The balance sheet shows a snapshot of the company’s assets, liabilities and issued capital (or shares) for the accounting period show.
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Date of Accounts |
End date covering the filed set of accounts. |
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Number of weeks |
The number of weeks covered by the accounts. |
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Currency |
The ISO currency the accounts where filed in (GBP = Great Britain Pounds) |
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Total non-current assets |
Non-current assets are also known as long-term assets and describe assets which cannot easily be converted in to cash. These assets can include office equipment, furniture, computers, motor vehicles, plant and machinery, buildings and land etc. |
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Total current assets |
Current asserts are any asset that can easily be converted in to cash. These assets can include, cash, accounts receivable (money owed to you by your customers), stock etc. |
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Total gross assets |
This is the combination of both non-current assets and current assets. E.g. Total gross assets = Total non-current assets + Total current assets |
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Total current liabilities |
This shows all the monies that the company owes to its suppliers |
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