This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-12-31-accounts
|
Notes |
2021 |
|
|
2020 |
|
|
£ |
£ |
£ |
£ |
| INCOME |
|
|
|
|
|
| Insurance |
|
|
416 |
|
0 |
| ParentalDonation |
|
|
13,940 |
|
15,530 |
| ProfitfromFundRaising |
|
|
0 |
|
658 |
| Giftaid |
|
|
3,044 |
|
0 |
| Grant |
|
|
5,000 |
|
0 |
| OtherDonations |
|
|
296 |
|
0 |
| SundryIncome |
|
|
373 |
|
167 |
| ProfitonSaleofBoats |
|
|
19,308 |
|
2,220 |
|
|
|
42,377 |
|
18,575 |
| Less:-EXPENSES |
|
|
|
|
|
| OtherBoatEquipment |
|
3,979 |
|
871 |
|
| RunningCost |
|
29,824 |
|
33,584 |
|
| TrainingCampandRaceExpenses |
|
0 |
|
518 |
|
| Accountancy |
|
300 |
|
300 |
|
| Sundry |
|
622 |
|
|
58 |
|
|
|
34,725 |
|
35,331 |
|
|
|
-- |
|
|
|
|
|
7,652 |
|
{16,756) |
| Depreciation:-BoatsandEquipment |
|
|
21,586 |
|
28,132 |
|
|
|
(13,934) |
|
(44,888) |
| InterestReceived(net) |
|
|
0 |
|
0 |
| NET(DEFICIT)FORTHEYEAR |
|
|
(13,934) |
|
(44,888) |
|
|
Boats |
| 1. |
TANGIBLEFIXEDASSETS |
andEquipment |
|
|
£ |
|
Cost |
|
|
At1January2021 |
140,440 |
|
Soldinthe year |
(32,511) |
|
At31December2021 |
107,929 |
|
|
= |
|
Depreciation |
|
|
At1January2021 |
56,220 |
|
Providedintheyear |
21,586 |
|
OnSale |
(13,004) |
|
At31December2021 |
64,802 |
|
NetBookValue |
|
|
At31December2021 |
43,127 |
|
At31December2020 |
84,220 |
| 2. |
CREDITORS |
2020 |
2020 |
|
|
£ |
£ |
|
Accountancy |
300 |
600 |
|
LYRFees |
0 |
20,480 |
|
BoatRackingFees |
0 |
10,000 |
|
|
- |
--- |
|
|
300 |
31,080 |
|
Notes |
2021 |
|
|
2020 |
|
|
£ |
£ |
£ |
£ |
| INCOME |
|
|
|
|
|
| Insurance |
|
|
416 |
|
0 |
| ParentalDonation |
|
|
13,940 |
|
15,530 |
| ProfitfromFundRaising |
|
|
0 |
|
658 |
| Giftaid |
|
|
3,044 |
|
0 |
| Grant |
|
|
5,000 |
|
0 |
| OtherDonations |
|
|
296 |
|
0 |
| SundryIncome |
|
|
373 |
|
167 |
| ProfitonSaleofBoats |
|
|
19,308 |
|
2,220 |
|
|
|
42,377 |
|
18,575 |
| Less:-EXPENSES |
|
|
|
|
|
| OtherBoatEquipment |
|
3,979 |
|
871 |
|
| RunningCost |
|
29,824 |
|
33,584 |
|
| TrainingCampandRaceExpenses |
|
0 |
|
518 |
|
| Accountancy |
|
300 |
|
300 |
|
| Sundry |
|
622 |
|
|
58 |
|
|
|
34,725 |
|
35,331 |
|
|
|
-- |
|
|
|
|
|
7,652 |
|
{16,756) |
| Depreciation:-BoatsandEquipment |
|
|
21,586 |
|
28,132 |
|
|
|
(13,934) |
|
(44,888) |
| InterestReceived(net) |
|
|
0 |
|
0 |
| NET(DEFICIT)FORTHEYEAR |
|
|
(13,934) |
|
(44,888) |
|
|
Boats |
| 1. |
TANGIBLEFIXEDASSETS |
andEquipment |
|
|
£ |
|
Cost |
|
|
At1January2021 |
140,440 |
|
Soldinthe year |
(32,511) |
|
At31December2021 |
107,929 |
|
|
= |
|
Depreciation |
|
|
At1January2021 |
56,220 |
|
Providedintheyear |
21,586 |
|
OnSale |
(13,004) |
|
At31December2021 |
64,802 |
|
NetBookValue |
|
|
At31December2021 |
43,127 |
|
At31December2020 |
84,220 |
| 2. |
CREDITORS |
2020 |
2020 |
|
|
£ |
£ |
|
Accountancy |
300 |
600 |
|
LYRFees |
0 |
20,480 |
|
BoatRackingFees |
0 |
10,000 |
|
|
- |
--- |
|
|
300 |
31,080 |
|
|
|
2021 |
2020 |
|
Notes |
|
£ |
£ |
| Tangible Fixed Assets |
1 |
|
43,127 |
84,220 |
| CurrentAssets |
|
|
|
|
| Cash at Bank |
|
10,260 |
|
13,881 |
| Less: - Currentliabilities |
|
|
|
|
| Creditors |
2 |
300 |
|
31,080 |
|
|
|
9,960 |
(17,199) |
| NETASSETS |
|
|
53,087 |
67,021 |
|
|
|
|
= |
| Represented by |
|
|
|
|
Retained earnings
Reserve |
3 |
|
(5,913)
109,000 |
(41,979)
109,000 |
|
|
|
53,087 |
67,021 |
|
Notes |
|
2021 |
|
2020 |
|
|
£ |
£ |
£ |
£ |
| INCOME |
|
|
|
|
|
| Insurance |
|
|
416 |
|
0 |
| Parental Donation |
|
|
13,940 |
|
15,530 |
| Profit from Fund Raising |
|
|
0 |
|
658 |
| Gift aid |
|
|
3,044 |
|
0 |
| Grant |
|
|
5,000 |
|
0 |
| Other Donations |
|
|
296 |
|
0 |
| Sundry Income |
|
|
373 |
|
167 |
| Profit on Sale of Boats |
|
|
19,308 |
|
2,220 |
|
|
|
42,377 |
|
18,57S |
| Less: - EXPENSES |
|
|
|
|
|
| Other Boat Equipment |
|
3,979 |
|
871 |
|
| Running Cost |
|
29,824 |
|
33,584 |
|
| Training Camp and Race Expenses |
|
|
0 |
518 |
|
| Accountancy |
|
|
300 |
300 |
|
| Sundry |
|
622 |
|
58 |
|
|
|
|
34,725 |
|
35,331 |
|
|
|
7,652 |
|
(16,756) |
| Depreciation: - Boats and Equipment |
|
|
21,586 |
|
28,132 |
|
|
|
(13,934) |
|
(44,888) |
| Interest Received (net) |
|
|
0 |
|
0 |
| NET(DEFICIT) FOR THE YEAR |
|
|
(13,934) |
|
(44,888) |
|
|
Boats |
| 1. |
TANGIBLE FIXED ASSETS |
and Equipment |
|
|
£ |
|
Cost |
|
|
At 1 January 2021 |
140,440 |
|
Sold intheyear |
(32,511) |
|
At 31 December 2021 |
107,929 |
|
Depreciation |
|
|
At 1 January 2021 |
56,220 |
|
Provided inthe year |
21,586 |
|
On Sale |
(13,004) |
|
At31 December 2021 |
64,802 |
|
Net Book Value |
|
|
At 31 December 2021 |
43,127 |
|
At 31 December 2020 |
=
84,220 |
| 2. |
CREDITORS |
2020 |
2020 |
|
|
£ |
£ |
|
Accountancy |
300 |
600 |
|
LYR Fees |
0 |
20,480 |
|
Boat Racking Fees |
0 |
10,000 |
|
|
- |
--- |
|
|
300 |
31,080 |
|
|
|
= |
| 3. |
RESERVE |
|
|