----- Start of picture text -----
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 MARCH 2021
GRIMSBY & CLEETHORPES SEA CADETS
1 ROYAL DOCK
GRIMSBY
DN31 3TN
CRL ACCOUNTING SERVICES LIMITED
CHARTERED ACCOUNTANTS
95 CROMWELL ROAD
GRIMSBY
N. E. LINCS
DN31 2DL
TEL 01472 241453
FAX 01472 241454
WWW.CRLACCOUNTINGSERVICES.CO.UK
----- End of picture text -----
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2021
Page Accountants Report 1 Client approval Certificate 1 Profit and Loss Account 2
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS ACCOUNTANTS REPORT & CLIENT APPROVAL CERTIFICATE FOR THE YEAR ENDING 31 MARCH 2021
Accountants Report on the financial statements of GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS
In accordance with instructions given to us we have prepared these accounts based on information and explanations supplied to us from the records of GRIMSBY AND CLEETHORPESand from
CRL Accounting Services Limited Chartered Accountants 95 Cromwell Road Grimsby N E Lincs DN312DL Tel: 01472 241453 Fax: 01472 241454
Date:………………………….
Client Approval Certificate
I approve this Profit and Loss Account and confirm that I have made available all relevant records and information for this preparation.
GRIMSBY AND CLEETHORPES UNIT 162Date:………………………………
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS
CHARITY NUMBER: 521935
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDING 31 MARCH 2021
| INCOMEGRANTS MSCC FUNDRAISING/DONATIONS Trips & Events SUBS/NUTTY OPENING STOCKS PURCHASES LESS CLOSING STOCKS COST OF SALES GROSS PROFIT C/F Overheads A Cost of Goods bought for Resale or Goods Used B Car, van and Travel expenses after private use proportion: C Wages, salaries and other staff costs D Rent, Rates, power, and insurance Costs E Repairs and renewals, equipment and property F Accountancy, Legal and Other Professional fees G Interest, bank and Credit card, financial charges H Telephone , Fax, stationary and other office Costs I Other allowable business expenses. J Depreciation K Advertising L (Profit)/Loss on sale of fixed assets Total expenses Profit for the year |
33,001 2,857 3,727 0 1,346 40,931 0 1432 1431.64 0 1431.64 39,500 0 1,205 0 5,278 6,396 240 0 740 0 5,249 0 -353 18,756 39,500 20,744 39,500 39,500 |
|---|---|
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS
CHARITY NUMBER: 521935
BALANCE SHEET
FOR THE YEAR ENDING 31 MARCH 2021
| Fixed Assets Tangible Assets Intangible (Goodwill) Land & Buildings Current Assets Stock Debtors Pre-payments Cash/Bank VAT Current Liabilities Creditors Loans Accruals VAT Bank Net Current Assets Total Net Assets/Liabilities Capital Account Balance B/F Corrections/Balancing figures Profit Drawings |
0 0 0 36339.86 0 36339.86 188.22 0 0 0 0 188.22 36277.81 125.53 20,744 0 |
20996 0 0 20995.616 36151.64 57147.26 57147.26 |
|---|---|---|
GRIMSBY AND CLEETHORPES UNIT 162 OF THE SEA CADET CORPS
CHARITY NUMBER: 521935
INCOME AND EXPENDITURE
FOR THE YEAR ENDING 31 MARCH 2021
1 Accounting Polices
- 1.1 Accounting convention
The financial statements are prepared under the historical cost convention
- 1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable accounting standards
- 1.3 Turnover
Turnover represents amounts receivable for goods and services supplied net of vat
- 1.4 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is
provided at rates calculated to write off the cost less estimated
residual value of each asset over its expected life Plant and machinery 20% on a reducing balance bases per annum on cost
A Cost of Goods bought for Resale or Goods Used
| 1 cost of goods bought for re-sale 2 nutty stock 3 uniform 4 Fuel for boats in progress 5 training 6 awards |
62.00 97.10 448.50 106.51 717.53 0.00 0.00 1431.64 |
|---|---|
B Car, van and travel expenses after private use proportion:
| 7 car and van insurance 8 repairs 9 servicing 10 fuel 11 Parking & Tolls 12 hire charges 13 vehicle licence fees 14 AA/RAC membership 15 train & flights 16 Road Tax 17 Subsistence 18 hotel room costs and meals on overnight business trips after deducting the private use proportion. |
0.00 697.42 0.00 219.12 0.00 0.00 0.00 0.00 0.00 288.69 0.00 0.00 1205.23 |
|---|---|
C Wages, salaries, and other staff costs:
| 19 salaries 20 wages 21 bonuses 22 pensions 23 benefits for staff or employees 24 agency fees 25 subcontract labour costs and employer's NICs etc D Rent, rates, power, and insurance costs: 26 rent for business premises 27 business and water rates 28 light, heat, power costs 29 insurances 30 IOSH membership 31 use of home as office (business proportion only), payments that have been made E Repairs and renewals of property and equipment: 32 payments made towards repairs and maintenance of business premises and equipment renewals of small tools and items F Accountancy, legal and other professional fees: 33 Include accountants, solicitors, surveyors, architects and other professional fees and professional indemnity insurance premiums of equipment G Interest and bank and credit card etc. financial charges: 34 H Telephone, fax, stationary and other office costs: 35 telephone and fax running costs 36 postage 37 stationery 38 printing and small office equipment costs 39 computer software costs |
0 0 0 0 0 0 0 0 121.00 -2141.99 2937.08 4361.87 0.00 0.00 0.00 5277.96 5436.21 960.12 6396.33 240.00 240.00 0 675.22 0.00 65.19 0.00 0.00 740.41 |
|---|---|
| K Advertising General advertizing I Other allowable business expenses (client entertaining costs are not an allowable expense): 40 Include any trade or professional journals and subscriptions and other sundry business running expenses not included elsewhere. J Depreciation |
0.00 0.00 0 5248.90 |
|---|---|