Appendix A – Restaurant’s Profit and loss statement

Particulars 2018/2019
Revenue
Food sales 523500
Beverage sales 282,200.00
Total 805,700.00

Costs
Food costs 175,372.50
Beverage cost 113585.5
Total 288,958.00
Gross profit 516,742.00

Less expenses
Wages 220,842.37
Employee benefits 36,337.07
Direct operating expenses 35128.52
Music and entertainment 7573.58
Advertising and promotion 24573.85
Power and phone 15630.58
Administrative and general 30938.88
Repairs and maintenance 19336.8
Total 390361.65

Less occupation and finance cost

Interest 11924.36
Rates 4,000
Insurance 7440.94
Sub-total 23365.3

NET PROFIT 103,015.05

Appendix B - Catering and special events profit and loss statement
Catering and special events
Profit loss statement 2018/2019
Revenue Amount
Food sales $930,435.00
Beverage sales $667,210.00
TOTAL $1,597,645.00
Expenditure
Function center rent $188,000.00
Wages $523,020.00
Food costs $489,231.00
Beverage costs $232,119.00
Business insurance $5,284.00
Electricity $4,429.00
Gas $3,898.00
Party hire $58,924.00
Laundry $5,590.00
Chemicals $12,453.00
TOTAL $1,522,948.00
Profit/Loss $74,697.00
 Quarterly budget
RESTAURANT Year 1 Year 2 Quarter 1 Quarter 2 Quarter 3 Quarter 4
PROFIT/loss statement 20% 35% 25% 20%
Particulars 2018/2019 2019-20 Sep/19 Dec/19 Mar/19 Jun/19

Revenue
FOOD SALES $ 523,500.00 $ - $ - $ - $ - $ -
BEVERAGE SALES $ 282,200.00 $ - $ - $ - $ - $ -
TOTAL $ 805,700.00 $ - $ - $ - $ - $ -

COSTS

ITEM
FOOD COSTS $ 175,372.50 $ - $ - $ - $ - $ -
BEVERAGE COST $ 113,585.50 $ - $ - $ - $ - $ -
TOTAL $ 288,958.00 $ - $ - $ - $ - $ -

GROSS PROFIT $ 516,742.00 $ - $ - $ - $ - $ -

LESS EXPENSES
WAGES $ 220,842.37 $ - $ - $ - $ - $ -
EMPLOYEE BENEFITS $ 36,337.07 $ - $ - $ - $ - $ -
DIRECT OPERATING EXPENSES $ 35,128.52 $ - $ - $ - $ - $ -
MUSIC AND ENTERTAINMENT $ 7,573.58 $ - $ - $ - $ - $ -
ADVERTISING AND PROMOTION $ 24,573.85 $ - $ - $ - $ - $ -
POWER AND PHONE $ 15,630.58 $ - $ - $ - $ - $ -
ADMINISTRATIVE AND GENERAL $ 30,938.88 $ - $ - $ - $ - $ -
REPAIRS AND MAINTENANCE $ 19,336.80 $ - $ - $ - $ - $ -
TOTAL $ 390,361.65 $ - $ - $ - $ - $ -

LESS OCCUPATION AND FINANCE COST

INTEREST $ 11,924.36 $ - $ - $ - $ - $ -
RATES $ 4,000.00 $ - $ - $ - $ - $ -
INSURANCE $ 7,440.94 $ - $ - $ - $ - $ -
Sub-total $ 23,365.30 $ - $ - $ - $ - $ -

NET PROFIT $ 103,015.05 $ - $ - $ - $ - $ -

 Catering and special events
Profit loss statement 2018/2019 2019-20
Revenue Amount
Food sales $930,435.00 $ -
Beverage sales $667,210.00 $ -
TOTAL $1,597,645.00 $ -
Expenditure
Function center rent $188,000.00 $ -
Wages $523,020.00 $ -
Food costs $489,231.00 $ -
Beverage costs $232,119.00 $ -
Business insurance $5,284.00 $ -
Electricity $4,429.00 $ -
Gas $3,898.00 $ -
Party hire $58,924.00 $ -
Laundry $5,590.00 $ -
Chemicals $12,453.00 $ -

TOTAL $1,522,948.00 $ -
Profit/Loss $74,697.00 $ -
Sep/19 Dec/19 Mar/19 Jun/19
25% 25% 25% 25%
$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -

$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -

$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -
$ - $ - $ - $ -

$ - $ - $ - $ -
$ - $ - $ - $ -
 Catering and special events
Profit loss statement 2018/2019 2019-20
Revenue Amount
Food sales $930,435.00 $0.00
Beverage sales $667,210.00 $0.00
TOTAL $1,597,645.00 $0.00
Expenditure
Function center rent $188,000.00 $0.00
Wages $523,020.00 $0.00
Food costs $489,231.00 $0.00
Beverage costs $232,119.00 $0.00
Business insurance $5,284.00 $0.00
Electricity $4,429.00 $0.00
Gas $3,898.00 $0.00
Party hire $58,924.00 $0.00
Laundry $5,590.00 $0.00
Chemicals $12,453.00 $0.00

TOTAL $1,522,948.00 $0.00

Profit/Loss $74,697.00 $0.00
Sep/19 Dec/19 Mar/19 Jun/19
20% 35% 25% 20%
$0.00 $0.00 $0.00 $0.00
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$0.00 $0.00 $0.00 $0.00

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$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00
 Level of
Variance type control over Impact on
Month under Variance % or
Budget Item (Temporary/P budget business if not
review $
ermanent) (High/Medium corrected
/Low)

e.g. vehicle Budget could be

September ($140) Permanent Medium
maintenance overspent
Action required Action on Action by

·         Maintain vehicle logs

Restaurant
October
·         Obtain at least 2 quotes next time Manager
 APPENDIX F
Budget Variance Analysis Table Template
Budget title:
Period covered:

Variance
Budget item

Amount %

e.g. vehicle insurance  (71)  (2%)

TOTAL
PENDIX F
Analysis Table Template

Reason for the variance Follow up action?

 Premium higher than expected  None required