The North / South Language Body Annual Report & Accounts 2009

FORAS NA GAEILGEBALANCE SHEET AT 31 DECEMBER 20092009 2009 2008 2008Notes € STG£ € STG£FIXED ASSETSTangible assets 9 133,873 118,892 208,178 198,289CURRENT ASSETSStocks 10 940,413 835,180 881,898 840,008Debtors due within one year 11 1,002,400 890,232 970,175 924,092Cash at bank and in hand 14.2 268,828 238,746 766,396 729,9922,211,641 1,964,158 2,618,469 2,494,092CURRENT LIABILITIESCreditors (amounts falling due within one year) 12 (492,879) (437,726) (478,155) (455,443)NET CURRENT ASSETS/(LIABILITIES) 1,718,762 1,526,432 2,140,314 2,038,649Deferred pension funding balance 15.4.6 13,520,000 12,007,000 10,052,000 9,575,000Pension liability 15.4.2 (13,520,000) (12,007,000) (10,052,000) (9,575,000)- - - -TOTAL ASSETS LESS CURRENTLIABILITIES1,852,635 1,645,324 2,348,492 2,236,938FINANCED BY:CAPITAL AND RESERVESRevenue Reserve 1,718,762 1,526,432 2,140,314 2,038,649Capital Grant Reserve 13 133,873 118,892 208,178 198,289The notes 1 to 20 form part of these accounts1,852,635 1,645,324 2,348,492 2,236,938Liam Ó MaolmhichílCHAIRPERSONFerdie Mac an FhailighCHIEF EXECUTIVE15