| Statement | of | Fina | ncia | l Act | ivities for th | e year ended 31 Dec | ember 2021 |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Income | |||||||
| Sale of clothing and | drinks | 4,196 | 3,600 | ||||
| Hiring of gym | 860 | 1,083 | |||||
| Subscriptions, bursaries |
and donations | 175,271 | 120,086 | ||||
| Sundry gym income Coronavirus grants |
including | fundraising | 3,978 45,250 |
6,750 61,563 |
|||
| Less Cost ofIncome | 229,555 | 193,082 | |||||
| Purchases and fundraising |
expenses | 2,368 | 2,072 | ||||
| Expenses | 227,187 | 191,010 | |||||
| Wages | 83,468 | 84,549 | |||||
| Pension contributions Leader and coaches' fees Coach and competition expenses |
1,589 101,491 17,411 |
1,555 97,088 12,783 |
|||||
| Postage, stationery, Rates and water |
telephone | and advertising | 1,038 643 |
1,216 580 |
|||
| Light and heat | 1,128 | 2,896 | |||||
| Insurance | 4,218 | 3,100 | |||||
| Rent | 4,800 | 4,800 | |||||
| Building maintenance | and | repairs | 1,849 | 4,002 | |||
| Accountancy and professional |
fees | 960 | 942 | ||||
| Vending machine lease |
955 | 728 | |||||
| Cleaning and sundry |
expenses | 1,039 | 985 | ||||
| 220,589 | 215,224 | ||||||
| Other income | 6,598 | (24,214) | |||||
| Interest received | 10 | 407 | |||||
| 6,608 | (23,807) | ||||||
| Depreciation | 9,116 | 11,432 | |||||
| Excess income over | expenditure | for the year | (2,508) | (35,239) |
| Balanc | e Sheet as | at 31 December 2021 | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Accumulated Funds |
||||
| Balance brought forward Surplus (deficit) for the year |
148,283 (2,508) |
183,522 (35,239) |
||
| 145,775 | 148,283 | |||
| Represented by: |
||||
| Tangible fixed assets | ||||
| Gym equipment and computer |
equipment: | |||
| Net book value brought forward Additions less disposals in year |
44,658 386 |
55,833 257 |
||
| Depreciation for year |
(9,116) | (11,432) | ||
| Current assets | 35,928 | 44,658 | ||
| NatWest Reserve account | 18 | 18 | ||
| NatWest Capital Reserve |
account | 490 | 490 | |
| NatWest Current account Santander Business Account Santander Business Savings |
7,920 9,347 97,177 |
7,010 2,752 97,167 |
||
| 114,952 | 107,437 | |||
| Current liabilities |
||||
| Creditors | 5,105 | 3,812 | ||
| 109,847 | 103,625 | |||
| 145,775 | 148,283 |