Unaudited Financial Statements for the Year Ended 31 December 2022
for
FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |
|---|---|
| General Information | 1 |
| Accountants' Report and Client Approval Certificate | 2 |
| Trading and Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
General Information FOR THE YEAR ENDED 31 DECEMBER 2022
PROPRIETOR: Footscray Rugby Sports & Athletic Club ADDRESS: 239a-241 Footscray Road London SE9 2EL ACCOUNTANTS: Riddingtons Ltd The Old Barn off Wood Street Swanley Village Kent BR8 7PA
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Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2022
Accountants' Report to
FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Footscray Rugby Sports & Athletic Club and from information and explanations supplied to us.
Riddingtons Ltd The Old Barn off Wood Street Swanley Village Kent BR8 7PA
Date: .............................................
Client Approval Certificate
We approve the financial statements and confirm that we have made available all relevant records and information for their preparation.
........................................................................ Footscray Rugby Sports & Athletic Club
29 June 2023 Date: .............................................
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FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
Trading and Profit and Loss Account FOR THE YEAR ENDED 31 DECEMBER 2022
| Income Income Cost of sales Opening stock Purchases Sub contractors Closing stock GROSS PROFIT Other income Government grants Deposit account interest Expenditure Pensions Hire of equipment Rent & Rates Insurance Light and heat Stocktaker Depreciation of tangible fixed assets Wages Telephone Printing, Postage, Stationery & Advertising Subscriptions Training Repairs and renewals Licences Laundry and cleaning Entertainment Sundry expenses Accountancy Computer Consumables Finance costs Bank charges Hire purchase interest NET (LOSS)/PROFIT |
2022 £ 7,162 56,615 - 63,777 (6,900) 46,226 12 5,334 1,395 18,493 9,461 11,554 1,050 17,841 138,907 3,460 1,373 43 283 63,879 1,562 1,942 3,587 274 2,617 175 2,511 692 |
£ 280,922 56,877 224,045 46,238 270,283 283,230 (12,947) 3,203 (16,150) |
2021 £ 4,178 38,913 10,000 53,091 (7,162) 42,052 - 4,163 538 19,495 8,245 22,139 600 20,905 93,457 5,192 769 42 20 25,119 1,376 799 - - 3,593 68 1,643 436 |
£ 221,181 45,929 175,252 42,052 217,304 206,520 10,784 2,079 8,705 |
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FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
Balance Sheet 31 DECEMBER 2022
| Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Stocks Other debtors Prepayments Bank account Cash in hand CURRENT LIABILITIES VAT Trade creditors Social security and other taxes Hire purchase NET ASSETS FINANCED BY LONG TERM LIABILITIES Loans Hire purchase FUNDS Capital account 3 Current account 3 |
2022 £ 6,900 - 793 46,110 1,872 55,675 2,655 1,989 2,493 5,200 12,337 16,039 13,000 |
£ 861,866 43,338 905,204 29,039 873,696 2,469 905,204 |
2021 £ 7,162 10,737 742 52,896 3,148 74,685 816 7,020 742 5,200 13,778 8,150 18,200 |
£ 879,232 60,907 940,139 26,350 895,170 18,619 940,139 |
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FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB
Notes to the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2022
1. RESTRICTED FUNDS
Included in the capital account is the following restricted funds -
Grants from sports councils - £656,920 Grants from foundation of sports athletics - £52,500 Lottery fund - £46,512 Footscray RUFC - £29,726
2. TANGIBLE FIXED ASSETS
| Freehold property £ COST At 1 January 2022 760,772 Additions - At 31 December 2022 760,772 DEPRECIATION At 1 January 2022 - Charge for year - At 31 December 2022 - NET BOOK VALUE At 31 December 2022 760,772 At 31 December 2021 760,772 3. CAPITAL ACCOUNT AND CURRENT ACCOUNT 2022 £ Capital account Current account Brought forward 18,619 Add Net profit - 18,619 Less Net loss 16,150 |
Plant and machinery £ 239,032 475 239,507 120,891 17,793 138,684 100,823 118,141 £ 873,696 2,469 876,165 |
Fixtures and fittings £ 375 - 375 56 48 104 271 319 2021 £ 9,914 8,705 18,619 - |
Totals £ 1,000,179 475 1,000,654 120,947 17,841 138,788 861,866 879,232 £ 895,170 18,619 913,789 |
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