On 1 January 20-9 the Oakdale Youth Club had the following assets: furniture and fittings £1,500, games equipment £640, motor van £5,000, cash at bank £460. There were no liabilities.

During the year ended 31 December 20-9 the following receipts and payments were made:

£
Subscriptions 284 members at £6 each Electricity 905 Repairs to equipment 138 Proceeds of annual fete 852 Motor expenses 496 New games equipment 420 Postage and stationery 184 Insurance 375 General expenses 118 On 31 December 20-9 the following information was also available:
(i) There was an electricity bill outstanding of £107 (ii) Insurance prepaid was £115 You are required to:

(a) Prepare a receipts and payments account for the year ended 31 December 20-9.

(b) Prepare an income and expenditure account for the year ended 31 December 20-9.

(c) Calculate the accumulated fund at 1 January 20-9.

(d) Prepare a balance sheet as at 31 December 20-9.