Annual Report and Financial Statements 2022-2023 - Flipbook - Page 37
18PROVISIONS FOR LIABILITIES
2022
Dilapidations
£’000
2023
Dilapidations
£’000
Balance at 1 April 2021
98
199
Utilised during the year
-
(101)
Increased provision
-
-
98
98
Balance at 31 March 2023
The dilapidations provisions carried forward represent dilapidations obligations for 24 (2022: 20) leased properties.
19ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fund balances at 31 March 2023 were represented by:
Unrestricted
funds
£’000
Tangible fixed assets
Restricted
Income funds
£’000
Total
funds
£’000
725
741
1,466
1,488
1,159
2,647
Provisions
(98)
-
(98)
Total net assets
2,115
1,900
4,015
Unrestricted
funds
£’000
Restricted
Income funds
£’000
Total
funds
£’000
711
997
1,708
Net current assets
1,876
902
2,778
Provisions
(98)
-
(98)
2,489
1,899
4,388
Net current assets
Fund balances at 31 March 2022 were represented by:
Tangible fixed assets
Total net assets
TCV Annual Report and Financial Statements 2022-2337
