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2025-04-30-accounts

Balance Sheet

leith community archers

As at 31 March 2025

£ £
Capital Assets
Net Book Value 0
Current Assets 13,114
Bank Account: Bank of Scotland Running Account 2,821
Bank Account: Savings Account 10,194
Expense Account: 99
_less_Current Liabilities 15,272
Bank Account: paypal 1,211
Trade Creditors 849
Expense Account: 936
Expense Account: 293
Expense Account: 70
Suspense Account 11,914
Net Current Assets -£2,159
Total Assets -£2,159
Owner's Equity
Retained Profit -2,159
Total Owner's Equity -£2,159

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Profit & Loss

leith community archers

Accounting Year 2024/25

Debit Credit
Turnover 4,112
Sales -3,400
donations 6,590
Grants 876
Membership 46
add Other Income 134
Interest Received 134
Gross Profit 4,246
less Administration Expenses 7,358
Equipment purchases 1,352
Rent 3,164
Web Hosting 150
Internet & Telephone 301
Miscellaneous 6
Legal and Professional Fees 1,533
Postage 4
Charitable Donations 200
Insurance 624
Travel 23
less Staff Costs 839
Staff Training 839
less Tax-Disallowable Admin Expenses 70
Business Entertaining 70

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Operating Profit -£4,021
less Drawings £0
less Profit & Loss journal entries £0
Retained Profit this period: -£4,021
Retained Profit brought forward: £1,863
Distributable Reserves / Retained Profit carried forward: -£2,159

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