2024-01-31-accounts

Valley Youth Vibe Income Statement

INCOME
Rossendale Borough Council – grant	250.00
Donation – L Greenhalgh	42.00
Fundraising income	197.00
Donation from Mayor’s charitable fund	275.00
Bank interest	272.91
	_______
	1,036.91

EXPENDITURE
General Exp	477.90
Volunteer – Youth Worker	840.00
Insurance	288.17
Web Hosting Exp	119.95
		_______
		1,726.02
PROFIT/(LOSS) IN YEAR		(689.11)

Valley Youth Vibe Balance Sheet 31 Jan 24

ASSETS	2024
CURRENT ASSETS
Bank& Cash	5,917.20
AccountsReceivable
Inventory
PrepaidExpenses
Short Term Investments
TOTAL CURRENT ASSETS	5,917.20
FIXED(LONG-TERM)ASSETS
Long-Term Investments
Property,Plant,and Equipment
(Less Accumulated Depreciation)
Intangible Assets
TOTAL FIXED (LONG-TERM) ASSETS	-
OTHER ASSETS
DeferredIncomeTax
Other
TOTAL OTHER ASSETS	-
TOTAL ASSETS	5,917.20

LIABILITIES AND EQUITY	2024
CURRENT LIABILITIES
AccountsPayable
Short-Term Loans
IncomeTaxesPayable
Accrued Salaries andWages
UnearnedRevenue
Current Portionof Long-Term Debt
TOTAL CURRENT LIABILITIES	-
LONG-TERM LIABILITIES
Long-term debt
Deferred income tax
Other
TOTAL LONG-TERM LIABILITIES	-
OWNER’S EQUITY
Owner’sInvestment
RetainedIncome	5,917.20
Other
TOTAL EQUITY	5,917.20