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2021-08-31-accounts

2021 2020
lncoine: Sales ofsecondhand Furniture 107982 38209
0 TOF SAL
Opening Stock 9300 5600
Purchases 11540 8333
20840 13953
Less: Closing stock ~10000 ~(9300
10840 4653
Direct Cost:
Consultancy
Fee 36130 20165
Tutors &,Open day Courses 13190 (60160 9880 34698
Gross Profit 47822 3511
Other income: Grants Received 49383 29970
Donations 14000 NIL 29970
111205 33481
Less Ex
nditure:
Container &Space Rent, Water rates & insurance 15160 5623
Light & Heat 1954 1296
Telephone &Broadband 582 310
Printing,
Postage &Stationery
624 1980
insurance 3360 636
Subscription
&Fees
663 869
Motor Expenses, &Van rental 4333 4734
Travelling & Subsistence 400 478
Advertsing
& Promotion
2987 1383
GiA &Donation 11364 5200
Renovation,
Repairs &Renewal
42279 9864
Skip &Plant Hire 1136 816
Recuritment
Agency Fee
18353 4672
Commission
Paid
4053 NIL
Bookkeeping
charges
NIL 176
Accountancy
fee
675 90
Volunteer's
General Expenses
3566 314
Depreciation
Charges
1108 112597 1207 (39648
(1392) (6167)
Financial Cost
Card Machine Rental &,Charges 258 1030
Company
House
13 271) 13 1043
Surplus
/ Deficit for the Year
~1663) 7210
2021 2020
FIXEDASSETS
Tangible Assets
ONce Equpment 4 Fixtures 2490 2378
Container
for Storage
2558 5048 3119 5497
CURRENT ASSETS
Stock 10000 9300
Trade Debtors 4 Prepayments 1500 NIL
Motor Vehicle Deposit Prepaid 9500 NIL
Cash at Bank
Current Account No:
63140160 6556 25459
71415386 911 NIL
28467 34759
CURRENT LIABILITIES
Trade Creditors 18346 13946
Sundry Creditors 3413 12626
Bank Loan 14735 15000
36494 41572
CURRENT ASSETS LESS
CURRENT LIABILITIES (8027) (6813)
NET BUSINESS ASSETS (2979) ~1316)
CAPITAL RESERVE
Balance at 31-08-2020 (1316) 5894
Profit &Loss Account (1663) 7210
Balance at 31-08-2021 ~2979) ~1316