GENERAL INCOME:

-         Registration

-         Tuition fees.

LESS EXPENDITURE:

- Salaries and wages.

a)      Teachers

b)      Support staff

- Construction

- Transport

-  Feeding:(staff)

- Exams and tests: (a) Tests

                               (b) Final

                               (c)  Report booklets

- PLE Administration

- Trading license

- Co-curricular activities

a)      Zonal/county contributions

b)      Feeding participants

c)      First Aid

- Stationery

a)      Prep books

b)      Chalk

c)      Markers

d)      Manila cards

e)      Folder files

f)        Staple wires

g)      Accounts books

-Purchase of two balls

-Speak day

- Text books

- Medical care

-  Repair of school furniture

- Cleaning and up keeps

- Communication

- Miscellaneous

- Bank charges

TOTAL EXPENDITURE

NET INCOME

USHS

6.600,000/=

720,000/=

239,000/=

358,500/=

75,000/=

120,000/=

270,000/=

45,000/=

198,000/=

90,000/=

90,000/=

18,000/=

18,000/=

10,000/=

30,000/=

USHS

60,000/=

17.092,000/=

7.320,000/=

755,000/=

1.520,000/=

4.320,000/=

672,500/=

  90,000/=

50,000/=

435,000/=

454,000/=

100,000/=

240,000/=

454,000/=

450,000/=

65,000/=

100,000/=

120,000/=

295,000/=

79,250/=

USHS

17,152,000/=

16,850,750/=

301,250/=

Land

Desks

Benches

Black boards

Office tables

Staff tables

Plastic chairs

Side board

Office clock

Stapling machine

Punching machine

Set of mathematical instrument

Library stock

CURRENT ASSETS

Cash at hand(31^st 12/2008)

Debtors

LESS CURRENT LIABILITIES

Creditors(Teachers)

Net Assets Owned.

FINANCED BY.

Capital

Add. Net Income

Owners Equity/ Net worthy

COST

10.500,000/=

1.200,000/=

200,000/=

160,000/=

270,000/=

160,000/=

70,000/=

280,000/=

6,000/=

8,000/=

5,000/=

25,000/=

3.165,500/=

16,049,500/=

DEP 5%

-

60.000/=

10,000/=

8,000/=

13,500/=

8,000/=

3,500/=

14.000/=

300/=

400/=

250/=

1,250/=

158,275/=

277,475/=

26,500/=

1.700,000/=

1.726,500/=

81,500/=

13,825,775/=

                301,250/=

NBV

10,500,000/=

1.140,000/=

190,000/=

152,000/=

256,500/=

152,000/=

66,500/=

266,000/=

5,700/=

7,600/=

4,750/=

23,750/=

3.007.225/=

15,772,025/=

1.645,000/=

14,127,025/=

          14,127,025/=

14,127,025/=