| FORTHK YEA | RENDED 31DECEM | BER2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Income | |||||
| Income | 221,181 | 156,672 | |||
| Cost ofsales | |||||
| Opening stock | 4,178 | 7,405 | |||
| Purchases | 38,913 | 26,489 | |||
| Sub contractors | 10,000 | 31,969 | |||
| 53,091 | 65,863 | ||||
| Closing stock | (7,162} | (4,178) | |||
| 45,929 | 61,685 | ||||
| GROSSPROFIT | 175,252 | 94,987 | |||
| Other income | |||||
| Government | grants | 42,052 | 33,074 | ||
| 217,304 | 128,061 | ||||
| Expenditure | |||||
| Pensions | 4,163 | 3,270 | |||
| Hire ofequipment | 538 | 692 | |||
| Rent k Rates | 19,495 | 8,752 | |||
| Insurance | 8,245 | 7,748 | |||
| Light and heat | 22,139 | 6,572 | |||
| Stocktaker | 600 | ||||
| Depreciation | oftangible fixed assets | 20,905 | 10,120 | ||
| Wages | 93,457 | 50,798 | |||
| Telephone Printing, Postage, Stationery k Advertising |
5,192 769 |
4,779 763 |
|||
| Subscriptions | 42 | ||||
| TraUlmg | 20 | ||||
| Repairs and renewals | 25,119 | 14,229 | |||
| Licences | 1,376 | 941 | |||
| Laundry and |
cleaning | 799 | 3,543 | ||
| Sundry expenses | 79 | ||||
| Accountancy | 3,593 | 2,650 | |||
| Computer Consumables |
68 | ||||
| Legal fees | 2,200 | ||||
| 206,520 | 117,136 | ||||
| 10,784 | 10,925 | ||||
| Finance costs | |||||
| Bank charges | 1,643 | 1,011 | |||
| Hire purchase | interest | 436 | |||
| 2,079 | 1,011 | ||||
| MT PROFIT | 8,705 | 9,914 |
| 31DE | CEMBER2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 879,232 | 851,852 | |||
| CURRENT ASSETS | |||||
| Stocks | 7,162 | 4,178 | |||
| Other debtors | 10,737 | ||||
| Prepayments | 742 | 17,079 | |||
| Bank account | 52,896 | 44,953 | |||
| Cash in hand | 3,148 | 3,324 | |||
| 74,685 | 69,534 | ||||
| CURRENT LIABILITIES | |||||
| VAT | 816 | 266 | |||
| Trade creditors | 7,020 | (1,684) | |||
| Social security and other taxes | 742 | 315 | |||
| Hire purchase | 5,200 | ||||
| 13,778 | (1,103) | ||||
| 60,907 | |||||
| NKT ASSETS | 940,139 | 922,489 | |||
| FINANCED BY | |||||
| LONG TERM LIABILITIES | |||||
| Loans | 8,150 | 17,405 | |||
| Hire purchase | 18,200 | ||||
| 26,350 | 17,405 | ||||
| FUNDS | |||||
| Capital account | 895,170 | 895,170 | |||
| Cumnt account | 18,619 | 9,914 | |||
| 940,139 | 922,489 |
| Included in the capital account is t | he following restric |
|---|---|
| Grants from sports councils | -Ã2,920 |
| Grants from foundation ofsports athletics - f40,000 | |
| Lottery fund | -Q6,512 |
| Footscray RUFC | -f10,737 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Fixtures | ||||
| Freehold | Plant and | Blld | ||
| property | machinery | fttltngs | Totals | |
| COST | ||||
| At 1January 2021 | 760,772 | 191,122 | 951,894 | |
| Additions | 47,910 | 375 | 48,285 | |
| At 31December 2021 | 760,772 | 239,032 | 375 | 1,000,179 |
| DEPRECIATION | ||||
| At 1January 2021 | 100,042 | 100,042 | ||
| Charge foryear | 20,849 | 56 | 20,905 | |
| At 31December 2021 | 120,891 | 120,947 | ||
| NET BOOKVALUE | ||||
| At 31December 2021 | 760,772 | 118,141 | 319 | 879,232 |
| At 31December 2020 | 760,772 | 91,080 | 851,852 | |
| CAPITAL ACCOUNT AND CURRENT ACCOUNT | ||||
| 2021 | 2020 | |||
| Capital account | 895,170 | 895,170 | ||
| Current account | ||||
| Brought forward | 9,914 | |||
| Add | ||||
| Net profit | 8,705 | 9,914 | ||
| 18,619 | 9,914 | |||
| 913,789 | 905,084 |