Public
Pimlico Chess Club: Provisional Accounts for 2022/23
Opening Balance = £3,839 as at 1[st] August 2022 Closing Balance* = £2,313 as at 31[st] July 2023
*£500 paid for the hire of the hall for Pimlico Chess Club on 1[st] August 2022
Income
Members’ subscriptions = £875
Summer Tournament = £1,700
Hall hire by other London chess clubs = £2,520
Total income = £5,095
Expenditure
Hall hire by Pimlico Chess Club = £3,600
Summer Tournament Prizes = £1,205
Insurance = £243
Chess League fees = £54
Total expenditure = £5,102
Balance Sheet
The total value of assets of Pimlico Chess Club is estimated at £1,000 (i.e. value of chess sets and clocks) plus the cash balance of £2,313. Therefore, the total assets were estimated at approximately £3,300 as at 31[st] July 2023.
Notes
1. The accountancy period runs from 1[st] August 2022 to 31[st] July 2023
2. Some payments for the summer tournament and the hire of the hall were made to and by Pimlico Chess Club after this accountancy period.