2023-03-31-accounts - Martock Charity Shop

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Business Martock Charity Shop

Type Sole trader

Method Trial balance to be entered manually

Version last updated May 2017

Copyright VT Software Limited 2017 Cleared Notes/ Comments/ Outstanding points

For advice on using this workbook, click on the Template Instructions button at the right-hand end of the VT toolbar, choose the VT Final Accounts Help Topics command from the Help menu, or refer to the printed user guide.

Check List 1 09/20/2024

Template	history
Version	Change
May 2017	Chartered Accountants' reports. Reference changed to TECH08/16AAF
Dec 2010	ICAEW accountants report updated with AAF 03/10
Jul 2008	Profit and loss account and balance sheet re-organised to match the layout in the 2007/8
	self-employment tax return
Jan 2006	The words_In accordance with the engagement letter dated…_have been removed from the
	Approval statement. There is no mandatory format for this statement
Jan 2006	NotesPL
	Accounting basis note altered

History 2 09/20/2024

Martock Charity Shop
Trial balance	AutoHide is on	Before adj's	Adj 1	Current year	Comparative
Enter debits as + and credits as -	[assets and expenses are debits]	£	£	£	£
PROFIT AND LOSS ACCOUNT
Sales	Sales			0	0
	Shop income	(42,122)		(42,122)	(36,791)
Cost of sales	Total grants and donations	27,057		27,057	19,516
	Purchases			0	0
	Decrease in stocks			0	0
	Direct labour			0	0
	Discounts allowed			0	0
	Commissions payable			0	0
	Other direct costs			0	0
Construction industry	Subcontractor costs			0	0
Other business income	Local Government grants			0	0
	Interest receivable			0	0
	Rental income			0	0
	Discounts received			0	0
Employee costs	Wages and salaries			0	0
	Pensions			0	0
	Bonuses			0	0
	Employer's NI			0	0
	Temps and recruitment			0	0
	Staff training and welfare			0	0
Car, van and travel	Motor expenses			0	0
	Travel and subsistence			0	0
Premises costs	Rent	7,200		7,200	7,200
	Rates	133		133	100
	Light and heat	1,273		1,273	533
	Property insurance			0	0
	Service charges			0	0
	Waste services	3,532		3,532	2,983
	Cleaning			0	0
	Use of home			0	0
Repairs and renewals	Repairs and maintenance	155		155	596
Office costs	Telephone and fax			0	0
	Postage			0	0
	Stationery and printing	121		121	79

TB 3 09/20/2024

Martock Charity Shop
Trial balance AutoHide is on	Before adj's Adj 1 Current year Comparative
Enter debits as + and credits as - [assets and expenses are debits]	£ £ £ £
Courier services Information and publications Equipment expensed Hire of equipment Software Other insurance costs Advertising & entertaining Advertising and PR Entertaining Interest Interest Other finance charges Bank charges Hire purchase and lease interest Bad debts Bad debts Professional costs Accountants fees Solicitors fees Other legal and professional Consultancy fees Management fees Professional indemnity insurance Depreciation & p/l on sale Depreciation Amortisation of goodwill Profit/loss on sale of fixed assets Other business expenses Subscriptions Sundry expenses	0 0 0 0 0 0 0 0 0 0 460 460 395 0 0 0 0 0 0 0 0 0 0 0 0 60 60 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
(Profit)/loss BALANCE SHEET	(2,131) 0 (2,131) (5,329)
Plant and machinery Cost - b/fwd Cost - additions Cost - disposals Depreciation - b/fwd Depreciation - charge for the year	0 0 0 0 0 0 0 0 0 0

TB 4 09/20/2024

Martock Charity Shop
Trial balance AutoHide is on	Before adj's Adj 1		Current year	Comparative
Enter debits as + and credits as - [assets and expenses are debits]	£ £		£	£
Depreciation - disposals Motor vehicles Cost - b/fwd Cost - additions Cost - disposals Depreciation - b/fwd Depreciation - charge for the year Depreciation - disposals Spare Cost - b/fwd Cost - additions Cost - disposals Depreciation - b/fwd Depreciation - charge for the year Depreciation - disposals Other fixed assets Premises Goodwill Investments Assets Stock and work in progress Trade debtors Cash in hand Other current assets and prepayments Bank/building society balances Liabilities Loans and overdrawn bank accounts Trade creditors Other liabilities and accruals Loans due after more than one year Capital account Balance at start of period Capital introduced Drawings	23,807 (210) (21,466)		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23,807 0 (210) 0 0 (21,466) 0 0 0 0 0 0	0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21,570 0 (104) 0 0 (16,137) 0 0 0 0 0 0
Totals_(all should be zero)_	0 0		0
	0	0	0	0

TB 5 09/20/2024

Martock Charity Shop Data not obtained from trial balance Enter numbers as + unless indicated Current year Comparative Units (eg £ or £000) £ include a trailing space Name of accountants Pinnacle Accountancy Services (SW) Limited Type of firm (eg Chartered Accountants) Certified Practising Accountants Address of accountants Address line 1 2nd Floor Commerce House Address line 2 North Street City or town MARTOCK County or region Somerset Postcode TA12 6DH Name of proprietor signing balance sheet Mrs E Bowden Date of signing 15.01.2024 Date of engagement letter (required for Chartered Accountants report only)

Data 6 09/20/2024

Martock Charity Shop Accounts 31 March 2023

Martock Charity Shop

Approval statement

I approve the accounts which comprise of the Profit and Loss Account and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Pinnacle Accountancy Services (SW) Limited with all information and explanations necessary for their compilation.

Mrs E Bowden

15.01.2024

Martock Charity Shop

Accountants' report on the unaudited accounts to Martock Charity Shop

You have approved the accounts for the year ended 31 March 2023 which comprise the Profit and Loss Account and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

Pinnacle Accountancy Services (SW) Limited Certified Practising Accountants

2nd Floor Commerce House North Street MARTOCK Somerset TA12 6DH

15.01.2024

Martock Charity Shop Profit and Loss Account for the year ended 31 March 2023

Sales Cost of sales Gross profit Expenses Rent, rates, power and insurance costs Repairs and renewals of property and equipment Telephone, fax, stationery and other office costs Accountancy, legal and other professional fees Profit	2023 £ 42,122 27,057 15,065 12,138 155 581 60 12,934 2,131	2022 £ 36,791 19,516
		17,275
		10,816 596 474 60
		11,946

		5,329

Martock Charity Shop Notes to the Accounts for the year ended 31 March 2023

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the figures to be filed with the Charities Commission.

2 Profit and loss account analysis

Sales Shop income Charitable Grants and Donations Total grants and donations Rent, rates, power and insurance costs Rent Rates Light and heat Waste services Repairs and renewals of property and equipment Repairs and maintenance Telephone, fax, stationery and other office costs Stationery and printing Other insurance costs Accountancy, legal and other professional fees Accountants fees	2023 £ 42,122 27,057 7,200 133 1,273 3,532 12,138 155 121 460 581 60	2022 £ 36,791
		19,516
		7,200 100 533 2,983
		10,816
		596
		79 395
		474
		60

Formula driven text is placed here and then referred to by cells in the main body of the accounts

for the year ended 31 March 2023 for the period ended 31 March 2023 for the period from 1 April 2022 to 31 March 2023

for the year ended 31 March 2023 for the year ended 31 March 2023

You have approved the accounts for the year ended 31 March 2023 which comprise

the Profit and Loss Account and the related notes

. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

In accordance with the engagement letter dated 0 January 1900, we have prepared for your approval the accounts of Martock Charity Shop for the year ended 31 March 2023 which comprise of

from the entity's accounting records and from information and explanations you have given to us.

You have approved the accounts for the year ended 31 March 2023

and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation.

I approve the accounts which comprise of

. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Pinnacle Accountancy Services (SW) Limited with all information and explanations necessary for their compilation.

This report is made solely to you, in accordance with the terms of our engagement letter dated 0 January 1900.

Our work has been undertaken solely to prepare for your approval the accounts of Martock Charity Shop 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 Mrs E Bowden for our work or for this report.

Martock Charity Shop Workings at 31 March 2023

The workings below form the basis for the Fixed asset note. Whenever AutoHide is turned on or off the appropriate columns below are re-copied to the NotesBS sheet. Plant, machinery and motor vehicles

Cost At 1 April 2022 Additions Disposals At 31 March 2023 Depreciation At 1 April 2022 Charge for the year On disposals At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022	Plant and machinery £ - - - - - - - - - -	Motor vehicles £ - - - - - - - - - -	Spare £ - - - - - - - - - -	Total £ - - -
				-
				- - -
				-
				-
				-

Plant, machinery and motor vehicles - previous year

Plant and machinery £ Cost B/fwd - Additions - Disposals - C/fwd - Depreciation B/fwd - Charge for the year - On disposals - C/fwd - Net book value c/fwd - Loans and overdrawn bank accounts for tax return Less than one year More than one year	Motor vehicles £ - - - - - - - - -	Spare £ - - - - - - - - -	Total £ - - -
			-
			- - -
			-
			-
			- -
			-