Little Ship Club 2015-15 Annual Report

Little Ship Club Queensland Squadron Trading Account For the year ended 30 June 2015

2015

2014

$

$

Trading Income

Sales

768,005

1,008,134

Gaming machine revenue

231,986

241,099

1,249,233

Total Trading Income

999,991

Cost of Sales

Add:

Opening stock - Bar

30,800

48,423

Opening stock - Merchandise

8,133

8,934

Opening stock - Bistro

10,445 387, 024

7,652

Purchases

584,065

Movement in inventory

3,555

Freight

8,244

Gaming machine maintenance

15,428

Gaming machine tax

20,420

16,523

Gaming machine payouts

31,004

62,072

Monitoring & other fees

16,055

4,833

503, 881

759,729

Less:

3 5,294

Bar stock

30,800

Merchandise stock

2,371

8,133

Food stock

4,130

10,445

4 1,795

49,378

4 62,086

Cost of Sales

710,351

5 37,905

538,882

Gross Profit from Trading

The accompanying notes form part of these financial statements.

20

FS.20 Annual Report 2014–2015

Little Ship Club (Queensland Squadron)