## **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**<br>**Kyzone Kidz Ltd**<br>**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<br>|-|580.50<br>|
|**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<br>||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**|