## **KINGSBRIDGE & DISTRICT M** 

## **ACCOUNTS for the period 1/3/21 to 28/2/2** 

## **Receipts & Payments** 

|**Receipts**|**& Payments**||||||
|---|---|---|---|---|---|---|
||||**21/22**|||**20/21**|
|||**Notes**|**£**|**£**|**£**|**£**|
|**Receipts**|**Grants**|**1**|**0**|||**200**|
||**Donations**|**2**|**185**|||**1,000**|
||**Contributions**|**3**|**331**|||**364**|
||**Subscriptions**|**4**|**300**|||**175**|
||**Sales**|**5**|**1,450**|||**200**|
||**Misc**||**0**|||**100**|
|**Total**|**Receipts**|||**2,266**|||
|**Payments**|**Materials**|**6**|**1,991**|||**1,775**|
||**Fitting & Maintenance**||**0**|||**614**|
||**Services**||**105**|||**117**|
||**Utilities**||**258**|||**200**|
||**Insurance**||**378**|||**388**|
||**Stationery**||**10**|||**0**|
||**Subscriptions**||**24**|||**24**|
||**Depreciation**|**7**|**503**|||**696**|
||**Bank Charges**||**11**|||**0**|
|**Total**|**Payments**|||**3,280**|||
|**SURPLUS/(DEFICIT)**|||||**(1,014)**||





IENS SHED
2.039
3.814
(1.775)

## **KINGSBRIDGE & DISTRICT MENS** 

|**Statement of Assets & Liabilities**|**Statement of Assets & Liabilities**|**Statement of Assets & Liabilities**|**02/28/2022**||**02/28/2021**|
|---|---|---|---|---|---|
|||**Notes**|**£**||**£**|
|**Assets**|**Current assets**|||||
||**Current account**||**4,607**||**5,238**|
||**Fixed assets**|||||
||**Equipment**||**2,013**||**2,396**|
||**Total assets**|||**6,620**|**7,634**|
|**Liabilities**|||**Nil**||**Nil**|
|**TOTAL**|**NET ASSETS**|||**6,620**|**7,634**|
|**Reserves                            b/f**|||**7,634**||**9,409**|
|**Surplus/(Defcit)**|||**(1,014)**||**(1,775)**|
|**TOTAL**|**RESERVES**|**8**||**6,620**|**7,634**|



## **Notes to the accounts** 

## **NOTES** 

- **1 All receipts are unrestricted and grants are funds from government and local public organisations** 

- **2 Donations are receipts from local companies and individuals** 

- **3 Contributions represent the charges made to community projects** 

- **4 Subscriptions are funds received from the membership** 

- **5 Sales are receipts for items either refurbished or manufactured and sold** 

- **6 Materials includes raw materials plus items of equipment not listed under** 

- **7 Expenditure on equipment was £120 which is depreciated 20% on a straight line basis. The figure for depreciation includes prior years** 

- **8 The policy for holding reserves stems from the need to :- A) Fund working capital** 

   - **B) Fund unexpected expenditure when unplanned events occur** 

   - **C) Fund shortfalls in income.** 



**Peter Richardson** 

## **Graham Smith** 

**20th March 2022** 

**Treasurer & Trustee** 

**Chairman & Trustee** 



SHED
r assets