34 / FINANCIAL STATEMENT
Income and expenditure account for the year ended 30 June 2007
2007 2006
£ £
INCOME
Members subscriptions receivable 1,627,426 1,585,445
Income from activities 3,636,992 3,742,041
Readership research 2,152,589 1,719,827
Interest receivable 35,489 29,040
EXPENDITURE
Member services and promotional activities 2,321,679 2,558,405
Readership research 2,082,589 1,649,827
Alliances 97,706 84,783
Staff costs 2,136,371 2,031,721
Accommodation costs 341,935 316,200
General administration expenses 327,240 329,029
Travelling and entertaining expenses 71,350 62,959
SURPLUS/(DEFICIT) BEFORE TAXATION 73,626 43,429
Taxation (17,074) (8,366)
RETAINED SURPLUS/(DEFICIT) 56,552 35,063
Retained surplus brought forward 270,534 235,471
RETAINED SURPLUS 327,086 270,534
Balance Sheet as at 30 June 2007
2007 2006
£
FIXED ASSETS
Tangible assets 80,943 54,253
CURRENT ASSETS
Debtors 819,186 1,599,493
Cash at bank and in hand 2,208,203 1,331,920
CREDITORS:
amounts falling due within one year (2,781,246) (2,715,132)
NET CURRENT ASSETS 246,143 216,281
TOTAL ASSETS LESS CURRENT LIABILITIES 327,086 270,534
RESERVES
Retained surplus 327,086 270,534
7,452,496 7,076,353
7,378,870 7,032,924
3,027,389 2,931,413
PPA Annual Review 2007-08
To view a Ceros magazine you need to have JavaScript enabled in your browser and have the flash player 8 or higher installed. To install the latest flash player, click the icon above, install the flash plugin and then click here to refresh this page.