Catering and special events

Profit loss statement 2018/2019 2019-20

Revenue Amount
Food sales $930,435.00 $971,374.14
Beverage sales $667,210.00 $682,889.43
TOTAL $1,597,645.00 $1,654,263.57
Expenditure
Function center rent $188,000.00 $192,700.00
Wages $523,020.00 $529,557.75
Food costs $489,231.00 $503,907.93
Beverage costs $232,119.00 $249,179.74
Business insurance $5,284.00 $5,284.00
Electricity $4,429.00 $4,705.81
Gas $3,898.00 $4,141.62
Party hire $58,924.00 $59,881.50
Laundry $5,590.00 $5,590.00
Chemicals $12,453.00 $12,453.00

TOTAL $1,522,948.00 $1,567,401.35

Profit/Loss $74,697.00 $86,862.22

Report 1 & 2

Introduction
Expected budget performance
Performance contributors
Budget management /management responsibilities/Management due diligence

Report 3
Introduction
Performance variance
Recommendation/action plan/future budget management
 Sep/19 Dec/19 Mar/19 Jun/19 performance contribution
20% 35% 25% 20%
$194,274.83 $339,980.95 $242,843.54 $194,274.83
$170,722.36 $170,722.36 $170,722.36 $170,722.36
$364,997.19 $510,703.31 $413,565.89 $364,997.19

$47,000.00 $47,000.00 $49,350.00 $49,350.00

$132,389.44 $132,389.44 $132,389.44 $132,389.44 32.01%labourcost
$100,781.59 $176,367.78 $125,976.98 $100,781.59 45.52%f&b cost
$62,294.94 $62,294.94 $62,294.94 $62,294.94
$ 1,321.00 $ 1,321.00 $ 1,321.00 $ 1,321.00
$941.16 $1,647.03 $1,176.45 $941.16
$1,035.41 $1,449.57 $1,035.41 $1,035.41
$14,731.00 $14,731.00 $15,209.75 $15,209.75
$1,118.00 $1,956.50 $1,397.50 $1,118.00
$2,490.60 $4,358.55 $3,113.25 $2,490.60 17.21%other expenses

$364,103.13 $443,515.80 $393,264.71 $366,931.88

$894.06 $67,187.51 $20,301.18 ($1,934.69) 5.25%profit

Management due diligence