St Elizabeths Centre Annual Report End Dec 2022 FINAL - Flipbook - Page 43
Statement
of31 cash
flows
Statement of cash flows
December 2022
DRAFT
Notes
2022
£’000
2021
£’000
A
(2,852)
418
Cash flows from investing activities
Interest received
Purchase of tangible fixed assets
38
(621)
13
(690)
Net cash (used in) investing activities
(583)
(677)
(3,435)
(259)
Cash flows from operating activities
Net cash (used in) provided by operating activities
Decrease in cash
B
Notes to the statement of cash flows for the period to 31 December 2022
A
B
Adjustment of net (expenditure) income before transfers to net cash inflow from
operating activities
2022
£’000
2021
£’000
Net (expenditure) income before transfers
(6,189)
203
Depreciation charge
Impairment charge
Interest receivable
(Increase) in debtors
(Decrease) increase in creditors
Net cash (used in) provided by operating activities
1,046
2,939
(38)
(243)
(367)
(2,852)
1,061
Analysis of changes in net debt
At
1 January
2021
£’000
Cash at bank and in hand
Short term deposits
Total
3,725
3,357
7,082
Cash
flows
£’000
(2,712)
(723)
(3,435)
—
(13)
(898)
65
418
At
31 December
2022
£’000
1,013
2,634
3,647
St Elizabeth’s Centre does not have any borrowings or lease obligations. Net debt consists
therefore of the cash at bank and in hand.
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