Accounting for Smes

FAIRVALUE LEISURE (SOUTH WALES) LTD A business report on Fairvalue hollow Ltd, operating across South East Wales. Fairvalues primary(prenominal) business activities centre around the management of swimming pussys which was antecedently owned by local authorities, but is now been privatised to surmount public expenditure. The company recently purchased underlying and Taff view puss 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 terminate thirty-first December, 2010, to also critically analyse the profitability feat of Central and Taff view pool. Question 1 The Profit and leaving Account and end Sheet for Taff overtake Pool for the class ended thirty-first December 2010.

Profit & angstrom; overtaking Account for the year ended thirty-first December 2010 Taff notion Pool, Cardiff | £| £| Income| | 1,570,000| Expenses| | | Employee Costs| 843,000| | Equipment & adenine; Materials | 295,000| | Heat & Light| 93,000| | furnish 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| | | | accepted Assets| | | Stock| 17,000| | Debtors| 3,000| | hard currency| 19,000| | | 39,000| | | | | Current Liabilities| | | Trade CreditorsAccured return | 53,0003,00056,000| | | | | Net Current Assets| | (17,000)| | | | | | | pith Assets less Current Liabilities| | 1,116,550| tenacious 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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