EC Meeting Papers July 2018

General Federation of Trade Unions Notes to the Accounts for the year ended 31 December 2017

10 Debtors

2017

2016

£

£

Trade debtors Other debtors

39,454

26,568 13,317

745

Due from GFTUET Trading Company Due from GFTU Educational Trust

166,782

-

1,619,165

1,514,121

1,826,146

1,554,006

Amounts due after more than one year included above

1,738,158

1,178,230

11 Creditors: amounts falling due within one year

2017

2016

£

£

Trade creditors

10,288

12,741

Taxation and social security costs Due to GFTU Pension Scheme

7,009 2,700

6,576

64,618 70,364

Other creditors

55,832

75,829

154,299

12 General Fund

2017

2016

£

£

At 1 January 2017 as previously stated

6,618,275

5,987,688

Surplus for the year

574,764 304,000

541,587 89,000

Pension scheme assumptions and Experience

7,497,039

6,618,275

13