BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...
BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...
BRITISH TOURIST AUTHORITY TRADING AS VISITBRITAIN ...
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VisitBritain and VisitEngland<br />
Consolidated statement of financial position at 31 st March 2010<br />
Note 2010 2009 2008<br />
Assets<br />
Non-current assets<br />
£’000 £’000 £’000<br />
Property, plant and equipment 17 1,361 1,791 1,929<br />
Retirement benefit assets 28 487 422 460<br />
Total non-current assets 1,848 2,213 2,389<br />
Current assets<br />
Inventories 19 2,056 1,921 1,501<br />
Trade and other receivables 20 6,567 7,968 7,377<br />
Derivative financial assets 25 222 37 -<br />
Cash and cash equivalents 21 1,897 1,089 1,029<br />
Total current assets 10,742 11,015 9,907<br />
Total assets 12,590 13,228 12,296<br />
Liabilities<br />
Current liabilities<br />
Trade and other payables 22 (8,599) (8,388) (8,457)<br />
Derivative financial liabilities 25 - (132) -<br />
Provisions 23 (1,602) (1,155) (201)<br />
Total current liabilities (10,201) (9,675) (8,658)<br />
Non-current liabilities<br />
Retirement benefit liabilities 28 (19,604) (292) (302)<br />
Total non-current liabilities (19,604) (292) (302)<br />
Total liabilities (29,805) (9,967) (8,960)<br />
Total Net Assets (17,215) 3,261 3,336<br />
Taxpayer’s Equity<br />
Income and expenditure reserve 24 (17,687) 2,614 2,623<br />
Revaluation reserve 24 472 647 713<br />
Total reserves (17,215) 3,261 3,336<br />
Sandie Dawe MBE<br />
Chief Executive<br />
VisitBritain<br />
7 th July 2010<br />
The notes on pages 40 to 80 form part of these financial statements<br />
36
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