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Publication - Publication

The Scottish Consolidated Fund Accounts for the year ended 31 March 2016

Published: 30 Sep 2016
ISBN:
9781786525093

The audited annual financial statements of the Scottish Consolidated Fund for the financial year 1 April 2015 to 31 March 2016.

19 page PDF

292.1kB

19 page PDF

292.1kB

Contents
The Scottish Consolidated Fund Accounts for the year ended 31 March 2016
Notes to the Accounts

19 page PDF

292.1kB

Notes to the Accounts

1. Basis of accounting

In accordance with Section 19 (2) of the Public Finance and Accountability (Scotland) Act 2000, these accounts are prepared on a cash basis.

2. Receipts from Devolved Taxes

Two taxes were devolved to the Scottish Parliament with effect from 1 April 2015 under the Scotland Act 2012, Land and Buildings Transaction Tax (Sections 28 and 29) and Scottish Landfill Tax (Sections 30 and 31). A new body, Revenue Scotland, was created under the Revenue Scotland and Tax Powers Act 2014, and under Section 5 of that Act is required to pay the taxes collected into the Scottish Consolidated Fund.

During the year 2015-16, Revenue Scotland paid over £509.719 million to the Scottish Consolidated Fund in respect of the two Devolved Taxes.

  2015-16
  £000
Land and Buildings Transaction Tax ( LBTT) 405,725
Scottish Landfill Tax ( SLFT) 103,994
Total Devolved Taxes 509,719

Income from devolved taxes is accounted for in more detail in the Devolved Taxes Account published separately by Revenue Scotland.

3. Receipts for the Queen's and Lord Treasurer's Remembrancer

The balance of Queen's and Lord Treasurer's Remembrancer receipts paid into the Fund is as follows:

  2015-16 2014-15
  £000 £000
Balance in the SCF at 1 April 32,771 25,090
Receipts in the period 9,223 7,681
Balance in the SCF at 31 March 41,994 32,771

4. Analysis of receipts not authorised to be used to support expenditure

As provided for in section 64(3) of the Scotland Act 1998 (and certain other legislative provisions) all sums received by members of the Scottish Administration (and certain other bodies) are to be paid into the Scottish Consolidated Fund as Consolidated Fund Extra Receipts ( CFERs) unless there are alternative statutory provisions. In practice, most of the receipts of the bodies concerned were authorised to be used to support expenditure under the Budget Act and the Budget Orders (see Note 4).

The Scotland Act 1998 (Designation of Receipts) Order 2009 designates certain receipts (designated receipts) and provides that sums equivalent to these are to be paid to the Scotland Office, in practice for paying into the UK Consolidated Fund.

  Receipts paid into Receipts classed
2015-16 Fund during period as Designated
  £000 £000
Infrastructure, Investment and Cities 107 107
Finance, Constitution and the Economy 1,601 177
Rural Affairs, Food and the Environment 401 401
Justice 34,590 28,359
Crown Office & Procurator Fiscal Service 2,386  
TOTAL FOR 2015-2016 39,085 29,044

During 2015-16 CFER payments were paid to Scotland Office of £28.760 million. An additional £0.284 million of receipts classed as designated were received in 2015-16, which will be paid over in 2016-17.

During 2014-15 the receipts not authorised to be used to support expenditure is summarised below:

  Receipts paid into Receipts classed
2014-15 Fund during period as Designated
  £000 £000
Infrastructure, Investment and Cities 137 137
Finance, Employment and Sustainable Growth 383 6
Rural Affairs and the Environment 543 543
Justice 37,593 30,632
Crown Office & Procurator Fiscal Service 6,848 -
TOTAL FOR 2014-2015 45,504 31,318

During 2014-15 CFER payments were paid to Scotland Office of £31.315 million.

£3,000 was overpaid in error in 2013-14 and was adjusted against CFER payments made in 2014-15.

5. Payments authorised under the Budget Acts

For the period of this account the Scottish Parliament approved: Budget (Scotland) Act 2015 as amended by the Budget (Scotland) Act 2015 Amendment Regulations 2015 ( SSI 2015/434) and the Budget (Scotland) Act 2015 Amendment Regulations 2015 ( SSI 2016/158).

These Orders appropriate sums out of the Scottish Consolidated Fund for the financial year ending 31 March 2016 for the purposes of meeting expenditure in that year in connection with the functions for which expenditure is, by virtue of the Scotland Act 1998 and provisions made under it, payable out of that fund during the year.

2015-16 £000 £000
Scottish Government and Associated Departments 32,904,684  
Crown Office & Procurator Fiscal Services 106,500  
Food Standards Scotland 15,500  
SCOTTISH ADMINISTRATION   33,026,684
Forestry Commission (Scotland) 54,900  
Food Standards Agency -  
The Scottish Parliamentary Corporate Body 77,350  
Audit Scotland 7,000 139,250
TOTAL PAID   33,165,934

A new body, Food Standards Scotland, was created with effect from 1 April 2015, assuming responsibilities for food standards and safety in Scotland previously carried out by the Food Standards Agency. Funding of the new body replaced funding previously paid to the Food Standards Agency from that date.

During 2014-15 the authorised payments under the Budget Acts was £32,738 million, this is summarised below:

2014-15 £000 £000
Scottish Government and Associated Departments 32,478,748  
Crown Office & Procurator Fiscal Services 107,000  
SCOTTISH ADMINISTRATION   32,585,748
Forestry Commission (Scotland) 58,733  
Food Standards Agency 10,326  
The Scottish Parliamentary Corporate Body 76,800  
Audit Scotland 6,000 151,859
TOTAL PAID   32,737,607

6. Proceeds of Crime receipts

Monies recovered in Scotland under the provisions of the Proceeds of Crime Act 2002 are surrendered to the Scottish Consolidated Fund and subsequently repaid to the Scottish Government to be applied in accordance with the Act. During 2015-16 a total of £7.848 million (2014-15 £9.356 million) was repaid to the Scottish Government in respect of Proceeds of Crime initially surrendered to the Scottish Consolidated Fund.

The net balance of Proceeds of Crime receipts paid into the Fund is as follows:

  2015-16 2014-15
  £000 £000
Balance in the SCF at 1 April 7,018 4,617
Receipts to the SCF in the period 6,695 11,757
Payments to the Scottish Government in the period (7,848) (9,356)
Balance in the SCF at 31 March 5,865 7,018

7. Borrowing by Scottish Ministers

Under Section 32 of the Scotland Act 2012, additional borrowing powers were conferred on Scottish Ministers with effect from 1 April 2015. Any sums borrowed and repaid under these provisions must do so via the Scottish Consolidated Fund and hence be reflected in these accounts. There was no such borrowing in 2015-16.

8. Summary of the balance held at the Government Banking Service

  2015-16 2014-15
  £000 £000
Balance brought forward from previous year 220,141 206,107
Surplus/(Deficit) of receipts over payments for year 53,012 14,034
Balance at 31 March 273,153 220,141
The balance represents the following items:
Designated Receipts not yet paid to UK Consolidated Fund 284 -
Sums due to funded bodies not yet paid 46,344 7,018
General SCF Reserve 226,525 213,123
Balance held at the Government Banking Service 273,153 220,141

The balance held at GBS is analysed between sums due to the Scotland Office for onward transmission to the UK Consolidated Fund, sums identifiable as due to the Scottish Government or other funded bodies, and the General Reserve. The balance on the General Reserve of the Scottish Consolidated Fund does not necessarily represent an amount available for appropriation by a Budget Act or other means.

In particular, non-domestic rates paid to and by Scottish Ministers are credited to, or drawn from the Scottish Consolidated Fund and are accounted for in more detail in a separate non-domestic rating account.

9. Judicial Salaries

Receipts and Payments Account

For the period 1 April 2015 to 31 March 2016

RECEIPTS 2015-16 2014-15
  £000 £000
Received from the SCF 30,084 28,500
Income from recovery of overpayments   6
TOTAL RECEIPTS 30,084 28,506
PAYMENTS 2015-16 2014-15
  £000 £000
Salary Costs 29,677 30,137
Bank Charges 1 1
TOTAL PAYMENTS 29,678 30,138
SURPLUS/(DEFICIT) FOR THE PERIOD 406 (1,632)
  £000
Balance held at Government Banking Service as at 31 March 2015 428
Excess of receipts over payments in the period to 31 March 2016 406
Balance held at the Government Banking Service as at 31 March 2016 834

The salaries of the judiciary are a matter for the UK Government. Information on the salaries payable is set out in a report by the Senior Salaries Review Body.

During 2015-16 the number of paid judiciary in post at 31 March 2016 was:
Stipendary Magistrates 2  
Judges 31  
Sheriff Principals 7  
Sheriffs 132  
Members of the Lands Tribunal 3 FTE
Chairman of the Scottish Land Court 1  
Members of the Scottish Land Court 2 FTE
Comparative figures for 2014-15, the number of paid judiciary in post at 31 March 2015, are:
Stipendary Magistrates 3  
Judges 33  
Sheriff Principals 6  
Sheriffs 137  
Members of the Lands Tribunal 2 FTE
Chairman of the Scottish Land Court 1  
Members of the Scottish Land Court 1.55 FTE

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