Our Profit & Loss Statement for FY2020
/As part of our commitment to transparency in podcasting, Earlier this year we provided people with a full break down of our Profit and Loss statement, as way of allowing people to see where their money is spent. Money is not a thing that is discussed overly often (except when we ask you to give us yours!), so we have decided that this will be a yearly feature - each year, we’re going to make public our operating costs and income. This is information we have to manage anyway, because as a business, we need to complete tax returns, so ultimately the only additional work here is making sure it’s all understandable to people who don’t know our business.
A few caveats before we go right into it. Firstly, this information covers our costs from July 1st, 2019, to the end of the financial year on June 30th, 2020. This statement does not go into details on who we’ve paid and how much, and just shows information on general categories.
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