Pimlico Chess Club
Provisional Accounts for 2019/20
Opening Balance = £1,948.15 as at 1[st] August 2019
Income
Members’ Subscriptions £1,817.00 Hall Hire £1,099.00 Total = £2,916.00
Expenditure
Hall Hire £3,000.00 Insurance £ 174.41 ECF Fees £ 96.00 League Fees £ 61.00 Summer Tournament Prizes £ 20.00 Other £ 60.00 Total = £3,411.41
Deficit = £495.41
Closing Balance = £1,452.74 at 31[st] July 2020
Balance Sheet
The total value of the assets of Pimlico Chess Club is estimated at £1,000 (i.e. the chess sets and clocks) plus the cash balance of £1,452.74 and an additional £240 for room hire paid in advance. As at 31[st] July 2020, the total assets were estimated to be approximately £2,700 with no liabilities.
Notes
-
The Accounting period runs from 1[st] August 2019 to 31[st] July 2020.
-
Some payments for the hire of the hall were made to Pimlico CC after the accounting period.
-
The impact of the pandemic meant that there were no chess activities from mid-
-
March 2020.
Pimlico Chess Club
Provisional Accounts for 2019/20
Opening Balance = £1,948.15 as at 1[st] August 2019
Income
Members’ Subscriptions £1,817.00 Hall Hire £1,099.00 Total = £2,916.00
Expenditure
Hall Hire £3,000.00 Insurance £ 174.41 ECF Fees £ 96.00 League Fees £ 61.00 Summer Tournament Prizes £ 20.00 Other £ 60.00 Total = £3,411.41
Deficit = £495.41
Closing Balance = £1,452.74 at 31[st] July 2020
Balance Sheet
The total value of the assets of Pimlico Chess Club is estimated at £1,000 (i.e. the chess sets and clocks) plus the cash balance of £1,452.74 and an additional £240 for room hire paid in advance. As at 31[st] July 2020, the total assets were estimated to be approximately £2,700 with no liabilities.
Notes
-
The Accounting period runs from 1[st] August 2019 to 31[st] July 2020.
-
Some payments for the hire of the hall were made to Pimlico CC after the accounting period.
-
The impact of the pandemic meant that there were no chess activities from mid-
-
March 2020.