Summary Financial Statements
Statement of Financial Position
31 st December 2016
2016 2015
£ £
£ £
FIXED ASSETS
Tangible assets 10,535,897 10,760,737
Investment property 1,395,000 1,395,000
11,930,897 12,155,737
CURRENT ASSETS
Stocks
25,653 25,585
Debtors 334,234 268,545
Cash at bank and in hand 892,096 478,658
1,251,983 772,788
1,156,099 1,137,028
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS / (LIABILITIES)
95,884 (364,240)
TOTAL ASSETS LESS CURRENT LIABILITIES
12,026,781 11,791,497
CREDITORS
Amounts falling due after more than one year
(4,032,656) (4,162,370)
PROVISIONS FOR LIABILITIES (360,411) (422,534)
PENSION LIABILITY (630,000) (445,000)
NET ASSETS
7,003,714 6,761,593
RESERVES
Statement of comprehensive income
28
cowesharbourcommission.co.uk
7,003,714 6,761,593
/cowesharbourcommission
@cowesharbour