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Annual report 2011 - 2012 pdf - GS1 UK

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Income and expenditure account<br />

For the year ended 30th June <strong>2012</strong><br />

Note <strong>2012</strong> <strong>2011</strong><br />

£ £<br />

Turnover - continuing operations 1 7,889,978 6,903,134<br />

Administrative expenses (7,245,326) (7,294,333)<br />

Operating surplus/(deficit) 2 644,652 (391,199)<br />

Interest receivable and other income 3 189,315 193,875<br />

Net surplus/(deficit) for the year before tax 833,967 (197,324)<br />

Taxation 5 (65,838) (10,243)<br />

Net surplus/(deficit) for the year after tax 12 768,129 (207,567)<br />

Accumulated fund brought forward 2,136,517 2,344,084<br />

Accumulated fund carried forward 12 2,904,646 2,136,517<br />

Total recognised gains and losses<br />

The Company has no recognised gains or losses other than the results for the above two financial years.<br />

The notes on pages 26 to 32 form part of these financial statements.<br />

23

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