Statement of financial position as at 31 March 2024
Non-current assets
| Note | 31 March 2024 £000 | 31 March 2023 £000 | |
| Intangible assets | 6.1 | 46 | 87 |
| Property, plant and equipment | 7.1 | 89,935 | 79,551 |
| Right of use assets | 9.1 | 19,844 | 19,127 |
| Trade and other receivables | 10.1 | 446 | 526 |
| Total non-current assets | 110,271 | 99,291 |
Current assets
| Trade and other receivables | 10.1 | 5,813 | 10,026 |
| Cash and cash equivalents | 15.1 | 50,499 | 40,946 |
| Total current assets | 56,312 | 50,972 |
Current liabilities
| Trade and other payables | 11.1 | (18,586) | (19,597) |
| Borrowings | 12.1 | (1,576) | (1,326) |
| Provisions | 13.1 | (317) | (144) |
| Other liabilities | 11.2 | (2,526) | (5,388) |
| Total current liabilities | (23,005) | (26,455) | |
| Total assets less current liabilities | 143,578 | 123,808 |
Non-current liabilities
| Borrowings | 12.1 | (11,105) | (10,302) |
| Provisions | 13.1 | (615) | (895) |
| Total non-current liabilities | (11,720) | (11,197) | |
| Total assets employed | 131,858 | 112,611 |
Financed by taxpayers' equity
| Public dividend capital | 60,509 | 52,359 | |
| Revaluation reserve | 14.1 | 24,311 | 22,627 |
| Income and expenditure reserve | 47,038 | 37,625 | |
| Total taxpayers' equity | 131,858 | 112,611 |
The notes from page 126 form part of these accounts.
The financial statements were approved by the Board of Directors and authorised for issue by:
Sarah Connery (Chief Executive)
20 June 2024
