| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Income: Sales ofsecondhand | Furniture | 50826 | 107982 | |||||
| COST OF SALE | ||||||||
| Opening Stock Purchases |
10000 18921 |
9300 I(940 |
||||||
| 28921 | 20840 | |||||||
| Less: Closing stock | ~(19000 | (10000) | ||||||
| 13921 | 10840 | |||||||
| Direct Cost: Consultancy Fee Tutors & Open day Courses |
24793 966 |
39680) | 36130 13190 |
60160) | ||||
| Gross Profit | 11146 | 47822 | ||||||
| Other Income: Grants Received | 9959 | 49383 | ||||||
| Donations | 10300 | 20259 | 14000 | |||||
| 31405 | 111205 | |||||||
| Less Es enditure: | ||||||||
| Container & Space Rent. Water rates & Light & Heat Telephone & Broadband Printing. Postage & Stationery Insurance |
Insurance | 3822 1015 1811 35 3360 |
15160 1954 582 624 3360 |
|||||
| Subscription & Fees Motor Expenses. & Van rental Travelling & Subsistence Advertsing & Promotion Gift & Donation |
663 3147 135 948 1476 |
663 4333 400 2987 11364 |
||||||
| Renovation, Repairs & Renewal Skip & Plant Ilire Recurit(nent Agency Fee Commission Paid |
8857 710 707 181 |
42279 1136 18353 4053 |
||||||
| Accountancy tee Volunteer's General Expenses |
675 1264 |
675 3566 |
||||||
| Depreciation Charges |
2819 | (31625) ( f20) |
1108 | 112597) (1392) |
||||
| Financia I Cost |
||||||||
| Card Machine Rental &Charges |
747 | 258 | ||||||
| Company House |
13 | (760) | 13 | (271 | ||||
| Surplus / Deficit for the Year |
(900( | ((660( |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||
| Tangible Assets | |||||||
| Motor Vehicle | 8200 | NIL | |||||
| Office Equpmem E:Fixtures |
2547 | 2490 | |||||
| Container for Storage | 2097 | 12844 | 255$ | ||||
| CURRENT ASSETS | |||||||
| Stock | 15000 | 10000 | |||||
| Trade Debtors 8; Prepayments | NIL | 1500 | |||||
| Motor Vehicle Deposit | Prepaid | NIL | 9500 | ||||
| Cash at Bank Current |
Account No: | 63140160 | 1437 | 6556 | |||
| 71415386 | 14611 | 911 | |||||
| 31048 | 28467 | ||||||
| CURRENT LIASILITIES | |||||||
| Trade Creditors | 24010 | 18346 | |||||
| Sundry Creditors | 8768 | 3413 | |||||
| Loans | 12073 | l4735 | |||||
| Private | 3000 | NIL | |||||
| 47851 | 36494 | ||||||
| CURRENT ASSETS LESS CURRENT LIABILITIES |
(16803) | ~$027) | |||||
| NET BUSINESS ASSE'I S | ~3959) | ~2979 | |||||
| CAPITAL RESERVE | |||||||
| Balance at 31-08-2021 | (2979) | (1316) | |||||
| Profit 8' Loss Account | ~l)$0 | ~I663) | |||||
| Balance at 31-08-2021 | ~2979) | ||||||
| Page 9 of 10 |