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2022-12-31-accounts

ROBERT NIIAYS SCHOOL PARENT TEACHER ASSOCIATION Accounts 31 December 2022

2022 2021
Sales 99,770 86,625
Cost ofsales 71,711 68,901
Gross surplus 28,059 17,724
Expenses
Telephone,
fax, stationery
and other office costs 1,777 162
Advertising
and business
entertainment costs 1,693 3,821
Bank, credit card and other finance charges 1,543 1,594
Accountancy, legal and other professional fees 840 640
Depreciation and loss/(profit)
on sale
237 80
Other business expenses 199 443
6,289 6,740
Surplus of Income over Expenditure 21,770 10,984
Donations
to
the school (7,065) (15,068)
Surplus/deficit for the year 14,705 4,084)

as at 31 Dece mber 2022
Notes 2022 2021
Fixed assets
Equipment 237
Current assets
Stock and work in progress 26,342
Bank/building
society balances
81,799 47,660
81,799 74,002
Current
liabilities
Trade creditors 1,049 9,845
Other liabilities and accruals 4,957 3,306
6,006 13,151
Net current assets 75,793 60,851
Net assets 75,793 61,088
Capital account
Balance at start of period 61,088 65,172
Surplus for the year 21,770 10,984
Donations to school (7,065) (15,068)
75,793 61,088

Income and Expenditure analysis analysis
2022 2021
Sales
Sales of uniforms 98,540 86,625
Other income 1,004
Refreshment
income
226
99,770 86,625
Cost ofsales
Cost of uniforms 71,516 68,830
Refreshment
expenses
195 71
71,711 68,901
Telephone,
fax, stationery
and other office costs
Stationery
and printing
75
Software 1,536
Otherinsurance
costs
166 162
1,777 162
Advertising
and business
entertainment costs
Internet
and website
1,693 3,821
Bank, credit card and other finance charges
Paypal charges 1,543 1,594
Accountancy,
legal and other
professional fees
Accountants
fees
840 640
Depreciation
and loss/(profit)
on sale
Depreciation 237
Other business expenses
Subscriptions 128
Sundry expenses 71 443
199 443

Equipment
Equipment
Cost
At 1 January 2022 2,111
At 31 December 2022 2,111
Depreciation
At 1 January 2022 1,874
Charge for the year 237
At 31 December 2022 2,111
Net book value
At 31 December 2022
At 31 December 2021 237