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Consolidated statement of cash flows

CONSOLIDATED STATEMENT OF CASH FLOWS

For the Year Ended 31 July 2017

For the Year Ended 31 July 2017

Notes

2019/20

2018/19

Ìý Ìý £000 £000

Cash inflow from operating activities

Ìý Ìý Ìý

(Deficit) / surplus for the year

Ìý

(773)

(1,827)

Adjustments for non-cash items

Ìý Ìý Ìý

Depreciation

12

4,950

4,787

Deferred capital grants released

16

(468)

(528)

Pension costs less contributions payable

Ìý

1,455

1,135

(Increase) /decrease in operating debtors

Ìý

(1,323)

59

Increase / (decrease) in operating creditors

Ìý

(526)

(1,373)

Increase / (decrease) in pension provision

Ìý

(164)

(125)

Adjustments for investing or financing activities

Ìý Ìý Ìý

Investment income and interest receivable

Ìý

(13)

(47)

Interest payable

Ìý

1,385

1,215

Net cash inflow / (outflow) from operating activities

Ìý

4,523

3,296

Cash flows from investing activities Ìý Ìý Ìý

Proceeds from sale of endowment assets

Ìý 176 64

Investment income

Ìý 17 28

Payments made to acquire fixed assets

Ìý

(1,393)

(1,834)

Payments made to acquire endowment assets

Ìý

(30)

(55)

Ìý

Ìý

(1,230)

(1,797)

Cash flows from financing activities

Ìý Ìý Ìý

Interest paid

Ìý

(1,385)

(1,215)

Repayments of amounts borrowed

Ìý

(1,492)

(1,492)

Ìý

Ìý

(2,877)

(2,707)

Increase / (decrease) in cash and cash equivalents in theÌýyear

Ìý

690

2

Cash and cash equivalents at beginning of the year

Ìý

7,936

9,144

Cash and cash equivalents at end of the year

Ìý

8,352

7,936

Ìý

Ìý

416

(1,208)

Ìý