Results • 17 December 2008 • The SnowBlog
Results
Just finished doing the year end accounts with our (awesome) accountants Vantis. We made 17k profit year ending March 2008. Buggered if I know where it is though. (Actually, it's on the balance sheet as retained earnings, but you know what I mean.) Our profit the year before was minus 84,000 so that's, you know, an improvement. Heh. Seriously, the minus 84000 came about because we had to put through a whacking great provision against returns of about 140,000. It also means that we have no tax to pay as the losses from last year carry over = good.
I know these results are quite old now (end of March seems a long time ago) but it's good to know that we're holding up against the storms. And I'm quietly hoping that next year (this year, I suppose) will be even better.
(Also, isn't it nice that I don't have to report these figures to a set of shareholders or City types. I doubt that saying 'buggered if I know where the profit is' to them would go down very well.)
Emma
Just finished doing the year end accounts with our (awesome) accountants Vantis. We made 17k profit year ending March 2008. Buggered if I know where it is though. (Actually, it's on the balance sheet as retained earnings, but you know what I mean.) Our profit the year before was minus 84,000 so that's, you know, an improvement. Heh. Seriously, the minus 84000 came about because we had to put through a whacking great provision against returns of about 140,000. It also means that we have no tax to pay as the losses from last year carry over = good.
I know these results are quite old now (end of March seems a long time ago) but it's good to know that we're holding up against the storms. And I'm quietly hoping that next year (this year, I suppose) will be even better.
(Also, isn't it nice that I don't have to report these figures to a set of shareholders or City types. I doubt that saying 'buggered if I know where the profit is' to them would go down very well.)