SHERIDAN AUDIO VISUAL LIMITED

INCOME STATEMENT VERTICAL ANALYSIS

FOR NINE MONTHS TO 31 DECEMBER 2020
9 months to 31 12 months to 31
Dec 2020 Mar 2020
£ £
Revenue 5,410,175 100% 4,846,699 100%
Less: Cost of Sales 4,448,366 82.22% 3,596,251 74.20%
Gross Profit 961,809 17.78% 1,250,448 25.80%
Less:
Distribution Cost 476,826 8.81% 488,616 10.08%
Administrative Exp. 369,713 6.83% 505,198 10.42%
Finance Cost (estimate) 20,000 0.37% 46,240 0.95%
Taxation (estimate) 20,000 0.37% 102,562 2.12%
Profit after taxation 75,270 1.39% 107,832 2.22%

SHERIDAN AUDIO VISUAL LIMITED

INCOME STATEMENT HORIZONTAL ANALYSIS
FOR 9 MONTHS TO 31 DECEMBER 2020
9 months to 12 months to Movement Movement %
31 Dec. 2020 31 Mar. 2020
Revenue 5, 410,175 4,846,699 536,476 11.6%
Cost of sales (4,448,366) (3,569,251) 852,115 23.7%
Gross profit 961,809 1,250,448 288,639 23.1%
Distribution costs 476,826 488,616 11,790 2.4%
Administrative Expenses 369,713 505,198 135,485 26.8%
(846,539) (993,814) 147,275 14.8%
115,270 256,814 141,364 55.08%
Other Operating Income 0 0 0 0
Profits from Operations 115,270 256,814 141,364 55.08%
Finance Cost (Estimates) (20,000) (46,240) 26,240 56.7%
Profit before taxation 95,270 210,394 115,124 54.7%
Taxation (estimate) (20,000) (102,562) 82,562 80.5%
Profit after taxation 75,270 107,832 32,562 30.2%
 SHERIDAN AUDIO VISUAL LIMITED
STATEMENT OF FINANCIL PERFORMANCE VERTICAL ANALYSIS
FOR 9 MONTHS TO 31 DECEMBER 2020
As at Dec. 31, 2020 As at Mar. 31, 2020
ASSETS
Current Assets
Inventories 339,812 11.12% 226,549 8.79%
Trade Receivables 525,000 17.18% 672,371 26.10%
Cash 169,000 5.53% 426,359 16.55%

Non-Current Assets
Tangible 2,021,339 66.16% 1,250,700 48.55%
TOTAL ASSETS 3,055,151 100% 2,575,979 100%

EQUITY & LIABILITIES

Current Liabilities
Non-current Liabilities 689,770 22.58% 798,564 31.00%
1,171,550 38.35% 658,854 25.58%
Equity
Called up share capital
Accumulated profits 100,000 3.27% 100,000 3.85%
1,093,831 35.80% 1,018,561 39.54%
TOTAL EQUITY AND
LIABILITIES 3,055,151 100% 2,575,979 100%