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. |
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