Our Company

Balance Sheet

Balance Sheet as at 31 March 2012

 

        2012   2011
    Note   £   £
             
Tangible fixed assets        
Housing properties at cost 2a        3666007          36273416 
Less Housing Association grant (24030681)    (23743710)  
  Other public grant ( 51966)    (51966)  
  Depreciation (1350239)    (1197022)  
             
             11227185         11280718
             
Other fixed assets 2b          998037            1022750 
             
Total fixed assets          12225222        12303468
             
Current assets          
Debtors & prepayments 4          317021       112703   
Short term investments 5a               498                497   
Bank & cash balances 5b             11008         8505   
             
               328527        121705  
Current liabilities          
Creditors(falling due within 1 year) 6 (1337835)   (1512810)  
Corporation tax 7                  -                    -    
             
      ( 1337835)   (1512810)  
             
Net current assets      ( 1009308)   ( 1391105)
             
Total assets less current liabilities      11215914        10912363 
             
Creditors (falling due after more       
than 1 year ) 8          9230266          9176370
             
Provision for liabilites and charges      
Pension liability 9          165000         112000  
Deferred tax                    -                    -    
                 165000            112000
             
Capital and reserves        
Share capital 10                    8                     9 
Capital reserves 11                   17                   16 
Revenue reserves 12&13          1820623          1623968 
             
             11215914         10912363 

Developed by Robert Fyffe.