Correct in as much as the debts were paid off and remained so until after the accounts were signed off and PBSE note deals with actual events up to the date of the accounts being signed off. Bear in mind the JG charge from 2015 covers the basic payment for 16/17, not 15/16 as was asserted by an ex poster.
You could look at it that subsequently if the projected 22.5 mil was drawn down there's the bulk of the January transfer kitty, but I honestly don't know - it just seems logical.
I imagine that the 16/17 stabiliser payment bit of the RMF is the bit left in place and the JG is obviously the last bit of the 16/17 basic payment.
I think that logic dictates it's the 17/18 basic payment bit that has been released in order that it can be used for security on a similar basis loan from a mainstream lender, but I am not ITK and never claim to be, so just my interpretation and musings.
* I am, however, a nerdish cockwomble.