Profit and Loss
Frome Powerchair Football Club
For the period 15 March 2022 to 31 July 2023
| Profit and Loss Frome Powerchair Football Club For the period 15 March 2022 to 31 July 2023 |
|
|---|---|
| 15 MAR 2022-31 | |
| JUL 2023 | |
| Turnover | |
| Membership | 2,680.00 |
| Total Turnover | 2,680.00 |
| Other Income | |
| Donations | 1,015.00 |
| Grant Income | 2,723.00 |
| Kit Sales | 361.50 |
| Total Other Income | 4,099.50 |
| Gross Profit | 2,680.00 |
| Administrative Costs | |
| Affiliation | 210.00 |
| Depreciation Expense | 1,073.94 |
| General Expenses | 416.83 |
| Insurance | 459.65 |
| Kit Purchases/Manufacturing | 516.46 |
| Printing & Stationery | 84.00 |
| Repairs & Maintenance | 277.98 |
| Sports Hall Hire | 2,688.00 |
| Staff Training | 30.00 |
| Subscriptions | 180.00 |
| Tournament Cost | 200.00 |
| Training/Coaching | 2,483.00 |
| Total Administrative Costs | 8,619.86 |
| Operating Profit | (5,939.86) |
| Profit after Taxation | (5,939.86) |
22 Aug 2024 Page 1 of 2
Annual Report Frome Powerchair Football Club
Balance Sheet
Frome Powerchair Football Club As at 31 July 2023
| Balance Sheet Frome Powerchair Football Club As at 31 July 2023 |
Balance Sheet Frome Powerchair Football Club As at 31 July 2023 |
|---|---|
| 31 JUL 2023 | |
| Fixed Assets | |
| Tangible Assets | |
| Powerchairs & Attachments 3,441.99 |
|
| Less Accumulated Depreciation on Powerchairs & Attachments (875.92) |
|
| Other Equipment 1,360.00 |
|
| Less Accumulated Depreciation on Other Equipment (192.66) |
|
| Tools & Equipment 29.22 |
|
| Less Accumulated Depreciation on Tools & Equipment (5.36) |
|
| Total Tangible Assets 3,757.27 |
|
| Total Fixed Assets 3,757.27 Current Assets |
|
| Cash at bank and in hand | |
| Current Account 4,775.55 |
|
| Total Cash at bank and in hand 4,775.55 |
|
| Accrued Income 195.00 |
|
| Prepayments 1,080.00 |
|
| Total Current Assets 6,050.55 Creditors: amounts falling due withinone year |
|
| Accounts Payable 1,831.00 |
|
| Income in Advance 800.00 |
|
| Total Creditors: amounts falling due within one year 2,631.00 |
|
| Net Current Assets (Liabilities) 3,419.55 |
|
| Total Assets less Current Liabilities 7,176.82 |
|
| Net Assets 7,176.82 Capital and Reserves |
|
| Current Year Earnings (671.87) |
|
| Retained Earnings 7,848.69 |
|
| Total Capital and Reserves 7,176.82 |
Bank Balance of of today 9th August 2023 - £3,824.55
22 Aug 2024 Page 2 of 2
Annual Report Frome Powerchair Football Club