| P/E | P/E | ||
|---|---|---|---|
| 31/12/2020 | 31/12/2019 | ||
| Note | |||
| TURNOVER | 1 | ||
| Sales, services and grants | received | 37,390 | 58,884 |
| Net operating expenses |
43,531 | 65,893 | |
| OPERATING (DEFICT) | (6,141) | (7,009) | |
| Interest receivable and similar income |
|||
| (DEFICIT) ON ORDINARY | ACTIVITIES | ||
| BEFORE TAXATION FOR | THE YEAR | (6,137) | (7,005) |
| Tax on Interest Receivable | |||
| (DEFICIT) ON ORDINARY | ACTIVITIES | ||
| AFTER TAXATION FOR THE YEAR | (6,137) | (7,005) | |
| RESERVES BROUGHT FORWARD | 58,558 | 65,563 | |
| RESERVES CARRIED FORWARD | 52,421 | 58,558 |
| 2) OPERATING PROFIT |
2) OPERATING PROFIT |
P/E | P/E | |
|---|---|---|---|---|
| 31/12/2020 | 31/12/2019 | |||
| Operating profit is stated |
after allowing | for: | ||
| Net operating expenses |
including: | |||
| Depreciation Directors' remuneration |
3,824 | 3,965 |
| COMPANY LIMITED |
BYGUARANTEE | BYGUARANTEE | ||
|---|---|---|---|---|
| NOTES TO THE ACCOUNTS | ||||
| ACCOUNTS PERIOD | 1 JANUARY | 2020 TO 31 DECEMBER 2020 | ||
| 3) STAFF COSTS | P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | |||
| The cost of employing | staff including | directors was: | ||
| Wages and salaries | 18,773 | 15,802 | ||
| 4) TANGIBLE FIXEDASSETS | ||||
| Mini | Fixtures & | |||
| Bus | Equipment | Total | ||
| COST | ||||
| At 1 January 2020 Additions |
4500 | 29,322 427 |
33,822 427 |
|
| Disposals | -1,667 | -1,667 | ||
| At 31 December 2020 | 4,500 | 28,082 | 32,582 | |
| DEPRECIATION | ||||
| At 1 January 2020 Charge for the period Withdrawn on disposals |
3,433 267 |
23,025 3,557 -1,667 |
26,458 3,824 -1,667 |
|
| At 31 December 2020 | 3,700 | 24,915 | 28,615 | |
| NET BOOK VALUE | ||||
| At 31 December 2020 | 800 | 3,167 | 3,967 | |
| At 1 January 2020 | 1,067 | 6,297 | ?,364 | |
| 5) DEBTORS | P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | |||
| Trade Debtors | 3,329 | 8,686 | ||
| P repayments King GeorgeV Trust |
2,197 | 2,045 20,587 |
||
| 5,526 | 31,318 |
| ACCOUNTS PERIOD 1 JA | NUARY 2020 TO 31 DECE | MBER 2020 | |
|---|---|---|---|
| 6) CREDITORS: amounts | falling due within one year | P/E | P/E |
| 31/12/2020 | 31/12/2019 | ||
| E | |||
| Trade creditors Prepaid Income Accruals King George V Trust Other creditors Taxation and social security |
717 3,553 1,578 31,211 17 119 |
717 8,100 3,989 17 181 |
|
| 37,195 | 13,004 |
| 7) RECONCILIATION | OF MOVEMENTS | IN MEMBERS' FUNDS | |
|---|---|---|---|
| P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | ||
| Balance b/f (Deficit) for the period |
58,558 (6,137) |
65,563 (7,005) |
|
| 52,421 | 58,558 |
| ACCOUNTS PERIOD 1 JANUARY 2020 | TO 31 DECE | MBER 2020 | ||
|---|---|---|---|---|
| PIE | P/E | |||
| 31/12/2020 | 31/12/2019 | |||
| TURNOVER | ||||
| Sales | 24,818 | 58,026 | ||
| Mini Bus Income | 238 | 858 | ||
| 25,056 | 58,884 | |||
| DIRECT COSTS | ||||
| Purchases etc Mini Bus Expenses |
68 506 |
3,505 1,496 |
||
| 574 | 5,001 | |||
| GROSS PROFIT | 077 | 24,482 | gf.s | 53,883 |
| LESSOVERHEADS | ||||
| Establishment expenses |
6,812 | 8,321 | ||
| Administration expenses |
31,287 | 47,500 | ||
| Financial expenses | 4,858 | 5,071 | ||
| 42,957 | 60,892 | |||
| NET (DEFICIT) FOR THE PERIOD | -18,475 | -7,009 | ||
| OTHER INCOME | ||||
| Grants Received | 12,334 | |||
| Bank Interest | ||||
| (DEFICIT) FOR THE PERIOD | -6,137 | -7,005 |
| P/E | P/E | |||||
|---|---|---|---|---|---|---|
| 31/12/2020 | 31/12/2019 | |||||
| f. | f | f. | ||||
| ESTABLISHMENT EXPENSES | ||||||
| Centre Insurance | 2,533 | 2,293 | ||||
| General &Water Rates |
949 | 1,107 | ||||
| Light and Heat | 3,330 | 4,921 | ||||
| 6,812 | 8,321 | |||||
| ADMINSTRATION EXPENSES |
||||||
| Contract labour Centre staff salaries |
1,219 18,773 |
4,100 15,802 |
||||
| Cleaning and janatorial |
expenses | 793 | 1,119 | |||
| Building repairs |
1,432 | 5,814 | ||||
| Equipment maintenance Staff Costs |
1,264 729 |
3,298 57 |
||||
| Ground maintenance Printing and Stationery |
2,011 380 |
1,187 510 |
||||
| Advertising and Promotional |
expenses | 341 | 365 | |||
| Computer expenses | 888 | 678 | ||||
| Telephone and Internet |
673 | 67? | ||||
| Bookkeeping and Office Licenses and Permits Sundry expenses |
Adminstration | 1,173 1,531 80 |
12,293 1,509 91 |
|||
| 31,287 | 47,500 | |||||
| FINANCIAL EXPENSES | ||||||
| Accountancy and professional Bank charges Bad Debt |
570 439 25 |
570 522 14 |
||||
| Depreciation | 3,824 | 3,965 | ||||
| 4,858 | 5,071 | |||||
| 42,957 | 60,892 |
| P/E | P/E | ||
|---|---|---|---|
| 31/12/2020 | 31/12/2019 | ||
| Note | |||
| TURNOVER | 1 | ||
| Sales, services and grants | received | 37,390 | 58,884 |
| Net operating expenses |
43,531 | 65,893 | |
| OPERATING (DEFICT) | (6,141) | (7,009) | |
| Interest receivable and similar income |
|||
| (DEFICIT) ON ORDINARY | ACTIVITIES | ||
| BEFORE TAXATION FOR | THE YEAR | (6,137) | (7,005) |
| Tax on Interest Receivable | |||
| (DEFICIT) ON ORDINARY | ACTIVITIES | ||
| AFTER TAXATION FOR THE YEAR | (6,137) | (7,005) | |
| RESERVES BROUGHT FORWARD | 58,558 | 65,563 | |
| RESERVES CARRIED FORWARD | 52,421 | 58,558 |
| 2) OPERATING PROFIT |
2) OPERATING PROFIT |
P/E | P/E | |
|---|---|---|---|---|
| 31/12/2020 | 31/12/2019 | |||
| Operating profit is stated |
after allowing | for: | ||
| Net operating expenses |
including: | |||
| Depreciation Directors' remuneration |
3,824 | 3,965 |
| COMPANY LIMITED |
BYGUARANTEE | BYGUARANTEE | ||
|---|---|---|---|---|
| NOTES TO THE ACCOUNTS | ||||
| ACCOUNTS PERIOD | 1 JANUARY | 2020 TO 31 DECEMBER 2020 | ||
| 3) STAFF COSTS | P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | |||
| The cost of employing | staff including | directors was: | ||
| Wages and salaries | 18,773 | 15,802 | ||
| 4) TANGIBLE FIXEDASSETS | ||||
| Mini | Fixtures & | |||
| Bus | Equipment | Total | ||
| COST | ||||
| At 1 January 2020 Additions |
4500 | 29,322 427 |
33,822 427 |
|
| Disposals | -1,667 | -1,667 | ||
| At 31 December 2020 | 4,500 | 28,082 | 32,582 | |
| DEPRECIATION | ||||
| At 1 January 2020 Charge for the period Withdrawn on disposals |
3,433 267 |
23,025 3,557 -1,667 |
26,458 3,824 -1,667 |
|
| At 31 December 2020 | 3,700 | 24,915 | 28,615 | |
| NET BOOK VALUE | ||||
| At 31 December 2020 | 800 | 3,167 | 3,967 | |
| At 1 January 2020 | 1,067 | 6,297 | ?,364 | |
| 5) DEBTORS | P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | |||
| Trade Debtors | 3,329 | 8,686 | ||
| P repayments King GeorgeV Trust |
2,197 | 2,045 20,587 |
||
| 5,526 | 31,318 |
| ACCOUNTS PERIOD 1 JA | NUARY 2020 TO 31 DECE | MBER 2020 | |
|---|---|---|---|
| 6) CREDITORS: amounts | falling due within one year | P/E | P/E |
| 31/12/2020 | 31/12/2019 | ||
| E | |||
| Trade creditors Prepaid Income Accruals King George V Trust Other creditors Taxation and social security |
717 3,553 1,578 31,211 17 119 |
717 8,100 3,989 17 181 |
|
| 37,195 | 13,004 |
| 7) RECONCILIATION | OF MOVEMENTS | IN MEMBERS' FUNDS | |
|---|---|---|---|
| P/E | P/E | ||
| 31/12/2020 | 31/12/2019 | ||
| Balance b/f (Deficit) for the period |
58,558 (6,137) |
65,563 (7,005) |
|
| 52,421 | 58,558 |
| ACCOUNTS PERIOD 1 JANUARY 2020 | TO 31 DECE | MBER 2020 | ||
|---|---|---|---|---|
| PIE | P/E | |||
| 31/12/2020 | 31/12/2019 | |||
| TURNOVER | ||||
| Sales | 24,818 | 58,026 | ||
| Mini Bus Income | 238 | 858 | ||
| 25,056 | 58,884 | |||
| DIRECT COSTS | ||||
| Purchases etc Mini Bus Expenses |
68 506 |
3,505 1,496 |
||
| 574 | 5,001 | |||
| GROSS PROFIT | 077 | 24,482 | gf.s | 53,883 |
| LESSOVERHEADS | ||||
| Establishment expenses |
6,812 | 8,321 | ||
| Administration expenses |
31,287 | 47,500 | ||
| Financial expenses | 4,858 | 5,071 | ||
| 42,957 | 60,892 | |||
| NET (DEFICIT) FOR THE PERIOD | -18,475 | -7,009 | ||
| OTHER INCOME | ||||
| Grants Received | 12,334 | |||
| Bank Interest | ||||
| (DEFICIT) FOR THE PERIOD | -6,137 | -7,005 |
| P/E | P/E | |||||
|---|---|---|---|---|---|---|
| 31/12/2020 | 31/12/2019 | |||||
| f. | f | f. | ||||
| ESTABLISHMENT EXPENSES | ||||||
| Centre Insurance | 2,533 | 2,293 | ||||
| General &Water Rates |
949 | 1,107 | ||||
| Light and Heat | 3,330 | 4,921 | ||||
| 6,812 | 8,321 | |||||
| ADMINSTRATION EXPENSES |
||||||
| Contract labour Centre staff salaries |
1,219 18,773 |
4,100 15,802 |
||||
| Cleaning and janatorial |
expenses | 793 | 1,119 | |||
| Building repairs |
1,432 | 5,814 | ||||
| Equipment maintenance Staff Costs |
1,264 729 |
3,298 57 |
||||
| Ground maintenance Printing and Stationery |
2,011 380 |
1,187 510 |
||||
| Advertising and Promotional |
expenses | 341 | 365 | |||
| Computer expenses | 888 | 678 | ||||
| Telephone and Internet |
673 | 67? | ||||
| Bookkeeping and Office Licenses and Permits Sundry expenses |
Adminstration | 1,173 1,531 80 |
12,293 1,509 91 |
|||
| 31,287 | 47,500 | |||||
| FINANCIAL EXPENSES | ||||||
| Accountancy and professional Bank charges Bad Debt |
570 439 25 |
570 522 14 |
||||
| Depreciation | 3,824 | 3,965 | ||||
| 4,858 | 5,071 | |||||
| 42,957 | 60,892 |