| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Profits from: | ||||||||
| Events | 25,763 | 28,542 | ||||||
| Challoner's | Lottery | 1,035 | 1,239 | |||||
| 26,798 | 29,781 | |||||||
| Donations | received | 2,500 | 40 | |||||
| 29,298 | 29,821 | |||||||
| Expenditure | ||||||||
| Administration | and general expenditure | -888 | - | 1,255 | ||||
| Donations | to | the school | —3,290 | -37,500 | ||||
| -4,178 | - | 38,755 | ||||||
| Surplus/(Deficit) | for the | year | 25,120 | -8,935 | ||||
| Funds brought | forward at 1 September | 16,359 | 25,294 | |||||
| Accumulated | Funds at 31August | 41,480 | 16,359 | |||||
| Page 6 | Page 6 |
| 2020 | 2019 | |
|---|---|---|
| f. | ||
| Accumulated Funds at 31August |
41,480 | 16,359 |
| Page 5 | Page 5 | |
| Represented by: |
||
| Current Assets | ||
| Debtors | 475 | 255 |
| Prepayments | 321 | 400 |
| Cash at Bank | 41,718 | 19,509 |
| 42,514 | 20,164 | |
| Stock | 438 | 137 |
| Events Float | 200 | |
| Less: Current Liabilities | ||
| Creditors and Accruals | - 1,672 | - 3,942 |
| Net Current Assets | 41,480 | 16,359 |