Unaudited Financial Ststements for the Year EDded 31 Derember 2021 Sh¢rbyrn Playing Fi¢lds A&slOn
Sherburn Playing Fields Association
Contents of the Financial Statements for the Year Ended 31 December 2021
| Page | |
|---|---|
| General Information | 1 |
| Trading and Profit and Loss Account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
Sherburn Playing Fields Association
General Information for the Year Ended 31 December 2021
ADDRESS: 41b St Hildas Street Sherburn Malton North Yorkshire YO17 8PH ACCOUNTANTS: Wasley Chapman LLP Chartered Accountants 5 Bobbies Bank Whitby North Yorkshire YO21 1EF
Page 1
Sherburn Playing Fields Association
Trading and Profit and Loss Account for the Year Ended 31 December 2021
| Income Bar Sales Donations/Other Bandit Refreshments Rents Cost of sales Opening stock Bar Purchases Closing stock GROSS PROFIT Other income JRS Grant Grants Covid Grants Expenditure Insurance Light and heat Wages Post and stationery Advertising Motor expenses Licences and insurance Repairs and renewals Field maintenance Household and cleaning Bands and Artists Sundry expenses Accountancy Depreciation Improvements to property Plant and machinery Computer equipment NET PROFIT/(LOSS) |
2021 £ 41,932 23,257 69 - 2,192 1,270 22,622 23,892 (3,614) 2,329 13,606 17,431 1,464 2,694 16,498 84 270 457 618 3,524 629 240 810 15 1,896 6,909 2,289 41 |
£ 67,450 20,278 47,172 33,366 80,538 29,199 51,339 9,239 42,100 |
2020 £ 12,561 1,711 24 984 1,280 3,449 7,502 10,951 (1,270) 1,656 5,500 10,000 2,015 2,826 7,339 2 - 59 873 1,935 771 187 20 114 918 6,816 2,353 - |
£ 16,560 9,681 6,879 17,156 24,035 17,059 6,976 9,169 (2,193) |
|---|---|---|---|---|
Page 2
Sherburn Playing Fields Association
| Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Stocks Main transactions account Cash in hand NET ASSETS FINANCED BY CAPITAL ACCOUNT 3 |
Balance Sheet 31 December 2021 2021 £ 3,614 99,364 1,699 |
£ 186,792 104,677 291,469 291,469 |
2020 £ 1,270 62,482 714 |
£ 184,771 64,466 |
|---|---|---|---|---|
| 249,237 | ||||
| 249,237 |
Page 3
Sherburn Playing Fields Association
Notes to the Financial Statements
for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of a tax return.
2. TANGIBLE FIXED ASSETS
3.
| Improvements to property £ COST At 1 January 2021 220,636 Additions 9,137 At 31 December 2021 229,773 DEPRECIATION At 1 January 2021 57,041 Charge for year 6,910 At 31 December 2021 63,951 NET BOOK VALUE At 31 December 2021 165,822 At 31 December 2020 163,595 CAPITAL ACCOUNT 2021 £ Brought forward 249,237 Add Net profit 42,100 291,337 Less Drawings (132) Net loss - (132) |
Plant and machinery £ 69,463 1,714 71,177 48,287 2,289 50,576 20,601 21,176 £ 291,469 291,469 |
Computer equipment £ - 410 410 - 41 41 369 - 2020 £ 251,684 - 251,684 254 2,193 2,447 |
Totals £ 290,099 11,261 |
|---|---|---|---|
| 301,360 | |||
| 105,328 9,240 |
|||
| 114,568 | |||
| 186,792 | |||
| 184,771 | |||
| £ 249,237 |
|||
| 249,237 |
Page 4