> 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 8 ## **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 9 ## **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| 10 **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| 11 _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**
**£**
-
-
-| |---|---|---|---| ||||-| ||||-
-
-| ||||-| ||||-| ||||-
-| ||||-|