Reply To: 2023 accounts

Members Forum Society Matters 2023 accounts Reply To: 2023 accounts

#248032
John Cutler
Participant

    4 weels later it seems there will probably be no answer to my query regarding the real profit on trading.

    Here is my guesstimate, based on professional experience:

    2023                              2022

    Gross trading profit per the accounts                                            7,082                             7,071

    Less depreciation on moulds (track)                                              4,891                             4,891

    Less 10% website costs                                                                 145                                133

    Less paypal/strike fees                                                                   799                                841

    Less insurance: 0.5% of sales & 0.5% of stock & assets (moulds)      376                                354

    Net trading profit                                                                           871                                851

    Possible margins of error: +200/ -1,000

    I think members should know that we do not make a huge profit on the Stores trading.

    Unfortunately I get the impression the Board believes we do.