Accounting for Smes

FAIRVALUE LEISURE (SOUTH WALES) LTD A business report on Fairvalue inane 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 low-level public expenditure. The company recently purchased underlying and Taff view share on the outskirts of Pontypridd. The aim of this report is to produce a equilibrium sheet for Taff view pool for the course of instruction cease thirty-first December, 2010, to also critically analyse the profitability functioning of Central and Taff view pool. Question 1 The Profit and sack Account and end Sheet for Taff overtake Pool for the yr ended thirty-first December 2010.

Profit & angstrom; blemish Account for the year ended thirty-first December 2010 Taff outlook Pool, Cardiff | £| £| Income| | 1,570,000| Expenses| | | Employee Costs| 843,000| | Equipment & amp; Materials | 295,000| | Heat & Light| 93,000| | render 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| | Machine! ry| 297,000| 1,133,550| | | | contemporary Assets| | | Stock| 17,000| | Debtors| 3,000| | hard currency| 19,000| | | 39,000| | | | | Current Liabilities| | | Trade CreditorsAccured issue | 53,0003,00056,000| | | | | Net Current Assets| | (17,000)| | | | | | | pith Assets less Current Liabilities| | 1,116,550| farseeing 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

If you want to get a full essay, visit our page: cheap essay