| FOR THE YEAR | EN | DED 31D | ECEMBER 2020 | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| E | E | ||||
| Book and DVD Sales | 4,148 | 3,643 | |||
| Less: Cost ofSales | |||||
| Opening Stock &Work in progress | 20,460 | 19,950 | |||
| Cost ofPurchasing | and publishing | books | 2,725 | ||
| 20,460 | 22,675 | ||||
| Less: Stock831.12.2020 | (19,280) | (20,460) | |||
| 1,180 | 2,215 | ||||
| Gross Profit | 2,968 | 1,428 | |||
| Donations | 35,157 | 64,527 | |||
| HMRC Gift Aid | 23,951 | ||||
| Profit on investments | with AL Rayan Bank | 1,010 | 652 | ||
| Grant Income | 10,000 | ||||
| Gross Income | 49,136 | 90,558 | |||
| ~L:E | |||||
| Insurance | 1,778 | 1,714 | |||
| Council Tax &Water rates | 150 | 900 | |||
| Telephone | 422 | 692 | |||
| Heat &Light | 2,731 | 1,421 | |||
| Bank Charges | 546 | 327 | |||
| Paypal Charges | 28 | 32 | |||
| Accountancy Fees |
650 | 650 | |||
| Postage and Stationery | 573 | 403 | |||
| Repairs and Maintenance | 30 | 610 | |||
| Service Charges | 9,990 | 15,887 | |||
| ITExpenses | 234 | 130 | |||
| ~Oi O |
|||||
| Freehold Properties | 7,849 | 7,192 | |||
| Fixtures &Fittings | 456 | ||||
| Camera &Computer | 72 | 19 | |||
| 25,052 | 30,432 | ||||
| Net Surplus for the | year | 24,083 | 60,126 |
| BALANCE SHEET | AS AT3 | 1DECEM | BER 2020 | |||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| FIXEDASSETS | ||||||
| COST | DEPR'N. | NET | NET | |||
| E | E | E | f | |||
| Freehold Property- | Coventry | Road | 62,760 | 3,765 | 58,995 | 60,250 |
| Freehold Property | 329,698 | 18,313 | 311,384 | 285,099 | ||
| Office Equipment | 12,324 | 12,324 | ||||
| Computer &Printers |
1,435 | 1,148 | 286.66 | |||
| Fixtures &Fittings | 10,621 | 10,621 | ||||
| Camera | 2,932 | 2,932 | ||||
| 419,769 | 49,104 | 370,666 | 345,349 | |||
| CURRENT ASSETS | ||||||
| Stock of Books &Videos | 19,280 | 20,460 | ||||
| Debtors | 244 | 81 | ||||
| -Barclays | 8,558 | 924 | ||||
| - Barclays Saving A/C | 5,004 | 5,000 | ||||
| - IBBCurrent A/C |
4,120 | 4,481 | ||||
| -IBBDeposit A/C | 39,636 | 51,985 | ||||
| - IBB60 Days Notice A/C | 102,234 | 101,248 | ||||
| Paypai Account | 796 | 498 | ||||
| Vat Refund | 3,388 | 693 | ||||
| 183,261 | 185,370 | |||||
| CURRENT LIABILITIES | ||||||
| Sundry Creditors &Accruals | 650 | 1,526 | ||||
| Net Current Assets | 182,611 | 183,844 | ||||
| 553,276 | 529,193 | |||||
| FINANCED BY: | ||||||
| CAPITAL ACCOUNT | ||||||
| Balance 8/fwd @01.01.20 | 529,193 | 469,067 | ||||
| Add: Net Surplus for | the year | 24,083 | 60,126 | |||
| 553,276 | 529,193 |