Financials202011

Financials November 2020

A breakdown of our finances for the month.

< Previous 202010 | Next 202012 >

Summary

The following reflect the overall status of the finances at the end of the month.

Current Assets: £20,545.24

• Current Account: £6,028.51
• Petty Cash (approximate): £136.63
• Paypal: £292.54
• Deposit Account: £14,087.56

Liabilities: £21,241.66

• Out of Hours Deposits (approximate): £5,250.00
• Business Rates: £15,991.66

Money Owed: £994.00

• Outstanding Invoices 10th December: £994.00

Notes of interest

Nothing too much to report. Notable outgoings on a PAT tester and laser tube. Usual selection of incomings.

Income/Outgoings

Turnover: £5,970

• Sales: £5,970

add Other Income: £286

• Grant Income: £286
  • Furlough Payment: £196.90

less Cost of Sales: £42

• Materials: £42

less Admin Expenses: £3,603

• Office Costs: £847
  • Electricity (October usage): £275.39
• Rent: £1,740
• Computer Software: £111
• Office Equipment: £731
• Internet & Telephone: £141
• Bank/Finance Charges: £33

less Staff Costs: £525

• Salaries: £525

less Bad Debts: £80

• Bad Debts Written Off: £80

Operating Profit: £2,006

Generated from a FreeAgent report exported on 2020-12-15 18:48:13 +0000, also summary financial-summary-202011.yaml

More information about this FinancialsReport

< Previous 202010 | Next 202012 >