Consolidated statement of cash flows
CONSOLIDATED STATEMENT OF CASH FLOWS
For the Year Ended 31 July 2017
|
For the Year Ended 31 July 2017 |
Notes |
2019/20 |
2018/19 |
|---|---|---|---|
| £000 | £000 | ||
|
Cash inflow from operating activities |
|||
|
(Deficit) / surplus for the year |
(773) |
(1,827) |
|
|
Adjustments for non-cash items |
|||
|
Depreciation |
12 |
4,950 |
4,787 |
|
Deferred capital grants released |
16 |
(468) |
(528) |
|
Pension costs less contributions payable |
1,455 |
1,135 |
|
|
(Increase) /decrease in operating debtors |
(1,323) |
59 |
|
|
Increase / (decrease) in operating creditors |
(526) |
(1,373) |
|
|
Increase / (decrease) in pension provision |
(164) |
(125) |
|
|
Adjustments for investing or financing activities |
|||
|
Investment income and interest receivable |
(13) |
(47) |
|
|
Interest payable |
1,385 |
1,215 |
|
|
Net cash inflow / (outflow) from operating activities |
4,523 |
3,296 |
|
| Cash flows from investing activities | |||
|
Proceeds from sale of endowment assets |
176 | 64 | |
|
Investment income |
17 | 28 | |
|
Payments made to acquire fixed assets |
(1,393) |
(1,834) |
|
|
Payments made to acquire endowment assets |
(30) |
(55) |
|
|
|
(1,230) |
(1,797) |
|
|
Cash flows from financing activities |
|||
|
Interest paid |
(1,385) |
(1,215) |
|
|
Repayments of amounts borrowed |
(1,492) |
(1,492) |
|
|
|
(2,877) |
(2,707) |
|
|
Increase / (decrease) in cash and cash equivalents in the year |
690 |
2 |
|
|
Cash and cash equivalents at beginning of the year |
7,936 |
9,144 |
|
|
Cash and cash equivalents at end of the year |
8,352 |
7,936 |
|
|
|
416 |
(1,208) |
