Little Ship Club 2015-15 Annual Report
Little Ship Club Queensland Squadron Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2015
Note
2015
2014
$
$
Revenue
2
999,991
1,249,233
205,355
Other revenue
2
104,164
(4 62,086 ) 7 43,260
Cost of sales
(710,351)
643,046
Gross profit
Marketing
(9,128)
(35,392)
Selling expenses
(36,222)
(3,990)
(303,57 6 )
( 392,190 )
Administration expenses
Employment Expenses
(347,073)
(535,143)
Funding Costs
(1,255)
(444)
Section Expenses (GFC,FC,SC)
(27,846)
18,160
Operating profit (deficit) after income tax
(324,112)
The accompanying notes form part of these financial statements.
4
FS.4
Annual Report 2014–2015
Little Ship Club (Queensland Squadron)
Made with FlippingBook - Online catalogs