|
|
| Tangible fixed assets | The sum of Fixed Assets and Intermediate Assets. |
| Intangible assets | Assets which do not possess any material value. Will include goodwill, trademarks, patents and copyrights, at their amortised book value. These are assets with no "physical" existence, but are deemed to confer benefits to the company in future periods. |
| Total fixed assets | The total of tangible and intangible fixed assets |
| Stocks | Trading stocks, sundry stocks and work in progress net of progress payments. |
| Trade debtors | Trade Debtors, bills receivable and amounts recoverable on contracts due within one year. For smaller companies, when the figure is not disclosed the figure will represent total debtors |
| Cash | Cash includes the following: Cash in hand; Cash at bank; Cash at bank and in hand; Cash balances; |
| Miscellaneous current assets | Short term assets other than stocks, trade debtors or cash. Includes items such as: Bank balances; Bank account (where not negative); Bank deposit account; Building society deposit; Short term deposits; Bank current account, Sundry debtors; Amounts due from group and related companies; Called up share capital not paid; Prepayments and Accrued income; Current asset investments (where these are not short term deposits). |
| Total current assets | The sum of Stocks, Trade Debtors, Cash and Miscellaneous Current Assets. |
| Total assets | The total of Current and Total Fixed Assets. |
| Creditors: Amounts falling due within one year | Also referred to as Total Current Liabilities, being the sum of Trade Creditors, Bank Overdraft and Miscellaneous Current Liabilities. |
| Total Assets less Current Liabilities | Total Assets minus Total Current Liabilities |
| Total Long Term Liabilities | The sum of Long Term Bank Loans. Other Long Term Finance and Other Long Term Liabilities. |
| Total Liabilities | The sum of Current and Long Term Liabilities. |
| Share capital and reserves | The sum of Called Up Share Capital and Sundry Reserves. |
| P&L Account Reserve | The accumulation of profits/losses from previous trading periods including the retained profit/loss from the Profit and Loss Account. |
| Revaluation Reserve | Also known as investment revaluation reserve, property revaluation reserve, and unrealised capital gains on valuation. |
| Shareholders' Funds | The sum of Called Up Share Capital, Sundry Reserves, P&L Account Reserve and Revaluation Reserve. |
| Capital Employed | The sum of Shareholders' Funds and Total Long Term Liabilities. |
| Net worth | Shareholders' funds minus intangibles. Often referred to as the book value of the company. The long-term realisable value after all liabilities are cleared. |
| Working capital | Obtained by subtracting total current liabilities from the total current assets. This represents the surplus I deficiency of funds from normal trading activities. |
| Contingent Liabilities | These items are extracted from the notes to the accounts and includes all "potential" liabilities such as: guarantees, indemnities, cross guarantees, HM customs and excise, letters of credit and VAT registration. |