Old Basing Allotment & Garden Society        

Trading Profit & Loss Account        

For the Year Ended 31st October 2022        

        

Sales from Trading Hut                        £                                £  

        

Shop Sales                                                                         405.35                                                                                                

Less Cost of goods sold        

Opening Stock:    1/11/21                2,210.71    

Add:   Fargro Purchases                        -      

 Forest Lodge                                      -      

                                                   2,210.71    

Less: Closing Stock: 31/10/22         (1,858.82)   

        

Cost of goods sold                             351.89     

Lawn Weed Feed/Moss write off        

                                                                                                                                                                                                  351.89   

        

Gross Profit on Trading Activities for the Year                 53.46   

        

Membership Income                                                            18  

        

Suttons Seed rebate                                                            40.83                                                                                                    

        

Sale of miscellaneous items                                                 79.04  

        

Interest from Business Premium Account                                 3.06   

        

Total Income from all Sources                                             193.94   

        

        

General Expenses        

Annual Insurance premiums                 (175.00)   

Web site fee                                       (72.00)   

RHS Subscription                                  (45.00)   

Wasp nest removal                             (120.00)                         (412.00)  

        

        

Net Profit for the year transferred to reserves                              (218.06)