Appendix 5
Summary of IIRS Annual Accounts 1981-1984
|
(£) |
Income |
1981 |
1982 |
1983 |
1984 |
Dept. of Industry Grant in Aid |
8799 |
7620 |
9752 |
7896 |
Dept. of Energy Conservation Programme |
400 |
350 |
250 |
250 |
Fees and Subscriptions |
2832 |
3426 |
3939 |
4615 |
Other income |
|
|
|
|
Capital Expenditure Net of Sales (Equipment) |
(1357) |
(151) |
(69) |
(33) |
Total Income |
10870 |
11513 |
12137 |
13150 |
Revenue Expenditure |
|
|
|
|
Board & Committees, fees and expenses |
17 |
14 |
16 |
15 |
Staff Salaries Expenses and Superann. |
8345 |
8659 |
9206 |
9928 |
Materials |
415 |
417 |
399 |
403 |
General Administration |
1547 |
2015 |
2009 |
2058 |
Fellowships Scholarships and Grants and loans |
56 |
67 |
61 |
55 |
Other operating expenses |
479 |
587 |
584 |
653 |
Total Expenditure |
10859 |
11759 |
12275 |
13112 |
Surplus/(Deficit) |
11 |
(246) |
(138) |
38 |
Land & Buildings Account |
|
|
|
|
Grant in Aid |
2126 |
2099 |
1474 |
1710 |
Expenditure less over provision in |
|
|
|
|
previous Year |
2097 |
3298 |
(75) |
937 |
Excess of income/(Expenditure) |
28 |
(1199) |
1549 |
772 |
BALANCE SHEET
|
£ |
£ |
£ |
£ |
Fixed Assets |
1981 |
1982 |
1983 |
1984 |
Lands and Buildings (at cost) |
9,461,636 |
12,759,674 |
12,684,250 |
13,256,435 |
Equipment and Furniture |
|
|
|
|
(at cost) |
3,341,546 |
3,489,000 |
3,512,507 |
3,543,331 |
|
12,803,182 |
16,248,674 |
16,196,757 |
16,799,766 |
Current Assets |
|
|
|
|
Debtors and Prepayments |
1,721,249 |
1,997,349 |
2,273,761 |
2,751,999 |
Cash on hand and at Bank |
561 |
719 |
813 |
908 |
|
1,721,810 |
1,998,068 |
2,274,574 |
2,752,907 |
Less Current Liabilities |
|
|
|
|
Bank Current Account |
496,876 |
1,183,515 |
844,702 |
950,510 |
Creditors and amounts |
|
|
|
|
received in advance |
1,259,885 |
2,294,463 |
1,497,964 |
1,060,041 |
(Net Current Liabilities) |
(34,951) |
(1,479,910) |
(68,092) |
742,356 |
TOTAL NET ASSETS |
12,768,231 |
14,768,764 |
16,128,665 |
17,542,122 |
Represented by: |
|
|
|
|
Capital Account Balance at |
|
|
|
|
1 January |
9,352,961 |
12,803,182 |
16,196,757 |
16,799,766 |
Additions, less disposals |
|
|
|
|
at cost - year ended |
|
|
|
|
31 December |
3,450,221 |
3,445,492 |
|
|
|
12,803,182 |
16,248,674 |
|
|
Income and Expenditure |
|
|
|
|
Account at |
|
|
|
|
1 January |
75,255 |
86,054 |
(159,867) |
(297,493) |
(Deficit)/Surplus for year |
|
|
|
|
end 31 December |
10,799 |
(245,921) |
(137,606) |
37,936 |
|
86,054 |
(159,867) |
(297,473) |
(259,537) |
Land and Buildings Account |
|
|
|
|
(Deficit) at 1 January |
(149,228) |
(121,005) |
(1,320,043) |
229,381 |
(Deficit)/Surplus for year |
|
|
|
|
end 31 December |
28,223 |
(1,199,038) |
1,549,424 |
772,512 |
|
(121,005) |
(1,320,043) |
229,381 |
1,001,893 |
|
12,768,231 |
14,768,764 |
16,128,665 |
17,542,122 |
Statement of Source and Application of Funds
Source of Funds |
(£) |
|
1981 |
1982 |
1983 |
1984 |
(Excess of Expenditure over Income) Excess of |
|
|
|
|
Income over Expenditure |
10,799 |
(245,921) |
(137,606) |
37,936 |
Adjustment for items not involving movement |
|
|
|
|
of funds |
- |
- |
- |
- |
|
10,799 |
(245,921) |
(137,606) |
37,936 |
Government Grants for Land and Buildings |
2,126,000 |
2,099,000 |
1,474,000 |
1,710,000 |
|
2,136,799 |
1,853,079 |
1,336,394 |
1,747,936 |
Application of Funds |
|
|
|
|
Expended on Lands and Buildings |
(2,097,777) |
(3,298,038) |
(75,424) |
937,488 |
|
39,022 |
(1,444,959) |
1,411,811 |
810,448 |
(Decrease) Increase in Working Capital |
|
|
|
|
Increase in Debtors |
448,830 |
276,100 |
276,412 |
478,238 |
(Increase) in Creditors |
(341,894) |
(1,034,578) |
796,499 |
437,923 |
Movement in net Liquid funds |
|
|
|
|
Increase/(Decrease) in Cash on hand |
(32) |
158 |
94 |
95 |
(Decrease) in Cash at Bank |
(67,882) |
(686,639) |
338,813 |
(105,808) |
|
39,022 |
(1,444,959) |
1,411,818 |
810,448 |
|
