Professional Documents
Culture Documents
Student Name:
Class: HN MUSIC BUSINESS
Month Jan Feb March April May June July August September October November December Total
Revenue-Studio Hire 8,768.96 4,480.00 6,970.00 3,506.00 6,387.00 4,240.00 1,250.00 1,188.00 4,260.00 3,565.00 5,280.00 7,960.00 57,854.96
Revenue- Sponsorship 602.89 605.66 609.02 544.86 525.05 602.89 522.86 1,011.00 322.88 405.66 880.00 600.92 7,233.69
Cost of sales 200.00 590.00 300.00 600.00 52.00 99.00 250.00 560.00 320.00 400.00 200.00 600.00 4,171.00
Gross Profit 9,171.85 4,495.66 7,279.02 3,450.86 6,860.05 4,743.89 1,522.86 1,639.00 4,262.88 3,570.66 5,960.00 7,960.92 60,917.65
Expenses/overheads
Premises (rent, rates) 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 3,420.00
Electricity 223.00 115.00 145.00 85.00 85.00 85.00 65.00 55.00 80.00 150.00 250.00 250.00 1,588.00
Broadband 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 15.00 345.00
Telephone 29.00 33.00 40.00 110.00 110.00 123.00 200.00 180.00 160.00 140.00 110.00 50.00 1,285.00
Insurance 190.00 190.00 190.00 190.00 190.00 190.00 190.00 190.00 190.00 190.00 190.00 190.00 2,280.00
Postage and carriage 85.00 15.00 45.00 90.00 100.00 380.00 410.00 66.00 49.00 51.00 62.00 40.00 1,393.00
Advertising 250.00 295.00 295.00 325.00 425.00 110.00 150.00 150.00 295.00 395.00 395.00 395.00 3,480.00
Interest and bank charges payable 0.00 0.00 0.00 0.00 0.00 28.00 15.00 28.00 28.00 0.00 0.00 0.00 99.00
Stationery 15.00 15.00 15.00 30.00 30.00 50.00 52.00 19.00 20.00 20.00 15.00 35.00 316.00
Salaries 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 400.00 4,800.00
Car Finance 180.00 180.00 180.00 180.00 180.00 180.00 180.00 180.00 180.00 180.00 180.00 180.00 2,160.00
Accountancy fees 350.00 228.00 0.00 0.00 450.00 450.00 220.00 210.00 0.00 0.00 150.00 90.00 2,148.00
Legal/professional fees 0.00 0.00 0.00 229.00 359.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 588.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24,233.33 24,233.33
Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,500.09 6,500.09
Total expenses/overheads 2,037.00 1,786.00 1,625.00 1,954.00 2,644.00 2,311.00 2,197.00 1,793.00 1,717.00 1,841.00 2,067.00 32,663.42 54,635.42
Net profit 7,134.85 2,709.66 5,654.02 1,496.86 4,216.05 2,432.89 -674.14 -154.00 2,545.88 1,729.66 3,893.00 -24,702.50 6,282.23
Fixed Assets
Equipment 126,666.67
Computers 2,100.00
Copyright 20,000.00
Website Domain 60.00
Office Space 19,500.00
Total: 168,326.67
Current Assets
Cash 450.99
Stock 600.50
Total: 1,051.49
LIABILITIES
Current Liabilities
Loan (1 year) 7,000.00
Taxes 6,500.09
Overdrafts 400.00
Car Finance (1 year) 2,160.00
Electricity 500.00
Total: 16,560.09
Total: 18,320.00
NetAssetValue 134,498.07