UCL AGM Booklet 2017

UNITED COUNTIES FOOTBALL LEAGUE (A PRIVATE COMPANY LIMITED BY GUARANTEE) NOTES TO THE BALANCE SHEET

FOR THE YEAR ENDED 31 MAY 2017

1

Current assets

2017 £

2016 £

Stock and work in progress

2,408

3,778

Trade debtors

365

896

Other debtors

1,034

1,560

Cash at bank and in hand

35,969

33,245

39,776

39,479

Stock includes medal stock of £1,375 (2016: £1,710) and team sheet/referee pads stock of £1,034 (2016: £2,068).

Other debtors include a Rothwell Town debt of £300 (2016: £300) and a payment in advance to HMRC for PAYE of £734 (2016: £1,260) relating to 17/18

2017 £

2016 £

2

Creditors: amounts falling due within one year

Accruals and deferred income

780

756

3

Capital and reserves

2017 £

2016 £

At the beginning of the year

38,800

33,126

Profit for the year

196

5,674

At the end of the year

38,996

38,800

38,996

38,800

4

Tangible fixed assets

Fixtures, fittings & equipment £

Cost At 1 June 2016 and 31 May 2017

5,583

Depreciation At 1 June 2016 Depreciation charged in the year

5,506 77

At 31 May 2017

5,583

Carrying amount At 31 May 2017

-

At 31 May 2016

77

11