MHFA England Impact Report 2019

Income and expenditure account for the year ended 31 March 2019

2019

2018

£

£

Income

9,071,267

5,668,524

Cost of sales

(3,010,843)

(1,649,500)

Gross surplus

6,060,424

4,019,024

Administrative expenses

(4,420,650)

(3,018,079)

Operating surplus

1,639,774

1,000,945

Interest receivable and similar income

1,711

3,707

Surplus before taxation

1,641,485

1,004,652

Tax on surplus

(318,617)

(200,384)

Surplus for the financial year

1,322,868

804,268

Julian Kenny Chief Finance Officer

Company registration no. 07021392

46

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