|**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_