EC Meeting Papers July 2018

GENERAL FEDERATION OF TRADE UNIONS EDUCATIONAL TRUST

BALANCE SHEET AT 31 DECEMBER 2017

2017

2016

Notes

£

£

Fixed assets Tangible assets Intangible assets

9

6,141

12,411

10 11

-

-

Investments

2,235,372

2,097,813

Current assets Debtors

12

837,289

757,248

Cash at bank and in hand

6,865

8,568

765,816

765,816

Creditors Amounts falling due within one year

13

(1,672,382)

(1,241,596)

Net current assets/(liabilities)

(828,288)

(475,780)

Total assets less current liabilities

1,407,144

1,634,444

Net assets/(liabilities)

1,407,144

1,634,444

Funds

15

Restricted funds Unrestricted funds

2,743,151 (1,336,007)

2,884,541 (1,250,097)

Total funds

1,407,144

1,634,444

The financial statements were approved by the Board of Trustees on ………………….. and were signed on its behalf by:

………………… Trustee

The notes form part of these financial statements

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