Balance Sheet
As of April 30, 2024 (Unit: Yen)
| Assets Section | Amount (¥) |
|---|---|
| Current Assets | 17,949,886 |
| Merchandise | 17,018,689 |
| Advances | 2,000 |
| Prepaid Expenses | 929,197 |
| Fixed Assets | 3,189,520 |
| (Investments and Other Assets) | |
| Security Deposits | 3,189,520 |
| Total Assets | 21,139,406 |
| Liabilities Section | Amount (¥) |
| Current Liabilities | 6,662,896 |
| Accounts Payable | 2,740,679 |
| Accrued Corporate Taxes | 3,879,400 |
| Deposits Received | 42,817 |
| Total Liabilities | 6,662,896 |
| Net Assets Section | Amount (¥) |
| Member Capital | 14,476,510 |
| Capital | 5,000,000 |
| Retained Earnings | 9,476,510 |
| Carried Forward Retained Earnings | 9,476,510 |
| Total Net Assets | 14,476,510 |
| Total Liabilities and Net Assets | 21,139,406 |
Income Statement
From May 1, 2023 to April 30, 2024 (Unit: Yen)
| Item | Amount (¥) |
|---|---|
| Sales | 74,501,837 |
| Cost of Goods Sold | |
| Opening Inventory | 3,932,430 |
| Purchases | 67,899,202 |
| Total | 71,831,632 |
| Ending Inventory | 17,018,689 |
| Cost of Goods Sold | 54,812,943 |
| Gross Profit | 19,688,894 |
| Selling, General and Administrative Expenses | |
| Executive Compensation | 3,600,000 |
| Statutory Welfare Costs | 478,830 |
| Rent | 425,112 |
| Consumables | 227,768 |
| Taxes | 92,614 |
| Shipping | 1,093,280 |
| Payment Fees | 534,216 |
| Miscellaneous | 7,932 |
| Total | 6,459,752 |
| Operating Income | 13,229,142 |
| Ordinary Income | 13,229,142 |
| Income Before Taxes | 13,229,142 |
| Corporate, Resident, and Business Taxes | 3,879,400 |
| Net Income for the Period | 9,349,742 |
Statement of Changes in Equity
From May 1, 2023 to April 30, 2024 (Unit: Yen)
| Member Capital | Amount (¥) |
|---|---|
| Capital: | 5,000,000 |
| Balance at Beginning and End of Period: | 5,000,000 |
| Retained Earnings | Amount (¥) |
| Other Retained Earnings: | 9,476,510 |
| Carried Forward Retained Earnings: | 9,476,510 |
| Balance at Beginning of Period: | 126,768 |
| Changes During Period: Net Income for the Period: | 9,349,742 |
| Balance at End of Period: | 9,476,510 |
| Total Retained Earnings | Amount (¥) |
| Balance at Beginning of Period: | 126,768 |
| Changes During Period: | 9,349,742 |
| Balance at End of Period: | 9,476,510 |
| Total Member Capital | Amount (¥) |
| Balance at Beginning of Period: | 5,126,768 |
| Changes During Period: | 9,349,742 |
| Balance at End of Period: | 14,476,510 |
| Total Net Assets | Amount (¥) |
| Balance at Beginning of Period: | 5,126,768 |
| Changes During Period: | 9,349,742 |
| Balance at End of Period: | 14,476,510 |
Individual Notes
From May 1, 2023 to April 30, 2024
This statement is prepared according to the guidelines for accounting of small and medium-sized enterprises.
Notes on Significant Accounting Policies
- Basis and Method of Asset Valuation: Inventory Valuation: Last purchase price method is adopted.
- Other significant matters for preparing the statements: Accounting Treatment of Consumption Tax: Tax-included method is adopted.