Finance
Trial Balance
Every account carrying a balance at 03 Aug 2026, debits against credits.
Total debits
$71.70M
28 accounts in debit
Total credits
$71.70M
13 accounts in credit
Out of balance
nil
In balance
Clean
Result for the year
$7.40M
After $9.50M of operating costs
16.9% of revenue
| Account | Proved by | Debit | Credit |
|---|---|---|---|
| Assets Everything the business owns. | |||
| 1000 Operating account, AUD | Bank reconciliation | $1,632,647 | |
| 1010 United States dollar account, USD | Bank reconciliation | $199,143 | |
| 1020 Euro account, EUR | Bank reconciliation | $101,323 | |
| 1100 Trade Debtors Control | Aged debtors trial balance | $7,100,987 | |
| 1150 Provision for doubtful debts | Open the module | $84,000 | |
| 1310 Raw Materials Control | Stock & WIP valuation | $4,101,981 | |
| 1320 Work in Process Control | Stock & WIP valuation | $115,946 | |
| 1330 Finished Goods Control | Stock & WIP valuation | $2,708,848 | |
| 1340 Goods in Transit | Stock & WIP valuation | $629,840 | |
| 1350 Quarantined Stock | Stock & WIP valuation | $42,340 | |
| 1400 Prepayments and deposits | Posted directly | $286,400 | |
| 1410 Accrued income and other receivables | Posted directly | $114,800 | |
| 1500 Plant & Equipment at cost | Fixed asset register | $18,199,700 | |
| 1510 Accumulated depreciation | Fixed asset register | $9,522,279 | |
| Assets total | $25,627,676 | ||
| Liabilities Everything the business owes. | |||
| 2100 Trade Creditors Control | Aged creditors trial balance | $382,181 | |
| 2200 GST Collected | Posted directly | $447,226 | |
| 2210 GST Paid | Posted directly | $21,653 | |
| 2300 Accruals | Posted directly | $478,200 | |
| 2400 Volume rebate provision | Posted directly | $631,400 | |
| 2500 Employee provisions, leave and long service | Posted directly | $1,289,600 | |
| 2600 Income tax payable | Posted directly | $347,200 | |
| Liabilities total | $3,554,154 | ||
| Equity Shareholders' funds. | |||
| 3000 Share capital | Posted directly | $2,000,000 | |
| 3100 Retained earnings brought forward | Posted directly | $12,675,935 | |
| Equity total | $14,675,935 | ||
| Revenue Twelve months of despatched orders. | |||
| 4000 Sales, Stabilisers | Open the module | $30,236,776 | |
| 4010 Sales, Metallic Soaps | Open the module | $10,511,564 | |
| 4020 Sales, Traded Goods | Open the module | $3,096,169 | |
| Revenue total | $43,844,508 | ||
| Cost of sales Cost of goods sold and variances. | |||
| 5000 Cost of Goods Sold | Open the module | $26,785,581 | |
| 5400 Yield Variance | Open the module | $78,920 | |
| 5500 Purchase Price Variance | Open the module | $48,229 | |
| 5600 Quarantine & Scrap | Open the module | $30,691 | |
| Cost of sales total | $26,943,421 | ||
| Operating expenses The cost base behind the result. | |||
| 6200 Employment costs, production | Posted directly | $2,184,000 | |
| 6210 Employment costs, administration & sales | Posted directly | $1,968,000 | |
| 6300 Occupancy, rent, rates and outgoings | Posted directly | $846,000 | |
| 6310 Utilities, power, gas and water | Posted directly | $712,400 | |
| 6400 Depreciation and amortisation | Posted directly | $1,189,200 | |
| 6500 Repairs, maintenance and calibration | Posted directly | $463,800 | |
| 6510 Laboratory, testing and certification | Posted directly | $189,400 | |
| 6600 Selling, freight outwards and rebates | Posted directly | $927,600 | |
| 6700 Insurance, compliance and professional fees | Posted directly | $384,500 | |
| 6800 Administration, IT and communications | Posted directly | $412,200 | |
| 7000 Finance costs | Posted directly | $226,400 | |
| Operating expenses total | $9,503,500 | ||
| Trial balance | $71,702,529 | $71,702,529 | |
Control accounts are computed from the subsidiary ledgers, so these balances and the module reports are one set of figures, proved on the reconciliation page.