Balance Sheet as at 31 March 2009

2008

2009

£’000s

£’000s

£’000s

£’000s

Fixed Assets

-

Intangible Fixed Assets

Note 21

-

Tangible Fixed Assets

Operational Assets

Notes 18&19

152,960

Council Dwellings

122,620

36,412

Other Land and Buildings

36,641

4,745

Vehicles, Plant and Equipment

4,898

12,885

Infrastructure Assets

11,394

693

Community Assets

1,539

Non-operational Assets

36,421

Investment Properties

31,485

783

Assets Under Construction

-

162

Surplus assets, held for disposal

829

245,061

Total Fixed Assets

209,406

Long-term Debtors

85

    Mortgages

47

2,012

    Other

Note 23

1,393

247,158

Total Long Term Assets

210,846

Current Assets

203

    Rechargeable Works

240

56

    Stocks and Stores

Note 24

150

9,063

    Short-term Investments

6,936

15,044

    Debtors

Note 25

19,520

3,402

    Cash and Bank

988

23,319

22,585

Current Liabilities

    Borrowing Repayable on Demand

(544)

    or Within  12 Months

Notes 28&30

(8,556)

(13,861)

    Creditors

Note 26

(15,771)

(14,405)

(24,327)

256,072

Total Assets less Current Liabilities

209,104

Long Term Liabilities

(26,647)

Long Term Borrowing (in excess of 1 year)

Note 28&30

(18,647)

(17,941)

Government Grants deferred

Note 32

(17,203)

(2,502)

Capital Contributions unapplied

Note 33

(2,172)

Liability Related to Defined Benefit Pension Scheme

Note 41

165,318

Total Assets less Liabilities

117,404

Financed By:

180,587

Capital Adjustment Account

Note 35

143,269

-

Financial Instruments Adjustment Account

Note 37

(1)

9,383

Revaluation Reserve

Note 34

8,045

1,282

Usable Capital Receipts Reserve

Note 36

373

(43,664)

Pensions Reserve

Note 41

(53,678)

153

Major Repairs Reserve

Note 37

1,194

3,039

General Fund Balance

2,076

4,336

(73)

Housing Revenue Account Balance

Collection Fund

7,974    (49)

8,198

Earmarked Reserves

Note 38

6,817

2,077

Deferred Credits

Note 27

1,384

165,318

Total net worth

117,404