Unaudited Financial Ststements for the Year EDded 31 Derember 2021 Sh¢rbyrn Playing Fi¢lds A&s￿l￿￿On **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