The Scottish Consolidated Fund Accounts for the year ended 31 March 2024

The 2023-24 annual account for Scottish Consolidated Fund (SCF) set up following devolution in 1999 and under the Scotland Act 1998.

This account has been prepared under sections 19(2) and 19(4) of the Public Finance and Accountability (Scotland) Act 2000.


Receipts and Payments Account

For the period 1 April 2023 to 31 March 2024

Receipts

Note

2023-24

£000

2022-23 (Restated)

£000

Funding

Receipts from the Office of the Secretary of State for Scotland

2

30,563,687

28,549,013

Scottish Income Tax

3

15,392,550

13,819,685

Non-Domestic Rates Income

4

3,047,000

2,766,000

National Insurance Contributions

5

2,814,523

3,507,538

Devolved taxes

6

878,018

954,847

Borrowing

7

404,000

347,000

Voluntary donations

8

26

181

Crown Estate surplus

9

19,664

120,696

Fines, Forfeitures, and Fixed Penalties

10

33,091

25,409

Receipt from the Registers of Scotland

11

-

-

King’s and Lord Treasurer's Remembrancer

14

171

5,022

Other receipts

15

12,296

36,440

53,165,026

50,131,831

UK Contingencies Fund

Receipts

12

1,407,422

313,000

1,407,422

313,000

Receipts not authorised to be used to support expenditure

Repayment of Loans formerly from National Loans Fund - principal and interest

13

120,791

61,713

Other receipts

15

471

153

121,262

61,866

Total Receipts

54,693,710

50,506,697

Payments authorised under the Budget Act

 

 

Documents

16

49,832,239

47,168,788

Non-Domestic Rates Income Distribution

16

3,047,000

2,766,000

52,879,239

49,934,788

UK Contingencies Fund

Payments

12

1,407,422

313,000

1,407,422

313,000

Charges on the SCF

Judicial Salaries

17

38,974

37,400

Designated receipts

15

471

153

Borrowing repayments

7

216,727

159,601

National Loans Fund repayments to Office of the Secretary of State for Scotland

13

120,791

61,713

Ministerial pension payments

249

174

Proceeds of Crime paid to the SG

18

6,040

7,300

Victim Surcharge paid to the SG

19

477

688

383,729

267,029

Total Payments

54,670,390

50,514,817

Surplus / (Deficit) For the Period

23,320

(8,120)

Contact

Email: pawel.kurcz@gov.scot

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