Cash reserves
Sutton's Bandon Hill Cemetery is discussing a treasury strategy to boost income from its cash reserves.
In November 2025, the Bandon Hill Cemetery Joint Committee discussed a revised treasury strategy to move a significant portion of its cash reserves into a higher-interest account. A report to the committee highlighted that the cemetery's cash was earning 2% interest, while Sutton Council has access to an account offering 3.77%.
The aim is to maximise returns on the cemetery's liquid assets, which stood at £763,940 in general reserves as of March 2025, according to the Report of the Surveyor. No further meetings are currently scheduled on this topic.
Key facts
- The Bandon Hill Cemetery Joint Committee met on 10 November 2025. Source
- The cemetery's cash was earning 2% interest in a Lloyds bank account. Source
- Sutton Council has access to a Lloyd's Government Call account offering 3.77%. Source
- Bandon Hill Cemetery held £763,940 in general reserves as of March 31, 2025. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.