108908_BIFA_Annual_Report_2022_WEB_single_pages

Notes to the Financial Statements ...continued For the year ended 31 December 2021

5. Fixed Asset Investments

2021 £

2020 £

Shares in group undertakings and participating interests

2

2

Fixed asset investments not carried at market value The investment in the dormant subsidiary company, the Institute of Freight Forwarders, is valued at cost.

6. Debtors

2021 £

2020 £

Amounts falling due within one year: Trade Debtors

127,940 122,086 250,026

159,382 99,908 259,290

Other debtors

7. Creditors

2021 £

2020 £

Amounts falling due within one year: Trade creditors

123,368 148,042

115,812 119,685 84,462 297,579 617,538

Corporation tax

Other taxation and social security

54,391

Other creditors

220,094 545,895

16

BIFA Annual Report & Accounts 2021 | bifa.org

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