Directors' Report and Financial Statements Structures and Statistics ...
Directors' Report and Financial Statements Structures and Statistics ...
Directors' Report and Financial Statements Structures and Statistics ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
68 ITB <strong>Financial</strong> <strong>Statements</strong> 1999–2000<br />
ITB <strong>Financial</strong> <strong>Statements</strong> 1999–2000<br />
69<br />
INSTITUTE OF TECHNOLOGY BLANCHARDSTOWN<br />
Income <strong>and</strong> Expenditure Account for period 10 December 1999 to 31 August 2000<br />
Balance Sheet as at 31 August 2000<br />
2000 2000<br />
INCOME NOTE IR£’000s €,000<br />
State Grant 1 1840 2336<br />
Release from Capital Account 14 481 611<br />
Tuition Fees 2 106 134<br />
Research,Consultancy <strong>and</strong> Development 3 49 62<br />
Other Income 4 69 88<br />
____________________________<br />
2545 3231<br />
____________________________<br />
EXPENDITURE<br />
Academic Departments 5 694 881<br />
Academic Support Services 6 423 537<br />
Premises <strong>and</strong> Facilities 7 204 259<br />
Central Administration <strong>and</strong> Services 8 555 705<br />
Research, Consultancy & Development 3 49 62<br />
Depreciation 11 481 611<br />
____________________________<br />
2406 3055<br />
____________________________<br />
OPERATING SURPLUS 139 176<br />
2000 2000<br />
FIXED ASSETS NOTE IR£’000s €,000<br />
Tangible Assets 11 8650 10983<br />
____________________________<br />
8650 10983<br />
____________________________<br />
CURRENT ASSETS<br />
Debtors <strong>and</strong> Prepayments 12 489 620<br />
Cash at Bank <strong>and</strong> in H<strong>and</strong> 36 46<br />
____________________________<br />
525 666<br />
____________________________<br />
CURRENT LIABILITIES<br />
Creditors - Amounts falling due within one year 13 353 448<br />
____________________________<br />
NET CURRENT ASSETS 172 218<br />
____________________________<br />
____________________________<br />
NET ASSETS 8822 11201<br />
____________________________<br />
ACCUMULATED SURPLUS AT THE START OF THE PERIOD 33 42<br />
____________________________<br />
ACCUMULATED SURPLUS AT THE END OF THE PERIOD 172 218<br />
____________________________<br />
All gains <strong>and</strong> losses are recognised in the Income <strong>and</strong> Expenditure Account<br />
The Statement of Accounting Policies, Cash Flow Statement <strong>and</strong> notes 1 to 19<br />
form part of the financial statements.<br />
Represented by:<br />
RESERVES<br />
Capital Account 14 8650 10983<br />
Income <strong>and</strong> Expenditure Account 172 218<br />
____________________________<br />
8822 11201<br />
____________________________<br />
Signed on behalf of Governing Body<br />
The Statement of Accounting Policies, Cash Flow Statement <strong>and</strong> notes 1 to 19<br />
form part of the financial statements.<br />
Director<br />
____________________________________<br />
Signed on behalf of Governing Body<br />
Chairman<br />
____________________________________<br />
Director<br />
____________________________________<br />
Chairman<br />
____________________________________