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					                                  SUTTON UNITED FOOTBALL CLUB



                                        ACCOUNTANTS' REPORT




We have prepared the accounts of the Sutton United Football Club for the year ended 31 st May 2003, and
certify that the Income and Expenditure Account attached is in accordance with the books and accounts of the
Club and to the best of our knowledge and belief is true and correct.




Grove House,
25 Upper Mulgrave Road,
Cheam,
Surrey, SM2 7BE.                                                          MAURICE ANDREWS
10th July 2003                                                            CHARTERED ACCOUNTANTS
                                SUTTON UNITED FOOTBALL CLUB

                              INCOME AND EXPENDITURE ACCOUNT
                              FOR THE YEAR ENDED 31ST MAY 2003




                                                         2003                       2002
                                                  £                £         £                £
INCOME
  Gate receipts
   Senior team league matches                   36,740                     33,537
   Senior team cup matches                       8,120                      8,403
   Senior team friendly matches                 21,803                     13,215
   Reserve and youth team matches                  704                      2,011
                                                                 67,367                     57,166
  Subscriptions
   Vice Presidents                                 894                      1,186
   Season tickets                                8,863                      8,156
                                                                  9,757                      9,342
  Donations
   Patrons                                       2,255                      3,043
   Vice Presidents                               1,000                      1,000
   Lucky Striker                                 2,900                      1,250
   Sponsored goals                               1,110                        889
   Supporters' Club                              2,702                      1,600
   Profit from sportsmens' dinner                2,000                      1,000
   Sundry                                        2,623                     63,429
                                                                 14,590                     72,211
  Income from advertisements displayed                            5,425                      8,291
  League & Cup sponsorship awards                                 1,750                      7,500
  Securicor sponsorship                                          45,000                     40,000
  Match sponsorship                                               8,941                      7,956
  Miscellaneous sponsorship                                       3,280                      5,116
  Footballs donated                                               1,359                      1,610
  Transfer fees received                                         80,000                      5,500
  Surplus from bar (Stadium Club)
   - per account annexed                                          4,684                  33,217
  Surplus from hire of ground                                     7,388                   4,310
  Surplus from sale of lottery tickets                            6,010                   8,283
  Surplus on programme advertising and sales                        638                     126
  Surplus (deficit) from 'Clubcall'                         (       262)               (    411)
  Surplus from club dinner                                          432                     784
  Car park receipts                                                 272                     391
  Sundry receipts                                                   427                     685
  Bank deposit interest                                             101                      62
                              carried forward                   257,159                    262,139
                                   SUTTON UNITED FOOTBALL CLUB

                                 INCOME AND EXPENDITURE ACCOUNT
                                 FOR THE YEAR ENDED 31ST MAY 2003
                                                   (continued)


                                                                 2003                       2002
                                                           £               £         £                £

                                 brought forward                        257,159                    262,139

EXPENDITURE
 Rates - general                                        12,707                     12,504
 Rates - water                                             932                      3,203
 Ground requisites and maintenance                      37,112                     48,068
 Football requisites                                     3,479                      2,752
 Medical costs etc.                                      3,763                      1,150
 Motor, travelling expenses
  and subsistence                                       14,957                     16,952
 Officials' fees and expenses                            2,662                      2,991
 Wages - players and managers                          129,453                    132,898
 Transfer fees paid                                       -                         2,000
 Printing, postage, stationery
  and photocopying                                       1,225                      1,019
 Telephone                                               3,494                      4,204
 Insurance                                               7,793                     11,778
 Subscriptions and entrance fees                         1,562                      1,903
 Entertaining visiting officials, etc.                   2,174                      2,627
 Legal and professional                                    288                       600
 Accountancy                                             3,800                      3,800
 Light and heat                                          4,701                      5,789
 General expenses                                          721                       980
 Bank charges and interest                                 748                       964
                                                                        231,571                    256,182
PROFIT FOR THE YEAR                                                      25,588                      5,957
                                                                        ======                     ======
                                SUTTON UNITED FOOTBALL CLUB
                                             'STADIUM CLUB'

                                    PROFIT AND LOSS ACCOUNT
                              FOR THE YEAR ENDED 31ST MAY 2003




                                                             2003                            2002
                                                      £                £             £                 £

BAR - TAKINGS                                                       175,471                         155,597
 Stock in hand 1.6.2002                              8,447                          5,998
 Purchases                                          83,068                         79,569
 Wages and national insurance                       74,176                         53,798
                                                   165,691                        139,365
  deduct: Stock in hand 31.5.2003                   10,320                          8,447
                                                                    155,371                         130,918
GROSS PROFIT                                                         20,100                          24,679

CATERING - INCOME                                                    20,311                          25,993
 Purchases                                           5,422                          8,302
 Wages and national insurance                       12,412                         12,793
                                                                     17,834                          21,095
GROSS PROFIT                                                          2,477                           4,898

GROSS PROFIT - as above                                              22,577                          29,577
 Subscriptions received                                                 519                             493
 Income from hire of club-house facilities                           19,706                          16,998
 Donation from social committee                                       2,913                             -
 Income from gaming machines/pool table                              10,948                          11,611
                                                                     56,663                          58,679
EXPENDITURE
  Wages - office staff                                 -                             887
  Light and heat
   - current year                                    1,797                            915
   - prior years refund                                -                      (     2,332)
  Glasses, optics and crockery replacement           1,425                            872
  Music promotors' costs                            10,200                            -
  Repairs and renewals, leasing charges
   - bar, equipment etc.                            12,599                          1,908
  Burglar alarm maintenance/renewal                  5,076                          1,592
  Rental of gaming machines                          1,620                          1,500
  Gaming machines licences                           1,696                          1,678
  Stock-taking fees                                    855                            860
  Printing, stationery and postages                     59                            122
  Cleaning and laundry                              14,392                         14,392
  Bank charges                                         852                            940
  Miscellaneous expenses                             1,408                          2,128
                                                                     51,979                          25,462
SURPLUS                                                               4,684                          33,217
                                                                    ======                          ======
 SUTTON UNITED FOOTBALL CLUB
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST MAY 2003




       MAURICE ANDREWS
       Chartered Accountants
       Grove House
       25 Upper Mulgrave Road
       Cheam
       Surrey, SM2 7BE

				
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