SEFTON PARK CRICKET CLUB

 

BALANCE SHEET AS AT 31 OCTOBER 2007

 

 

 

Fixed Assets††††††††††††††† 1††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† 238017

 

Current Assets

 

Stock††††† ††††††††††††††† 2††††††††††††† ††††††††††††††† 1981

Debtors††††††††††††††††† †††††††††††††††††††††††††††††††

Bank Current Account††††††††††††††††† 3746

Deposit Account††† ††††††††††††††††††††††††††††††† ††† 122

Fund Raising Accounts††††††††††††††† ††††††††††††††† 7302

Cash in hand†††††††† ††††††††††††††††††††††††††††††† ††† 800

††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 13951

 

Creditors: Amounts falling

Due within one year††††††††††††††††††††††† 5808††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††8143

 

 

Net Assets††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 246160

 

 

Financed by:-

 

Income & Expenditure account†† 206980

 

Loss for year††††††††† ††††††††††††††††††††††††††††††† †††† 8701††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 198279

 

Loans††††† ††††††††††††††† 3††††††††††††† †††††††††††††††

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† 47881††††††††††††††††††††† ††††††††††††††††††††††††††††††† 47881

 

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 246160

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sefton Park Cricket Club

 

Income & Expenditure Account for the

Year ended 31 October 2007

 

 

INCOME

 

BAR ACCOUNT

 

††††††††††††††† Sales††††† ††††††††††††††††††††††††††††††† ††††††††††††††† 114349

Less††††††††††††††† Purchases††††††††††††††††††††††††††††† ††††††††††††††† 60034††† ††††††††††††††† ††††††††††††††† 54315

 

Less††††††† Wages†††† ††††††††††††††††††††††††††††††† ††††††††††††††† 27743

††††††††††††††† Expenses††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††† 3112††††††††††††††††††††††† ††††††††††††††† 30855

 

††††††††††††††† Bar Profit††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 23460

 

 

OTHER INCOME

 

††††††††††††††† Members Subscriptions†††† ††††††††††††††† ††† 8174

††††††††††††††† Donations††††††††††††††††††††††††††† ††††††††††††††† ††† 2564

††††††††††††††† Gaming Machine (net)†††††† ††††††††††††††† ††††† 277

††††††††††††††† Fund Raising (net)†††††††† ††††††††††††††† ††† 3378

††††††††††††††† 50 Club(net)†††††††††††††† ††††††††††††††††††††††††††††††† ††† 6455

††††††††††††††† Catering (net)††††††††††††††††††††††† ††††††††††††††† ††††††† 28

††††††††††††††† Hire††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††† 4258

††††††††††††††† Bank Interest††††††††††††††††† ††††††††††††††† ††††† 190

††††††††††††††† Sundry†† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††† 772††† ††††††††††††††† ††††††††††††††† 26096

 

Total Income†††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 49556

 

 

LESS EXPENDITURE

 

††††††††††††††† Cricket†† 4††††††††††††††††††††††††††††† ††††††††††††††† 14248

††††††††††††††† Pavillion††††††††††††††† 5††††††††††† ††††††††††††††† ††††††††††††††† 39973

††††††††††††††† Other†††† 6††††††††††††††††††††††††††††† ††††††††††††††† 4036††††† ††††††††††††††† ††††††††††††††† 58257

 

 

NET LOSS FOR THE YEAR†††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† (8701)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEFTON PARK CRICKET CLUB

 

Notes to the Accounts as at 31 October 2007

 

 

††††††††††††††† 4) CRICKET EXPENDITURE

 

††††††††††††††† Ground†† ††††††††††††††††††††††††††††††† ††††††††††††††† 5041

††††††††††††††† Groundmans Wages††††††††† ††††††††††††††† 8062

††††††††††††††† Match Expenditure†††††††††† ††††††††††††††† 4567

††††††††††††††† Ground Rent††††††††††††††††††††††† ††††††††††††††† 2550

††††††††††††††† Cricket Expenditure†††††††††† ††††††††††††††† 6393††††† ††††††††††††††† 26613

 

††††††††††††††† LESS

 

††††††††††††††† Sponsorship††††††††††††††††††††††††† ††††††††††††††† ††430

††††††††††††††† Programme Sales††††††††††††††† ††††††††††††††††††††††††††††††† ††††† 90

††††††††††††††† Pitch Hire††††††††††††††††††††††† ††††††††††††††† 3864

††††††††††††††† Cricket Kit/Nets†††††††††††††††† ††††††††††††††† 5381

††††††††††††††† Grants†††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††2600††††† ††††††††††††††† 12365

 

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† 14248

 

††††††††††††††† 5) PAVILLION EXPENDITURE

 

††††††††††††††† Utilities††††††††††††††††††††††††††††††† ††††††††††††††† 14207

††††††††††††††† Maintenance††††††††††††††††††††††† ††††††††††††††† 12268

††††††††††††††† Wages†††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††5739

††††††††††††††† Handbooks/Brochures†††††††† ††††††††††††††† ††† 150

††††††††††††††† Phone/Secretarial†††††††††††††† ††††††††††††††††††††††††††††††† ††† 434

††††††††††††††† Insurance††††††††††††††††††††††††††††† ††††††††††††††† 5375

††††††††††††††† Security ††††††††††††††††††††††††††††††† ††††††††††††††† ††† 425

††††††††††††††† Television††††††††††††††††††††††††††††† ††††††††††††††† 1375††††† ††††††††††††††† 39973

 

††††††††††††††† 6) OTHER

 

††††††††††††††† Hospitality/Donations††††††††† ††††††††††††††† †††

††††††††††††††† Advertising††††††††††††††††††††††††††† ††††††††††††††† 1633

††††††††††††††† Auditor†† ††††††††††††††††††††††††††††††† ††††††††††††††† ††† 320

††††††††††††††† Depreciation†††††††††††††††††††††††† ††††††††††††††† 1235

††††††††††††††† Sundry†† ††††††††††††††††††††††††††††††† ††††††††††††††† ††† 848††††† ††††††††††††††† 4036†††††

 

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† 58257

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEFTON PARK CRICKET CLUB

 

Notes to the accounts as at 31 October 2007

 

 

††††††††††††††† 1) Tangible Fixed Assets

 

††††††††††††††† ††††††††††††††† PAVILLION††††††††††††††† PAVILLION††††††††††††††† PAVILLION††††††††††††††† GROUND†††††††††††† TOTAL

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† †† (New)††††† ††††††††††††††† EQUIPMENT††††††††††††††† EQUIPMENT

 

††††††††††††††† Cost/†††††† †††† 34757††††† ††††††††††††††† 205256††† ††††††††††††††† 16690††††† ††††††††††††††† 8767††††††† ††††††††††††††† 265470

††††††††††††††† Valuation

 

††††††††††††††† Depreciation†† 9000††††††††††††† ††††††††††††††† ††††††††††††††† ††††††††††††††† 11982††††† ††††††††††††††† 6471††††††† ††††††††††††††† 27453

 

††††††††††††††††††††††††††††††† ††††† 25757††††† 205256††† ††††††††††††††† 4708††††† ††††††††††††††† 2296††††††† ††††††††††††††† 238017

 

 

 

 

††††††††††††††† 2) STOCKS

 

††††††††††††††† The Stock has been valued at cost price by the appointed stocktaker.

 

 

††††††††††††††† 3) LOANS

 

††††††††††††††† Carlsberg Tetley

 

††††††††††††††† Balance as at 1 November 2006††††††† ††††††††††††††† 45923

 

††††††††††††††† Brewery Discount Written Off††††††††††††††††††††††††† 4142

 

††††††††††††††† Balance as at 31 October 2004††††††† ††††††††††††††† 41781

 

 

††††††††††††††† Members Fund Raising Loans††††††††††††††††††††† 3500

 

††††††††††††††† Private Loan†††††† 3000

††††††††††††††† Repayments†††††††††† 400††††††† ††††††††††††††††††††††††††††††† 2600

 

††††††††††††††††††††††††††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† ††††††††††††††† 47881

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AUDITORS REPORT TO THE MEMBERS OF

 

SEFTON CRICKET CLUB

 

FOR THE YEAR ENDED 31 OCTOBER 2007

 

 

 

 

††††††††††††††† We have examined the financial statements on pages 1 to 4.

 

 

††††††††††††††† Respective Responsibilities of the Committee and Auditor

 

††††††††††††††† As described on page 5, the Committee is responsible for the preparation of the financial statements. It is

††††††††††††††† our responsibility to form an independent opinion, based on the examination of those statements and

††††††††††††††† report our opinion to you.

 

 

††††††††††††††† Basis of Opinion

 

††††††††††††††† Our examination was conducted on a full audit except for the payroll and covered evidence relevant to ††††††††††††††† the amounts and disclosures in the financial statements. It also included an assessment of the significant

††††††††††††††† estimates and judgements made by the Committee in the preparation of the financial statements, and ††††††††††††††† whether the accounting policies are appropriate to the Clubís circumstances, consistently applied and ††††††††††††††† disclosed.

 

††††††††††††††† We planned our examination so as to obtain all the information and explanations which we considered

††††††††††††††† necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial ††††††††††††††† statements are free from material mis-statement, whether caused by fraudor other irregularity or error.

††††††††††††††† We also evaluated the overall adequacy of the presentation of information in the financial statements.

 

 

††††††††††††††† Qualified Opinion

 

††††††††††††††† The Club derives a substantial proportion of its income in cash and all relevant steps have been put in

††††††††††††††† train to qualify most of its income. Only small amounts are not susceptible to independent examination.

 

††††††††††††††† We are satisfied that all reasonable steps have been taken to qualify the accuracy of the accounting ††††††††††††††† records.

 

††††††††††††††† In our opinion, the financial statements give a true and accurate view of the state of the Clubís affairs for ††††††††††††††† the year ended 31 October 2004.

 

 

††††††††††††††† 16 August 2008†††††††† ††††††††††††††††††††††††††††††† ††††††††††††††† P.Colvin & Associates

 

†††††††††††††††

††††††††††††††††††††††††††††††† †††††††††††††††††††††††††††††††