19. DEFERRED CAPITAL GRANT INCOME
2018 2017
£’000
£’000
Balance at 1 April
283,961
280,526
Received in the year
8,858
7,484
Repaid/Abated on disposals
(2,653)
(1,772)
Released to income in the year
(2,154)
(2,277)
Balance at 31 March
288,012 283,961
Amounts to be released within one year
Amounts to be released in more than one year 2,526
285,486 2,498
281,463
288,012
283,961
20. RECYCLED CAPITAL GRANT FUND
2018 2017
£’000
£’000
Balance at 1 April
1,945
2,399
Grants recycled
2,619
1,067
Interest accrued
13
13
Withdrawals
(1,264)
(1,534)
Balance at 31 March
3,313
1,945
Withdrawals from the Recycled Capital Grant Fund have contributed to new development and qualifying flexible tenure purchases.
60
Accord Housing Association