The John Clements Sports and Community Trust Co. No. 07378413
CC No. 1139009 Trading Income / Expenditure Account y/e 31/03/2023 31.03.2022 £ £ Sales 101,005 45,046 Cost of Sales 53,561 25,549 Gross profit 47,444 19,497 Membership Fees 5,235 4,195 Letting Fees 14,383 6,148 . Other Income 32,413 14,044 Net Income 99,475 43,884 . Expenses and Overheads Utilities 6,751 2,116 Security 2,181 1,983 Wages 12,686 11,215 Licences PPL Fees 1,069 142 Insurance 1,281 865 TV /Tel. Rentals 7,184 6,097 Refuse 2,392 1,032 Web site 1,271 774 Hygiene services 1,418 1,484 Heating Fuel 3,879 2,546 Card services/bank costs 3,118 2,018 Others (retention fee , loan repayment 40,242 6,250 add. running /asset refurb) Total Expenses and Overheads 83,473 39,502 Operating Profit 16,002 4,382
The John Clements Sports and Community Trust Co.No. 07378413
CC. No. 1139009 Balance Sheet 31.03.2023 31.03.2022 Current Assets £ £ Stock 3,800 3,500 Cash at Bank 31.667 15,732 Sundry Creditors/Liabilities (4,277) (4,044) Total 31,190 15,188 P&L Account B/Fwd from previous years 15,188 10,806 Profit 16,002 4,382 Total 31,190 15,188
Revenues rose with higher sales ,membership and letting fees and external funding. There were cost increases from suppliers recovering their costs. Outside of trading the Trust received £29,000 of funding to support recovery from Covid which helped pay the builders retention fee of £5,922 , allowed assets to be renewed at a cost of £15,000 ,
For the year ending 31/03/2023, 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 the companies subject small companies regime
DIRECTOR : signed …………………………………………………………( J F H PARK ) 11 /07/2023