19. Deferred capital grant income
Balance at 1 April
Received in the year
Group Group
Association Association
2016 2015
£000 £000
2016 2015
£000 £000
277,168
237,105
163,572
161,713
5,841
7,067
5,400
3,760
Transferred to subsidiaries
-
-
(1,260)
-
Acquisition of Heantun
-
36,124
-
-
1,399
-
1,399
-
Repaid/Abated on disposals
Acquisition of Gharana
(1,384)
(707)
(481)
(495)
Released to income in the year
(2,498)
(2,421)
(1,472)
(1,406)
280,526
277,168
167,158
163,572
Balance at 31 March
2,498
2,498
1,472
1,472
Amounts to be released in more than one year
278,028
274,670
165,686
162,100
280,526
277,168
167,158
163,572
Amounts to be released within one year
20. Recycled Capital Grant Fund
Group Group
Association Association
2016 2015
£000 £000
2016 2015
£000 £000
Balance at 1 April
1,925
1,398
1,214
859
971
642
311
436
Grants recycled
Interest accrued
Withdrawals
Balance at 31 March
11
9
6
5
(508)
(124)
(508)
(86)
2,399
1,925
1,023
1,214
Withdrawals from the Recycled Capital Grant Fund have contributed to new development and qualifying flexible tenure purchases.
Financial Statements 2016
95