British International Freight Association Annual Report and Accounts ...
British International Freight Association Annual Report and Accounts ...
British International Freight Association Annual Report and Accounts ...
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Balance<br />
Sheet<br />
as at 31 December 2008<br />
Note<br />
2008<br />
£<br />
2007<br />
£<br />
Fixed assets<br />
Tangible Assets 5 295,583 326,845<br />
Unlisted Assets 6 510 510<br />
296,093 327,355<br />
Current assets<br />
Debtors 7 99,425 68,016<br />
Cash at bank <strong>and</strong> in h<strong>and</strong> 801,855 759,932<br />
901,280 827,948<br />
Creditors<br />
Amounts falling due within one year 8 (519,043) (545,981)<br />
Net current assets 382,237 281,967<br />
Net assets 678,330 609,322<br />
Capital <strong>and</strong> reserves<br />
Accumulated Fund<br />
- Property Reserves 11 265,000 306,976<br />
- Other Reserves 11 413,330 302,346<br />
678,330 609,322<br />
These financial statements have been prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to<br />
small companies <strong>and</strong> with the Financial <strong>Report</strong>ing St<strong>and</strong>ard for Smaller Entities (effective January 2007).<br />
Approved on behalf of the Board<br />
2 April 2009<br />
Philip Stephenson<br />
Chairman<br />
Peter Quantrill<br />
Director General<br />
BIFA <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> 2008 17
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