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Notes to the Accounts 2

Issue date
TRADES UNION CONGRESS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 1996 (CONTINUED)

7 TAXATION
This represents tax due on investment income and rents receivable.
8 FIXED ASSETS
Leasehold Property Furniture & Fittings Equipment Motor Vehicle Total
£ £ £ £ £
COST
1 January 1996 2,568,526 608,598 972,734 20,990 4,170,848
Additions - 80,706 209,768 - 290,474
Disposals (Note 1c) - (33,256 ) (47,201 ) - (80,457 )
At 31 December 1996 £2,568,526 £656,048 £1,135,301 £20,990 £4,380,865
DEPRECIATION
1 January 1996 287,674 228,112 405,120 15,744 936,650
Charged 20,548 66,752 228,374 5,246 320,920
On Disposals (Note 1c) - (33,256 ) (47,201 ) - (80,457 )
At 31 December 1996 £308,222 £261,608 £586,293 £20,990 £1,177,113
BOOK VALUE
31 December 1996 £2,260,304 £394,440 £549,008 £ - £3,203,752
BOOK VALUE
31 December 1995 £2,280,852 £380,486 £567,614 £5,246 £3,234,198
OTHER
The Trades Union Congress holds the freehold of Congress House/Bainbridge House, Great Russell Street, London, WC1. This property has a nil book value, as the cost was met from a fund raised especially for that purpose.