Profit & Loss [Budget] report


Profit & Loss [Budget] November 2011 to December 2011
			November	December	Total

Income
	Sales
		Retail Sales	£500.00	£5,000.00	£5,500.00
		Wholesale Sales	£100.00	£1,500.00	£1,600.00
		Consignment Sales	£11,000.00	£2,500.00	£13,500.00
Total Income			£11,600.00	£9,000.00	£20,600.00

Cost of Sales
	Retail Cost of Sales		£450.00	£3,000.00	£3,450.00
	Wholesale Cost of Sales		£100.00	£1,000.00	£1,100.00
	Consignment Cost of Sales		£550.00	£4,000.00	£4,550.00
Total Cost of Sales			£11,050.00	£5,000.00	£16,050.00

Gross Profit			£550.00	£4,000.00	£4,550.00

Expenses
	Car & Truck Expenses		£0.00	£125.00	£125.00
	Carriage Paid		£0.00	£75.00	£75.00
	Insurance (other than health)		£0.00	£50.00	£50.00
	Utilities		£0.00	£400.00	£400.00
	Wages Paid		£0.00	£700.00	£700.00
Total Expenses			£0.00	£1,350.00	£1,350.00
Operating Profit			£11,050.00	£785.00	£11,835.00
Net Profit/(Loss)			£11,050.00	£785.00	£11,835.00