PLAYMATES CLUB
INCOME & EXPENDITURE ACCOUNT
AS AT 31st AUGUST 2024
PRODUCED BY P&L ACCOUNTANCY 51 High Street, Mold, Flintshire, CH7 1BQ
PLAYMATES
ACCOUNTANTS REPORT YEAR ENDED 31ST AUGUST 2024
I have prepared the attached Trading Profit & Loss Account and Balance Sheet from the records and information supplied to me by my clients and I certify the same to be in accordance therewith.
In my opinion, these accounts give a true & fair view of the trading operation during this financial year.
MBOSTOCK
…………………………………………………………………. 21st March 2025
Mark Bostock (FCCA) Association of Chartered Certified Accountants
P&L Accountancy 51 High Street Mold Flintshire CH7 1BQ
Playmates
Profit And Loss Account For the year ended 31 August 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Income | Cash Receipts | 34,315 | 33,073 | ||||
| Fees | 3,669 | 4,612 | |||||
| Interest receivable | 43 | 19 | |||||
| 38,028 | 37,703 | ||||||
| Gross Profit | 38,028 | 37,703 | |||||
| Expenses | Accountancy fees | -275 | -550 | ||||
| Depreciation | -200 | 0 | |||||
| Employers NI | -593 | -486 | |||||
| Food | -927 | -877 | |||||
| Insurance | 0 | -870 | |||||
| Play Equipment | -1,749 | -872 | |||||
| Rent | -3,000 | -4,000 | |||||
| Repairs and maintenance | -244 | 0 | |||||
| Stationery and printing | -18 | -32 | |||||
| Sundry | -468 | -2 | |||||
| Wages and salaries | -26,225 | -28,153 | |||||
| -33,700 | -35,842 | ||||||
| Net profit | 4,328 | 1,861 |
Playmates Balance Sheet As at 31 August 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| FA - equipment, fixtures & fittings | Cost - additions | 800 | 0 | ||||
| Depn - charge | -200 | 0 | |||||
| 600 | 0 | ||||||
| 600 | 0 | ||||||
| Bank | Current account | 27,156 | 22,892 | ||||
| Deposit account | 4,176 | 4,133 | |||||
| 31,333 | 27,024 | ||||||
| 31,333 | 27,024 | ||||||
| Creditors | PAYE and NI | -1,052 | -471 | ||||
| Wage Control | 57 | 57 | |||||
| -994 | -414 | ||||||
| Net assets | 30,938 | 26,610 | |||||
| £ | £ | ||||||
| Capital redemption reserve | Brought forward | 15,465 | 15,465 | ||||
| 15,465 | 15,465 | ||||||
| Profit and loss account | Brought forward | 11,145 | 9,285 | ||||
| Net profit | 4,328 | 1,861 | |||||
| 15,473 | 11,145 | ||||||
| Total funds | 30,938 | 26,610 |
PLAYMATES
| STATEMENT NO: | 009/2024 | |||
|---|---|---|---|---|
| STATEMENT DATE: | 31.08.24 | |||
| DEBIT | CREDIT | |||
| Balance as per Bank Statement | Current | £29,747.34 | ||
| Total | £29,747.34 | |||
| Amounts paid but not credited: | ||||
| Amounts to be Written Off (2019) | £110.50 | |||
| £0.00 | ||||
| £29,857.84 | ||||
| Less Unpresented Cheques : | ||||
| 023002 | £35.75 | |||
| Direct Payment | £1,000.00 | |||
| 023015 | £1,000.00 | |||
| 023067 | £665.60 | |||
| £2,701.35 | ||||
| Balance as per Account : | £27,156.49 | |||
| Balance as per Balance Sheet | £27,156.49 | |||
| £0.00 |