Management Report
Long for Success -- Event Planning
For the period ended December 31, 2024
Prepared on
September 30, 2024
For management use only
Table of Contents
Profit and Loss ................................................................................................................................................3
A/R Aging Detail ..............................................................................................................................................4
Sales by Customer Summary..........................................................................................................................5
2/5
Profit and Loss
January - December 2024
Total
INCOME
Billable Expenses Income 22,631.00
Markup 3,947.55
Sales 13,750.00
Sales of Product Income 19,050.00
Services 3,600.00
Total Income 62,978.55
COST OF GOODS SOLD
Cost of Goods Sold 9,664.68
Cost of Sales - billable expenses 35,018.50
Total Cost of Goods Sold 44,683.18
GROSS PROFIT 18,295.37
EXPENSES
Insurance Expense-General Liability Insurance 2,250.00
Interest expense 1,045.00
Janitorial Expense 417.52
Rent Expense 12,500.00
Utilities - Electric & Gas 2,237.23
Utilities - Water 618.84
Depreciation Expense 333.30
Total Expenses 19,401.89
OTHER EXPENSES
Exchange Gain or Loss 18.36
Total Other Expenses 18.36
PROFIT $ -1,124.88
Long for Success -- Event Planning 3/5
A/R Aging Detail
As of December 31, 2024
Date Transaction Type # Customer Due Date Amount Open Balance Foreign Amount Foreign Open Balance Currency Exchange Rate
91 or more days past due
19/04/2024 Payment Lew Plumbing 19/04/2024 -3,738.61 -454.83 -3,738.61 -454.83 CAD 1.00
24/07/2024 Payment Hazel Robinson 24/07/2024 -9,415.73 -974.63 -9,415.73 -974.63 CAD 1.00
15/07/2024 Invoice 1008 Benjamin Yeung 14/08/2024 904.00 904.00 904.00 904.00 CAD 1.00
15/07/2024 Invoice 1009 Benjamin Yeung 14/08/2024 7,345.00 7,345.00 7,345.00 7,345.00 CAD 1.00
14/08/2024 Invoice 1011 Jordan Burgess 13/09/2024 452.00 452.00 452.00 452.00 CAD 1.00
14/08/2024 Invoice 1010 Adwin Ko 13/09/2024 1,695.00 1,695.00 1,695.00 1,695.00 CAD 1.00
28/08/2024 Invoice 1014 Whitehead and Sons 27/09/2024 3,672.50 3,672.50 3,672.50 3,672.50 CAD 1.00
Total for 91 or more days past due $914.16 $12,639.04
61 - 90 days past due
29/09/2024 Invoice 1013 Whitehead and Sons 29/10/2024 1,356.00 1,356.00 1,356.00 1,356.00 CAD 1.00
29/09/2024 Invoice 1016 Anilkumar Pillai 29/10/2024 4,407.00 4,407.00 4,407.00 4,407.00 CAD 1.00
Total for 61 - 90 days past due $5,763.00 $5,763.00
TOTAL $6,677.16 $18,402.04
Long for Success -- Event Planning 4/5
Sales by Customer Summary
January - December 2024
Total
Adwin Ko 1,500.00
Anilkumar Pillai 7,800.00
Benjamin Yeung 10,986.25
Cathy's Consulting Company 9,049.80
Hazel Robinson 7,470.00
Jordan Burgess 400.00
Lew Plumbing 2,906.00
Oxon Insurance Agency
Oxon - Holiday Party 9,000.00
Oxon - Retreat 8,216.50
Total Oxon Insurance Agency 17,216.50
Whitehead and Sons 5,650.00
TOTAL $62,978.55
Long for Success -- Event Planning 5/5