2021-07-31-accounts

PROFIT AND LOSS KYZONE KIDZ LTD FOR YEAR ENDED JULY 2021

FOR YEAR ENDED JULY 2021
	Jul-21	Jul-20	Jul 19
Bank Interest Received
Grants	51080.66	34033.66	32,687.68
Sales	32794.55	53991.93	78,670.54
Total Income	83,875.21	88,025.59	111,358.22
Less Cost of Sales
General Purchases	10,408.08	6,965.51	10,231.56
Wages	68,316.17	65,474.87	80,293.93
Total Cost of Sales	78,724.25	72,440.38	90,525.49
Gross Profit	5,150.96	15,585.21	20,832.73
Less Operating Expenses
Accounting	288.00	288.00	288.00
Bank Charges	562.94	536.16	466.22
General Equipment	1,238.41	885.87	3,128.72
Insurance	1,167.55	1,127.06	1,674.30
Licences	894.84	1,644.73	760.46
Light, Power, Heating	1,625.56	2,456.00	2,125.11
Printing & Stationery	-	124.80	295.99
Rent	-		-
Repairs & Maintenance	1,031.80	3,693.80	1,017.89
Staff Training & Welfare	1,069.25	1,818.00	1,631.20
Sundry	685.95	141.59	154.58
Telephone & Internet	-	- 324.86	58.95
Subscriptions	121.20	220.20	485.25
Legal	-	-	-
Water Rates	429.35	691.02	856.68
Total Operating Expenses	9,114.85	13,302.37	12,943.35
Net Profit	- 3,963.89	2,282.84	7,889.38

Balance Sheet Kyzone Kidz Ltd As at July 2021

Balance Sheet Kyzone Kidz Ltd As at July 2021
	Jul-21		Jul-20		Jul 19
Assets
Fixed Assets
Computer Equipment	1,057.99		1,057.99
Leasehold Improvements	8,293.13		6,000.01		6,250.00
Bank
Co-op Account	7,299.97		7,582.23		10,506.54
Lloyds Bank
PettyCash Account
Total Bank	7,299.97		7,582.23		10,506.54
Current Assets
Directors Loan	-		2,410.00		2,160.00
Prepayments	-		5,621.33
Accounts Receivable	1,260.42	-	2,618.13	-	580.50
Total Current Assets	1,260.42		5,413.20		1,579.50
Total Assets	16,853.52		18,995.44		18,336.04
Current Liabilites
Accounts Payables	395.88	-	114.56		416.46
Payroll Taxes	1,535.96		224.43		258.86
Total Current Liabilites	1,931.84		109.87		675.32
Net Assets	15,979.67		19,943.56		17,660.72
Equity
Retained Earnings	15,979.67		19,943.56		17,660.72
Total Equity	15,979.67		19,943.56		17,660.72