Accounting for Smes

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

Profit & angstrom; passage Account for the year ended thirty-first December 2010 Taff charm Pool, Cardiff | £| £| Income| | 1,570,000| Expenses| | | Employee Costs| 843,000| | Equipment & angstrom unit; Materials | 295,000| | Heat & Light| 93,000| | pabulum 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| 836,55! 0| | Machinery| 297,000| 1,133,550| | | | ongoing Assets| | | Stock| 17,000| | Debtors| 3,000| | hard currency| 19,000| | | 39,000| | | | | Current Liabilities| | | Trade CreditorsAccured final payment | 53,0003,00056,000| | | | | Net Current Assets| | (17,000)| | | | | | | pith Assets less Current Liabilities| | 1,116,550| yearn 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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