Balance Sheet [Budget Analysis] report


Balance Sheet [Budget Analysis] October 2011
			Selected Period	Budgeted	£ Difference	% Difference
Assets
	Cash Accounts
		Bank Account	£16,664.83	£34,878.91	(£18,214.08)	(52.2%)
		Petty Cash	£100.00	£100.00	£0.00	0.0%
	Total Cash Accounts		£16,764.83	£34,978.91	(£18,214.08)	(52.1%)
	Stock
		Raw Materials	£3,400.00	£3,400.00	£0.00	0.0%
		Finished Goods	£75,129.62	£5,400.00	£69,729.62	1,291.3%
	Total Stock		£78,529.62	£8,800.00	£69,729.62	792.4%
	Trade Debtors		£37,264.78	£32,000.00	£5,264.78	16.5%
	Deposits Paid Suppliers		£100.00	£100.00	£0.00	0.0%
Total Assets			£132,559.23	£75,878.91	£56,780.32	56.8%

Liabilities
	Credit Cards
		American Express	£3,200.00	£3,200.00	£0.00	0.0%
		Visa	£1,000.00	£1,000.00	£0.00	0.0%
	Total Credit Cards		£4,200.00	£4,200.00	£0.00	0.0%
	Trade Creditors		£10,615.14	£21,000.00	(£10,384.86)	(49.5%)
	Bank Indebtedness		£100,000.00	£100,000.00	£0.00	0.0%
	Payroll Liabilities
		Payroll Liabilities	£13,919.25	£0.00	£13,919.25	NA
		Payroll Tax Payable	£105.00	£0.00	£105.00	NA
		Holiday Payable	£1,267.50	£0.00	£1,267.50	NA
	Total Payroll Liabilities		£15,291.75	£0.00	£15,291.75	NA
	Deposits from Customers		£500.00	£500.00	£0.00	0.0%
Total Liabilities			£130,606.89	£126,006.98	£8,663.17	6.8%

Capital
	Paid in Capital		£110,000.00	£110,000.00	£0.00	0.0%
	Retained Earnings		(£58,078.07)	(£136,628.07)	£78,550.00	(57.5%)
	Current Year Earnings		(£30,432.85)	£14,285.00	(£44,717.85)	(313.0%)
Total Capital			£21,489.08	(£12,343.07)	£33,832.15	(274.1%)

Total Liability & Capital			£156,659.23	£114,163.91	£42,495.32	37.2%