profit & loss account - wcf · profit & loss account. title: annual report 2019.indd...

15 NOTE 2019 2018 (52 weeks) (53 weeks) £’000 £’000 Turnover Continuing operations 182,056 165,669 Discontinued operations - 1,114 182,056 166,783 Cost of sales Continuing operations (162,177) (145,724) Discontinued operations - (1,196) (162,177) (146,920) Gross profit Continuing operations 19,879 19,945 Discontinued operations - (82) 19,879 19,863 Other operating expenses Continuing operations (18,350) (16,357) Discontinued operations - (442) Other operating expenses before amortisation (18,350) (16,799) Amortisation 8 (891) (884) Other operating expenses after amortisation (19,241) (17,683) Operating profit Continuing operations 638 2,704 Discontinued operations - (524) 4 638 2,180 Profit on sale of tangible fixed assets 1,019 2,042 Interest receivable and similar income 138 146 Revaluation of fixed asset investments 10 68 275 Revaluation of investment properties 11 99 409 Interest payable and similar expenses 3 (50) (26) Profit on ordinary activities before profit share 1,912 5,026 Employee profit share 5 13 (229) Profit before taxation 1,925 4,797 Taxation 6 (265) (546) Profit for the financial period - continuing operations 1,660 4,775 - discontinued operations - (524) Profit for the financial period . 1,660 4,251 PROFIT & LOSS ACCOUNT For the 52 weeks ended 1 June 2019

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Page 1: PROFIT & LOSS ACCOUNT - WCF · PROFIT & LOSS ACCOUNT. Title: Annual Report 2019.indd Created Date: 9/4/2019 11:31:45 AM

NOTE 2019 2018 (52 weeks) (53 weeks) £’000 £’000

Turnover Continuing operations 182,056 165,669Discontinued operations - 1,114

182,056 166,783Cost of sales Continuing operations (162,177) (145,724 )Discontinued operations - (1,196 )

(162,177) (146,920 )Gross profi t Continuing operations 19,879 19,945Discontinued operations - (82 )

19,879 19,863 Other operating expenses Continuing operations (18,350 ) (16,357 )Discontinued operations - (442 )

Other operating expenses before amortisation (18,350 ) (16,799 )

Amortisation 8 (891 ) (884 )

Other operating expenses after amortisation (19,241 ) (17,683 )

Operating profi t Continuing operations 638 2,704Discontinued operations - (524 )

4 638 2,180

Profi t on sale of tangible fi xed assets 1,019 2,042 Interest receivable and similar income 138 146Revaluation of fi xed asset investments 10 68 275Revaluation of investment properties 11 99 409Interest payable and similar expenses 3 (50 ) (26 )

Profi t on ordinary activities before profi t share 1,912 5,026Employee profi t share 5 13 (229 )

Profi t before taxation 1,925 4,797 Taxation 6 (265 ) (546 )

Profi t for the fi nancial period - continuing operations 1,660 4,775 - discontinued operations - (524 ) Profi t for the fi nancial period. 1,660 4,251

PROFIT & LOSS ACCOUNTFor the 52 weeks ended 1 June 2019

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