Page 26 - Old Ratcliffian Magazine 2019

RATCLIFFIAN ASSOCIATION ACCOUNTS

YEAR ENDING 31ST DECEMBER 2018 2018 2017

COUNCIL Revenue £ 39,615 £ 31,755
PROFIT & LOSS

Subscriptions
School
5,037
Direct
5,232
44,652 36,987
Other Income
Advertising & Donations 2,450 2,715
School Contribution 2,000 2,000
Events Profi t/(Loss) (389) (95)
Merchandise Profi t 241 170
Donations 0 185
4,302 4,975

Total Revenue 48,954 41,962
Expenses
Secretarial & Temp Labour (23,112) (21,942)
Old Ratcliffi an - Printing (7,549) (6,113)
Old Ratcliffi an - Post & Packing (2,973) (2,600)
Website & Computer (1,984) (2,339)
Leavers’ Presentation Gifts (1,683) (1,239)
Postage, Stationery & Phone (1,135) (1,620)
Professional Fees (700) (640)
Maintenance & Bar (575) (45)
Bank & Miscellaneous Charges (443) (408)
Subscriptions (425) (115)
Gifts & Trophies (389) (413)
Donations (336) (750)
Travel & Subsistence (279) (459)
Event Clothing (209) 0
Advertising (76) (35)
Printing & Copying 0 (229)
Depreciation 0 (350)
Chain of Offi ce 0 (762)
Total Expenses (41,868) (40,059)

Profi t for Year 7,086 1,903
BALANCE SHEET 2018 2017
£ £
Non-Current Assets
Computer Equipment (Undepreciated) 543 543
Current Assets
Bank Balance 32,767 31,334
Merchandise Stock 3,536 2,158
Debtors & Prepayments 2,383 1,594
Bar Stock 100 225
Cash 2,068 328
40,854 35,639
Total Assets 41,397 36,182

Current Liabilities
Accruals (912) (2,211)
Creditors & Prepaid Income (793) (1,365)
(1,705) (3,576)
Net Assets/Worth 39,692 32,606

Accumulated Fund of the Ratcliffi an Association
Balance Brought Forward 32,606 30,703
Profi t For Year 7,086 1,903
Increased Balance Carried Forward 39,692 32,606

26 The Old Ratcliffi an 2019