|
Income and Expenditure Account for the 52 weeks ended 1 April 1999
| |
Notes |
1998-99
£ |
1997-98
£ |
| |
|
|
|
| Turnover |
2 |
4,553,780 |
4,213,241 |
| Cost of Sales |
|
(2,620,132) |
(2,375,445) |
| |
|
|
|
| Gross Profit |
2 |
1,933,648 |
1,837,796 |
| |
|
|
|
| Other Operating Costs |
3 |
(1,765,891) |
(1,561,658) |
| Other Operating Income—Service Charge |
|
190,056 |
169,338 |
| |
|
|
|
| Operating Surplus |
|
357,813 |
445,476 |
| |
|
|
|
| Gain on redemption of Treasury Stock |
4 |
80,992 |
— |
| Interest Receivable |
5 |
197,083 |
158,976 |
| |
|
|
|
| Surplus on Ordinary Activities before Taxation |
|
635,888 |
604,452 |
| |
|
|
|
| Tax on Investment Transactions |
6 |
(58,358) |
(33,385) |
| |
|
|
|
| Surplus on Trading Account for Financial period |
|
577,530 |
571,067 |
| |
|
|
|
| Retained surplus brought forward |
7 |
2,394,042 |
2,260,920 |
| |
|
|
|
| |
|
2,971,572 |
2,831,987 |
| |
|
|
|
| Appropriations |
|
|
|
| Contributions—HOC Works Vote |
7 |
(500,000) |
— |
| Amount transferred from Capital Asset Reserve |
7,8 |
24,507 |
24,484 |
| Amount transferable to HOC Administration Vote |
7 |
(348,266) |
(462,429) |
| |
|
|
|
| Retained Surplus carried forward |
|
2,147,813 |
2,394,042 |
| |
|
|
|
All amounts relate to continuing activities. All recognised gains
and losses are included in the Income and Expenditure Account.The
notes on pages 13 to 17 form part of these accounts.
The notes on pages 13 to 17 form part of these accounts.
|
