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7. TANGIBLE FIXED ASSETS Cost At 1 April 2010 and 31 March 2011 Depreciation At 1 April 2010 and 31 March 2011


Net book value At 31 March 2011


At 31 March 2010 13,834 13,834


Office


equipment £


- -


8. DEBTORS


Corporation tax recoverable Other debtors


Deferred tax asset (see note 10) Prepayments and accrued income


2011 69,413 149,726 462,843 67,500 749,482


2010 ££


705,000 149,428


534,584 1,141 1,390,153 Included within other debtors is an amount of £104,975 (2010: £104,975) due after more than one year (see note 17).


9. CREDITORS: Amounts falling due within one year


Social security and other taxes Other creditors Accruals and deferred income


2011 2,432 1,201,155 19,451


2010 ££ 2,619 1,650,085 38,013 1,223,038 1,690,717


Annual Report 2010-2011 15


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