1. Costs are made up of regular items (wages, utility bills, rent, etc.) plus exceptional items (repair of equipment, etc.) plus the cost of the sales.
2. Many of our fixed assets depreciate as time goes by. The entries in the table take depreciation into account.
2010: We started trading in March 2010 and were fortunate enough to receive close to £19,000 in grants to launch the project. As can be seen from the table above, we spent the money on fixed assets (freezers and chillers, EPOS till, electrical equipment, shelving and counter, etc.) together with the essential initial stock!
2011: This was our first full year of operation, finding our feet, working out costs, etc. It can be seen that we were trading at a loss.
2012: This was a turning point for us. Some costs were adjusted and we managed to make a small profit this year which reduced the carried-forward loss just a little.
2013: During the year we adapted our stock according to customer feedback and managed to make further reductions in our costs. One of our managers was made redundant - (see also project history). However we still carried forward a loss of £2,893.
2014: This was a year of adjustment. The higher profits anticipated by losing a member of staff, were offset by litigation costs associated with the redundant manager. Some volunteers willingly took on extra duties during the year, for which we are very grateful. The loss carried forward this year was reduced to £988.
2015: This year we were able to give away a total of £2,500 divided between the following Sproughton charities: Primary School Association, Church Fabric Fund, Reading Room Trust, Millennium Green, Playing Field Management Trust.