The North / South Language Body Annual Report & Accounts 2009

ULSTER-SCOTS AGENCYBALANCE SHEET AS AT31 DECEMBER 2009FIXED ASSETS1.0499Notes 2009 2009 2008 2008STG £ € STG £ €Tangible Assets 8 112,853 127,072 116,740 122,562CURRENT ASSETSDebtors due within one year 9 70,644 79,545 182,867 191,986Cash at Bank and on hand 13.2 212,746 239,552 20,608 21,636283,390 319,097 203,475 213,622CREDITORSAmounts falling due within one year 10 (302,582) (340,708) (393,600) (413,228)Net Current Assets / (Liabilities) (19,192) (21.611) (190,125) (199,606)TOTAL ASSETS LESS CURRANT LIABILITIESBEFORE PENSIONS 93,661 105,461 (73,385) (77,044)Pension Liabilities 15b (939,000) (1,057,314) (625,000) (656,188)Deferred Pension Funding 15b 939,000 1,057,314 625,000 656,188TOTAL ASSETS LESS CURRENT LIABILITIES 93,661 105,461 (73,385) (77,044)CAPITIAL AND RESERVESRevenue Reserve 11 (19,192) (21,611) (190,125) (199,606)Capital Grant Reserve 12 112,853 127,072 116,740 122,56293,661 105,461 (73,385) (77,044)The notes numbered 1 - 18 form part of these financial statements.Tom Scott 7/11/2012Chairperson – Ulster-Scots AgencyDateIan Crozier 7/11/2012Chief Executive – Ulster-Scots AgencyDate42