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2022-12-31-accounts

lncome&Exp enditure Accountfor theyear ending 31stDecem ber2022
2022 2021
fff t
INCOME
Right Royal Reign 1,668 582
Guiders'meal 300
1,668 882
EXPENDITURE
Censuspayments 148 r.35
Grants
Right Royal Reign 2,635 582
Division lnsurance 81 74
Guiders'meal 300
lnmernory 75
Bankcharges 52 7
Print,Postage,Stationery and Telephone t7 18
(3,007) 1,1L5
(Deficit) forthe year (1,339) (233)
BALANCESHEETasat31st December 2022
2022 202L
f f f
CURRENT A55ET5
CurentAccountBalance 3,019 4,358
3,019 4,359
LESSCURRENT LIABILITIES
Accruedcosts
3,019 4,358
REPRESENTEDBY
SurplusAccountbff 4,358 4591
Surplus/(Loss) for the year (1,33e) (233)
3,019 4,3s8

I 2022
f,
f 2021
Sales 30,364 26,863
Lessrefunds (20)
----5d,364' 26,843
Less Cost of Sales
Opening stock 18,857 17,424
Purchases 23,094 21,705
41,951 39,129
Less Closing Stock (17,463) (18,857)
24,488 20,272
Gross Profit 5,876 6,571
Sundrylncome
Expenditure
Rent 2,750 1,400
lnsurance 299
Mileage 136 :,,
Training 45
Equipment 215
Alarm 78
Telephone 151 141
Bank charges/card machine 406 298
3,787 2,415
ProfiU(Loss) 2,089 4,156
Gross profitmargin 19o/o 24o/o
Nelprofit margin 7o/o 154/s
BALANCESHEET
AT31ST DECEMBER 2022
2022 2021
Current Aseets
Stock 17,463 18,857
Debtor 44.OA
Bank current account 19,313 14,737
Cash 40 40
36,816 33,678
Currentliabilities
Creditors I(11,074) (25)
Net CurrentAssets 35,742 ---T3F5t
Reserves
Opening balance 33,653 29,497
ProfitI(Loss) for the year 2,089 4,156
35,742 33,653