2024-03-31-accounts

BALANCE SHEEr 31.3.2024 31.3.2023 CURRENT ASSETS Stock 4.736 Cash at Bank 33.747 31.667 Sundry Creditors / Liabilities (5213) (4277) TOTAL 33270 31.190 P&L ACCOUNT Brought Forward 31.190 15.188 Profft 2,080 16.002 TOTAL 33.270 31.158 Annual Report and Small Company Audit Exemption Revenues rose with higher sales, membership and letting fees offsetting lower external funding. Basic costs rose with inflation and there were additional cost increases from a decision to pay bar staff at weekends and on special events and further cost increases were incurred as grant funding restarted, selected investments were made to improve and renew assets and the Trust paid VAT for the first time. Outside of trading the Trust received £24,000 less in funding support as Covid disappeared but was still able to pay off £12,492 of a £50,0(K) loan leaving £29,175 to be paid. For the year ending 31/03/2024, the company was entitled to exemption from audit under section 477 of the Companies Art 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 he companies ject small companies regime 6 1•4J DIRECTOR .' signed_--......... .............. .... ... ........-.-.-.-.. (J F H PARK) 11/06/2024