Annual Report 2012 - Cadogan

NOTES ON THE FINANCIAL STATEMENTS 31 DECEMBER 2012
13 Fixed asset investments (continued)
The acquired hotel, 11 Cadogan Gardens, earned
a profit after tax of £72,000 in the year ended 31
December 2012, of which a loss of £120,000 arose
in the period 1 January 2012 to 25 January 2012.
The summarised profit and loss account for the period
from 1 January 2011 to the effective date of
acquisition is as follows:
2012
£000
Turnover
82
Operating loss
(61)
Loss before taxation
Taxation
Loss for the period to 25 January
(120)
–
(120)
There were no recognised gains or losses in the period
from 1 January 2012 to 25 January 2012 other than the
loss of £120,000 above.
14 Debtors
Group
2012 2011
£000 £000
Trade debtors
Other debtors
Accrued income
1,991 328
4,509 5,585
6,799 5,200
13,299 11,113
15 trade and other Creditors
Group
Company
2012 2011 2012 2011
£000 £000 £000 £000
Trade creditors
Other creditors and accruals
Social security and other taxation
Deferred income
5,147 3,409 – –
18,878 14,057 53 49
543 345 29 26
26,216 23,700 – –
50,784 41,511 82 75
36