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  • Profit and Loss Template

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    Arrow Nag
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    This document provides a profit and loss forecast for Year 1 and Year 2 of a business. In Year 1, the business projects total income of $143,254 with direct costs of $81,376 and indirect costs of $55,005, resulting in a net profit before tax of $6,873 and a net profit of $5,567 after paying tax of $1,306.

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    Profit and Loss Template(4)

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    Profit and Loss Template(4)

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    This document provides a profit and loss forecast for Year 1 and Year 2 of a business. In Year 1, the business projects total income of $143,254 with direct costs of $81,376 and indirect costs of $55,005, resulting in a net profit before tax of $6,873 and a net profit of $5,567 after paying tax of $1,306.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    43 views1 page

    Profit and Loss Template

    Uploaded by

    Arrow Nag
    This document provides a profit and loss forecast for Year 1 and Year 2 of a business. In Year 1, the business projects total income of $143,254 with direct costs of $81,376 and indirect costs of $55,005, resulting in a net profit before tax of $6,873 and a net profit of $5,567 after paying tax of $1,306.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    PROFIT AND LOSS FORECAST - YEAR 1

    Year1 Year2
    INCOME 5567
    Revenue 143254 257264

    TOTAL INCOME

    DIRECT COSTS
    Direct Labour 38400 57600
    Materials 42976 64464

    TOTAL DIRECT COSTS 81376 122064

    GROSS PROFIT 61878 135200

    INDIRECT COSTS
    Insurance 660
    Waste Management 2865
    Technology 1800
    NI 12000
    Misclenous 4800
    Advertising 21600
    Stationery 6480
    Maintenance 4800

    TOTAL INDIRECT COSTS 55005

    NET PROFIT BEFORE TAX 6873

    Tax 1306

    NET PROFIT 5567

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