Profit & Loss
leith community archers
Accounting Year 2025/26
| Debit | Credit | |
|---|---|---|
| Turnover | 11,372 | |
| donations | 11,312 | |
| Membership | 61 | |
| add Other Income | 9,987 | |
| Interest Received | 79 | |
| Refund of Other Tax Received | 3,396 | |
| Grant Income | 6,512 | |
| Gross Profit | 21,360 | |
| less Administration Expenses | 10,198 | |
| Equipment purchases | 3,024 | |
| Rent | 4,220 | |
| Internet & Telephone | 260 | |
| Staff Entertaining | 295 | |
| Legal and Professional Fees | 672 | |
| Bank/Finance Charges | 1,100 | |
| Insurance | 626 | |
| Realized Currency Exchange Gain/Loss | 1 | |
| less Staff Costs | 1,931 | |
| Staff Training | 1,931 | |
| less Depreciation | 94 | |
| Depreciation Charge | 94 | |
| Operating Profit | £9,136 | |
| less Drawings | £0 | |
| less Profit & Loss journal entries | £0 | |
| Retained Profit this period: | £9,136 | |
| Retained Profit brought forward: | -£865 | |
| Distributable Reserves / Retained Profit carried forward: | £8,272 |
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