| The last audited accounts for the year to 31st December 2010 are summarised below: | ||
| Income & expenditure account | ||
| Income | ||
| Bar sales (net of purchases) |
£103,417 |
|
| Profit on gaming machines |
£40,063 |
|
| Subscriptions |
£6,574 |
|
| Profit from Games room |
£5,080 |
|
| Other income |
£2,349 |
|
| Trading profit |
£157,483 |
|
| Expenses | ||
| Wages & honorariums |
£80,901 |
|
| Premises costs |
£20,004 |
|
| Entertainments |
£17,560 |
|
| Depreciation |
£7,556 |
|
| Other costs |
£7,808 |
|
| Total costs |
£133,829 |
|
| Net surplus |
£23,654 |
|
| Brought forward |
£229,095 |
|
| Surplus account |
£252,749 |
|
| Represented by: | ||
| Fixed assets |
£221,541 |
|
| Currents assets |
£54,974 |
|
| Current Liabilities |
£23,766 |
£31,208 |
| Net assets |
£252,749 |
|
|
Note: Gaming machine income includes a one-off VAT refund of £28,833. Our accounts are produced by the treasurer on QuickBooks and audited by Brown & Co Audit Limited |
||