## **Community Association of Portslade (South)** 

## **Financial Statements** 

**Period Ended 31[st] December 2020** 

**Tracy Angus** 

**85 Downland Court** 

**Stonery Road** 

**Mileoak Brighton BN41 2PS** 



# **Community Association of Portslade (South)** 

# **Financial Statements** 

**Period Ended 31[st] December 2020** 

## **Contents** 

**1. Trading Profit and Loss** 

# **2. Notes to financial Statements 3. Accountants Report.** 



## **Community Association of Portslade (South)** 

## _1st January 2020 -31st December 2020_ 

## Profit & Loss 

## **Turnover** 

|Nursery<br>23,800.00<br>£<br>Denizli<br>1,061.50<br>£<br>Slimming World<br>396.00<br>£<br>Hippy Kids<br>342.00<br>£<br>Canine Soul<br>495.00<br>£<br>Margaret Isobel<br>736.00<br>£<br>General Bookings<br>9,196.49<br>£<br>**Gross Profit**<br>**Overheads**<br>Wages And Salaries<br>19,663.57<br>£<br>Cleaning<br>2,066.00<br>£<br>Light and Heat<br>9,443.28<br>£<br>Telephone/IT<br>521.10<br>£<br>Consumables (cleaning products etc)<br>1,100.84<br>£<br>Insurance<br>2,479.56<br>£<br>Accountant<br>100.00<br>£<br>Maintenance<br>18,892.74<br>£<br>Rates<br>686.08<br>£<br>Misc<br>120.52<br>£<br>**Net Loss/Profit**|36,026.99<br>£<br>55,073.69<br>£|
|---|---|
||**19,046.70**<br>**-£**|





## **Community Association of Portslade (South)** 

**Report of the Accountant** 

**For the year ended 31[st] December 2020** 

**In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you in fulfilling your statutory responsibilities, from the accounting records and explanations supplied by yourselves.** 

**Tracy Angus** 

**85 Downland Court** 

**Stonery Road** 

**Mileoak** 

**Brighton** 

**BN41 2PS** 



comrnurwty A39ociation fo Portslad& Isouthl
Flnanckl Report 2020
2020 as been a drffjcutt year. We mada a los$ 01 £19046.'70. malnty In th¥ lattgr part ol th& ￿ar
attendino thè Nursery. Wa agrned not to chavge the Nurs8ry until th8y wèré able to obtan
guth"cient funds.
It was dIffic￿t lo furlough tho staff and wh8rn allow￿ to work Irom homo. We used thg
¢1058down to cary out cl83nir4J and rwrs ready lor Twenlng full Covid rggul3trDns In
place.
In additlon th8 KrA)f Wds tslwbk¥tl ¢￿￿ trsiwitidl T¥ViSi1S (Arr1￿ gut. A lull fire safety ins￿0
plumbing was a150 examined and repairs. or replacernents, made. T￿ ov8raYI maintenancè costs
for 2(Y20 w*re t18892".74
Incom• wa5 e36026'.99 and Exp￿ditur￿ £55073..69.
Patrick GtnneltyTr•asurnr