Sir Rox Copying Services
Statement of Financial Position
As of December 31, 2014
ASSETS
Notes
Current Assets:
Cash 33000
Accounts Receivable 10000
Supplies 6000
Total Current Assets 49000
Non-current Assets:
Net Equipment 3 110000
TOTAL ASSETS 159000
LIABILITIES AND OWNER'S EQUITY
Current Liabilities:
Trade and Other Payables 4 23000
Non-current Liabilities:
Loans Payable, due 2016 100000
Total Liabilities 123000
Owner's Equity:
Sir Rox, Capital
TOTAL LIABILITIES AND OWNER'S EQUITY 159000
Sir Rox Copying Services
Statement of Comprehensive Income
For the year ended December 31, 2014
Notes
Service Fees Revenues 260000
Less: Operating Expenses 5 -435000
Net Income -175000
Sir Rox Copying Services
Statement of Changes in Owner's Equity
For the year ended December 31, 2014
Notes
Sir Rox, Capital (01/01/2014) 240000
Add: Net Income -175000
Total 65000
Less: Sir Rox, Personal 29000
Sir Rox, Capital (12/31/2014) 36000
NOTES TO FINANCIAL STATEMENTS
Note 1 Business Profile or Business Information
Note 2 Basis of Preparation of the Financial Statements
Notes 3 Net Equipment
Cost Accumulated Depreciation Book Value
Equipment 120000 -10000 110000
Total 110000
Notes 4 Trades and Other Payables
Accounts Payable 20000
Utilities Payable 3000
Total 23000
Notes 5 Operating Expenses
Salaries Expense 150000
Rent Expense 180000
Supplies Expense 70000
Utilities Expense 25000
Depreciation Expense 10000
Total 435000
Matt Tiu Fitness
Statement of Financial Position
As of June 30, 2014
ASSETS
Notes
Current Assets:
Cash 110000
Accounts Receivable 24000
Unused Supplies 53400
Total Current Assets 187400
Non-current Assets:
Property and Equipment, Net 3 1152000
TOTAL ASSETS 1339400
LIABILITIES AND OWNER'S EQUITY
Current Liabilities:
Trade and Other Payables 4 125000
Non-current Liabilities:
Loans Payable 400000
Total Liabilities 525000
Owner's Equity:
Sir Rox, Capital 814400
TOTAL LIABILITIES AND OWNER'S EQUITY 1339400
Matt Tiu Fitness
Statement of Comprehensive Income
For the year fiscal year ended June 30, 2014
Notes
Membership Fees Revenue 1675000
Less: Operating Expenses 5 -1565000
Net Income 110000
Matt Tiu Fitness
Statement of Changes in Owner's Equity
For the year fiscal year ended June 30, 2014
Notes
Matt Tiu, Capital (07/01/2013) 1016400
Add: Net Income 110000
Total 1126400
Less: Matt Tiu, Personal -312000
Sir Rox, Capital (12/31/2014) 814400
NOTES TO FINANCIAL STATEMENTS
Note 1 Business Profile or Business Information
Note 2 Basis of Preparation of the Financial Statements
Notes 3 Property and Equipment, Net
Cost Accumulated Depreciation Book Value
Gym Equipment 2200000 -1080000 1120000
Furnitures and Fixture 90000 -58000 32000
Total 1152000
Notes 4 Trades and Other Payables
Accounts Payable 16000
Salaries Payable 9000
Loans Payable 100000
Total 125000
Notes 5 Operating Expenses
Salaries Expense 150000
Rent Expense 180000
Supplies Expense 70000
Utilities Expense 25000
Depreciation Expense 10000
Total 435000
Bilis Mo Travel Services
Statement of Financial Position
As of December 31, 2014
ASSETS
Notes
Current Assets:
Cash 350000
Trade and Other Receivables 3 126200
Unused Supplies 6000
Prepayments 4 54000
Total Current Assets 536200
Non-current Assets:
Property and Equipment, Net 5 77000
TOTAL ASSETS 613200
LIABILITIES AND OWNER'S EQUITY
Current Liabilities:
Trade and Other Payables 6 113000
Unearned Processing Fees 15000
Total Liabilities 128000
Owner's Equity:
Sir Rox, Capital 485200
TOTAL LIABILITIES AND OWNER'S EQUITY 613200
Bilis Mo Travel Services
Statement of Comprehensive Income
For the year ended December 31, 2014
Notes
Revenues 7 521500
Less: Operating Expenses 8 -262550
Net Income 258950
Bilis Mo Travel Services
Statement of Changes in Owner's Equity
For the year ended December 31, 2014
Notes
Mo, Capital (07/01/2013) 229750
Add: Net Income 258950
Total 488700
Less: Mo, Personal -3500
Sir Rox, Capital (12/31/2014) 485200
NOTES TO FINANCIAL STATEMENTS
Note 1 Business Profile or Business Information
Note 2 Basis of Preparation of the Financial Statements
Notes 3 Trade and Other Receivables
Interest Receivable 1200
Commission Receivable 15000
Notes Receivable 45000
Accounts Receivable 65000
Total 126200
Notes 4 Prepayments
Prepaid Advertising 12000
Prepaid Insurance 18000
Prepaid Rent 24000
Total 54000
Notes 5 Property and Equipment, Net
Cost Accumulated Depreciation Book Value
Equipment 65000 -18000 47000
Furnitures and Fixtures 45000 -15000 30000
Total 77000
Notes 6 Trades and Other Payables
Interest Payable 500
Salaries Payable 8500
Utilities Payable 15000
Notes Payable 25000
Accounts Payable 64000
Total 113000
Notes 7 Revenues
Interest Income 6500
Commission Income 65000
Processing Fees 450000
Total 521500
Notes 8 Operating Expenses
Interest Expenses 650
Taxes and Licenses Expense 3200
Representation Expense 6300
Advertising Expense 6400
Miscalleneous Expense 7500
Supplies Expense 12000
Utilities Expense 24000
Insurance Expense 26000
Rent Expense 34000
Salaries Expense 125000
Depreciation Expense - F & F 4500
Depreciation Expense - Equipment 13000
Total 262550
