The North / South Language Body Annual Report & Accounts 2009

The currency translation adjustment is the difference between the net book value of fixed assets calculated using year-endexchange rates and their net book value stated at historic rates of exchange.9. DEBTORS (amounts due within one year)2009 2009 2008 2008STG £ € STG £ €Debtors 50,322 56,662 163,749 171,915Prepayments 20,322 22,883 19,118 20,07170,644 79,545 182,867 191,98610. CREDITORS (amounts falling due within one year)2009 2009 2008 2008STG £ € STG £ €Grants Payable to External Bodies 139,072 156,595 148,419 155,821PAYE/NI 10,269 11,563 0 0AccrualsTrade Creditors111,79241,449125,87846,672245,1810257,4070302,582 340,708 393,600 413,22811. GENERAL RESERVE 2009 2009 2008 2008STG £ € STG £ €Balance at 1 January (190,125) (199,606) (409,238) (552,061)Currency Translation Adjustment (13,879) 77,290Surplus/(Deficit) for the year 170,933 191,874 219,113 275,165Balance at 31 December (19,192) (21,611) (190,125) (190,606)12. CAPITAL GRANT RESERVE 2009 2009 2008 2008STG £ € STG £ €Balance at 1 January 116,740 122,562 23,459 31,646Capital Funding Receivable 15,365 17,247 122,357 153,657Less amount released to I&E (19,252) (21,610) (29,076) (36,514)112,853 118,199 116,740 148,789Currency Translation Adjustment 8,873 (26,227)At 31 December 112,853 127,072 116,740 122,56250