Financials For Flip Out

Financials for Flip Out
Income State for the year ending 2012-13
Revenue
a)
947,764.60
Expenses
b)
(497,526.98)
450,237.62
(1,500.00)
Profit before Interest and Tax
448,737.62
Interest @ 9%
2,700.00
Profit before Tax
451,437.62
Tax @ 30 %
(135,431.29)
Net profit
316,006.33
Rent
260,000.00
Elecricity
5,600.00
Salaries
163,280.00
Legal Expenses
1,700.00
caf Expenses
66,946.98
Gross Profit
Selling and Marketing Expenses
b)

Balance sheet as at 31st July 2013
Fixed Assets
Trampoline Centre
Saloon
$
$
50,000.00
5,000.00
$
Current Assets
Cash and Cash Equivalents
Capital
Equity
Long term Loans
Retained Earnings
c)
55,000.00
$
627,637.62
682,637.62
$
$
$
75,000.00
30,000.00
394,266.33
499,266.33
Current Liabilities
Customer Advances
14,400.00
Tax Liability
168,971.29
682,637.62

a)
Income Summary
Visitors
Kids Parties
Aerobics
Bounce Boppers
School Sports
Saloon Rent
Caf Income (Coffee)
Caf income (Friday Deal)
Caf Income (Snacks)
$
$
$
$
$
$
$
$
$
466,480.00
322,560.00
12,480.00
19,791.00
61,539.84
20,800.00
16,299.36
91,000.00
39,984.00
$ 1,050,934.20

b)
Cost Summary
Descripotion
Fixed
Rent
Elecricity
Marketing
Salary (Brent)
Salary (Casuals)
Book Keeping
Legal Expenses
Rate Activity Total

5000
52 260000
1400
4
5600
1500
0
1600
52
83200
22
3120
68640
22
520
11440
1700
Caf Expenses
Variable
Total
$
$
$
$
$
$
$
260,000.00
5,600.00
1,500.00
83,200.00
68,640.00
11,440.00
1,700.00
$ 66,946.98
$ 499,026.98

Income Analysis Month By Month
Aug-12
Revenue Source
Rate
Activity
No of Customers/ week
Increase (%)
Total
weeks
Visitors
14.00
630.00
4.00
1.00
35,280.00
Kids Parties
360.00
10.00
4.00
1.00
14,400.00
Aerobics
8.00
30.00
4.00
1.00
960.00
Bounce Boppers
15.00
15.00
4.00
1.00
900.00
School Sports
8.00
90.00
4.00
1.00
2,880.00
Caf Income (Coffee)
3.60
207.90
4.00
1.00
2,993.76
Caf Income (Snacks)
10.00
75.60
4.00
1.00
3,024.00
$
60,437.76

Sep-12
Revenue Source
Rate
Activity
Increase (%)
Total
weeks
Visitors
14.00
700.00
4.00
1.00
39,200.00
Kids Parties
360.00
10.00
4.00
1.40
20,160.00
Aerobics
8.00
30.00
4.00
1.30
1,248.00
Bounce Boppers
15.00
15.00
4.00
1.30
1,170.00
School Sports
8.00
90.00
4.00
1.20
3,456.00
Caf Income (Coffee)
3.60
231.00
4.00
1.00
3,326.40
Caf Income (Snacks)
10.00
84.00
4.00
1.00
3,360.00
$
71,920.40

Oct-12
Revenue Source
Rate
Activity
Increase (%)
Total
weeks
Visitors
14.00
700.00
4.00
1.00
39,200.00
Kids Parties
360.00
20.00
4.00
1.00
28,800.00
Aerobics
8.00
30.00
4.00
1.69
1,622.40
Bounce Boppers
15.00
15.00
4.00
1.69
1,521.00
School Sports
8.00
90.00
4.00
1.44
4,147.20
Caf Income (Coffee)
3.60
231.00
4.00
1.00
3,326.40
Caf Income (Snacks)
10.00
84.00
4.00
1.00
3,360.00
$
81,977.00

Nov-12
Revenue Source
Rate
Activity
Increase (%)
Total
weeks
Visitors
14.00
700.00
4.00
1.00
39,200.00
Kids Parties
360.00
20.00
4.00
1.00
28,800.00
Aerobics
8.00
60.00
4.00
1.00
1,920.00
Bounce Boppers
15.00
30.00
4.00
1.00
1,800.00
School Sports
8.00
90.00
4.00
1.73
4,976.64
Caf Income (Coffee)
3.60
231.00
4.00
1.00
3,326.40
Caf Income (Snacks)
10.00
84.00
4.00
1.00
3,360.00
$
83,383.04
Dec-12 - July-13
Revenue Source
Rate
Activity
Increase (%)
Total
weeks
Visitors
14.00
700.00
32.00
1.00
313,600.00
Kids Parties
360.00
20.00
32.00
1.00
230,400.00
Aerobics
8.00
60.00
32.00
1.00
15,360.00
Bounce Boppers
15.00
30.00
32.00
1.00
14,400.00
School Sports
8.00
180.00
32.00
1.00
46,080.00
Caf Income (Coffee)
3.60
231.00
4.00
1.00
3,326.40
Caf Income (Snacks)
10.00
84.00
32.00
1.00
26,880.00
Variable income
Saloon
Caf Fridays Deal
Total
$
650,046.40
$
947,764.60
$
20,800.00
$
91,000.00
$
1,059,564.60

Financials For Flip Out

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Financials For Flip Out

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Financials for Flip Out

Income State for the year ending 2012-13

Profit before Interest and Tax

Profit before Tax