Page 45 - Karmann Komment - V38 Issue 3

Karmann Komment Volume 38 | Issue 3
FINANCIAL STATEMENT YEAR ENDING 31ST MARCH 2021
45
Events income
400.00 305.00
688.47
1,360.58
Other income
144.00 50.00
CURRENT ASSETS
Total Income
19,155.43 15,945.95
Shop Stock
Spares Stock
Debtors -
2,650.75 14,262.00
Total Cost of Sales 291.51
135.21
Profit & Loss Statement for the Financial Year Ended 31st March 2021
Balance Sheet as at 31st March 2021
Club Shop and Spares Accounts for the Financial Year Ended 31st March 2021
INCOME 31 March 2021 31 March 2020 Income from Membership 15,883.21 13,890.37
31 March 2020
CLUB SHOP ACCOUNTS 31 March 2021 31 March 2020
Donations 333.00 248.50 Advertising 1,480.00 820.00 Club Shop Activity 305.01 114.15 Calendars 610.21 517.93
Laptop 0 Optoma projector 43.92 Misc 34.47
67.50 87.84 54.07
Sales Income for the year 305.01 Opening Stock 3,125.76
114.15
LESS EXPENDITURE
2,945.70 15,587.39
- 5,330.16
Shop Accounts - Excess of 13.50 Sales over Cost of Sales
-
21.06
Shows and Events
Magazine Printing & Posting
Postage & Stationary
Fixed Assets
Travel mileage & expenses
Insurance/ABVWC 588.22 571.20 Car Association Membership 263.20 225.60 International Costs 1,350.00 455.00 Website costs 336.00 1,474.80 Webcollect costs 397.90 Shop 111.45 1,108.60 Trophies/Gifts - 181.56 Committee meetings - 83.71 AGM meetings 72.00 72.00 Calendars 294.00 270.00 Membership refunds 112.00 91.00 Advertising 936.00 480.00 MEA Donation 714.00 -
Type 3 Account (Lloyds) - 2 Accs PayPal account
Current Account (Natwest)
Total Cash Assets
7,943.65
Total Expenditure 12,096.54 14,944.69
Total Assets Less Current Liabilities
Excess of Income over 7,058.89 1,001.26 Expenditure
£ 59,309.60
£ 48,815.69
371.40 1,416.61 6,262.34 5,971.99 489.94 788.95 45.99 50.47 150.00 1,305.30
1,556.79 33,258.91 42,759.35
1,291.92 26,133.67 32,755.75
KARMANN GHIA OWNERS CLUB GB
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
FIXED ASSETS (Net Book Value) 31 March 2021 ££££££
Flags, bases & signs Battery TV
Banners & table cloths Total Fixed Assets
392.48 64.86 152.74
784.95 129.72 236.50
Purchases 111.45 Total 3,237.21 Less Closing Stock 2,945.70
2,152.37 1,108.60 3,260.97 3,125.76
Total Current Assets CURRENT LIABILITIES
61,292.44
49,668.50
SPARES ACCOUNTS 31-Mar-21
31-Mar-20
Non amended SO payments
1,600.11 671.20 400.00
1,146.00 500.00 - 567.39
Sales Income for the year
18,009.00 3,975.00 1.22 1.95
MEA donation
Interest on account
W ebcollect
Expenses Claims
Total Current Liabilities
-
2,213.39 47,455.11
Opening Stock Purchases
Tooling (refund 2018) Total
14,262.00 13,495.99 15,646.76 3,277.78
NET CURRENT ASSETS
2,671.31 58,621.13
Less Closing stock Total Cost of Sales
29,908.76 16,773.77 15587.39 14,262.00
Prepared by KGOC Treasurer 12/04/2021
Spares Accounts - Excess of Sales over Cost of Sales
3,688.85
1,465.18
14,321.37 2,511.77