Page 30 - Old Ratcliffian 2020 Edition

RATCLIFFIAN ASSOCIATION ACCOUNTS

YEAR ENDING 31ST DECEMBER 2019

COUNCIL PROFIT & LOSS 2019 2018
£
£
Revenue
Subscriptions
School
4,907
5,037
Direct 44,604 39,615
49,511 44,652
Other Income
Advertising & Donations 546 2,450
School Contribution 2,000 2,000
Events Profi t/(Loss) 74 (389)
Merchandise Profi t 105 241
2,725 4,302

Total Revenue 52,236 48,954
Expenses
Secretarial & Temp Labour (29,176) (23,112)
Old Ratcliffi an - Printing (8,165) (7,549)
Old Ratcliffi an - Post & Packing (2,498) (2,973)
Website & Computer (2,249) (1,984)
Leavers’ Presentation Gifts (1,948) (1,683)
Postage, Stationery & Phone (636) (1,135)
Professional Fees (938) (700)
Maintenance & Bar (948) (575)
Bank & Miscellaneous Charges (428) (443)
Subscriptions (593) (425)
Gifts & Trophies (358) (389)
Donations (775) (336)
Travel & Subsistence (656) (279)
Event Clothing (253) (209)
Advertising (22) (76)
Printing & Copying (288) 0
Depreciation (271) 0

Total Expenses (50,202) (41,868)
Profi t for Year 2,034 7,086

BALANCE SHEET 2019 2018
£ £
Non-Current Assets
Computer Equipment (Undepreciated) 272 543

Current Assets
Bank Balance 42,029 32,767
Merchandise Stock 1,968 3,536
Debtors & Prepayments 5,721 2,383
Bar Stock 99 100
Cash 1,045 2,068
50,862 40,854

Total Assets 51,134 41,397

Current Liabilities
Accruals (1,693) (912)
Creditors & Prepaid Income (7,715) (793)
(9,408) (1,705)

Net Assets/Worth 41,726 39,692
Accumulated Fund of the Ratcliffi an Association

Balance Brought Forward 39,692 32,606
Profi t For Year 2,034 7,086

Increased Balance Carried Forward 41,726 39,692

30 The Old Ratcliffi an 2020