The following central funds are administered by HM Treasury which includes producing annual accounts. The maintenance and integrity of the content on this page is the responsibility of the relevant Accounting Officer; the work carried out by the auditors does not involve consideration of these matters and accordingly the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.
The Contingencies Fund is used to finance payments for urgent services in anticipation of Parliamentary provision, to provide funds required temporarily by government departments and to meet other temporary cash deficiencies.
The Exchange Equalisation Account (EEA) was established in 1932 to provide a fund which could be used for “checking undue fluctuations in the exchange value of sterling”. Under the consolidating Exchange Equalisation Account Act 1979, it may also be used to secure the conservation or disposition in the national interest of making payments abroad and for certain purposes arising out of the UK’s membership of the IMF including the holding, purchase and sale of Special Drawing Rights (SDRs). It holds the UK’s reserves of gold, foreign currencies and SDRs.
Added: 'Consolidated Fund account 2020 to 2021' and 'National Loans Fund account 2020 to 2021'
Added: 'Contingencies Fund account 2020 to 2021'
Added: 'Exchange Equalisation Account: report and accounts 2020 to 2021'
Updated with 'Exchange Equalisation Account: report and accounts 2019 to 2020', 'Contingencies Fund account 2019 to 2020', 'Consolidated Fund account 2019 to 2020' and 'National Loans Fund account 2019 to 2020'.
'Updated with 'Consolidated Fund account 2018 to 2019', 'National Loans Fund account 2018 to 2019' and 'Exchange Equalisation Account: report and accounts 2018 to 2019'.
Updated with 'Contingencies Fund account 2018 to 2019'.
Updated with Consolidated Fund account 2017 to 2018, National Loans Fund account 2017 to 2018 and Exchange Equalisation Accounts 2017 to 2018
Updated with Contingencies Fund account 2017 to 2018
Latest EEA added.
Updated with Consolidated Fund account 2016 to 2017 and National Loans Fund account 2016 to 2017
Updated with Contingencies Fund account 2016 to 2017
Updated: Exchange Equalisation Accounts 2015 to 2016
Updated with: Contingencies Fund account 2015 to 2016, National Loans Fund account 2015 to 2016 and Contingencies Fund account 2015 to 2016
Updated to include Contingencies fund
Updated with latest EEA, Consolidated fund, and NLF