Profit and Loss
IGBO Progressive Union For the period 26 June 2020 to 30 November 2021
Account 6 Jun 2020-30 Nov 2021
| Turnover | |
|---|---|
| Donations | 6,199.85 |
| Dues and Subscriptions | 985.00 |
| Other Revenue | 80.00 |
| Total Turnover | 7,264.85 |
| Gross Profit | 7,264.85 |
| Administrative Costs | |
| Refreshments | 240.00 |
| Rent / Venue Costs | 1,719.50 |
| Total Administrative Costs | 1,959.50 |
| Operating Profit | 5,305.35 |
| Profit on Ordinary Activities | 5,305.35 |
| Profit after Taxation | 5,305.35 |
Balance Sheet
IGBO Progressive Union As at 30 November 2021
| Account | 30 Nov 2021 | |
|---|---|---|
| Current Assets | ||
| Cash at bank and in hand | ||
| IGBO Progressive Union | 5,305.35 | |
| Total Cash at bank and in hand | 5,305.35 | |
| Total Current Assets | 5,305.35 | |
| Net Current Assets(Liabilities) | 5,305.35 | |
| Total Assets less Current Liabilities | 5,305.35 | |
| Net Assets | 5,305.35 | |
| Capital and Reserves | ||
| Current Year Earnings | (5.00) | |
| Retained Earnings | 5,310.35 | |
| Total Capital and Reserves | 5,305.35 |