## **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**|