| RECEIPTS | AND | PAYMENTS ACCOUNT | PAYMENTS ACCOUNT | PAYMENTS ACCOUNT | ||
|---|---|---|---|---|---|---|
| Forthe | earended | 31 Au ust2020 | ||||
| Restricted | Unrestricted | |||||
| Fund | Fund | |||||
| 2020 | 2019 | |||||
| RECEIPTS | ||||||
| Grants and Donations | 1,000 | 975 | 1,341 | |||
| Covid-19 grant from FDC | 10,000 | |||||
| Sales ofBooks and Other Goods | 15800 | 26295 | ||||
| TOTAL RECEIPTS | 1,000 | 26,775 | 27,636 | |||
| PAYMENTS | ||||||
| Cost ofSales | ||||||
| Purchases ofGoods for resale Stocks at01.09.2019 Stocks at 31.08.2020 |
9,996 25,527 L24828) |
17,363 27,271 L25527) |
||||
| 10,695 | 19,107 | |||||
| Rent Rates |
1,000 | 5,000 | 6,000 | |||
| Lighting and Heating Costs |
1,273 | 1,770 | ||||
| Insurance | 639 | 671 | ||||
| Shop Repairs and Maintenance | 188 | 99 | ||||
| Music License | 430 | 787 | ||||
| Telephone and Internet |
342 | 329 | ||||
| Stationery, Postages and Sundries |
342 | 491 | ||||
| Bank Charges | 397 | 520 | ||||
| Accountancy Fees |
576 | 660 | ||||
| Fixed asset purchases | ||||||
| Conference Expenses |
||||||
| Staff wages | 40 | |||||
| Income tax paid | 263 | |||||
| Donations | 30 | |||||
| TOTAL PAYMENTS | 1,000 | 19,912 | 30,738 | |||
| NET RECEIPTS PAYMENTS | for the year | 6,863 | (3,102) | |||
| ACCUMULATED FUND at 31 |
August 2019 | 36284 | 39386 | |||
| ACCUMULATED FUNDS at 31 August 2020 |
43,147 | 36,284 |
| STATEMENT OFASSETSAND LIABILITIES | STATEMENT OFASSETSAND LIABILITIES | STATEMENT OFASSETSAND LIABILITIES | |||
|---|---|---|---|---|---|
| As at 31 Au | ust 2020 | ||||
| 2020 | 2019 | ||||
| MONETARY ASSETS | |||||
| Stocks | 24,828 | 25,527 | |||
| Bank and Cash Balances:— | |||||
| Lloyds TSBBank Plc | |||||
| Current Account | 18,095 | 10,189 | |||
| Cash in Hand | 224 | 568 | |||
| 43,147 | 36,284 | ||||
| REPRESENTED BY: | |||||
| Unrestricted General Fund |
43,147 | 36,284 | |||
| Other General Purposes | Fund | ||||
| Monetary Assets:— | |||||
| Debtors Trading Activities | 1,035 | 95 | |||
| Supplier credit notes | 65 | ||||
| Liabilities: | |||||
| Trade creditors | 505 | 40 | |||
| Accountancy fees accrual | 600 | 600 | |||
| NON-MONETARY ASSETS |
|||||
| Held for functional use: |
|||||
| Shop Furniture and Equipment |
|||||
| Chairs, Tables, Microwaves, | Carpet Tiles, | ||||
| Computer, Television, Intruder |
Alarm costs | ||||
| since 1.8.92 | 5,769 | 5,769 |