Finance

SID: 1431020/1
DR
Bank
Cash
Purchases
Delivery Van
Equipment
Office & Warehouse Furniture
Delivery Van Insurance
Delivery Van Fuel
Stationery
Office Rent
Warehouse Rent
Advertisement
Gas & Electric
Phone & Broadband
Staff Costs
Bank Loan Interest
Prepayments
Annual Delivery Van Depre'
Annual O & W Furniture Depre'
Annual Equipment Depre'
Drawings
Closing Stocks (BS)

Module Code: MOD004227
Trial Balance as at 31st December 2014
14353.12
818.15
20898.73
7800.00
1500.00
450.00
75.00
192.00
50.00
225.00
275.00
100.00
135.00
260.00
3500.00
120.00
2035.00
162.50
12.50
25.00
1800.00
6725.00
61512.00

Capital
Bank Loan
Sales
Accruals
Aggre' Delivery Van Depre'
Aggre' Equipment Depre'
Aggre' O & W Furniture Depre'
Closing Stocks (P&L)

CR
15000.00
11800.00
27187.00
600.00
162.50
25.00
12.50
6725.00

61512.00

24

SID: 1431020/1

Module Code: MOD004227

Super Pedal Sport Income Statement for the Month Ended December 2014
£
Income
Sales
Total

27187.00

Cost of Sales
Opening Stock
Purchases
Warehouse Rent
Other Direct Costs
Closing Stock
Total

£

0.00
20898.73
275.00
0.00
(6725.00)

27187.00

(14448.73)

Gross Profit
Selling & Distribution
Delivery Van Insurance
Delivery Van Fuel
Advertisement
Annual Delivery Van Depre'
Total
Administration
Staff Costs
Office Rent
Gas & Electric
Phone & Broadband
Stationery
Annual O & W Furniture Depre'
Annual Equipment Depre'
Total
Finance
Bank Loan Interest
Total
Net Profit Before Tax
Corporation Tax
Net Profit Before Drawings
Drawings
Retained Profit

12738.27

75.00
192.00
100.00
162.50
(529.50)

3500.00
225.00
135.00
260.00
50.00
12.50
25.00
(4207.50)

120.00
(120.00)
7881.27
(1576.25)
6305.02
(1800.00)
4505.02

26

SID: 1431020/1

Module Code: MOD004227

Super Pedal Sport Statement of Financial Position as at 31st December 2014
£
At Cost
Non-Current Assets
Delivery Van...