|**The John Clements Sports and Community**|**Trust**
|**Company**|
|---|---|---|
|**number 07378413**|||
|**CC no.1139009**|||
|**Trading Income and Expenditure Account**
|**y/e**|**31.03.2021**|
|**y/e 31.03.2020**
|||
|||**£**|
|**£**|||
|**Bar Sales**||**10,897**|
|**69,692**|||
|**Cost of Sales**||**4,659**|
|**39,959**
|||
|**Gross proft**||**6,328**|
|**38,733**|||
|**Membership Fees**||**2,950**|
|**4,025**|||
|**Letting Fees**||**2,026**|
|**10,443**|||
|**Other Income**||**24,569**|
|**-**|||
|**Net Income**||**35,783**|
|**53,201**|||
|**Expenses and Overheads**|||
|**Utilities**||**4,078**|
|**5,685**|||
|**Security**||**1,011**|
|**1,825**|||
|**Wages**||**8,028**|
|**13,084**|||
|**Licences & PPL Fees**||**834**|
|**1,391**|||
|**Insurance**||**2,181**|
|**2,265**|||
|**TV /Tel. Rentals**
**6,836**
**Refuse**
**1,893**
**Web site**
**960**
**Hygiene services**
**1,654**
**Heating Fuel**
**1,021**
**Card Services/EPOS**
**966**
**Cofee machine/supplies**
**3,463**
**Others ( maintenance / contracts etc )**
**2,549**
**Total Expenses and Overheads**
**43,592**
**Operating Proft**
**9,609**
**Balance Sheet**
**31.03.2021**
**31.03.2019**
**Current Assets**
**£**
**£**
**Stock 2140**
**4.382**
**Cash at Bank 148,558**
**63,795**
**Total Assets 150,698**
**68,177**
**Current Liabilities**
**Sundry Creditors 3,309**
**3,446**|**2,032**
**1,258**
**960**
**1,464**
**1,038**
**1,432**
**1,046**
**2,358**
**_27,520_**
**8,263**
|
|---|---|
## **Net Assets 147,389 64,731**
## **Annual Report and Small Company Audit Exemption**
Trading performance this year was significantly down on the previous year due to lower bar sales, as a result of total closure due to Covid -19 from March to mid July 2020 which also impacted negatively on letting and membership fees.
Costs were also held down with lower stocks , no TV fees during closure and success in negotiating lower temporary costs with a number of suppliers .
Job retention grants , a coronavirus community support fund and national restriction support grants were sought which all contributed to ensuring welcome income over this period of total or partial closure, enabling us to keep open our plans for an Upstairs Development
Reserves also continued to be built to fund the Upstairs Development through donations from residents and continual fresh approaches to outside funders.
For the year ending 31/03/2020, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476.of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the micro entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime
_DIRECTOR : signed …………………………………………………………( J F H PARK ) 14/08/2019_