Appendix
Profit and Loss - View Royal Community Association
March 14, 2023Page 5361 section
Financial performance statement for the VRCA comparing fiscal years 2021 and 2022.
Net Profit 2022: $187.17Net Profit 2021: $15,348.94
Profit and Loss
View Royal Community Association
Year End October 31
| ACCOUNTS | Nov 01, 2021 to Oct 31, 2022 | Nov 01, 2020 to Oct 31, 2021 |
|---|---|---|
| Income | ||
| Bank account interest | $0.19 | $0.00 |
| Donation | $770.00 | $0.00 |
| Edward Jones Asset Increase | $0.00 | $564.09 |
| Hall rental income | $7,514.74 | $5,340.00 |
| Intact Insurance Rebate | $0.00 | $495.00 |
| Miscellaneous Revenue | $130.15 | $0.00 |
| Preschool Income | $13,378.45 | $14,421.60 |
| Program Income – Membership Dues | $135.20 | $70.00 |
| Uncategorized Income | $0.00 | $205.00 |
| Utility preschool contribution | $3,952.60 | $5,067.81 |
| Total Income | $25,881.33 | $26,163.50 |
| Gross Profit | $25,881.33 | $26,163.50 |
| Operating Expenses | ||
| BC Registries Filing | $40.00 | $0.00 |
| Bad debt expense account | $153.95 | $0.00 |
| Bank Return | $0.00 | $1,070.00 |
| Damage Deposit Return | $450.00 | $600.00 |
| Edward Jones Asset Decrease | $1,218.71 | $0.00 |
| Fire Inspection and Testing | $0.00 | $122.82 |
| Gift Cards and Donations | $130.14 | $100.00 |
| Hall equipment | $1,150.83 | $0.00 |
| Insurance – Property | $2,881.00 | $3,844.00 |
| Insurance- Directors | $275.00 | $0.00 |
| Interac E-Transfer Fee | $12.60 | $0.00 |
| Office Supplies | $160.19 | $591.56 |
| Payroll – Salary & Wages | $3,043.75 | $0.00 |
| Program Expenses | $542.14 | $0.00 |
| Rent Refund | $155.00 | $0.00 |
| Repairs & Maintenance | $9,718.99 | $694.54 |
| Utilities | $4,474.19 | $3,057.20 |
| View Royal Sewer Collection and Treatment | $819.04 | $395.57 |
| Waste Connections Canada | $468.63 | $338.87 |
| Total Operating Expenses | $25,694.16 | $10,814.56 |
| Net Profit | $187.17 | $15,348.94 |
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Extracted from: 2023 03 14 Committee of the Whole Agenda - Agenda - Pdf