Annual Report and Accounts 2020 to 2021
Contingent liabilities disclosed under IAS 37
There are contingent liabilities of £967,238 as at 31 March 2021 (£275,860, 2019-20).
The contingent liabilities figure is a combination of legal costs (£498,950) and voluntary exits (£468,288) which has been calculated under the guidance of IAS 37, based on events existing at the balance sheet date.Previous section
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Grant-in-aid (GIA) advance for revenue expenditure
Last updated: 22 July 2021
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