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||||2020|||2019||
|---|---|---|---|---|---|---|---|
|Income: Sales ofsecondhand|Furniture|||38209|||60623|
|.OST OF SALE||||||||
|Opening Stock||5600|||NIL|||
|Purchases||8353|||2243|||
|||13953|||2243|||
|Less; Closing stock||(9300)|||(5600)|||
|||4653|||(3357)|||
|Direct Cost:
Consultancy|Fee|20165|||13069|||
|Tutors &Open day Courses||9880||34698)|13455||(23167|
|Gross Profit||||3511|||37456|
|Other Income: Grants Received||||29970|||NIL|
|||||33481|||37456|
|Less Ex endlture:||||||||
|Container &Space Rent||5623|||3000|||
|Light &Heat||1296|||1875|||
|Telephone &Broadband||3IO|||398|||
|Printing,
Postage &Stationery||1980|||156|||
|Insurance||636|||432|||
|Subscription
&Fees||869|||772|||
|Motor Expenses, Travelling|&Subsistence|5212|||2612|||
|Advertsing
&Promotion||1383|||4411|||
|Gift &Donation||5200|||8759|||
|Renovation,
Repairs &Renewal||9864|||10931|||
|Skip &Plant Hire||816|||1318|||
|Recuritment
Agency Fee||4672|||NIL|||
|Bookkeeping
charges||176|||NIL|||
|Accountancy
fee||90|||832|||
|General Expenses||314|||679|||
|Depreciation
Charges||1207||39648)|494||36669|
|||||(6167)|||(787)|
|Financial Cost||||||||
|Card Machine Rental &Charges||1030|||721|||
|Company
House||13||1043|NIL||721|
|Surplus
/ Deficit for the Year||||(22363|||66|
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|||2020|||20]9||
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Tangible Assets|||||||
|ONce Equpnmnt
&Fixtures|2378|||2150|||
|Computer
for store|3ll9||5497|NIL||2150|
|CURRENT ASSETS|||||||
|Stock|9300|||5600|||
|Trade Debtors &Prepayments|NIL|||l44|||
|Cash at Bank|25459|||6605|||
||34759|||l2349|||
|CURRENT LIABILITIES|||||||
|Trade Creditors|]3946|||8305|||
|Sundry Creditors|l2626|||300|||
|Bank Loan|15000|||NIL|||
||41572|||8605|||
|CURRENT ASSETSLESS|||||||
|CURRENT LIABILITIES|||(6813)|||3744|
|NET BUSINESSASSETS|||(1316)|||5694|
|CAPITAL RESERVE|||||||
|Balance at 3I-08-20 I9|||5894|||5828|
|Profit &Loss Account|||(72 I0)|||66|
|Balance at 31-08-2020|||(1316)|||5594|
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