Page 64 - Annual Review 2015-2016
P. 64
Notes to the Financial Statements
Year ended 30 April 2016
Group Group LLP LLP
15. CREDITORS: AMOUNTS FALLING DUE GREATER THAN ONE YEAR 2016 2015 2016 2015
£’000 £’000 £’000 £’000
Bank loans 40,324 975 40,324 975
Net obligations under finance leases and hire purchase obligations 139 - 139 -
Accruals and deferred income 10,342 5,118 10,342 5,118
50,805 6,093 50,805 6,093
Group Group LLP LLP
16. BORROWINGS ARE REPAYABLE AS FOLLOWS 2016 2015 2016 2015
£’000 £’000 £’000 £’000
Bank loans
Between one and two years - 682 - 682
Between two and five years 40,324 293 40,324 293
40,324 975 40,324 975
Overdraft due within one year - 10,775 - 10,775
On demand or within one year 433 21,289 433 21,289
Total bank loans 40,757 33,039 40,757 33,039
Finance leases
Between one and two years 139 - 139 -
On demand or within one year 463 43 463 43
Total finance lease 602 43 602 43
Total borrowings including finance leases
Between one and two years 139 682 139 682
Between two and five years 40,324 293 40,324 293
40,463 975 40,463 975
On demand or within one year 896 32,107 896 32,107
Total borrowings including finance leases 41,359 33,082 41,359 33,082
The bank loans of DWF LLP are unsecured. The finance leases are secured over certain tangible fixed assets and attract
interest at various rates.
