## **Profit and Loss** 

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

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



1 Jul 2025 Page 1 of 1 

Balance Sheet South West Maritime History Society