Profit & Loss [Budget Analysis] report


Profit & Loss [Budget Analysis] December 2011
			Selected Period	Budgeted	£ Difference	% Difference

Income
	Sales
		Retail Sales	£5,318.00	£5,000.00	£318.00	6.3%
		Wholesale Sales	£1,567.50	£1,500.00	£67.50	6.3%
		Consignment Sales	£2,000.00	£2,500.00	(£500.00)	(2.0%)
Total Income			£8,885.50	£9,000.00	(£114.50)	(1.2%)

Cost of Sales
	Retail Cost of Sales		£3,419.31	£3,000.00	£419.31	1.4%
	Wholesale Cost of Sales		£1,001.33	£1,000.00	£1.33	0.01%
Total Cost of Sales			£4,420.64	£4,000.00	£420.64	10.5%
Gross Profit			£4,464.86	£5,000.00	(£535.14)	(10.7%)

Expenses
	Car & Truck Expenses		£100.00	£125.00	(£25.00)	(20.5%
	Carriage Paid		£48.95	£75.00	(£26.05)	(34.7%)
	Insurance (other than health)		£45.00	£50.00	(£5.00)	(10.0%)
	Utilities		£450.00	£400.00	£50.00	12.5%
	Wages Paid		£750.00	£700.00	£50.00	7.1%
Total Expenses			£1,393.95	£1,350.00	(£580.15)	(13.8%)
Operating Profit			£830.01	£785.00	£45.01	5.7%
Net Profit/(Loss)			£830.01	£785.00	£45.01	5.7%