accord_fs_2020_JD_FINAL | Page 74

72 | Accord Housing Association
31 . Financial Assets and Liabilities
2020
2019
£ 000
£ 000
Financial assets that are debt instruments measured at amortised cost Other debtors
17,134
14,772
Financial liabilities measured at amortised cost Bank overdraft
230
1,424
Loans
499,527
464,438
Trade and other creditors
16,957
17,304
32 . Subsequent Events
The following events have taken place since the Balance Sheet date : -
The final deferred £ 25m tranche of the 2018 Private Placement arrangement along with a further tranche of £ 30m agreed in 2019 completed in June 2020 .
The outbreak of the Covid-19 pandemic is an in-year event reflected in the financial statements to 31 March 2020 . The pandemic has impacted on the operations of the Association and this is expected to continue into the 2020-21 financial year . From a financial perspective our core housing and care services have continued to be delivered throughout the restrictions and whilst the development programme has been impacted , this has only had a minimal impact . Management are satisfied that the Association is a going concern as detailed in note 1 .