Page 28 - AGM Pamphlet 2021
P. 28
Income Statement for The Year Ended
31 December 2020
2020 2019
Notes £ £
2020 Annual Accounts
Turnover 676,897 601,439
Cost of Sales (2,221) 288
Gross Surplus 679,118 601,151
Administrative Expenses 573,741 637,583
Operating Surplus/(Deficit) 4 105,377 (36,432)
Interest Receivable and similar 1,596 260
Income
106,973 (36,172)
Interest payable and similar 30 30
expenses
Surplus/(Deficit) Before 106,943 (36,202)
Taxation
Tax on surplus/(deficit) 16,787 --
Surplus/(Deficit) for the 90,156 (36,202)
Financial Year
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