Financial Statements to 31 July 2008 - Perth College - UHI ...
Financial Statements to 31 July 2008 - Perth College - UHI ...
Financial Statements to 31 July 2008 - Perth College - UHI ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Perth</strong> <strong>College</strong><br />
Notes <strong>to</strong> the Accounts<br />
16 Deferred Taxation<br />
Group<br />
<strong>College</strong><br />
Group<br />
Year ended<br />
Year ended<br />
Year ended<br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong> <strong>31</strong> <strong>July</strong> <strong>2008</strong> <strong>31</strong> <strong>July</strong> 2007<br />
£000 £000<br />
£000<br />
<strong>College</strong><br />
Year ended<br />
<strong>31</strong> <strong>July</strong> 2007<br />
£000<br />
The deferred tax included in the Balance Sheet<br />
is as follows:<br />
Included in credi<strong>to</strong>rs/deb<strong>to</strong>rs (Note 17) 6 - 7 -<br />
The movement in the deferred taxation<br />
account during the year was:<br />
At 1 August 2007 7 - (13) -<br />
Profit and loss account movement<br />
arising during the year (1) - 20 -<br />
At <strong>31</strong> <strong>July</strong> <strong>2008</strong> 6 - 7 -<br />
The balance of the deferred taxation account<br />
consists of the tax effect of timing differences<br />
in respect of:<br />
Other timing differences (6) - (7) -<br />
17 Credi<strong>to</strong>rs: Amounts Falling Due Within One Year<br />
Group <strong>College</strong> Group <strong>College</strong><br />
Year ended<br />
Year ended<br />
Year ended Year ended<br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong> <strong>31</strong> <strong>July</strong> <strong>2008</strong><br />
<strong>31</strong> <strong>July</strong> 2007 <strong>31</strong> <strong>July</strong> 2007<br />
£000 £000<br />
£000 £000<br />
Bank loans and overdrafts - - 60 -<br />
Trade credi<strong>to</strong>rs 541 518 760 738<br />
Amounts owed <strong>to</strong> group undertakings:<br />
Subsidiary undertaking - 7 - 6<br />
Other credi<strong>to</strong>rs 175 138 162 119<br />
Deferred Taxation 6 - 7 -<br />
Other taxation and social security 228 197 212 185<br />
Accruals 2,663 2,164 1,766 1,424<br />
Unspent student support funds 113 113 200 200<br />
3,726 3,137 3,167 2,672<br />
18 Credi<strong>to</strong>rs: Amounts Falling Due After More Than One Year<br />
Group<br />
<strong>College</strong><br />
Year ended<br />
Year ended<br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong><br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong><br />
£000<br />
£000<br />
Group<br />
Year ended<br />
<strong>31</strong> <strong>July</strong> 2007<br />
£000<br />
<strong>College</strong><br />
Year ended<br />
<strong>31</strong> <strong>July</strong> 2007<br />
£000<br />
Repayable Grant 16 - 23 -<br />
19 Borrowings<br />
Group<br />
<strong>College</strong><br />
Group<br />
Year ended<br />
Year ended<br />
Year ended<br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong><br />
<strong>31</strong> <strong>July</strong> <strong>2008</strong><br />
<strong>31</strong> <strong>July</strong> 2007<br />
£000 £000<br />
£000<br />
Repayable Grant<br />
The Repayable Grant is repayable as follows:<br />
<strong>College</strong><br />
Year ended<br />
<strong>31</strong> <strong>July</strong> 2007<br />
£000<br />
In one year or less 8 - 8 -<br />
Between one and two years 8 - 8 -<br />
Between two and five years 8 - 15 -<br />
In five years or more - - - -<br />
24 - <strong>31</strong> -<br />
39
Change language