Balance Sheet as at 31 December 2018
Company No. 2570030 Total Funds Total Funds
2018 2017
Note £ £ £ £
Fixed assets
Tangible assets 13 120,913 109,
Investments 14 1,120,284 1,177,
Total fixed assets 1,241,197 1,287,
Current assets
Stocks 15 73,365 79,
Debtors 16 331,136 290,
Cash at bank and in hand 824,437 528,
Total current assets 1,228,938 897,
Liabilities:
Creditors: amounts falling
due within one year 17 (366,854) (358,271)
Net current assets 862,084 539,
Total net assets or liabilities 2,103,281 1,826,
The funds of the charity:
Unrestricted funds:
Designated funds 18 1,129,116 1,186,
General funds 974,165 640,
Total charity funds 2,103,281 1,826,
These financial statements have been prepared in accordance with the special
provisions for small companies under Part 15 of the Companies Act 2006.
Approved by the board of trustees on 11 April 2019 and signed on their behalf by:
Mr P B Hinchliffe, Trustee Mr George Lang, Trustee
The Notes to the Accounts, which form part of these financial statements, may be
viewed online at http://www.nautinst.org
Financial Statement
14 | Seaways | May 2019 Read Seaways online at http://www.nautinst.org/seaways
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