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Income Statement - 23/24 Loss Shown As Profit?
Hello,
(Thank you for your excellent software)
The generated Income Statement is displaying what should be a loss for last year as a profit (missing brackets).
Does it need to be corrected before submission?
Many thanks.
Income Statement
For the Year Ended 31 March 2025
2025 2024
Turnover 643 1,679
Other charges (5,418) (6,443)
Profit before taxation (4,775) (4,764)
Tax on profit 0 0
Profit for the financial year (4,775) 4,764
(Thank you for your excellent software)
The generated Income Statement is displaying what should be a loss for last year as a profit (missing brackets).
Does it need to be corrected before submission?
Many thanks.
Income Statement
For the Year Ended 31 March 2025
2025 2024
Turnover 643 1,679
Other charges (5,418) (6,443)
Profit before taxation (4,775) (4,764)
Tax on profit 0 0
Profit for the financial year (4,775) 4,764
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