EC Papers September 2017

2

Page:

Date: 21/08/2017

Quorn Grange Hotel

Time: 10:18

Profit & Loss by Department (Advanced Budget and Variance)

All

Period From:

Month 1, January

Year:

2017

Department:

Period To:

Month 7, July

Chart of Accounts: Detailed Layout of Accounts

Actual

Budget 2,450.00 13,213.73 36,024.39 48,032.53

Variance

Licences

1,610.67 17,967.73 37,828.11 45,497.00

839.33

Commissions

(4,754.00) (1,803.72)

Rates and Insurance Heat, Light and Power Miscellaneous Expenses

2,535.53 (113.44)

113.44

0.00

Unpaid Bills Staff Drinks

0.00

210.00 323.91 191.67

210.00 525.00 350.00

201.09 158.33

Travel Expenses

Management Allowances Wedding Fayres & Promotional Expenses Hotels & Subsistence Telephone & Internet

3,551.02 1,144.48

(751.02)

2,800.00

(1,144.48)

0.00

155.00

195.00

350.00

8,685.81 5,520.00 1,418.39 3,238.58 6,744.83 45,398.57 1,471.54 4,833.26 28,000.00 15,383.31 2,070.53 612.00 44.99

(4,485.81)

4,200.00 5,250.00 1,750.00 4,200.00 7,000.00 42,000.00 1,225.00 3,850.00 595.00

Professional Fees

(270.00) 331.61 961.42 (17.00) 255.17

Flowers & Xmas Decorations

Waste Management

Pest Control

Card Processing Charges

Depreciation

(3,398.57)

Staff Training & Support

(246.54) (983.26)

TV Subscriptions

Gifts

25.01

70.00

Donations

(28,000.00)

0.00

GFTU Salary Contribution Directors Expenses Marketing Opportunity Expenses Bank Charges

1,066.69 1,079.47 (508.51) (665.78) (96.18)

16,450.00 3,150.00

508.51 665.78 236.18

0.00 0.00

Till Variances

140.00

354,766.29

318,113.17

(36,653.12)

Net Profit (Loss):

(7,978.59)

(113,268.13)

(121,246.72)