Consolidated Statement of Cash Flow
For the year ended 31 July 2025.
|
Note |
Consolidated 2024/25 £000 |
Consolidated 2023/24 £000 |
|
| Cash inflow from operating activities | |||
| Surplus / (deficit) for the year | (3,217) | 3,125 | |
| Adjustments for non-cash items | |||
| Depreciation, amortisation | 11, 12 | 6,244 | 5,805 |
| Deferred capital grants released | (649) | (649) | |
| Pension costs less contributions payable | (59) | (198) | |
| (Increase) / decrease in operating debtors | (596) | (167) | |
| Increase / (decrease) in operating creditors | 128 | 465 | |
| Increase / (decrease) in pension provision | (142) | (1,963) | |
| SFC Recovery Provision | 2,028 | - | |
| (Gain)/loss on sale of fixed assets | 1 | - | |
| Other operating movements | 5 | 1 | |
| Adjustments for investing or financing activities | |||
| Investment income and interest receivable | 5 | (1,991) | (2,132) |
| Interest payable | 8 | 627 | 689 |
| Investment in joint venture | 13 | 59 | 34 |
| Net cash inflow / (outflow) from operating | 2,439 | 5,009 | |
| Cash flows from investing activities | |||
| Investment income | 5 | 774 | 924 |
| Payments made to acquire fixed assets | 11, 12 | (2,666) | (3,103) |
| Disposal of fixed assets | 12 | 4 | - |
| Net cash inflow / (outflow) from investing activities | (1,889) | (2,179) | |
| Cash flows from financing activities | |||
| Interest paid | 8 | (600) | (689) |
| Repayments of amounts borrowed | 20 | (16,499) | (1,500) |
| New unsecured loans in year | 20 | 2,500 | 521 |
| Net cash inflow / (outflow) from financing activities | (14,598) | (1,668) | |
| Increase / (decrease) in cash and cash equivalents in the year | (14,048) | 1,163 | |
| Cash and cash equivalents at beginning of the year | 18,613 | 17,450 | |
| Cash and cash equivalents at end of the year | 4,565 | 18,613 | |
| (14,048) | 1,163 |
