EC Papers September 2017

QUORN GRANGE HOTEL SUMMARY

July

YTD -July

YTD - June

Hotel

Hotel

Hotel

£

£

£

Net Profit/(loss)

(1,786)

(121,247)

(119,461)

Adjust for Expenses not budgeted: Gift Aid GFTU 4,000

28,000 (3,200)

24,000

Less Kurdish income Add Kurdish expense Trading Profit/(Loss)

(3,200) 8,908 7,922 6,079

8,908

(87,539) (7,978)

(95,461) (14,058)

Budgeted