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 |