Company Balance Sheet
As at 31 March 2015
2015
2014
Note
£’000
£’000
Fixed assets
Investments
Tangible assets
15
100,738
100,738
12 549 437
101,287 101,175
Current assets
Debtors - amounts recoverable within one year
17
Debtors - amounts recoverable in more than one year
17
Cash at bank and in hand
9,191
78,845
—
10,214
79,995
4,240
88,036 94,449
Creditors – amounts falling due within one year
Borrowings
18
(6,837)
(14,207)
Other creditors
19
(9,788)
(8,520)
(16,625) (22,727)
Net current assets
71,411
71,722
Total assets less current liabilities
172,698
172,897
Creditors – amounts falling due in more than one year
Borrowings
18
(119,672)
Other creditors
19
(1,989)
(119,338)
(538)
Net assets 51,037 53,021
Capital and reserves
Share capital
Share premium account
Capital redemption reserve
Hedging reserve
Profit and loss account
23
24
24
24
24
5,449
10,882
1
(1,266)
35,971
5,449
10,882
1
40
36,649
Shareholders’ funds 51,037 53,021
The accompanying notes are an integral part of these financial statements. The financial statements of South Staffordshire Plc, registered number 4295398,
were approved by the Board of Directors and authorised for issue on 30 July 2015.
A P Page
Group Chief Executive
56