Belfast Darts Club, though formed in 20W8, never maintained proper books of account. Their transactions, however, were always recorded through the bank account. They have two types of membership: player members pay £40 per month and social members pay £30 per month. A non-refundable fee of £500, charged on joining, is regarded as part of the income for the year. The bank statements for the year ended 31.12.20X2 have been summarized as stated below.

You have gathered the following additional information:
1. £24,880 of player membership subscriptions and £9,500 of social membership subscriptions are to be written off in the year.
2. Regular till collections are made on match days for the benefit of those mentally handicapped.
3. The assets and liabilities of the club include the following:

4. The clubhouse is not depreciated; one-fifth of the year-end book value of furniture is written off as depreciation.
Required
Prepare the following for Belfast Darts Club, for the year ended 31 December 20X2:
a. the opening statement of financial position;
b. the bar income account;
c. the refreshments income account;
d. the income and expenditure account; and
e. the closing statement of financial position.

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Bolance at bank on 1 Jan 20x2 8,500 In respect of the years 202 2ove 200 20x3 Player membership fees Social membership fees Joining lees ollections for chari Bor tokings Sale of refreshments Stoff salary 120 per cent bor, 10 per cent refreshments, rest generol Bar rates Purchase of refreshments Furmiture and finings Donations to the chority Repayment of mortgage loan Interest on the mortgage loon Purchase of playe consumables Bar purchases Membership welfore Administrative expenses Clubhouse maintenance Travel expenses on away matches reimbursed Balance at bank on 31 December 20X2 22,400 237,600 3,840 263,840 26,880 6100 7,920 50,900 43,000 15,300 130,960 42,690 (140,960) 8,000) 33,700) 60,000) (12,400) 50,000) (13,750) (45,200) (133,200) 28,520) (53,360) (44,900 28,520) 2,680 31.12.20x 31.12.20X2 Clubhouse af cost Furniture at book value Trade receivobles for player membership fees Trade receivables for social membership fees Inventories of plcyer consumables Inventories of bar supplies Trade receivables for bor soles Subscription in advance-players' membership Subscription in advance -social membership Trade payables for bar supplies Trade payables for refreshment supplies Bar rotes owing Owed to charity Loan on 80,000 480,000 145,000 56,800 38,900 22,500 49,300 12,900 2,900 5,100 11,300 3,120 5,000 81,020 56,920 29,100 43,000 33,100 B,800 9,900 6,000 age of club house premises 250,000