| Company Information |
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|---|---|---|---|
| Dli'actors' Repoi t |
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| Accountant's Report |
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| Income and Expenditure | Account | ||
| Balance Sheet | |||
| Notes to the Finanoal | Statements | ||
| The following pages do |
not form part of the statutory | accounts. |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | 6 | |||
| Cost of sales | (947) | |||
| GROSS DEFICIT | (947) | |||
| Administrative | expenses | (44,281) | (35,946) | |
| Other operatmg | income | 68,616 | 45,465 | |
| OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
23,388 | 9,519 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||||
| FIXED | ASSETS | |||||||||
| Tangible | Assets | 50,110 | 51,720 | |||||||
| 50,110 | 51,720 | |||||||||
| CURRENT ASSETS | ||||||||||
| Cash at | bank and | in | hand | 59,332 | 27,952 | |||||
| 5g 332 | 27,852 | |||||||||
| Creditors: Amounts Year |
Falling | Due Within One | (10,119) | (3,637) | ||||||
| NET CURRENT ASSETS | (LIABILITIES) | 49,213 | 24,215 | |||||||
| TOTAL | ASSETS | LESSCURRENT LIABILITIES | 99,323 | 75,935 | ||||||
| NET ASSETS | 99,323 | 75,935 | ||||||||
| Income | and Expenditure | Account | 99,323 | 75,935 | ||||||
| MEMBERS' FUNDS | 99,323 | /5 935 |
| Average number of employees, including directors, durin 3, Tangible Assets |
g the year was as follows: 2 (2020: 2) |
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|---|---|---|---|
| Land lk |
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| Property | |||
| Leasehold | Fixtures B | Total | |
| Fittings | |||
| Cost | |||
| As at I June 2020 | 47,334 | 13,274 | 60,608 |
| As at 31 May 2021 | 47,334 | 13,274 | 60,608 |
| Depreciation | |||
| As at I June 2020 | 6,05S | 2,830 | 8,888 |
| Provided dunng the period |
947 | 663 | 1,610 |
| As at 31 flay 2021 | 7,005 | 3,493 | 10,498 |
| Net Book Value | |||
| As at 31 May 2021 | 40,329 | 9,781 | 50,110 |
| As at I )une 2020 | 41,2?6 | 10,444 | 51,720 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| COST OF SALES | |||||||||
| Depreciation of leasehold |
land | and property | 947 | ||||||
| (947) | |||||||||
| GROSS DEFICIT | (947) | ||||||||
| Administrative Expenses |
|||||||||
| Wages and salanes | 19,035 | 12,086 | |||||||
| Employers pensions |
—defined | contributions | scheme | 292 | 239 | ||||
| Rent | 8,000 | 8,000 | |||||||
| Light and heat | 6,272 | 7,451 | |||||||
| Water rates | 121 | 119 | |||||||
| Repairs and maintenance | 554 | 500 | |||||||
| Insurance | 733 | 774 | |||||||
| Prmting, postage and stationery |
264 | 300 | |||||||
| Telecommunications | and | data | costs | 4?3 | 861 | ||||
| Accountancy fees |
95Q | 920 | |||||||
| Consultancy fees |
5,0QQ | 2,170 | |||||||
| Depreoation of fixtures |
and | fittings | 663 | 663 | |||||
| Depreciation of leasehold |
land | and property | 947 | ||||||
| Sundry expenses |
1,924 | 916 | |||||||
| (44,281) | |||||||||
| Other Operating Income |
|||||||||
| Grants and subsidies |
received | 59,116 | 6,313 | ||||||
| Other income —contributing |
to other operating | income | 9,500 | 39,152 | |||||
| 68,616 | |||||||||
| OPERATING SURPLUS YEAR |
AND | SURPLUS FOR | THE FINANCIAL | 23,388 |