ST. JOHN'S HALL TRUSTEES COMMITTEE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
ST. JOHN'S HALL TRUSTEES COMMITTEE
CHARTERED ACCOUNTANTS' REPORT TO THE PROPRIETOR ON THE UNAUDITED ACCOUNTS OF ST. JOHN'S HALL TRUSTEES COMMITTEE
In accordance with the engagement letter dated 3 February 2021, we have prepared for your approval the financial information of St. John's Hall Trustees Committee for the year which comprise the profit and loss account, the balance sheet and the related notes from the entity’s accounting records 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 https://www.icaew.com/ membership/regulations-standards-and-guidance.
This report is made solely to you, in accordance with the terms of our engagement letter dated 3 February 2021. Our work has been undertaken solely to prepare for your approval the financial information of St. John's Hall Trustees Committee and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical release TECH08/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than you for our work or for this report.
You have approved the financial information for the year and have acknowledged your responsibility for it , for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial information.
Murray and Lamb
20 February 2021
Chartered Accountants
12 Bessemer Court Hownsgill Industrial Park Knitsley Lane Consett Co. Durham DH8 7BL
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ST. JOHN'S HALL TRUSTEES COMMITTEE
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
| Turnover Bar Income Events, Donations & Hall Hire Grants Received Cost of sales Opening stock of finished goods Bar, Catering & Event Costs Closing stock of finished goods Gross profit Administrative expenses Cleaning Refuse Electricity & Gas Heating Oil Water Property repairs and maintenance Subscriptions & Licences Accountancy Charitable donations Insurances Other office supplies Sundry expenses Depreciation (pre 2020) Depreciation Operating (loss)/profit Investment revenues Bank interest received (Loss)/profit before taxation |
£ 650 1,285 (500) 94.69% 2,061 - 2,052 1,867 203 24,574 641 1,050 - 1,041 - 300 23,447 2,427 2 126.00% |
2020 £ 639 1,227 25,168 27,034 (1,435) 25,599 (59,663) (34,064) 2 (34,062) |
£ - 5,469 - 81.36% 2,268 462 1,941 3,963 256 8,085 185 570 1,911 1,590 456 633 - - - 5.27% |
2019 £ 10,260 13,635 5,441 29,336 (5,469) 23,867 (22,320) 1,547 - 1,547 |
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ST. JOHN'S HALL TRUSTEES COMMITTEE
BALANCE SHEET
AS AT 31 DECEMBER 2020
| Notes Fixed assets Tangible assets Current assets Stocks Cash at bank Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Capital account |
2020 £ 500 20,106 20,606 (480) |
£ 11,419 20,126 31,545 31,545 |
2019 £ 650 27,664 28,314 - |
£ 37,293 28,314 65,607 65,607 |
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