Group Financial Statements 2012 - Riverside
Group Financial Statements 2012 - Riverside
Group Financial Statements 2012 - Riverside
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
16a<br />
Creditors: analysis of disposal proceeds fund<br />
and recycled capital grant fund<br />
<strong>Group</strong> and Association<br />
<strong>2012</strong> 2011<br />
£’000 £’000<br />
Disposal Proceeds Fund<br />
Opening balance 754 2,214<br />
Grants recycled — 455<br />
Interest accrued 3 7<br />
Major repairs and works to existing stock (91) (1,922)<br />
———— ————<br />
Closing balance<br />
————<br />
666<br />
————<br />
754<br />
No amounts are due for repayment to the Homes and Communities Agency.<br />
<strong>2012</strong> 2011<br />
£’000 £’000<br />
Recycled Capital Grant Fund<br />
Opening balance 13,900 17,802<br />
Grants recycled 3,504 3,074<br />
Interest accrued 77 64<br />
Major repairs and works to existing stock (3,444) (7,040)<br />
———— ————<br />
Closing balance<br />
————<br />
14,037<br />
————<br />
13,900<br />
No amounts are due for repayment to the Homes and Communities Agency.<br />
62
Change language