DIY Accounting Spreadsheets

Excel bookkeeping and accounting software for UK small businesses

Basic Sole Trader reconciliation

Reconciliation Report: GB Accounts Basic Sole Trader 2027-04-05 (Apr27) Excel 2007. Every figure below comes from a scenario driven through the shipped workbooks and read back out of the recalculated sheets.

Summary

Every run

Year endPeriodScenarioStatus
2027-04-05Apr27bst-scenario-basicRECONCILES
2026-04-05Apr26bst-scenario-basicRECONCILES
2025-04-05Apr25bst-scenario-basicRECONCILES
2024-04-05Apr24bst-scenario-basicRECONCILES
2023-04-05Apr23bst-scenario-basicRECONCILES
2022-04-05Apr22bst-scenario-basicRECONCILES
2021-04-05Apr21bst-scenario-basicRECONCILES

Reconciliation checks

CheckExpectedActualDiffResult
Total Sales4099004099000PASS
Gross Profit3913603913600PASS
Net Profit3339083339080PASS
Premises Costs15840158400PASS
Gen Admin196219620PASS
Legal & Professional456045600PASS
P&L: Gross = Sales - CoS - Direct3913603913600PASS
P&L: Net = Gross - Expenses3339083339080PASS
P&L: Expense lines sum = Total57452574520PASS
Income Tax1209951209950PASS
NI Class 4 (lower)226222620PASS
Total Tax + NI128930128929.76-0.2400000000052387PASS
Tax: Taxable = Profit - Allowance3213383213380PASS
Tax: IT = Basic + Higher1209951209950PASS
Tax: Total = IT - CIS + NI128929.76128929.760PASS
SA103S: Turnover = P&L Sales4099004099000PASS
SA103S: Net profit close to P&L Net3339083339080PASS
SA103S: Profit for tax = Income Tax E53339083339080PASS

Input transactions

Business details

ItemValue
NamePrecision Code Trading
DescriptionIT consultancy and software development
Address123 High Street
TownManchester
PostcodeM1 1AA
Phone0161 555 0100
Utr1234567890

Month by month

MonthSales entriesSales totalPurchases entriesPurchases total
Apr933,400.00315,111.25
May932,920.00346,375.00
Jun935,200.00339,057.00
Jul933,760.00349,059.25
Aug1036,020.00324,405.25
Sep1033,760.00334,975.00
Oct1035,560.003543,005.75
Nov935,320.00316,918.00
Dec832,800.00339,451.50
Jan1135,440.00334,511.25
Feb934,360.00334,396.50
Mar831,360.00313,726.50
Year111409,900.00393110,992.25

Every entry

Sales journal: 111 entries, 409,900.00
Apr
DateCustomerCodeAmount
2025-04-01Beta Systemsb1,200.00
2025-04-03FreshField Ltdb360.00
2025-04-05CloudNine Ltdb600.00
2025-04-08Cedar Systemsa480.00
2025-04-10Pinnacle Groupa720.00
2025-04-15Acme Corpa25,000.00
2025-04-18TechStart Ltda2,400.00
2025-04-20DataFlow Inca1,800.00
2025-04-28Horizon Analyticsd840.00
May
DateCustomerCodeAmount
2025-05-03FreshField Ltdb360.00
2025-05-05CloudNine Ltdb600.00
2025-05-08Cedar Systemsa480.00
2025-05-10Pinnacle Groupa720.00
2025-05-12QuickFix ITa960.00
2025-05-15Acme Corpa25,000.00
2025-05-16Summit Trainingc1,200.00
2025-05-18TechStart Ltda2,400.00
2025-05-25Oakridge Partnersa1,200.00
Jun
DateCustomerCodeAmount
2025-06-03FreshField Ltdb360.00
2025-06-05CloudNine Ltdb600.00
2025-06-08Cedar Systemsa480.00
2025-06-10Pinnacle Groupa720.00
2025-06-15Acme Corpa25,000.00
2025-06-18TechStart Ltda2,400.00
2025-06-20DataFlow Inca1,800.00
2025-06-20Gamma Ltdc2,400.00
2025-06-22WidgetWorksa1,440.00
Jul
DateCustomerCodeAmount
2025-07-01Beta Systemsb1,200.00
2025-07-03FreshField Ltdb360.00
2025-07-05CloudNine Ltdb600.00
2025-07-08Cedar Systemsa480.00
2025-07-10Pinnacle Groupa720.00
2025-07-14NorthStar Digitala2,160.00
2025-07-15Acme Corpa25,000.00
2025-07-18TechStart Ltda2,400.00
2025-07-28Horizon Analyticsd840.00
Aug
DateCustomerCodeAmount
2025-08-01Innovate UKg2,500.00
2025-08-03FreshField Ltdb360.00
2025-08-05CloudNine Ltdb600.00
2025-08-08Cedar Systemsa480.00
2025-08-10Pinnacle Groupa720.00
2025-08-12QuickFix ITa960.00
2025-08-15Acme Corpa25,000.00
2025-08-18TechStart Ltda2,400.00
2025-08-20DataFlow Inca1,800.00
2025-08-25Oakridge Partnersa1,200.00
Sep
DateCustomerCodeAmount
2025-09-03FreshField Ltdb360.00
2025-09-05CloudNine Ltdb600.00
2025-09-08Cedar Systemsa480.00
2025-09-10Pinnacle Groupa720.00
2025-09-15Acme Corpa25,000.00
2025-09-16Summit Trainingc1,200.00
2025-09-18TechStart Ltda2,400.00
2025-09-20StartupHubc960.00
2025-09-22WidgetWorksa1,440.00
2025-09-25Epsilon Partnersd600.00
Oct
DateCustomerCodeAmount
2025-10-01Beta Systemsb1,200.00
2025-10-03FreshField Ltdb360.00
2025-10-05CloudNine Ltdb600.00
2025-10-08Cedar Systemsa480.00
2025-10-10Pinnacle Groupa720.00
2025-10-14NorthStar Digitala2,160.00
2025-10-15Acme Corpa25,000.00
2025-10-18TechStart Ltda2,400.00
2025-10-20DataFlow Inca1,800.00
2025-10-28Horizon Analyticsd840.00
Nov
DateCustomerCodeAmount
2025-11-03FreshField Ltdb360.00
2025-11-05CloudNine Ltdb600.00
2025-11-08Cedar Systemsa480.00
2025-11-10Pinnacle Groupa720.00
2025-11-12QuickFix ITa960.00
2025-11-15Acme Corpa25,000.00
2025-11-18TechStart Ltda2,400.00
2025-11-20Delta PLCc3,600.00
2025-11-25Oakridge Partnersa1,200.00
Dec
DateCustomerCodeAmount
2025-12-03FreshField Ltdb360.00
2025-12-05CloudNine Ltdb600.00
2025-12-08Cedar Systemsa480.00
2025-12-10Pinnacle Groupa720.00
2025-12-15Acme Corpa25,000.00
2025-12-18TechStart Ltda2,400.00
2025-12-20DataFlow Inca1,800.00
2025-12-22WidgetWorksa1,440.00
Jan
DateCustomerCodeAmount
2026-01-01Beta Systemsb1,200.00
2026-01-03FreshField Ltdb360.00
2026-01-05CloudNine Ltdb600.00
2026-01-08Cedar Systemsa480.00
2026-01-10Pinnacle Groupa720.00
2026-01-14NorthStar Digitala2,160.00
2026-01-15Acme Corpa25,000.00
2026-01-16Summit Trainingc1,200.00
2026-01-18TechStart Ltda2,400.00
2026-01-25Lambda Corpd480.00
2026-01-28Horizon Analyticsd840.00
Feb
DateCustomerCodeAmount
2026-02-03FreshField Ltdb360.00
2026-02-05CloudNine Ltdb600.00
2026-02-08Cedar Systemsa480.00
2026-02-10Pinnacle Groupa720.00
2026-02-15Acme Corpa25,000.00
2026-02-18TechStart Ltda2,400.00
2026-02-20DataFlow Inca1,800.00
2026-02-20MegaCorpc1,800.00
2026-02-25Oakridge Partnersa1,200.00
Mar
DateCustomerCodeAmount
2026-03-03FreshField Ltdb360.00
2026-03-05CloudNine Ltdb600.00
2026-03-08Cedar Systemsa480.00
2026-03-10Pinnacle Groupa720.00
2026-03-15Acme Corpa25,000.00
2026-03-18TechStart Ltda2,400.00
2026-03-22WidgetWorksa1,440.00
2026-03-31Zeta Corpo360.00
Purchase journal: 393 entries, 110,992.25
Apr
DateSupplierCodeAmount
2025-04-01WorkSpace Ltdp1,200.00
2025-04-01Microsoftg30.00
2025-04-01Slackg15.00
2025-04-01GitHubo45.00
2025-04-01Hiscoxo1,440.00
2025-04-01Cloudflareo24.00
2025-04-01Zoomg18.00
2025-04-03AWSo180.00
2025-04-03Argoso22.00
2025-04-05Rymano24.00
2025-04-05BPm180.00
2025-04-05DigitalOceano36.00
2025-04-08National Railt48.00
2025-04-10Amazono36.00
2025-04-10Xeroxo180.00
2025-04-10TechPartss600.00
2025-04-12NCPm18.00
2025-04-14Toolstationo42.00
2025-04-14Ubert24.00
2025-04-14Costa Coffeet12.00
2025-04-15Shellm150.00
2025-04-15Royal Mailg12.00
2025-04-18Jetm96.00
2025-04-20BT Businessg60.00
2025-04-20Office Maintenance Ltdr120.00
2025-04-21Greggst8.00
2025-04-22Screwfixo18.00
2025-04-25Wilkoo15.00
2025-04-25Mileage claimm38.25
2025-04-28Shellm120.00
2025-04-30Smith & Col300.00
May
DateSupplierCodeAmount
2025-05-01WorkSpace Ltdp1,200.00
2025-05-01Microsoftg30.00
2025-05-01Slackg15.00
2025-05-01GitHubo45.00
2025-05-01Cloudflareo24.00
2025-05-01Zoomg18.00
2025-05-03AWSo180.00
2025-05-03Argoso22.00
2025-05-05Rymano24.00
2025-05-05BPm180.00
2025-05-06Trainlinet60.00
2025-05-08National Railt48.00
2025-05-08Hiltio240.00
2025-05-10Amazono36.00
2025-05-10Google Adsa600.00
2025-05-12NCPm18.00
2025-05-14Ubert24.00
2025-05-14Costa Coffeet12.00
2025-05-15Shellm150.00
2025-05-15Royal Mailg12.00
2025-05-15ComponentsDirects480.00
2025-05-15Dellf1,800.00
2025-05-16WHSmithg18.00
2025-05-18Jetm96.00
2025-05-20BT Businessg60.00
2025-05-20ParcelForceo180.00
2025-05-20CableCos240.00
2025-05-21Greggst8.00
2025-05-22Screwfixo18.00
2025-05-22Halfordsm48.00
2025-05-25Wilkoo15.00
2025-05-25Mileage claimm54.00
2025-05-28Shellm120.00
2025-05-31Smith & Col300.00
Jun
DateSupplierCodeAmount
2025-06-01WorkSpace Ltdp1,200.00
2025-06-01Microsoftg30.00
2025-06-01Slackg15.00
2025-06-01GitHubo45.00
2025-06-01Cloudflareo24.00
2025-06-01Zoomg18.00
2025-06-03AWSo180.00
2025-06-03Argoso22.00
2025-06-05Rymano24.00
2025-06-05BPm180.00
2025-06-05DigitalOceano36.00
2025-06-08National Railt48.00
2025-06-10Amazono36.00
2025-06-10Vistaprintg96.00
2025-06-12NCPm18.00
2025-06-14Toolstationo30.00
2025-06-14Ubert24.00
2025-06-14Costa Coffeet12.00
2025-06-15Shellm150.00
2025-06-15Royal Mailg12.00
2025-06-15BuildTech Solutionsd5,000.00
2025-06-18Premier Innt180.00
2025-06-18ElectroPartss360.00
2025-06-18Jetm96.00
2025-06-20BT Businessg60.00
2025-06-21Greggst8.00
2025-06-22Screwfixo18.00
2025-06-25EnergySupplyp360.00
2025-06-25Wilkoo15.00
2025-06-25Mileage claimm90.00
2025-06-28Shellm120.00
2025-06-30Smith & Col300.00
2025-06-30Directors loani250.00
Jul
DateSupplierCodeAmount
2025-07-01WorkSpace Ltdp1,200.00
2025-07-01Microsoftg30.00
2025-07-01Slackg15.00
2025-07-01GitHubo45.00
2025-07-01J. Smith Consultingo3,000.00
2025-07-01Cloudflareo24.00
2025-07-01Zoomg18.00
2025-07-03AWSo180.00
2025-07-03Argoso22.00
2025-07-05Rymano24.00
2025-07-05LinkedIna480.00
2025-07-05BPm180.00
2025-07-08National Railt48.00
2025-07-10Amazono36.00
2025-07-10Xeroxo180.00
2025-07-10TechPartss720.00
2025-07-12NCPm18.00
2025-07-12ToolHireo480.00
2025-07-14Ubert24.00
2025-07-14Costa Coffeet12.00
2025-07-15Shellm150.00
2025-07-15Royal Mailg12.00
2025-07-15IKEAf1,200.00
2025-07-16WHSmithg24.00
2025-07-18Jetm96.00
2025-07-20BT Businessg60.00
2025-07-20DHLo120.00
2025-07-20Office Maintenance Ltdr180.00
2025-07-21Greggst8.00
2025-07-22Screwfixo18.00
2025-07-25Wilkoo15.00
2025-07-25Mileage claimm20.25
2025-07-28Shellm120.00
2025-07-31Smith & Col300.00
Aug
DateSupplierCodeAmount
2025-08-01WorkSpace Ltdp1,200.00
2025-08-01Microsoftg30.00
2025-08-01Slackg15.00
2025-08-01GitHubo45.00
2025-08-01Cloudflareo24.00
2025-08-01Zoomg18.00
2025-08-03AWSo180.00
2025-08-03Argoso22.00
2025-08-05Rymano24.00
2025-08-05BPm180.00
2025-08-05DigitalOceano36.00
2025-08-06Trainlinet48.00
2025-08-08National Railt48.00
2025-08-10Amazono36.00
2025-08-12NCPm18.00
2025-08-14Toolstationo48.00
2025-08-14Ubert24.00
2025-08-14Costa Coffeet12.00
2025-08-15Shellm150.00
2025-08-15Royal Mailg12.00
2025-08-15ComponentsDirects360.00
2025-08-18PC Repair Shopr240.00
2025-08-18Jetm96.00
2025-08-20BT Businessg60.00
2025-08-20Casual workere800.00
2025-08-20CableCos180.00
2025-08-21Greggst8.00
2025-08-22Screwfixo18.00
2025-08-25Wilkoo15.00
2025-08-25Mileage claimm38.25
2025-08-28Shellm120.00
2025-08-31Smith & Col300.00
Sep
DateSupplierCodeAmount
2025-09-01WorkSpace Ltdp1,200.00
2025-09-01Microsoftg30.00
2025-09-01Slackg15.00
2025-09-01GitHubo45.00
2025-09-01Cloudflareo24.00
2025-09-01Zoomg18.00
2025-09-03AWSo180.00
2025-09-03Argoso22.00
2025-09-05Rymano24.00
2025-09-05BPm180.00
2025-09-08National Railt48.00
2025-09-08Hiltio360.00
2025-09-10Amazono36.00
2025-09-10Royal Mailo96.00
2025-09-12NCPm18.00
2025-09-14Ubert24.00
2025-09-14Costa Coffeet12.00
2025-09-15Shellm150.00
2025-09-15Royal Mailg12.00
2025-09-15Jones Solicitorsl960.00
2025-09-16WHSmithg12.00
2025-09-18ElectroPartss240.00
2025-09-18Jetm96.00
2025-09-20BT Businessg60.00
2025-09-21Greggst8.00
2025-09-22Screwfixo18.00
2025-09-22Halfordsm72.00
2025-09-25EnergySupplyp300.00
2025-09-25Wilkoo15.00
2025-09-25Mileage claimm72.00
2025-09-28Shellm120.00
2025-09-30Smith & Col300.00
2025-09-30Directors loani208.00
Oct
DateSupplierCodeAmount
2025-10-01WorkSpace Ltdp1,200.00
2025-10-01Microsoftg30.00
2025-10-01Slackg15.00
2025-10-01GitHubo45.00
2025-10-01Simply Businesso360.00
2025-10-01Cloudflareo24.00
2025-10-01Zoomg18.00
2025-10-03AWSo180.00
2025-10-03Argoso22.00
2025-10-05Rymano24.00
2025-10-05BPm180.00
2025-10-05DigitalOceano36.00
2025-10-08National Railt48.00
2025-10-10Amazono36.00
2025-10-10Xeroxo180.00
2025-10-10TechPartss480.00
2025-10-10Google Adsa1,800.00
2025-10-12NCPm18.00
2025-10-14Toolstationo36.00
2025-10-14Ubert24.00
2025-10-14Costa Coffeet12.00
2025-10-15Shellm150.00
2025-10-15Royal Mailg12.00
2025-10-15TechExpoa1,200.00
2025-10-18Premier Innt120.00
2025-10-18Jetm96.00
2025-10-20BT Businessg60.00
2025-10-20Office Maintenance Ltdr96.00
2025-10-21Greggst8.00
2025-10-22Screwfixo18.00
2025-10-25Wilkoo15.00
2025-10-25Mileage claimm42.75
2025-10-25Fordf36,000.00
2025-10-28Shellm120.00
2025-10-31Smith & Col300.00
Nov
DateSupplierCodeAmount
2025-11-01WorkSpace Ltdp1,200.00
2025-11-01Microsoftg30.00
2025-11-01Slackg15.00
2025-11-01GitHubo45.00
2025-11-01Cloudflareo24.00
2025-11-01Zoomg18.00
2025-11-03AWSo180.00
2025-11-03Argoso22.00
2025-11-05Rymano24.00
2025-11-05BPm180.00
2025-11-06Trainlinet72.00
2025-11-08National Railt48.00
2025-11-10Amazono36.00
2025-11-12NCPm18.00
2025-11-14Ubert24.00
2025-11-14Costa Coffeet12.00
2025-11-15Shellm150.00
2025-11-15Royal Mailg12.00
2025-11-15ComponentsDirects540.00
2025-11-15BuildTech Solutionsd3,000.00
2025-11-16WHSmithg30.00
2025-11-18Jetm96.00
2025-11-20BT Businessg60.00
2025-11-20ParcelForceo240.00
2025-11-20CableCos300.00
2025-11-21Greggst8.00
2025-11-22Screwfixo18.00
2025-11-25Wilkoo15.00
2025-11-25Mileage claimm81.00
2025-11-28Shellm120.00
2025-11-30Smith & Col300.00
Dec
DateSupplierCodeAmount
2025-12-01WorkSpace Ltdp1,200.00
2025-12-01Microsoftg30.00
2025-12-01Slackg15.00
2025-12-01GitHubo45.00
2025-12-01Cloudflareo24.00
2025-12-01Zoomg18.00
2025-12-03AWSo180.00
2025-12-03Argoso22.00
2025-12-05Rymano24.00
2025-12-05BPm180.00
2025-12-05DigitalOceano36.00
2025-12-08National Railt48.00
2025-12-10Amazono36.00
2025-12-10Vistaprintg120.00
2025-12-12NCPm18.00
2025-12-14Toolstationo24.00
2025-12-14Ubert24.00
2025-12-14Costa Coffeet12.00
2025-12-15Shellm150.00
2025-12-15Royal Mailg12.00
2025-12-15Code Club UKb500.00
2025-12-18ElectroPartss480.00
2025-12-18Jetm96.00
2025-12-20BT Businessg60.00
2025-12-21Greggst8.00
2025-12-22Screwfixo18.00
2025-12-25EnergySupplyp420.00
2025-12-25Wilkoo15.00
2025-12-25Mileage claimm49.50
2025-12-28Shellm120.00
2025-12-31Smith & Col300.00
2025-12-31Directoro5,000.00
2025-12-31Directors loani167.00
Jan
DateSupplierCodeAmount
2026-01-01WorkSpace Ltdp1,200.00
2026-01-01Microsoftg30.00
2026-01-01Slackg15.00
2026-01-01GitHubo45.00
2026-01-01Cloudflareo24.00
2026-01-01Zoomg18.00
2026-01-03AWSo180.00
2026-01-03Argoso22.00
2026-01-05Rymano24.00
2026-01-05LinkedIna480.00
2026-01-05BPm180.00
2026-01-08National Railt48.00
2026-01-08Hiltio180.00
2026-01-10Amazono36.00
2026-01-10Xeroxo180.00
2026-01-10TechPartss600.00
2026-01-12NCPm18.00
2026-01-14Ubert24.00
2026-01-14Costa Coffeet12.00
2026-01-15Shellm150.00
2026-01-15Royal Mailg12.00
2026-01-16WHSmithg18.00
2026-01-18Jetm96.00
2026-01-20BT Businessg60.00
2026-01-20DHLo180.00
2026-01-20Office Maintenance Ltdr144.00
2026-01-21Greggst8.00
2026-01-22Screwfixo18.00
2026-01-22Halfordsm36.00
2026-01-25Wilkoo15.00
2026-01-25Mileage claimm38.25
2026-01-28Shellm120.00
2026-01-31Smith & Col300.00
Feb
DateSupplierCodeAmount
2026-02-01WorkSpace Ltdp1,200.00
2026-02-01Microsoftg30.00
2026-02-01Slackg15.00
2026-02-01GitHubo45.00
2026-02-01Cloudflareo24.00
2026-02-01Zoomg18.00
2026-02-03AWSo180.00
2026-02-03Argoso22.00
2026-02-05Rymano24.00
2026-02-05BPm180.00
2026-02-05DigitalOceano36.00
2026-02-06Trainlinet36.00
2026-02-08National Railt48.00
2026-02-10Amazono36.00
2026-02-12NCPm18.00
2026-02-12ToolHireo360.00
2026-02-14Toolstationo18.00
2026-02-14Ubert24.00
2026-02-14Costa Coffeet12.00
2026-02-15Shellm150.00
2026-02-15Royal Mailg12.00
2026-02-15ComponentsDirects420.00
2026-02-18PC Repair Shopr360.00
2026-02-18Premier Innt240.00
2026-02-18Jetm96.00
2026-02-20BT Businessg60.00
2026-02-20CableCos240.00
2026-02-21Greggst8.00
2026-02-22Screwfixo18.00
2026-02-25Wilkoo15.00
2026-02-25Mileage claimm31.50
2026-02-28Smith & Col300.00
2026-02-28Shellm120.00
Mar
DateSupplierCodeAmount
2026-03-01WorkSpace Ltdp1,200.00
2026-03-01Microsoftg30.00
2026-03-01Slackg15.00
2026-03-01GitHubo45.00
2026-03-01Cloudflareo24.00
2026-03-01Zoomg18.00
2026-03-03AWSo180.00
2026-03-03Argoso22.00
2026-03-05Rymano24.00
2026-03-05BPm180.00
2026-03-08National Railt48.00
2026-03-10Amazono36.00
2026-03-10Royal Mailo144.00
2026-03-12NCPm18.00
2026-03-14Ubert24.00
2026-03-14Costa Coffeet12.00
2026-03-15Shellm150.00
2026-03-15Royal Mailg12.00
2026-03-16WHSmithg24.00
2026-03-18ElectroPartss300.00
2026-03-18Jetm96.00
2026-03-20BT Businessg60.00
2026-03-21Greggst8.00
2026-03-22Screwfixo18.00
2026-03-22Halfordsm60.00
2026-03-25EnergySupplyp360.00
2026-03-25Wilkoo15.00
2026-03-25Mileage claimm58.50
2026-03-28Shellm120.00
2026-03-31Smith & Col300.00
2026-03-31Directors loani125.00

Opening and closing balances

Stock
ItemValue
Opening10,000.00
Closing6,000.00
Opening debtors
CustomerInvoiceAmount
Acme CorpINV-09017,200.00
Beta SystemsINV-09021,200.00
Gamma LtdINV-09032,400.00
Closing debtors
CustomerInvoiceAmount
Acme CorpINV-10128,000.00
TechStart LtdINV-11122,400.00
Opening creditors
SupplierInvoiceAmount
WorkSpace LtdWS-24031,200.00
Smith & CoSC-2403300.00
TechParts LtdTP-2403600.00
ShellSH-2403120.00
Closing creditors
SupplierInvoiceAmount
WorkSpace LtdWS-26031,200.00
Smith & CoSC-2603300.00
BT BusinessBT-260360.00
ShellSH-2603150.00

Screenshots

Profit and loss account sheet of the populated workbook
Profit and loss account — GB_Accounts_Basic_Sole_Trader.xlsx, sheet Profit & Loss Acc
Income tax calculation sheet of the populated workbook
Income tax calculation — GB_Accounts_Basic_Sole_Trader.xlsx, sheet Income Tax
Self assessment short pages sheet of the populated workbook
Self assessment short pages — GB_Accounts_Basic_Sole_Trader.xlsx, sheet SE Short
Debtors and creditors sheet of the populated workbook
Debtors and creditors — GB_Accounts_Basic_Sole_Trader.xlsx, sheet Debtors & Creditors

Accounting statements

Business Details

Amount
Business NamePrecision Code Trading
DescriptionIT consultancy and software development
Address123 High Street
TownManchester
PostcodeM1 1AA

Profit & Loss Account

Amount
Sales Turnover409,900
    Other IncomeOther income
    Cost of Sales (stock + direct)10,540
    Direct Costs8,000
Gross Profit391,360
    Employee Costs800
    Premises Costs15,840
    Repairs & Maintenance1,140
    General Admin1,962
    Motor Expenses7,598
    Travel & Subsistence1,860
    Advertising4,560
    Legal & Professional4,560
    Bad Debts500
    Interest & Finance750
    Other Expenses17,882
Total Expenses57,452
Net Profit333,908
    Capital Allowances0
Taxable Profit333,908
    Income Tax0
    Tax at basic rate120,995
    NI Class 47,934.76
Net Income After Tax204,978.24

Monthly Sales

Amount
Apr33,400
May32,920
Jun35,200
Jul33,760
Aug36,020
Sep33,760
Oct35,560
Nov35,320
Dec32,800
Jan35,440
Feb34,360
Mar31,360

Stock

Amount
Opening Stock10,000
Stock at Cost10,000
Closing Stock6,000

Debtors & Creditors

Amount
    Opening Debtor 17,200
    Opening Debtor 21,200
    Opening Debtor 32,400
    Closing Debtor 18,000
    Closing Debtor 22,400
    Closing Debtor 3420
    Opening Creditor 11,200
    Opening Creditor 2300
    Opening Creditor 3600
    Opening Creditor 4120
    Closing Creditor 11,200
    Closing Creditor 2300
    Closing Creditor 360
    Closing Creditor 4150
Cell values behind these statements
Business Details
CellDIY LabelValuediya-gl mapping
C5Business NamePrecision Code TradingentityInformation.organizationIdentifier
C7DescriptionIT consultancy and software developmententityInformation.organizationDescription
C8Address123 High Streetgl-bus:organizationAddress
C10TownManchestergl-bus:organizationAddress (town)
C12PostcodeM1 1AAgl-bus:organizationAddress (postcode)
Profit & Loss Acc
CellDIY LabelValuediya-gl mapping
C4Sales Turnover409900gl-cor:amount (salesTurnover)
C5Other IncomeOther incomegl-cor:amount (otherIncome)
C6Cost of Sales (stock + direct)10540gl-cor:amount (costOfSales)
C7Direct Costs8000gl-cor:amount (directCosts)
C9Gross Profit391360gl-cor:amount (grossProfit)
C11Employee Costs800accounts.purchases.5101
C12Premises Costs15840accounts.purchases.5200
C13Repairs & Maintenance1140accounts.purchases.5400
C14General Admin1962accounts.purchases.5501
C15Motor Expenses7598accounts.purchases.5601
C16Travel & Subsistence1860accounts.purchases.5600
C17Advertising4560accounts.purchases.5500
C18Legal & Professional4560accounts.purchases.5800
C19Bad Debts500accounts.purchases.5801 (badDebts)
C20Interest & Finance750accounts.purchases.5803
C21Other Expenses17882accounts.purchases (other)
C22Total Expenses57452gl-cor:amount (totalExpenses)
C24Net Profit333908gl-cor:amount (netProfit)
C26Capital Allowances0tax.capitalAllowances
C28Taxable Profit333908gl-cor:amount (taxableProfit)
C30Income Tax0tax.incomeTax
C32Tax at basic rate120995tax.incomeTax.basicRate
C33NI Class 47934.76tax.nationalInsurance.class4
C35Net Income After Tax204978.24gl-cor:amount (netIncome)
D4Apr33400gl-cor:amount (monthlySales.apr)
E4May32920gl-cor:amount (monthlySales.may)
F4Jun35200gl-cor:amount (monthlySales.jun)
G4Jul33760gl-cor:amount (monthlySales.jul)
H4Aug36020gl-cor:amount (monthlySales.aug)
I4Sep33760gl-cor:amount (monthlySales.sep)
J4Oct35560gl-cor:amount (monthlySales.oct)
K4Nov35320gl-cor:amount (monthlySales.nov)
L4Dec32800gl-cor:amount (monthlySales.dec)
M4Jan35440gl-cor:amount (monthlySales.jan)
N4Feb34360gl-cor:amount (monthlySales.feb)
O4Mar31360gl-cor:amount (monthlySales.mar)
Income Tax
CellDIY LabelValuediya-gl mapping
E5Profit from Self Employment333908gl-cor:amount (profitSE)
E6Less: Personal Allowance12570tax.incomeTax.personalAllowance
E7Taxable Income321338gl-cor:amount (taxableIncome)
E8Tax at Basic Rate (20%)7540.2tax.incomeTax.basicRate
E9Tax at Higher Rate (40%)113454.8tax.incomeTax.higherRate
E10Total Income Tax120995tax.incomeTax (total)
E11Less: CIS Deducted0diya-gl:cisDeduction (total)
E15NI Class 4 (lower band)2262tax.nationalInsurance.class4MainRate
E16NI Class 4 (upper band)5672.76tax.nationalInsurance.class4UpperRate
E18Total Tax + NI128929.76gl-cor:taxAmount (totalTaxNI)
SE Short
CellDIY LabelValuediya-gl mapping
A7Business namePrecision Code TradingentityInformation.organizationIdentifier
D38Turnover409900gl-cor:amount (sa103s.turnover)
D46Cost of goods18540gl-cor:amount (sa103s.costOfGoods)
D51Other direct costs9458gl-cor:amount (sa103s.otherDirect)
D55Employee costs800gl-cor:amount (sa103s.employeeCosts)
D60Premises costs15840gl-cor:amount (sa103s.premises)
D64Other expenses1140gl-cor:amount (sa103s.otherExpenses)
D71Net profit/loss333908gl-cor:amount (sa103s.netProfit)
D80Capital allowances0tax.capitalAllowances (sa103s)
D85AIA / WDA claimed0tax.capitalAllowances.aia (sa103s)
D94Other tax adjustments0gl-cor:amount (sa103s.otherAdjust)
D99Taxable profit333908gl-cor:amount (sa103s.taxableProfit)
A32VAT threshold noteBusiness income - if your annual turnover was below £90000 vat thresholdgl-cor:detailComment (sa103s.notes)
D106Net profit for tax calc333908gl-cor:amount (sa103s.profitForTax)
PurchasesStock
CellDIY LabelValuediya-gl mapping
D5Opening Stock10000accounts.assets.1100 (opening)
D7Stock at Cost10000accounts.assets.1100 (atCost)
D30Closing Stock6000accounts.assets.1100 (closing)
Debtors & Creditors
CellDIY LabelValuediya-gl mapping
C5Opening Debtor 17200accounts.assets.1300 (opening[0])
C6Opening Debtor 21200accounts.assets.1300 (opening[1])
C7Opening Debtor 32400accounts.assets.1300 (opening[2])
F5Closing Debtor 18000accounts.assets.1300 (closing[0])
F6Closing Debtor 22400accounts.assets.1300 (closing[1])
F7Closing Debtor 3420accounts.assets.1300 (closing[2])
C12Opening Creditor 11200accounts.liabilities.2100 (opening[0])
C13Opening Creditor 2300accounts.liabilities.2100 (opening[1])
C14Opening Creditor 3600accounts.liabilities.2100 (opening[2])
C15Opening Creditor 4120accounts.liabilities.2100 (opening[3])
F12Closing Creditor 11200accounts.liabilities.2100 (closing[0])
F13Closing Creditor 2300accounts.liabilities.2100 (closing[1])
F14Closing Creditor 360accounts.liabilities.2100 (closing[2])
F15Closing Creditor 4150accounts.liabilities.2100 (closing[3])

Tax review

Income Tax Calculation

Amount
Profit from Self Employment333,908
    Less: Personal Allowance12,570
Taxable Income321,338
    Tax at Basic Rate (20%)7,540.2
    Tax at Higher Rate (40%)113,454.8
Total Income Tax120,995
    Less: CIS Deducted-0
    NI Class 4 (lower band)2,262
    NI Class 4 (upper band)5,672.76
Total Tax + NI128,929.76

Self Assessment (SA103S)

Amount
Business namePrecision Code Trading
Accounting date
Turnover409,900
    Cost of goods18,540
    Other direct costs9,458
    Employee costs800
    Premises costs15,840
    Other expenses1,140
Net profit/loss333,908
    Capital allowances0
    AIA / WDA claimed0
    Other tax adjustments0
Taxable profit333,908
VAT threshold noteBusiness income - if your annual turnover was below £90000 vat threshold
Net profit for tax calc333,908