Balance sheet as at 31 March 2017
2017 £
£
2016 £
£
Fixed assets: Tangible assets Investment properties Investments
1,214,873
1,267,063
1,700,000
1,600,000
1,070
1,070
2,915,943
2,868,133
Current assets: Debtors Investments Cash at bank and in hand
1,472,329
2,050,308
-
-
6,274,883
4,656,739
7,747,212
6,707,047
2,504,187
2,118,746
Liabilities: Creditors: amounts falling due within one year Net current assets
5,243,025
4,588,301
Total assets less current liabilities
8,158,968
7,456,434
Creditors: amounts falling due after one year
1,538,438
1,261,920
6,620,530
6,194,514
34,300
34,300
Total net assets The funds of the charity: Restricted income funds Unrestricted income funds: Designated funds Revaluation reserve General funds
1,752,477
1,752,477
714,191
714,191
4,119,562
3,693,546
Total unrestricted funds
6,586,230
6,160,214
Total charity funds
6,620,530
6,194,514
All of the results in the statement of financial activities are derived from continuing activities. There are no other recognised gains or losses other than those included in the statement. The financial summary represents Outward’s financial statements for year ended March 2017. For a better understanding of the Charity’s financial position and the results of its operations, please refer to the detailed, audited financial statements which can be obtained from our registered office, Newlon House, 4 Daneland Walk, Hale Village, London, N17 9FE. 21