**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**<br>Income<br>**Cost of sales**<br>Opening stock<br>Purchases<br>Sub contractors<br>Closing stock<br>**GROSS PROFIT**<br>**Other income**<br>Government grants<br>Deposit account interest<br>**Expenditure**<br>Pensions<br>Hire of equipment<br>Rent & Rates<br>Insurance<br>Light and heat<br>Stocktaker<br>Depreciation of tangible fixed assets<br>Wages<br>Telephone<br>Printing, Postage, Stationery & Advertising<br>Subscriptions<br>Training<br>Repairs and renewals<br>Licences<br>Laundry and cleaning<br>Entertainment<br>Sundry expenses<br>Accountancy<br>Computer Consumables<br>**Finance costs**<br>Bank charges<br>Hire purchase interest<br>**NET (LOSS)/PROFIT**|2022<br>£<br>7,162<br>56,615<br>-<br>63,777<br>(6,900)<br>46,226<br>12<br>5,334<br>1,395<br>18,493<br>9,461<br>11,554<br>1,050<br>17,841<br>138,907<br>3,460<br>1,373<br>43<br>283<br>63,879<br>1,562<br>1,942<br>3,587<br>274<br>2,617<br>175<br>2,511<br>692|£<br>280,922<br>56,877<br>224,045<br>46,238<br>270,283<br>283,230<br>(12,947)<br>3,203<br>(16,150)|2021<br>£<br>4,178<br>38,913<br>10,000<br>53,091<br>(7,162)<br>42,052<br>-<br>4,163<br>538<br>19,495<br>8,245<br>22,139<br>600<br>20,905<br>93,457<br>5,192<br>769<br>42<br>20<br>25,119<br>1,376<br>799<br>-<br>-<br>3,593<br>68<br>1,643<br>436|£<br>221,181<br>45,929<br>175,252<br>42,052<br>217,304<br>206,520<br>10,784<br>2,079<br>8,705|
|---|---|---|---|---|



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## **FOOTSCRAY RUGBY SPORTS & ATHLETIC CLUB** 

## **Balance Sheet 31 DECEMBER 2022** 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>2<br>**CURRENT ASSETS**<br>Stocks<br>Other debtors<br>Prepayments<br>Bank account<br>Cash in hand<br>**CURRENT LIABILITIES**<br>VAT<br>Trade creditors<br>Social security and other taxes<br>Hire purchase<br>**NET ASSETS**<br>**FINANCED BY**<br>**LONG TERM LIABILITIES**<br>Loans<br>Hire purchase<br>**FUNDS**<br>Capital account<br>3<br>Current account<br>3|2022<br>£<br>6,900<br>-<br>793<br>46,110<br>1,872<br>55,675<br>2,655<br>1,989<br>2,493<br>5,200<br>12,337<br>16,039<br>13,000|£<br>861,866<br>43,338<br>905,204<br>29,039<br>873,696<br>2,469<br>905,204|2021<br>£<br>7,162<br>10,737<br>742<br>52,896<br>3,148<br>74,685<br>816<br>7,020<br>742<br>5,200<br>13,778<br>8,150<br>18,200|£<br>879,232<br>60,907<br>940,139<br>26,350<br>895,170<br>18,619<br>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<br>property<br>£<br>**COST**<br>At 1 January 2022<br>760,772<br>Additions<br>-<br>At 31 December 2022<br>760,772<br>**DEPRECIATION**<br>At 1 January 2022<br>-<br>Charge for year<br>-<br>At 31 December 2022<br>-<br>**NET BOOK VALUE**<br>At 31 December 2022<br>760,772<br>At 31 December 2021<br>760,772<br>3.<br>**CAPITAL ACCOUNT AND CURRENT ACCOUNT**<br>2022<br>£<br>**Capital account**<br>**Current account**<br>Brought forward<br>18,619<br>Add<br>Net profit<br>-<br>18,619<br>Less<br>Net loss<br>16,150||Plant and<br>machinery<br>£<br>239,032<br>475<br>239,507<br>120,891<br>17,793<br>138,684<br>100,823<br>118,141<br>£<br>873,696<br>2,469<br>876,165||Fixtures<br>and<br>fittings<br>£<br>375<br>-<br>375<br>56<br>48<br>104<br>271<br>319<br>2021<br>£<br>9,914<br>8,705<br>18,619<br>-|Totals<br>£<br>1,000,179<br>475<br>1,000,654<br>120,947<br>17,841<br>138,788<br>861,866<br>879,232<br>£<br>895,170<br>18,619<br>913,789|
|---|---|---|---|---|---|



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