Page 34 - AGM Pamphlet 2021
P. 34
Detailed Income and Expenditure Account
For The Year Ended 31 December 2020
2020 2019
£ £ £ £
2020 Annual Accounts
Sales
676,897 601,439
Cost of sales
Opening stock 8,807 9,095
Closing stock (11,028) (8,807)
(2,221) 288
Gross Surplus 679,118 601,151
Other Income
Deposit account interest 1,596 260
680,714 601,411
Expenditure
Establishment costs 24,931 24,475
Insurance 1,694 2,037
Wages 263,155 247,380
Social security 23,596 24,938
Pensions 5,968 4,892
Printing, postage & stationery 12,796 23,214
Marketing & PR 13,603 25,926
Travelling 10,961 30,018
Computer costs 35,927 30,545
Sundry expenses 6,542 6,258
Staff training 1,301 7,686
Accountancy 15,307 9,624
Subscriptions 2,844 2,932
Compliance fees 2,075 -
Donations 898 363
Depreciation of tangible fixed assets
Depn of website 12,693 12,693
Fixtures and fittings 598 417
Computer equipment 5,022 4,868
Bad debts - 1,849
Annual conference 12,175 26,370
RCSP Expenses 42,090 35,342
Annual events 13,743 58,448
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