Consolidated Statement of Cash Flow

For the year ended 31 July 2024.

**Consolidated Statement of Cash Flow**
	Note	Consolidated 2023/24 £000	Consolidated 2022/23 £000
Cash inflow from operating activities
Surplus / (deficit) for the year		3,125	162

Adjustments for non-cash items
Depreciation, amortisation	11, 12	5,805	5,405
Deferred capital grants released		(649)	(649)
Pension costs less contributions payable		(198)	667
(Increase) / decrease in operating debtors		(167)	(981)
Increase / (decrease) in operating creditors		465	261
Increase / (decrease) in pension provision		(1,963)	(130)
Other operating movements		1	(0)

Adjustments for investing or financing activities
Investment income and interest receivable	5	(2,132)	(998)
Interest payable	8	689	746
Investment in joint venture	13	34	-
(Gain) / loss on the sale of tangible assets		-	-
Net cash inflow / (outflow) from operating activities		5,009	4,481

Cash flows from investing activities
Investment income	5	924	586
Payments made to acquire fixed assets	11, 12	(3,103)	(609)
Net cash inflow / (outflow) from investing activities		(2,179)	(23)

Cash flows from financing activities
Interest paid	8	(689)	(746)
Repayments of amounts borrowed	20	(1,500)	(1,506)
New unsecured loans in the year	20	521	-
Net cash inflow / (outflow) from financing activities		(1,668)	(2,252)

Increase / (decrease) in cash and cash equivalents in the year		1,163	2,206

Cash and cash equivalents at beginning of the year		17,450	15,244
Cash and cash equivalents at end of the year		18,613	17,450
		1,163	2,206