Accounting for Smes

FAIRVALUE LEISURE (SOUTH WALES) LTD A business report on Fairvalue neat Ltd, operating across South East Wales. Fairvalues essential business activities centre around the management of swimming pussys which was antecedently owned by local authorities, but is now been privatised to mercenary public expenditure. The company recently purchased underlying and Taff view puddle on the outskirts of Pontypridd. The aim of this report is to produce a harmonise sheet for Taff view pool for the course of instruction end thirty-first December, 2010, to also critically analyse the profitability implementation of Central and Taff view pool. Question 1 The Profit and mischief Account and end Sheet for Taff overtake Pool for the twelvemonth ended thirty-first December 2010.

Profit & angstrom; tone ending Account for the year ended thirty-first December 2010 Taff celestial horizon Pool, Cardiff | £| £| Income| | 1,570,000| Expenses| | | Employee Costs| 843,000| | Equipment & angstrom unit; Materials | 295,000| | Heat & Light| 93,000| | provender Depreciation | 162,950125,950| | | | 1,518,950| boodle profit/(Loss) before Interest & Tax| | 51,050| equilibrise Sheet as at 31st December 2010 Taff View Pool, Cardiff Fixed Assets| £| £| Land & Buildings| 836,550! | | Machinery| 297,000| 1,133,550| | | | circulating(prenominal) Assets| | | Stock| 17,000| | Debtors| 3,000| | hard currency| 19,000| | | 39,000| | | | | Current Liabilities| | | Trade CreditorsAccured salary | 53,0003,00056,000| | | | | Net Current Assets| | (17,000)| | | | | | | pith Assets less Current Liabilities| | 1,116,550| bulky Term Liabilities| | 120,000| Net Assets| | 996,550| | | | Financed by:-| |...If you want to get a full essay, order it on our website: BestEssayCheap.com

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