This report compares your balance sheet as of the end of the selected month of this financial year with your balance sheet as of the end of the same month of last financial year.
Report Tip: This report shows you how your asset, liability, and capital account balances changed over the course of the year.
This Year | Last Year | £ 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% | ||
Office Equipment | ||||||
Office Equip., Original Cost | £12,000.00 | £12,000.00 | £0.00 | 0.0% | ||
Office Equip., Amortisation | (£4,000.00) | (£4,000.00) | £0.00 | 0.0% | ||
Total Office Equipment | £8,000.00 | £8,000.00 | £0.00 | 0.0% | ||
Vehicles | ||||||
Vehicles, Original Cost | £32,000.00 | £32,000.00 | £0.00 | 0.0% | ||
Vehicles, Amortisation | (£16,500.00) | (£16,500.00) | £0.00 | 0.0% | ||
Total Vehicles | £15,500.00 | £15,500.00 | £0.00 | 0.0% | ||
Other Assets | £500.00 | £500.00 | £0.00 | 0.0% | ||
Total Assets | £156,659.23 | £99,878.91 | £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% | ||
VAT Liabilities | ||||||
VAT 1 Collected | £2,214.58 | £354.98 | £1,859.60 | 523.9% | ||
VAT 2 Collected | £2,348.68 | £452.00 | £1,896.68 | 419.6% | ||
Total VAT Liabilities | £4,563.26 | £806.98 | £3,756.28 | 465.5% | ||
Payroll Liabilities | ||||||
Payroll Liabilities | £13,919.25 | £0.00 | £13,919.25 | NA | ||
Payroll Tax Payable | £105.00 | £0.00 | £105.00 | NA | ||
Vacation 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 | £135,170.15 | £126,506.98 | £8,663.17 | 6.8% | ||
Capital | ||||||
Paid in Capital | £110,000.00 | £110,000.00 | £0.00 | 0.0% | ||
Retained Earnings | (£58,078.07) | (£136,976.07) | £78,898.00 | (57.6%) | ||
Current Year Earnings | (£30,432.85) | £348.00 | (£30,780.85) | (8,845.1%) | ||
Total Capital | £21,489.08 | (£26,628.07) | £48,117.15 | (180.7%) | ||
_____________ | _____________ | _____________ | _____________ | |||
Total Liability & Capital | £156,659.23 | £99,878.91 | £56,780.32 | 56.8% |