Summary cashflow 2019-20

Cashflow is the actual money that is moving in and out of the authority’s bank accounts. The following statement shows that the authority had sufficient income to cover its outgoings for the period 2019-20. Figures for the previous year (2018-19) are also included to provide a comparison.

The increase in the amount of cash held by us (£2.1m) was due to an increase in the grants we received and interest obtained from deposits and their return.

Investment activity is the placing of deposits in an account to earn interest and can have a substantial impact on the cashflow, for example when they are deposited or returned from banks, the Debt Management office, etc.

Figures have been rounded up to the nearest £0.1m (£100,000). For full details of exact amounts, please see the full statement of accounts.