EC Meeting Papers July 2018

QUORN GRANGf HOTEL MANAGEMENT ACCOUNTS BALANCE SHEET

Hotel As at

Hotel As at

Hotel As at

Hotel As at

Hotel As at

BALANCE SHEET

31-May-18

30-Apr-18

31-Mar-18

28-Feb-18 31-Jan-18

Fixed Assets Furniture and Fixtures

205,191 183,978

208,076 187,323

210,962 190,667

213,519 216,405 194,012 197,356

Refurbishments

Investments

2 0

2 2

2 0

2 0

2 0

New build

Total Fixed Assets

389,171

395,403

401,631

407,533 413,763

Current Assets Food Stock

5,409 6,308

4,725 4,970

3,855 4,592

3,720 4,547 5,717 4,985 31,199 30,773 17,355 17,355 22,487 27,884 53,675 54,029 (110,655) (110,655) (206,782) (166,782)

Liqour Stock

Debtors

55,440 17,355 57,692 51,540

29,829 17,355 59,318 50,776

43,363 17,355 67,846 51,040

Other Debtors Prepayments

Due to/from Hotel & Nursery Due to GFTU Educational Trust

(110,655) (198,773)

(110,655) (196,782)

(110,655) (206,782)

GFTU

Cash at Bank

51,802

28,208

4,761 1,483

3,335 11,527 1,634 1,629

Petty Cash

1,634

1,634

Total Current Assets

(62,249)

(110,622)

(123,143)

(178,316) (124,708)

Current Liabilities Trade Creditors

182,079 54,549

162,922 50,271

214,719 20,296

149,047 156,252 20,086 18,387

Accruals

Other Creditors Deposits Held

306

287

279

0

0

119,254 11,180 45,296

79,507 11,413 73,290

75,500 10,229 48,918

69,263 73,237 10,000 11,776 30,331 55,228

PAYE & NIC Payable

VAT Liability

Corporation Tax

0

0

0

0

0

Provision for Liabilities Total Current Liabilities

2,152

2,152

2,152

2,152 2,152

(414,816)

(379,841)

(372,093)

(280,879) (317,031)

Creditors due > 1 Year Intercompany Loans

(568,719)

(568,719)

(568,719)

(568,719) (568,719)

Net Assets

(656,613)

(663,780)

(662,325)

(620,382) (596,696)

Capital & Reserves Share Capital P & L Account Reserves b/fwd Charge for period

2

2

2

2

2

(555,043) (101,572) (656,613)

(554,893) (108,889) (663,780)

(555,193) (107,134) (662,325)

(549,668) (549,668) (70,717) (47,030) (620,382) (596,696)