Just finished the spreadsheet of the accounts for 2008. The final figures in the branch Annual Report will be a bit different because these are adjusted for money owed by us (e.g. invoices for work done during the year not sent until the following month) or to us (e.g. VAT rebates not yet received). However the "raw" cash flow figures give an impression of the financial situation:
Total income: £378,880
Total expenditure: £242,877
Of this, £66,549 was spent on running the animal clinic, £40,515 on veterinary treatments at private vets and £33,237 on boarding animals until they could be rehomed. £61,860 was the overheads of running our three shops (including rent, rates and staff wages).
Shop profits suffered a drastic fall to just a tenth of the amount we made in 2007. Considering the terrible general state of retail sales, we may have been lucky not to have actually made a loss.
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