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2023-01-31-accounts

Valley Youth Vibe Income Statement

INCOME
Income 8,222.26
Donation from the Mayor's Charitable Fund 250.00
Tombola takings 500.31
Bank Interest 58.55
9,031.12
EXPENDITURE
Advert 240
Computer Exp 749
Repairs 113.75
Volunteer - Youth Worker 898.77
Membership 75
General Exp 349.61
- 2,426
PROFIT/LOSS IN YEAR 6,605

Valley Youth Vibe Balance Sheet 31-Jan-23

ASSETS 2023
CURRENT ASSETS
Bank & Cash 6,604.99
Accounts Receivable -
Inventory
Prepaid Expenses
Short-Term Investments
TOTAL CURRENT ASSETS 6,604.99
FIXED (LONG-TERM) ASSETS
Long-Term Investments
Property,Plant,and Equipment
(Less Accumulated Depreciation)
Intangible Assets
TOTAL FIXED (LONG-TERM) ASSETS -
OTHER ASSETS
Deferred Income Tax
Other
TOTAL OTHER ASSETS -
TOTAL ASSETS 6,604.99
LIABILITIES AND EQUITY 2023
CURRENT LIABILITIES
Accounts Payable
Short-Term Loans
Income Taxes Payable
Accrued Salaries and Wages
Unearned Revenue
Current Portion of Long-Term Debt
TOTAL CURRENT LIABILITIES -
LONG-TERM LIABILITIES
Long-term debt
Deferred income tax
Other
TOTAL LONG-TERM LIABILITIES -
OWNER'S EQUITY
Owner's Investment
Retained Income 6,604.99
Other
TOTAL EQUITY 6,604.99