NEW LODGE PLAY GROUP UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2020
NEW LODGE PLAY GROUP UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Business information | 3 |
| Approval of the accounts | 4 |
| Accountants' report | 5 |
| Profit and loss account | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 |
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NEW LODGE PLAY GROUP BUSINESS INFORMATION
Partnership
Trading address
Accountants
New Lodge Play Group New Lodge Play Group New Lodge Wigan Lancashire WN1 2ND New Lodge Play Group New Lodge Wigan Lancashire WN1 2ND P A Hull & Co 30 Bolton Road Aspull Wigan Lancashire WN2 1YY
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NEW LODGE PLAY GROUP APPROVAL OF THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2020
We approve these accounts, comprising the Profit and Loss account, the Balance Sheet and the related notes. We confirm that we have made available all relevant records and information.
New Lodge Play Group
..................................................................................................................
12 May 2021
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CHARTERED ACCOUNTANTS' REPORT ON THE UNAUDITED ACCOUNTS OF NEW LODGE PLAY GROUP FOR THE YEAR ENDED 31 JULY 2020
In accordance with the engagement letter, we have prepared for your approval the accounts of New Lodge Play Group for the year ended 31 July 2020 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the entity's accounting record and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with the guidance of ICAEW as detailed at icaew.com/compilation.
P A Hull & Co Chartered Accountants
30 Bolton Road Aspull Wigan Lancashire WN2 1YY
12 May 2021
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NEW LODGE PLAY GROUP PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 JULY 2020
| Turnover Expenses Employee costs Premises costs General administrative expenses Other finance charges Depreciation and loss/profit on sale Other expenses including partnership charges Loss Allocation of profits Mrs Dawn Hornby |
2020 £ 67,201 60,939 11,501 4,048 - 219 139 76,846 (9,645) £ (9,645) (9,645) |
2019 £ 63,711 52,516 13,295 6,454 292 - 863 |
|---|---|---|
| 73,420 | ||
| (9,709) | ||
| 100% 100% |
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NEW LODGE PLAY GROUP BALANCE SHEET AS AT 31 JULY 2020
| Notes Fixed assets Plant, machinery and motor vehicles 2 Current assets Bank/building society balances Cash in hand Current liabilities Other liabilities Net current assets Net business assets Capital accounts Balance at start of period Net loss 3 |
41,982 10 41,992 319 |
2020 £ 1,492 41,673 43,165 52,810 (9,645) 43,165 |
50,692 407 51,099 - |
2019 £ 1,711 |
|---|---|---|---|---|
| 51,099 | ||||
| 52,810 | ||||
| 62,519 (9,709) |
||||
| 52,810 |
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NEW LODGE PLAY GROUP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2020
1 Accounting policies
Accounting basis
The accounts have been prepared under the historical cost convention and in accordance with UK Generally Accepted Accounting Practice.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
| 2 Plant, machinery and motor vehicles Cost At 1 August 2019 At 31 July 2020 Depreciation At 1 August 2019 Charge for the year At 31 July 2020 Net book value At 31 July 2020 At 31 July 2019 3 Capital accounts Mrs Dawn Hornby |
At 01/08/2019 £ 52,810 52,810 |
Profit £ (9,645) (9,645) |
Plant & machinery £ 250 250 136 28 164 86 114 Capital introduced £ - - |
Fixtures & fittings £ 2,244 2,244 647 191 838 1,406 1,597 Drawings £ - - |
Total £ 2,494 |
|---|---|---|---|---|---|
| 2,494 | |||||
| 783 219 |
|||||
| 1,002 | |||||
| 1,492 | |||||
| 1,711 | |||||
| At 31/07/2020 £ 43,165 |
|||||
| 43,165 |
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