Unaudited Accounts for the Year Ended 31 March for. Falmouth Sports Club

Transcription

1 Unaudited Accounts for Falmouth Sports Club Community Amateur Sports Club registration number CH10175

2 Contents of the Accounts Page Balance Sheet 1 Income and Expenditure Account 2 Income and Expenditure Sports activities 4 Income and Expenditure Bar and food 5 Notes to the Accounts 6 Accountants report and client approval certificate 8

3 Balance Sheet 31 March 2014 Notes FIXED ASSETS Intangible assets Tangible assets 2 182, , , ,592 CURRENT ASSETS Stocks 3 3,718 3,592 Debtors 4 3,038 7,873 Cash at bank and in hand 7,823 9,629 14,579 21,094 CREDITORS Amounts falling due within one year 5 9,243 18,550 NET CURRENT ASSETS 5,336 2,544 TOTAL ASSETS LESS CURRENT LIABILITIES 188, ,136 CREDITORS Amounts falling due after more than one year 6 3,917 5,138 NET ASSETS 185, ,998 RESERVES Members Funds 7 185, , , ,998 Page 1

4 Income and Expenditure Account Income Bar sales 46,364 51,416 Membership fees 60,261 51,919 Events 1,965 1,407 Facility hire 8,972 10,773 Food sales 6,123 8,948 Court fees 2,067 14,205 Shop sales , ,275 Direct expenditure Bar purchases 28,152 28,786 Food purchases 5,631 6,951 Shop purchases 1,159 1,191 Wages 33,857 35,431 Tennis coach 2,500 2,500 Affiliation fees 1,105 1,188 Court booking system 1,080 1,080 Event expenses 1, ,976 77,582 GROSS INCOME OVER EXPENDITURE 51,367 61,693 Other income Car parking and other income 2,208 2,045 Sport England grant - 49,262 2,208 51,307 53, ,000 Expenditure Rates and water 8,508 7,681 Insurance 2,881 2,268 Light and heat 11,122 12,676 Repairs and maintenance 14,962 12,538 Cleaning 5,335 5,349 Refurbishment of squash courts - 50,207 Wages 1,974 4,386 Telephone and internet Post and stationery Advertising Motor expenses Licences 1, Website and other computer costs - 1,399 Administration costs Staff training Carried forward 47,022 53,575 99, ,000 Page 2

5 Income and Expenditure Account Brought forward 47,022 53,575 99, ,000 Sundry expenses Accountancy Professional fees 179 2,859 Depreciation of tangible fixed assets 3,961 4,402 Profit on disposal of gym equipment (55) - 51, ,095 1,768 4,905 Finance costs Bank charges 1,116 1,039 Merchant fees ,716 1,506 EXCESS OF INCOME OVER EXPENDITURE 52 3,399 Page 3

6 Sports Activities Income and Expenditure Account Income Membership fees 60,261 51,919 Events 2,944 1,407 Facility hire 8,972 10,773 Court fees 2,067 14,205 Shop sales ,835 78,911 Expenditure Shop purchases 1,159 1,191 Tennis coach 2,500 2,500 Affiliation fees 1,105 1,188 Court booking system 1,080 1,080 Event expenses 1, ,336 6,414 EXCESS OF INCOME OVER EXPENDITURE 67,499 72,497 Page 4

7 Bar and Food Income and Expenditure Account Income Bar sales 46,364 51,416 Food sales 6,123 8,948 52,487 60,364 Expenditure Bar purchases 28,152 28,786 Food purchases 5,631 6,951 Wages 33,857 35,431 67,640 71,168 EXCESS OF EXPENDITURE OVER INCOME (15,153) (10,804) Page 5

8 1. INTANGIBLE FIXED ASSETS Falmouth Sports Club Notes to the Accounts Website COST At 31 March At 31 March TANGIBLE FIXED ASSETS COST At 1 April 2013 and 31 March 2014 Squash and Furniture Freehold tennis and property courts equipment Totals 146,993 86,937 52, ,133 DEPRECIATION At 1 April ,757 38,772 99,529 Charge for year - 2,618 1,343 3,961 At 31 March ,375 40, ,490 NET BOOK VALUE At 31 March ,993 23,562 12, ,643 At 31 March ,993 26,180 13, ,604 Page 6

9 Notes to the Accounts - continued 3. STOCKS Stocks 3,718 3, DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 3,038 3,518 VAT recoverable - 3,909 Other debtors ,038 7, CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors 3,528 5,208 PAYE/NIC liability VAT Accruals and subscriptions received in advance 4,758 5,342 Members loans - 8,000 9,243 18, CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR St Austell Brewery Co Ltd loan 3,917 5, RESERVES Members Funds At 1 April ,998 Surplus for the year 52 At 31 March ,050 Page 7

10 Report of the Accountants to the Members of Falmouth Sports Club In accordance with your instructions, we have prepared these unaudited Accounts, set out on pages 1 to 7, from the accounting records maintained by Falmouth Sports Club and from information and explanations supplied to us. Harland Accountants 1A Berkeley Court Berkeley Vale Falmouth Cornwall TR11 3PB Date:. Approval Certificate We approve the Accounts and confirm that we have made available all relevant records and information for their preparation. C Banfield Committee Chairman.. D Heppenstall Treasurer Date:.. Page 8