Balance sheet as at 31 March 2006 Note
2006 (ÂŁ000)
2005 (ÂŁ000)
Fixed Assets Intangible Operating Assets
11
482
145
Tangible Operating Assets
12
2,619
3,691
Investment Properties
13
95,018
100,515
Investments
14
24,046
14,949
122,165
119,300
Current Assets Development Assets
16
94,581
90,670
Debtors
17
117,852
72,434
Cash at bank and in hand
25
Creditors: Amounts falling due within one year
18
Net Current Assets Creditors: Amounts falling due after more than one year
19
Provisions For Liabilities And Charges
20
Total Assets Less Total Liabilities
19,370
26,749
231,803
189,853
(127,725)
(80,813)
104,078
109,040
(20,275)
(15,692)
(978)
(3,306)
204,990
209,342
Reserves Government Grant Reserve
22
204,553
204,287
European Funding Reserve
23
9,526
14,144
Income and Expenditure Reserve
24
(9,089)
(9,089)
204,990
209,342
These financial statements were approved by the board on 13th July 2006.
Bryan M Gray Chairman
page 43
Steven Broomhead Chief Executive