QUESTION $7\mathrm{.}5($Taxation of a club$)$

South East Workers Club disclosed the following data for the $2021/22$ tax

year:

Note $1$

The holiday units are only available to members for use with their

families.

South East Workers Club is a not$-$for$-$profit company that is not a small

business entity.

Calculate the taxable income of South East Workers Club for the $2021/22$

tax year.

Calculate tax payable by South East Workers Club for the $2021/22$ tax

year.