P&L information for balance sheet example

1. MAPPLE LIMITED
PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2010
2010
£ £
TURNOVER 60,000
COST OF SALES
PURCHASES 8,000
WAGES 22,000
30,000
CLOSING STOCK & WIP (5,000)
25,000
GROSS PROFIT 35,000
GROSS PROFIT % 58.33%
OVERHEADS
RENT & RATES 2,100
HEAT & LIGHT 600
INSURANCE 2,000
REPAIRS & RENEWALS 800
MOTOR EXPENSES 2,000
TRAVELLING & SUBSISTENCE 1,000
TELEPHONE 500
EQUIPMENT HIRE 600
PRINTING, POSTAGE & STATIONERY 250
SUNDRIES 250
ADVERTISING 1,000
WEBSITE COSTS 500
BANK CHARGES 500
LEGAL & PROFESSIONAL FEES 400
ACCOUNTANCY FEES 1,500
DEPRECIATION 3,000
17,000
OPERATING PROFIT/(LOSS) 18,000
INTEREST PAYABLE AND SIMILAR CHARGES
BANK INTEREST PAYABLE (500)
(500)
PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION 17,500