CTPA Annual Report 2014 - page 44

10. Debtors
2014
2013
£
£
Other debtors
209,021
169,845
Prepayments and accrued income
76,139
103,818
285,160
273,663
11. Creditors: amounts falling due within one year
2014
2013
£
£
Trade creditors
42,267
75,472
Corporation tax
1,042
1,017
Deferred income (subscriptions)
641,449
610,391
Accruals
15,035
15,945
Other taxes and social security
314,037
262,010
1,013,830
964,835
12. Forward exchange contract
CTPA has entered into a forward contract for settlement on 8 April 2015
to purchase
243,000 at a rate of
1.214 : £1 as a hedge relating to
the payment of the 2015 subscription to Cosmetics Europe.
13. Financial commitments
The annual commitments under non-cancellable operating leases were as follows:
2014
2013
2014
2013
£
£
£
£
Lease expiring:
In less than one year
-
37,500
-
-
In one to two years
100,000
-
6,142
-
In two to five years
-
-
-
6,142
The current lease on Josaron House expires on 23 June 2016 (annual rent £100,000).
   
Land and buildings
Office equipment
12
Directors’ Report and Financial Statements
44
1...,34,35,36,37,38,39,40,41,42,43 45,46,47,48
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