KCHC Annual Review 2023-24 WEB Singles - Flipbook - Page 47
Statement of cash flows for the year ended 31 March 2024
Statement of cash flows for the year ended 31 March 2024
2023/24
2022/23
£’000
£’000
(2,038)
(1,071)
1,048
757
30,899
8,790
(32,201)
(8,790)
2,472
249
(34)
(20)
2,184
986
Receipt of endowment
-
100
Net cash provided by financing activities
-
100
Increase in cash and cash equivalents in the year
146
15
Cash and cash equivalents at the beginning of the year
391
376
Total cash and cash equivalents at the end of the year
537
391
Cash flow from operating activities:
Net cash (used in) operating activities
Cash flows from investing activities
Income from investments
Proceeds of sale of investments
Purchase of investments
Movement in cash held within investment portfolio
Capital expenditure
Net cash provided by investing activities
Cash flows from financing activities:
Reconciliation of net movement in funds to net cash
(used in) operating activities
2023/24
2022/23
£’000
£’000
126
(4,174)
-
(100)
Deduct (gains)/losses on investments
(1,527)
2,320
Deduct investment income
(1,048)
(757)
26
20
117
120
(547)
548
815
952
(2,038)
(1,071)
Net surplus/(deficit) for the year
Deduct endowment receipt
Depreciation
Fees deducted from investment funds
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash (used in) operating activities
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