Balance Sheet

31 March 2004

31 March 2005

£'000

Long Term Assets

£'000

£'000

Fixed assets : (see note 1)

2,194

Authority dwellings

2,194

49,576

Other land and buildings

49,253

5,022

Vehicles, plant and equipment

5,487

804

Work in Progress

646

730

Non-operational assets

730

58,326

Total fixed assets

58,310

5

Deferred charges (see note 2)

0

31

Long-term debtors (see note 3)

39

58,362

Total long term assets

58,349

Current Assets

501

Stocks (see note 4)

595

566

Debtors - general (see note 5)

469

712

Payments in advance (see note 6)

684

1,355

Temporary Lending (see note 9)

5,521

8

Imprests

5

3,142

Total current assets

7,274

Current Liabilities

-2,498

Creditors (see note 7)

-1,368

-176

Receipts in advance (see note 8)

-281

0

Temporary Borrowing (see note 9)

0

-2,674

Total current liabilities

-1,649

468

Net current (liabilities) or assets

5,625

58,830

Total assets plus net current (liabilites)/assets

63,974

Long term liabilities

-3,250

Long term borrowing (see note 10)

-5,100

-1,482

Provisions (see note 11)

-303

-4,732

Total long term liabilities

-5,403

7,960

Assets relating to defined benefit pension scheme

11,630

-256,565

Liabilities relating to defined benefit pension schemes

-332,094

-320,464

(see note 19)

-194,507

Total Net Assets

-261,893

Financed by :

-248,605

Pensions reserve (see note 19)

-320,464

56,854

Fixed asset restatement account (see note 12)

56,827

-2,756

Capital financing account (see note 13)

-3,999

0

Usable capital receipts reserve (see note 14)

42

0

Earmarked reserves (see note 18)

4,301

0

Revenue account

1,400

-194,507

-261,893