Balance under the Police Property Act Funds
Freedom of information request reference no: 01.FOI.25.043639
I note you seek access to the following information:
I'd like to know the amount of funds you currently hold in Police Property Act Funds, what the balance has been on 31 December for the past 3 years and what rate of interest you currently earn on those funds.
Decision
I have today decided to disclose the located information to you in full. Please find below information pursuant to your request above.
Current balance of the PPAF - £6,790,455.62:
| Date | PPAF Current | PPAF SIBA | Total PPAF accounts |
|---|---|---|---|
| 24/03/2025 | £1,477,509.45 | £5,312,946.17 | £6,790,455.62 |
The balance as at 31 December for the last 3 years –
| Date | PPAF Current | PPAF SIBA | Total PPAF accounts |
|---|---|---|---|
| 31/12/2022 | £411,002.30 | £11,733,782.04 | £12,144,784.34 |
| 31/12/2023 | £516,870.70 | £12,441,263.62 | £12,958,134.32 |
| 31/12/2024 | £1,392,526.80 | £12,070,068.84 | £13,462,595.64 |
Current Interest 1.70%