Trustees’ Annual Report for the period
From 1st January 2022 Period start date To December 31st, 2022 Period end date
Charity name: Coaches Across Continents Ltd
Charity registration number: 1126743
Objectives and Activities
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Coaches Across Continents is the global leader in using Education Outside the Classroom and Purposeful Play to address the UN SDGs and the UN Convention on the Rights of Child. Our three brands work at all levels, from advising governments and creating corporate social purpose to advancing community organizations, developing coaches, and educating young people. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 | In the annual report period the charity has delivered a multitude of activities globally. These activities, projects and services, which are all for the public benefit, use Purposeful Play to educate communities, leaders, and youth about the UN SDGs in over 50 countries. For example, we ran a global day of Play to support Health and Wellness. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The charity trustees have reviewed the Charity Commission guidance on public benefit and advised the charity based on this guidance. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference
| Policy on grant making | Para 1.38 | The charity is primarily a receiver of grants from foundations and other funders. If beneficial to the delivery of funded projects the charity will make small grants to trusted partner contractors. The trustees confirm that these small grants are administered in a responsible and transparent to assist the charity achieve its purpose in accordance with policy. |
| Policy on social investment including program related investment |
Para 1.38 | The charity does spend money on program related investment. These expenses assist the charity and its projects achieve its purpose in accordance with policy. |
| Contribution made by volunteers |
Para 1.38 | The trustees confirm that the charity does utilise volunteers to assist the charity achieve its purpose. Among their tasks include marketing, fundraising, grant-writing, partnership management, and project delivery. All volunteers are vetted and checked prior to contributing. They are vital to the success of the charity activities. |
| Other |
Achievements and Performance
| SORP reference | ||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The trustees confirm that the charity has achieved many successes throughout the annual report period. These successes have improved the circumstances of its beneficiaries and society. These successes resulted in the charity being a finalist for the Football for Good award at the World Football Summit in September 2022. For example, Coaches Across Continents Ltd received funding from the brand Sure during the period with the aim of encouraging young people to ‘move’ more. Due to social and economic factors young people are moving less and less causing long-term mental and physical health problems. This Sure funding was used by the charity to educate over 100 leaders how to promote movement in over 40,000 young people during the period. This is just one example. The charities activities improve the circumstances of beneficiaries and society in diverse ways. From educating women and girls about Sexual and Reproductive Health and Rights in Tanzania to empowering sports clubs in the UK to improve training practices to avoid brain injuries and CTE. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | The trustees confirm that, in this annual report period, the charity met the achievements set at the beginning. |
| Performance of fundraising activities against objectives set |
Para 1.41 | The trustees confirm that, in this annual report period, the charity met the fundraising activities set at the beginning. |
| Investment performance against objectives |
Para 1.41 | The trustees confirm that, in this annual report period, the charity met the investment performance set at the beginning. |
| Other |
Financial Review
| inancial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity is in a positive financial position at the end of this period in comparison to the start of the period. This is due to encouraging fundraising activities and investment in human resources. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity has a written reserves policy signed by all trustees. This policy outlines how the charity allocates money from unrestricted fund balances, which are not invested in fixed assets, to several designated funds- continuity fund, restructuring fund and dissolution fund. |
| Amount of reserves held | Para 1.22 | £104,388 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The trustees do not hold any uncertainties about the charity continuing. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Corporate partnerships and foundations including Sure, FIFA Foundation, and the Swedish Postcode Foundation provided funding during the period in question. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Not relevant. |
| A description of the principal risks facing the charity |
Para 1.46 | The charity faces the same risks as any charity. In particular continuing to be successful in procuring funding to ensure long-term operations. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: | The charity has one governing trust responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. |
|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Memorandum and articles of association |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Incorporated as a company. Company number 06604406. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are selected based on their experience and expertise to both advise the charity operations and procure new beneficial funding and partnerships. |
Additional information (optional) You may choose to include further statements where relevant about:
N/A Policies and procedures Para 1.51 adopted for the induction and training of trustees
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The charity is itself a network with hundreds of partners globally which work at a grassroots level using play and sport to address the UN SDGs. |
| Relationship with any related parties |
Para 1.51 | Coaches Across Continents Ltd has a sister charity- Coaches Across Continents Inc- in the USA. Both charities operate concurrently but have separate governing documents, registrations, and bank accounts. |
| Other |
Reference and Administrative details
| Charity name | Coaches Across Continents Ltd |
| Other name the charity uses | CAC |
| Registered charity number | 1126743 |
| Charity’s principal address | 69 New Road Wingerworth Chesterfield S42 6UJ UK |
Names of the charity trustees who manage the charity
----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
N/A
1 [Nicholas Gates ]
2 [Derek Mills ] N/A
3 [Nick D’Onofrio ] N/A
4
5
6
----- End of picture text -----
– Corporate trustees names of the directors at the date the report was approved
Director name Nicholas Gates Derek Mills Nick D’Onofrio
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
| N/A | ||
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
No funds held on behalf of others. |
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Nick Gates Adam Burgess
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Nicholas Gates Position (eg Board Trustee Secretary, Chair, etc)
Date February 27th 2023
Registered number: 06604406
COACHES ACROSS CONTINENTS LIMITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
Coaches Across Continents Limited Directors' Report and Financial Statements For The Year Ended 31 December 2022
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| The following pages do not form part of the statutory accounts: | |
| Trading Profit and Loss Account | 7 |
Coaches Across Continents Limited Company Information For The Year Ended 31 December 2022
| Directors | Mr Nicholas Gates |
|---|---|
| Mr Nick Donofrio | |
| Mr Derek Mills | |
| Company Number | 06604406 |
| Registered Office | 69 New Road |
| Wingerworth | |
| Chesterfield | |
| S42 6UJ | |
| Accountants | KP Simpson Ltd |
| Certified Public Accountants | |
| 172-174 Albert Road | |
| Jarrow | |
| NE32 5JA |
Page 1
Coaches Across Continents Limited Company No. 06604406 Directors' Report For The Year Ended 31 December 2022
The directors present their report and the financial statements for the year ended 31 December 2022.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Mr Nicholas Gates
Mr Nick Donofrio
Mr Derek Mills
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Nicholas Gates
Director
17/02/2023
Page 2
Coaches Across Continents Limited Accountant's Report For The Year Ended 31 December 2022
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
17/02/2023
KP Simpson Ltd Certified Public Accountants 172-174 Albert Road Jarrow NE32 5JA
Page 3
Coaches Across Continents Limited Profit and Loss Account For The Year Ended 31 December 2022
| Notes TURNOVER Cost of sales GROSS PROFIT/(LOSS) Administrative expenses OPERATING PROFIT/(LOSS) Other interest receivable and similar income PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ 245,637 (129,658) 115,979 (20,615) 95,364 10 95,374 |
2021 £ 98,751 (104,056) |
|---|---|---|
| (5,305) (1,468) |
||
| (6,773) - |
||
| (6,773) |
The notes on page 6 form part of these financial statements.
Page 4
Coaches Across Continents Limited Balance Sheet As At 31 December 2022
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 3 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Profit and Loss Account SHAREHOLDERS' FUNDS |
2022 £ £ 105,686 105,686 (8,123) 97,563 97,563 97,563 97,563 97,563 |
2022 £ £ 105,686 105,686 (8,123) 97,563 97,563 97,563 97,563 97,563 |
2021 £ £ 3,175 3,175 (986) 2,189 2,189 2,189 2,189 2,189 |
2021 £ £ 3,175 3,175 (986) 2,189 2,189 2,189 2,189 2,189 |
|---|---|---|---|---|
| 105,686 (8,123) |
3,175 (986) |
|||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 |
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Nicholas Gates
Director
17/02/2023
The notes on page 6 form part of these financial statements.
Page 5
Coaches Across Continents Limited Notes to the Financial Statements For The Year Ended 31 December 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2021: 1)
3. Creditors: Amounts Falling Due Within One Year
| Accruals and deferred income Directors' loan accounts |
2022 £ 180 7,943 8,123 |
2021 £ 180 806 |
|---|---|---|
| 986 |
4. Share Capital
5. General Information
Coaches Across Continents Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06604406. The registered office is 69 New Road, Wingerworth, Chesterfield, S42 6UJ.
Page 6
Coaches Across Continents Limited Trading Profit and Loss Account For The Year Ended 31 December 2022
| TURNOVER Sales COST OF SALES Tools Subcontractor costs GROSS PROFIT/(LOSS) Administrative Expenses Directors' salaries Travel expenses Use of private residence Vehicle running costs Insurance Printing, postage and stationery Accountancy fees Bank charges Charitable donations Sundry expenses OPERATING PROFIT/(LOSS) Other interest receivable and similar income Bank interest receivable PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ £ 245,637 - 129,658 (129,658) 115,979 6,825 7,216 312 370 - 57 222 276 5,338 (1) (20,615) 95,364 10 10 95,374 |
2022 £ £ 245,637 - 129,658 (129,658) 115,979 6,825 7,216 312 370 - 57 222 276 5,338 (1) (20,615) 95,364 10 10 95,374 |
2021 £ £ 98,751 410 103,646 (104,056) (5,305) - 711 312 58 107 13 216 50 - 1 (1,468) (6,773) - - (6,773) |
2021 £ £ 98,751 410 103,646 (104,056) (5,305) - 711 312 58 107 13 216 50 - 1 (1,468) (6,773) - - (6,773) |
|---|---|---|---|---|
| 6,825 7,216 312 370 - 57 222 276 5,338 (1) |
- 711 312 58 107 13 216 50 - 1 |
|||
| 115,979 (20,615) |
(5,305) (1,468) |
|||
| 10 | - | |||
| 95,364 10 |
(6,773) - |
|||
| 95,374 | (6,773) |
Page 7
Registered number: 06604406
COACHES ACROSS CONTINENTS LIMITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
Coaches Across Continents Limited Directors' Report and Financial Statements For The Year Ended 31 December 2022
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
| The following pages do not form part of the statutory accounts: | |
| Trading Profit and Loss Account | 7 |
Coaches Across Continents Limited Company Information For The Year Ended 31 December 2022
| Directors | Mr Nicholas Gates |
|---|---|
| Mr Nick Donofrio | |
| Mr Derek Mills | |
| Company Number | 06604406 |
| Registered Office | 69 New Road |
| Wingerworth | |
| Chesterfield | |
| S42 6UJ | |
| Accountants | KP Simpson Ltd |
| Certified Public Accountants | |
| 172-174 Albert Road | |
| Jarrow | |
| NE32 5JA |
Page 1
Coaches Across Continents Limited Company No. 06604406 Directors' Report For The Year Ended 31 December 2022
The directors present their report and the financial statements for the year ended 31 December 2022.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Mr Nicholas Gates
Mr Nick Donofrio
Mr Derek Mills
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr Nicholas Gates
Director
17/02/2023
Page 2
Coaches Across Continents Limited Accountant's Report For The Year Ended 31 December 2022
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
17/02/2023
KP Simpson Ltd Certified Public Accountants 172-174 Albert Road Jarrow NE32 5JA
Page 3
Coaches Across Continents Limited Profit and Loss Account For The Year Ended 31 December 2022
| Notes TURNOVER Cost of sales GROSS PROFIT/(LOSS) Administrative expenses OPERATING PROFIT/(LOSS) Other interest receivable and similar income PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ 245,637 (129,658) 115,979 (20,615) 95,364 10 95,374 |
2021 £ 98,751 (104,056) |
|---|---|---|
| (5,305) (1,468) |
||
| (6,773) - |
||
| (6,773) |
The notes on page 6 form part of these financial statements.
Page 4
Coaches Across Continents Limited Balance Sheet As At 31 December 2022
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 3 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Profit and Loss Account SHAREHOLDERS' FUNDS |
2022 £ £ 105,686 105,686 (8,123) 97,563 97,563 97,563 97,563 97,563 |
2022 £ £ 105,686 105,686 (8,123) 97,563 97,563 97,563 97,563 97,563 |
2021 £ £ 3,175 3,175 (986) 2,189 2,189 2,189 2,189 2,189 |
2021 £ £ 3,175 3,175 (986) 2,189 2,189 2,189 2,189 2,189 |
|---|---|---|---|---|
| 105,686 (8,123) |
3,175 (986) |
|||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 | |||
| 97,563 | 2,189 |
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Nicholas Gates
Director
17/02/2023
The notes on page 6 form part of these financial statements.
Page 5
Coaches Across Continents Limited Notes to the Financial Statements For The Year Ended 31 December 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2021: 1)
3. Creditors: Amounts Falling Due Within One Year
| Accruals and deferred income Directors' loan accounts |
2022 £ 180 7,943 8,123 |
2021 £ 180 806 |
|---|---|---|
| 986 |
4. Share Capital
5. General Information
Coaches Across Continents Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06604406. The registered office is 69 New Road, Wingerworth, Chesterfield, S42 6UJ.
Page 6
Coaches Across Continents Limited Trading Profit and Loss Account For The Year Ended 31 December 2022
| TURNOVER Sales COST OF SALES Tools Subcontractor costs GROSS PROFIT/(LOSS) Administrative Expenses Directors' salaries Travel expenses Use of private residence Vehicle running costs Insurance Printing, postage and stationery Accountancy fees Bank charges Charitable donations Sundry expenses OPERATING PROFIT/(LOSS) Other interest receivable and similar income Bank interest receivable PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ £ 245,637 - 129,658 (129,658) 115,979 6,825 7,216 312 370 - 57 222 276 5,338 (1) (20,615) 95,364 10 10 95,374 |
2022 £ £ 245,637 - 129,658 (129,658) 115,979 6,825 7,216 312 370 - 57 222 276 5,338 (1) (20,615) 95,364 10 10 95,374 |
2021 £ £ 98,751 410 103,646 (104,056) (5,305) - 711 312 58 107 13 216 50 - 1 (1,468) (6,773) - - (6,773) |
2021 £ £ 98,751 410 103,646 (104,056) (5,305) - 711 312 58 107 13 216 50 - 1 (1,468) (6,773) - - (6,773) |
|---|---|---|---|---|
| 6,825 7,216 312 370 - 57 222 276 5,338 (1) |
- 711 312 58 107 13 216 50 - 1 |
|||
| 115,979 (20,615) |
(5,305) (1,468) |
|||
| 10 | - | |||
| 95,364 10 |
(6,773) - |
|||
| 95,374 | (6,773) |
Page 7