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2025-03-31-accounts

Profit and Loss

South West Maritime History Society For the year ended 31 March 2025

Profit and Loss
South West Maritime History Society
For the year ended 31 March 2025
2025 2024
Turnover
Book Sales 153.00 157.55
Book Sales via Website 122.50 147.50
David Clement - 2 Volume Set 129.40 283.85
Interest Income 75.78 50.82
Meeting Revenue via Website 550.50 1,279.50
Meetings Revenue 929.00 185.00
Membership Subscriptions 2,932.00 2,947.00
MSW Printed - 5.00
Other publications - 623.08
Paypal Membership Subscriptions 400.00 560.00
Stripe Digital Only 105.00 60.00
Stripe Membership Subscriptions 1,250.00 780.00
SWS Paper Copies - 180.00
Total Turnover 6,647.18 7,259.30
Cost of Sales
Meeting Expenses 1,109.70 475.00
Origination & Design Work 327.00 -
Paypal Commission 65.30 56.71
Postage of Journal 759.98 671.51
Printing & Publication Costs 1,355.19 3,075.09
Stripe Commission 47.37 30.01
Sumup Commission 15.56 2.07
Total Cost of Sales 3,680.10 4,310.39
Gross Profit 2,967.08 2,948.91
Administrative Costs
Advertising & Marketing - 22.99
General Expenses 209.00 -
IT Software and Consumables 410.00 451.76
Postage, Freight & Courier 72.07 36.74
Printing & Stationery 5.68 -
Subscriptions 150.00 150.00
Website & Social Media 729.00 360.00
Woo-commerce Commission 7.72 0.82
Total Administrative Costs 1,583.47 1,022.31
Operating Profit 1,383.61 1,926.60
Other Income
Advertising 5.00 90.00

Profit and Loss South West Maritime History Society

24 Sept 2025 Page 1 of 2

Profit and Loss

2025 2024
Donations 128.00 50.00
Total Other Income 133.00 140.00
Profit on Ordinary Activities Before Taxation 1,516.61 2,066.60
Profit after Taxation 1,516.61 2,066.60

Profit and Loss South West Maritime History Society

24 Sept 2025 Page 2 of 2

Balance Sheet

South West Maritime History Society As at 31 March 2025

Balance Sheet
South West Maritime History Society
As at 31 March 2025
Balance Sheet
South West Maritime History Society
As at 31 March 2025
31 MAR 2025
31 MAR 2024
Current Assets
Cash at bank and in hand
Southwest Maritime History (2)
4,923.07
2,312.29
Southwest Maritime History Soc
1,123.50
2,352.72
Total Cash at bank and in hand
6,046.57
4,665.01
Accounts Receivable
20.00
309.95
Total Current Assets
6,066.57
4,974.96
Creditors: amounts falling due withinone year
Accounts Payable
-
425.00
Total Creditors: amounts falling due within one year
-
425.00
Net Current Assets (Liabilities)
6,066.57
4,549.96
Total Assets less Current Liabilities
6,066.57
4,549.96
Net Assets
6,066.57
4,549.96
Capital and Reserves
Current Year Earnings
1,516.61
2,066.60
Retained Earnings
4,549.96
2,483.36
Total Capital and Reserves
6,066.57
4,549.96

1 Jul 2025 Page 1 of 1

Balance Sheet South West Maritime History Society