Sense, The National Deafblind and Rubella Association Council’s report and accounts for the year ended 31 March 2008
12 Investments Group
2008 £
2007 £
Fixed asset investments: Listed in UK (at market value)
1,001
907
Current assets investments: Bank deposit accounts
5,706,263
5,404,282
Movements in the value of fixed asset investments listed in the UK can be explained as follows: 2008 £
2007 £
Opening market value
907
2,875
Purchases of investments
-
16,000
Sales of investments
-
(18,215)
Unrealised gain on investments held
94
247
Closing market value
1,001
907
Current Asset Investments – restricted funds and other funds for future use invested in high interest term accounts. Cash at bank and in hand – principally cash in current accounts invested overnight in interest bearing accounts with instant access.
Sense Annual Report & Accounts 2008 53