HIGHFIELD RANGERS TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023 CHARITY NUMBER 1133617 HIGHFIELD RANGERS CHARITY NUMBER: 1133617 241 COLDHAR8OUR LANE IARCH 2651 LONDON SW9 8RR SONIC & CO. ACCOUNTANT, AUDITING & TAX ADVISER 198C UPPINGHAM ROAD LoLeSt¢r
Contents CHARITY DETAILS....... TRUSTEE'S REPORT............................................................................................... .. FINAIYCIAL REVIEW............................. ..... ..................... . . . Independent Examiner's Report to the Trustees of Highfield Rangers............................................ Statement of Financlal A¢tlvities........................................................................................................ 10 Brllance Sheet...................................................................................................... Notes to the Accounts Accountlng Polkles.................................................................................................... Voluntary Income....................................,.........................................................................................................14 Income and Expendlture SummaryStatement................................................................................................15 Note 7. Income frorn donatlon5 & le8acies........... .16 Note 8. Llabllltles Falllng Oue wfthln l Year................................... ... Note 10: BarTradlng Account...........................................................................................................................17 Note 11: Tu¢kshopTradlw Accounts................................................ .18 Note 12: Sportlng Artl¥ltles Tradln8A¢¢ounts.................................................................................................18 Note 13. Costs of sale5... . .18 12 .13 .17 Note 14: aosln8 Stockfor Bar and Tuckshop......................................................... .. Note 15: Cash In hond & Bank................................. .19 .19 21Page
CHARITY DETAIL Management Committee Trustees 2022123
Gerry Burk&Chairman (Deceased} In8emar Walker-New Chairperson Moses Webb-Treasurer Maurice Christian Howard Morris Tony Mason Solomon Paul Edwln James Alston Jarvis Robert Byron Sonia Davis-Byron Tony Mason Roger Carlisle Jacqueline Hanley Webb Registered Office 241 Coldharbour Lane (Arch 265) London SW9 8RR Independent Examlner Sonic & Co Accountant Auditing & tax Adviser 198C Uppin8ham Road Lelcester LE5 OQG Banker Lloyds 31Page
TRUSTEE'S REPORT Report of Trustees for year ended 31st March 2023 We have reached end of another year, and once again Highfield Rangers(HFR) present the report and financial statement for theyearended 31st March 2023. TheTrusteeswho are also the members and the Directors Highfield Rangers(HFR) for the purpose of company and Charity laws, served during the year up to the end of this report are set out in page 2. It is with great pleasure and satisfaction: I state that HFR has recorded another year with a surplus. The same steady flow of income was achieved in all revenue centers and this has help us to meet all our financial and administrative obligations. Ladies and gentlemen, the account I present here has been prepared in accordance with the accounting policies set out in notes to the accounts and complied with the charities Act 1993 and the charities (Account and Reports) Regulations 2008. Structure. Governance and ManagemenL Governing Document The organization is a reglstered charity, registered under registration number 1133617. Objectives and Activities The charity's Principal objectives and activities are designed to foster good community-relationships starting with buildin& nurturing and enhancing good values in our youths with the expectation that those values can help young people to advance in their individual lives through: l. The provision of recreational and leisure time activities for our members to foster the spirit of social bonding. Create understandin& promote good citizenship and to take active involvement in activities that enhances the social and civic wellbelng of our community. 2. To provide support artivities which develops their skills and capacltles to enable them to participate in society and mature as responsible individuals. 3. To provide avenue for social interactions for our members that enhance their well-being and give opportunity to reconnect with old pals and acquaintances. 4. To enrich social life of members by staging parties. Fundays, social gatherings and events that create an environment of personal satisfaction and belongin& Such actlvlties help alleviate the feeling of loneliness and boredom. The above objectives are met through the provision of the recreational sports facilities. prlmarily football via operation of a football club, a social club and hall for functions and parties
Organisational Strurture The charity trustees are responsible for the general control and management of the charity, they give their time freely and receive no remuneration or other financial benefits. They meet regularly and are responsible for all the decisions taken in relation to running Highfield Rangers facilities and activities. The trustees come from a variety of the professional and non-professional backgrounds relevant to the work of the charity, that VeS a wider mix of skills and experience to ensure the Charity remain focused on its objectives and provide value for money for its diverse service users. Also, they are engaged in the day to day operational management of the charity, ensuring that the charity is run In line with good practice. Sub-committees To assist in the smooth running of the charity. the trustees have set up a number of sub-committees which help them to oversee certain strategic and tactical aspects of the charity. Sub-cornmittees are currently set up for finance and operational management of the building facilities and they report their deliberations and recommendations to full meeting of the trustees. They meet at least once in three months under the chairn]anship of the chairperson, its membership reflects the relevant skills and professional experience, materially enhancing the effectiveness of our stewardship. The existing sub-committees are Finance. Wine Bar and Sport Committee, Pamela Cambell Morris- Health Awareness Alliance. Recrultment and appofintment of Trustees The existing trustees are responsible for the recruitment of new trustees after recommendation of proficient and experienced trustees or members who have exhibited good track record and are members of good integrityand standing. This is to ensure we bring in people of good repute to create good partnership wlthin members and service users. In selecting new trustees, we seek to identify people who regularly attend events and artivities organized bythe charity and arewillingto volunteerto help achieve our objectives. Potential trustees are initially invited to trustee meetings as observers and are given detsils of charity aims and activities, if they agree to volunteer and no objections are raised by existing trustees , then they are designated as new trustees ata subsequenttrustee meeting. This process will give due consideration to a person's ability, personal competence, specialist knowledge and skill. Our Charity is Still proud of being people focused and therefore need members with the commitment, drive and vision to steer us towards out objectives. We realize the Importance of fostering excellent community relationship by bringing people and the communities together. The charity management seek to ensure that the skills and drive needed to achieve our objectives are appropriately reflected through the diversity ofthe Trnstees and members.
Indurtion and Training Once trustees are appointed, they are introduced to their new roles. they are given copies of charity policy and procedures guideline adopted by the charity. They are also introduced to the facilities and football ground to familiarize themselves with the operational practices of premises. We take it upon ourselves to advise new trustees and existing ones to update themselves on the charity guidelines and pronouncements by the Charity commission on various issues. This is needed to enhance their scope and knowledge on how charity should be run. New trustees also work with existing trustees to assist on particular artivities and projects run by charity. Risk Management The trustees employ a Risk Matrix to comprehensively to chart the risks the charity is exposed to. that has the potential cause financial and material loss. The objective is to identify a major risk by area of activity, evaluate the nature of those risks. estimate the likelihood of those risks occurrin& then promulgate measures needed to mitigate thenL The trustees will regularly revlew the matrix at their meetings and at sub-committee level to see we astutely continue to understand all the potential risks and to ensure that the existing systems are rigorous enough to mitigate those risks. Appropriate systems and procedures have been established to mitigate the risks that charity faces, we hope the matrix will be a good compliment to the existing one. Internal control risks which is risk that our internal control system and procedures will fail to safeguard our assets and resources. We want to state that the trustees are aware of such risks and have put in place adequate measures to minimized it by the implementation of procedures for the authorizatlon of all transactions. Our risk management also ensures conipliance with health and safety of staff, volunteers, Trustees, service users, contractors and visitors. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Tribute to Deceased Chairnlan Gerry Burke Gerry has an outstanding personalityhas been a strong fortressyou HighField Rangers over the years. Gerry Burke served HFR with great resolve and dedication,going out and beyond his official portfolio to ensure the activities and management of HFR is ran smoothly for everyone. Indeed a team a worker and an able manager, Gerry dedicated his life upplight the life of many of our youth through his dedication and many of those youth are now responsible members of our society. He enjoys working with other trustees and over the year, he managed calvinize a wining team to exude confidence and energy of both volunteers and service users. The legacy he left shall not go in vain, for his life imparted on the lives for so many for so manyyears. We hope and pray God. the originator of creatlon and the merciful one, so him mercy. Achievement and Perfornmnce The fundamental areas of the charitable activity remain, the provision of the sporting activities, principally organizing football tournaments to enhance youths football skills. provide social interactions, economic prosperity for the community. To enhance their life skills, instill discipline and good moral values of courage, excellence in all endeavours. As for our members and to a larger extent 61Pagc
our service users, we are detern]ined to enhance healthy and socially interactive lifestyle, by advancing life activities through promotion of social cohesion and good values. FINANCIAL REVIEW Admittedly, for the past few years. Highfield Rangers IHFRI continued to establish itself in a strong financial pedestal and we hope to build on this momentum to ensure the charity achieve its objectives in the most effective and efficient way. Although. there are both financial and operational challenges, With dedication, selflessness we are fervently committed meet expectations. What is clear in this analysis is. even though all revenue resource or centers have done well, the charity continue to rely on grants and donations. This more evident 15 sports, especially football. Without the £9113 donation from the Football Foundation, football expenses wouldn't have been affordable. Last year, fundln8 from Grants and donations constltuted a gigantSc share of our operations, almost 57% of total funds in 2022, however. this year. it is has fallen to 36%. On the other hand, Income from operational actlvltles, notably the Academy, Gym, and football {excludin8 8rantl. constituted 64% in 2023, an Increase of 20% other that of 2022. That is a very encouraging development and must be sustalned. The Income and Expendlture Summary Statement, note 6 on pa8e 14 shows the net total Income and expenditure from operatin8 activities. donations and all revenue centers. Total receipts were £98,884 (including grant from football Foundation) while the total expenditure was £89,031. Even though a 8ood achlevement, these fi8ures for represent, a decrease of 20% and 21% a respectively. One must look at what constituted the receipt to fully understand the dynamics of the changes. It Is clear the change is skewed by the huge grants received in 2022. Grants in 2022 totaled to £59,069 while in 2023, it dropped drastically to £25,474, a significant drop of over 100%. If one set aside the grants, total Income for 2022 would have been £64,219. That means, 2023 total receipts from actlvltles In generatlng fund5 (Bar, Tuckshop, Bym, Academy etc.) achieved an increase of over 36% in 2023 over 2022. Note 6 shows the comparlson of all income sources and It can be concluded that except for 5POrting activities, all sources of income fared better in 2023 than 2022. The next para8raph slmply explalns the phenomenon. Althou8h the Bar made a profit of £4,302 In 2023, this represents afall of over IOO%from 2022. The rea50n is clearly displayed in difference between both Bar receipts and expenditure. The receipt was hi8her In 2023 yet its expenditure is proportionate. To understand the dynamics, the percentage of Bar expense of receipts was 86% while for 2022, it was 63%. Sporting activities which include cricket. generated an income £12,765 (excludin8 8rantsl while expenditure was £19,491 which created a loss of £6,726. If 8rants from football federation or foundation, is factored in, I loss reduced to £2,387. It is pertinent to explain these figures to understand what happened. We got £9.113 from football foundatlon but pald £11,304 to Leicester City Football Academy. The shortfall was borne by ourselves and it can be seen that the grant from Leicester Football Federation ILFFI had, once again, cushioned the loss. All our resourceful revenue centers, significantly contributed to our income base. The FS Academy produced £7,705 in 2023 while it Scored 7086 in 2022. whilethe Gym produced £8.400, a decrease of £125 over 2022. The Bingo all picked up once again, from £1,554 in 2022 to £1996 in 2023. Rent income, Raffle, and Advertisement all faired verywell.
The Tuck-shop 8enerated a profit of £3,597 in 2023, and £1,175 in 2022, it was a great improvement. Finally, it importantto state that, the overall performance was quite good this year, once again embedded in this performance is the overriding significance of Donations and grants from LFF and miscellaneous donations from C Chana and others. Just like last year, the charitws own reVenuraiSing activities alone couldn't fund Its activities and thls issue needs to be given important consideration. How can the charity remain financially independent by virtue of t own Indlgenous It is our policy that restricted funds are used exclusively for designated purposes and that unrestrlcted funds can be used on designated items of Èxpendtture a5 well other expenditure that are deem for the effective for operations of the charlty. Increase its potential. Donations The total funds from donations for restricted sources were £9,113 while unrestricted were £16,361 as shown in note 2 on page 13. The analyses of the components of different donations are 8iven in note111, which show5 NHS Trust, C Chana and other benefactors. C Chana and others, consist of a long list of donors irbcludin8, Pound land, Stacie Russel, M D Gowan. R Tucker Etc. Prlnclpal Sources of Fundlng It Is clear from financial analyses that once again the chartty had a solid record obvlously buoyed by masslve 8rants and donatlons from LCC and Football Foundatlon wrthout whom. the charity would have a precarlou5 financial sltuatlon. And again, the revenue from the Academy and Gym played a vital role in fundln8 our operatlons and It should be emphaslzed that Trustees of HFR attached great importance to thelr efflcient and effective management to ensure they remain profitable in years to come. Th15 year show introduction advert15ing income from AD Buildin8 Ltd vthlch Is a welcome development, and we would like to extend such income 8enerating activities across the area around our perlmeter. Llabllltles The total Ilabilities for year stand at £0 as obligatlons to members have been pald fully. Plans for Future Perlods The charity plans to continue Ènhancing and enriching the activities outlined above in the foreseeable future, perhaps Inltiate new activities to provide good value and satisfaction for our members. We are determined to ensure the charity shall continue to provide quality services and diversify its activities. Publlc Benefft Statement The trustees have considered the general guidance on the public benefrt issued by the charities ommission and has taken due regard of that guidance. The trustees consider they are satisfied that the charity actlvltles do provide public benefit. Reserve Pollcy It is considered vlew our reserve policy accords with relevant SORP. The charity does income does reach the threshold and no need to state it here. Ingemar Walker Interim Chairperson Board of Trustees Date; 3110312023 81Pdge
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HIGHFIELD RANGERS I report on the accounts of Highfield Rangers for the year ended 31 March 2023, which are set out on pages 9 to 14. Respective responsibllities of trustees and Independent examlner The charitrfs trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43{2) of the Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 and that an independent examination is needed. It is my responsibility to examine the accounts under section 4213llal of the Act, as mended; to follow the prixedures laid down in the General Direttions given by the Charity Commission under section 4317llbl of the Act. as amended; and to state whether a partlcular matter have come to my attentlon. Basls of Independent examlnerfs statement My examination was carried out in accordance with the General Directions given by the Charity Commi55ion, An examination includes a review of the accountin8 records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no oplnlonls given as to whether the accounts present a 'true and falr VIe and the report Is limited to those matters set out in the statement below. Independent examlnerfs statement In connectlon wlth my examlnation. no matter has come to my attention: Which 8ives me reasonable cause to believe that in any materlal respect the requirements: To keep proper accounting records in accordance with section 386 of the Companies Act 2006; and To prepare accounts which is in accordance with the accountlng records, comply wlth the accounting requirements of section 396 of the Companles Act 2c(16 and with the methods and principles of the Statement of Recommended Practite: Accountlng and Reportlng by Charities have not been met; or To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Lamin Darboe AFA AFTA ACCAlQuallfled) sonic & Co Accountant Auditing & tax Adviser 198c Uppingham Road Leicester LE5 OQG 91Page
HIGHFIELD RANGERS STATEMENT OF FINANCIAL ACTivrriES AS AT 31 MARCH 2023 Thtal Total 2028 2023 Inrn Re•0 Donations and Ltgacies Activities for generating fiJnd8 Investment income 16,361 9.113 25.474 59.069 45.771 45,771 45.760 Totsl Inconll1 re•ouree• 71.245 104 829 R••our¢• • end•d Charitable Activities c08t C08t of generating fund8 Governance cost 50.978 1.300 9.Il3 60,091 1,300 92,315 600 Total r¢•our¢• •JryKnd•d N•t Incomlng re•ouree• for th¢ y¢ar 9.854 9,854 11,909 Total Funds BIF 011412022 39.093 39,093 27,184 Total R¢ource CIF 3110312023 The Statement of Fint7ncialArtivities incorporating the Income ond expenditure) has been prepared on the busis thot all operation5 ore continuing Opert7tions. There a no recognlsed golns or losses other thon those possing through the statement offinonciol activirles. IOIPage
HIGHFIELD RANGERS BALANCE SHEEr AS AT 3110312023 Note• 31.03.2023 31.03.2022 Flxe & Other I 30.824 33,345 CuTTent A¥¥¢t• Closing Stocks 851 837 Cash in Hand & Bank Total Current A$8ets 14 10,772 Cr•dltOT• LlablUtle• falllng dn¢ wlthln one y• 15,0251 Net current asset8 Total a88et8 Fund• of th¢ ChaAty Unrestricted income fund8 The notesfrom poges IS to the endform port these accounts Approved by the trustees on the date and signed on their behalf by: Slgn: In8emar Walker Interim Chairperson Board of Trustees Date: 31/03/2023 IIIPag>e
NOTES TO THE ACCOUNfs AS AT 31ST MARCH 21123 ACCOUNTING POLICIES Basls of Preparation The financial statement has been prepared under the historical cost convention and in accordance with the statement of Recommended Accounting Practice and Reporting by Charities ISORP 20051 issued in March 2005, applicable standards and the Charities Act 2011. Incomlng Resources Conslstent with last yearfs accounting policies, this year also uses Payment and Receipts basis of Account preparation.. where revenuelfundsllncome and payments are recognized when actually received or paid. Receipts and payment are used because Highfields Rangers total income is less than £250,000 as stipulated under 5ertion 133 of Charities Act 2011. Importantly tt is easy to understand by common person. Voluntary income is the income received at point of collectlon {the Bar and Tuck-shop) or paid directly to the Bank and recorded as such with reasonable accuracy. Golng Concern The financial Statements have been prepared on a going concern basis as the trustees have confirmed that they wlll support the chartvs deficlt for the foreseeable future. Fund Accountlng poIIcy Unrestricted income funds are general fund that are avallable for use at the trustee's discretion In furtherance of the objectives of charity. Further detail of each fund is disclosed in Dote l. Revenue/Recelpts Revenue/Receipts Include all Income derlved from Bar sales, Football fees, donations, grants, members subscrlptions that provlde core funding and are of a general nature, are recognized where the entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Revenue from all income centers, Gym, Hall Rent. Income from the FSD Academy and income derlved from Events are recognized as received (that is as related goods or services provided). Income from Tuck-shop include income recognized as earned {as the related goods or services are provided} under contract. Payments The accounts were prepared on receipts and payment basis therefore liability Is incurred when SeiCe is consumed, and obligation is void when the liability is defrayed. Stock We adhere to the accounting convention where stock is valued at the lower of cost and net realisable value after due regard to obsolete and slow-moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Item donated for resale or distributlon are not Included in the financlal statement untll they are sold or distributed. 121Page
Fixed Assets Fixed assets are valued at cost plus all Incidental cost. Depreciation Is fully applied to mower machine bought last year. There were no impairment rewews and assets value did not suffer from any material damage. Llabilities Falling Due Within one year Liability brought forward consisted of loans to Maurice Christian and Moses Webb. Liabilities from Credit Unlon brought forward have been completely paid duringthe year.
Notes to the aecounts....... l. Donatlona& Legaele8 Total Total 2023 2022 Football Foundation C CHANA & OTHERS LCC CT REFUND Russels Coaching Funding Leice8ter CMF E W Cricket Trust 9113 9113 13861 30999 5203 8525 9000 13861 25C 2500 4042 1300 16361 9113 25474 59069 2. Actlvltles fr*r g¢n¢rat- In8 futtd• Total nd• Total Nots• Fund• Total 2023 TotAI 2023 2022 Profit from the Bar io 4302 4302 10513 Bookings & Rent Receivable 4063 840 Aeademy 7705 7705 7086 Bingo Income from Sporting Activ- ities 1996 1996 1524 io 12765 12765 14917 Profit from Tuckshop li 2275 2275 940 Income from the Raffle$ 1386 1386 695 Adverti8ement AG Building 2880 2880 720 Income from Gym 8400 8400 4S 771 8525 Total Resource ertded 45771 45760 141Pagye
- Co*t of generntlng funds total Total 2023 2022 Rent and Rates 5734 5734 4611 Water Cost of Sporting Activities (Football & cricket) 2724 2724 1472 19491 9113 28604 43720 Ga8 8md Eleetricity 12882 12882 7652 Telephone 728 728 505 Admin Expenses 7679 7679 33663 Donation8 Ln8urance 1740 1740 693 Total Payt8 $0978 9113 60091 92315
- Voluntary Incom• eo•t Total 2023 Total 2022 Cr•dlt Ulllon Int•T••t Co•t 15 Totsl S. Qovernance Co•t Total Total Punds 2023 2022 Prof¢ulonal-A¢¢ountaney e• 1300 1300 600 Total 1300 1300 600 151Page
HIGHFIELD RANGERS INCOME AND EXPENDITURE SUMMARY STATEMENT For Year end March 2023 Note 6 3110312023 31103I%Y23 3110312023 TotAI 3XI0312tr22 TotAI DESCRIpfIoN income fron Donation & legaeie& 16 301 9113 25 474 59 ¢9 Bar Revenue 30 619 30619 28 736 Bookin8 & Rental Income 4063 4063 FSD Aeademy 7705 7705 7086 Bingo 1996 1524 Sporting Activitie8 12 765 12 765 L4 917 Tu¢kShop Revenue 3597 3597 1 175 Ineom¢ from Rafflets 1386 1386 695 Advertiaem¢nt AO Building 2880 720 Income from Gym 8400 8400 8525 89 Tll 9113 98884 123 288 PAYFJEII Bar Cost of 8Ale8 26 317 26 317 18 223 Tuekshop C08t of leS 1322 1322 235 Rent and Rates 5734 5734 4611 Ga8 & Electricity 12 882 12 882 7652 Water 2724 2724 1472 Internet 728 728 50S Sp)rting Operational cost 19491 9113 28 604 43 720 Admin Expen8e8 7679 7679 33 663 Insurance 1740 1740 693 Accountancy Fces 1300 600 Credit union Interest cost 79 918 9113 89 031 111 379 Surplus 9854 9854 11 909 161PagFe
Notesto the a¢count Cortlnye_....-...-- Ilot¢ 7. In¢omt from donAtlon• & Iw- R¢•tr(¢ted nd8 31.03.2023 31.03.2022 NHSTRUST SPORTJNO FOUNDATION soo RUSSELS 9000 TOTAL UNRESTRICTED FUNDING C Chana & OtheT8 13861 5203 13 861 5203 LCC REFUND LCC cr REFUND 8 0¢)0 525 TOTAL LCC FUNDING 8525 TOTAL UNRESTIRCTED EQNATIONS 16 361 22 728 31/039023 81m82022 Footbdl Foundation 9113 13602 Footbd]l Foundatioft 750 Football Foundation 16647 Footba]l Foundation TOTAL RESTRICTED FUNDING 9113 80 999 Coaching FndIng Leice8ter CMF Coaching FndIng L£ice8ter CMF 2 ¢)21 2021 4042 E W Cricket Tnjst 1300 300 Restrlcted DoMt10 & lffjcle• 9113 36 341 Total Donatlon• from rectrlcted & unreltrlcted 25 474 59 069 171Page
Plote 8. Llablltles Falllng Due wltlthi I Year DESCRipfioN 31.03.2023 31.03.2022 ..- Balance BIP Trade creditors Balance of CTicket Screen Paid 5025 Total Credltor• Falllng Due wtthln olle Year 5025 Not• 10: Bar Tradlffjg A¢¢ount DE8CRIPTiori 31.03.2023 31.03.2022 TOTAL REVENUE LESS COST SALE 30 619 28 736 Bar Co¥t of sales 126 3171 118 2231 Bar (lYo** Profft 4302 10 513 riote I I: Tu¢k•hop Trnd1 Aeeounts DESCRIPTION 31.03.2023 81.03.2022 Revenue from Tuekshop Co•t ot 3597 11 3221 1 175 12351 ProfitlIL)88 2275 940 Note 12: 8portlng Aetlvltle• Tradlnz A¢¢ount• 31.03.2023 31.03.2022 Revenue from Sport8 Activitie8 Total ¢o•t of 8portlng Actfvltles Profit17 12 765 19 491 14917 31220 6727 16 303 Ilote 13. Co•tA of Ml¢• 31.03.2023 31.03.2022 Opening stock Add Fr¢hase8 785 820 26 355 18231 18 188 1£88 Closing Tock 17851 Co¥tt of t# u at 3110312021 26 317 18 223 181Page
Notes to the Accounts Cost of sales for Tuckshop 31.03.2023 opening stock Puchases Less aosing St{k 235 1115 1281 1322 Note 14: ClosSn8 stocks for Bar & Tuck Sh¢)p 31.03.2023 823 28 Tuck Shop 851 Plot• 15.. C*hln hn•d & War Cash Balances as at 31103123 DATE 31.03.2023 31.03.2023 Cash In hand & Bank 10 871 31.03.2023 Youth Account 3689 31.03.2023 CredSt Unlon 5avin8s Accounl Cash float for 8ar 2712 31.03.2023 31.03.2023 TOTAL C4SH BALANCE 17 272 191Page