| The John Clements Sports and Community | Trust |
Co. No. | 07378413 |
|---|---|---|---|
| CC No. 1139009 | |||
| Trading Income and Expenditure Account |
y/e | 31.03.2022 y/e | |
| 31.03.2021 | |||
| £ | |||
| £ | |||
| Bar Sales | 45,046 | ||
| 10,897 | |||
| Cost of Sales | 25,549 | ||
| 4,659 |
|||
| Gross proft | 19,497 | ||
| 6,328 | |||
| Membership Fees | 4,195 | ||
| 2,950 | |||
| Letting Fees | 6,148 | ||
| 2,026 | |||
| Other Income | 14,044 |
||
| 24,569 |
|||
| Net Income | 43,884 | ||
| 35,783 | |||
| Expenses and Overheads | |||
| Utilities | 2.116 | ||
| 4,078 | |||
| Security | 1,983 | ||
| 1,011 | |||
| Wages | 11,215 | ||
| 8,028 | |||
| Licences & PPL Fees | 142 | ||
| 634 | |||
| Insurance | 865 | ||
| 2,181 | |||
| TV /Tel. Rentals | 6,097 | ||
| 2,032 |
| Refuse 1,258 Web site 960 Hygiene services 1,464 Heating Fuel 1,038 Card Services/Epos 1,432 Others (maintenance/contracts/ Total Expenses and Overheads 27,500 Operating Proft 8,263 Balance Sheet 31.03.2021 Current Assets £ Stock 2,140 Cash at Bank 148,558 Total Assets 150,698 Current Liabilities Sundry Creditors 3,309 Current Liabilities 3309 Retention Fee |
1,032 774 1,484 2,546 2,018 capex/ grants6,250 39,502 4,382 31.03.2022 £ 3,150 15,669 19,232 4044 4044 5922 |
2,358 |
|---|---|---|
Net Assets 21,110 147,389
Annual Report and Small Company Audit Exemption
Revenues rose in the first half year from higher membership and hire fees . There was then a drop in revenues from September to March 2002 due to the re-emergence of the Omicron variant. The Trust also benefited in the year from Government support to the hospitality sector. Major areas of cost increases were in bar purchases, wages, return of TV costs and minor capex and grant awards. Outside of normal trading the Trust received £129,000 in new funds for an Upstairs Development which was completed and paid for during the financial year and these are accounted for in the cash at bank figures above.
For the year ending 31/03/2022, 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 ) 10/11/2022