ALLSORTS PRESCHOOL UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
ALLSORTS PRESCHOOL UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Business information | 3 |
| Approval of the accounts | 4 |
| Profit and loss account | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
- 2 -
ALLSORTS PRESCHOOL BUSINESS INFORMATION
Proprietor
Business address
Allsorts Preschool (Underwood) Underwood Community Centre Church Lane Underwood Nottinghamshire NG16
Underwood Community Centre Church Lane Underwood Nottinghamshire NG16
- 3 -
ALLSORTS PRESCHOOL APPROVAL OF THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
I approve these accounts, comprising the Profit and Loss account, the Balance Sheet and the related notes. I confirm that I have made available all relevant records and information.
...............................................................
- 4 -
ALLSORTS PRESCHOOL PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Turnover | 50,553 | 45,929 |
| Cost of sales | (6,097) | (1,968) |
| Gross profit | 44,456 | 43,961 |
| Expenses | ||
| Wages, salaries and other staff costs | 39,750 | 23,718 |
| Rent, rates, power and insurance costs | 5,467 | 6,386 |
| Repairs and renewals of property and equipment | - | 3,450 |
| Phone, fax, stationery and other office costs | - | 720 |
| Accountancy, legal and other professional fees | 540 | 288 |
| Other business expenses | 35 | 788 |
| 45,792 | 35,350 | |
| (Loss)/profit | (1,336) | 8,611 |
- 5 -
ALLSORTS PRESCHOOL BALANCE SHEET AS AT 5 APRIL 2023
| Notes Current assets Bank/building society balances Other current assets and prepayments Current liabilities Other liabilities and accruals Net current assets Net assets Capital account Balance at start of period Net (loss)/profit Drawings |
2023 £ 11,326 754 12,080 714 11,366 11,366 16,167 (1,336) (3,465) 11,366 |
2022 £ 16,191 - |
|---|---|---|
| 16,191 | ||
| 24 | ||
| 16,167 | ||
| 16,167 | ||
| 21,147 8,611 (13,591) |
||
| 16,167 |
- 6 -
ALLSORTS PRESCHOOL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023
1 Accounting policies
Accounting basis
The accounts have been prepared under the historical cost convention and in accordance with UK Generally Accepted Accounting Practice.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
- 7 -