Profit & Loss
Our Angel Bears
| Period 1: | Period 2: | Difference | Percentage | |
|---|---|---|---|---|
| Accounting Year | Accounting Year | change | ||
| 2022/23 | 2023/24 | |||
| Turnover | 171 | 71 | -100 | -58% |
| Sales | 171 | 71 | -100 | -58% |
| less Cost of Sales | 2,207 | 270 | -1,937 | -88% |
| Materials | 2,207 | 270 | -1,937 | -88% |
| Gross Profit | -2,036 | -199 | 1,838 | 90% |
| less Administration Expenses | 142 | 2,428 | 2,287 | 1611% |
| Office Costs | 7 | 5 | -2 | -29% |
| Web Hosting | 36 | 0 | -36 | -100% |
| Office Equipment | 0 | 18 | 18 | |
| Accommodation | 0 | 2,360 | 2,360 | |
| Postage | 154 | 46 | -108 | -70% |
| Realized Currency Exchange Gain/Loss | -55 | 0 | 55 | 100% |
| Operating Profit | -£2,178 | -£2,627 | -£449 | -21% |
| less Drawings | -£744 | -£4,013 | -£3,269 | -439% |
| less Profit & Loss journal entries | £0 | £0 | £0 | 0% |
| Retained Profit this period: | -£1,434 | £1,386 | £2,820 | 197% |
| Retained Profit brought forward: | -£474 | -£1,908 | -£1,434 | -303% |
| Distributable Reserves / Retained Profit carried | -£1,908 | -£522 | £1,386 | 73% |
| forward: |
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