annual report and accounts 2002-03

Schedule 3

	Note	31 March 2003		Restated (Note 26) 31 March 2002
		£000	£000	£000	£000
Fixed Assets
Intangible assets	7	19,437,608		19,527,222
Tangible fixed assets	8	66,444,536		68,140,835
Investments	9	429,678		671,046
			86,311,822		88,339,103
Current Assets
Stocks and work-in-progress	11	5,337,125		6,396,304
Debtors	12	2,201,652		1,257,241
Cash at bank and in hand	13	415,928		631,681
		7,954,705		8,285,226
Creditors: amounts falling due within one year	14	5,383,850		4,662,209
Net current assets			2,570,855		3,623,017

Total assets less current liabilities
Creditors: amounts falling due after more than one year	15	450,333		448,381
Provisions for liabilities and charges	16	6,994,227		5,112,417
			7,444,560		5,560,798
Net assets			81,438,117		86,401,322

Taxpayers’ equity
General fund	17		65,445,156		74,504,706
Revaluation reserve	18		14,181,634		10,549,019
Donated assets reserve	18		1,811,327		1,347,597
			81,438,117		86,401,322

Kevin Tebbit

Accounting Officer
22 October 2003

The notes on pages 97 to 141 form part of these financial statements.

Last Updated: 2 Dec 03