Balance Sheet
As of April 30, 2023 (Unit: Yen)
| Assets Section | Amount (¥) |
|---|---|
| Current Assets | 5,079,156 |
| Cash and Deposits | 1,045,520 |
| Merchandise | 3,932,430 |
| Prepaid Expenses | 101,206 |
| Fixed Assets | 222,355 |
| (Investments and Other Assets) | |
| Security Deposits | 222,355 |
| Total Assets | 5,301,511 |
| Liabilities Section | Amount (¥) |
| Current Liabilities | 174,743 |
| Accrued Corporate Taxes | 138,000 |
| Deposits Received | 36,743 |
| Total Liabilities | 174,743 |
| Net Assets Section | Amount (¥) |
| Member Capital | 5,126,768 |
| Capital | 5,000,000 |
| Retained Earnings | 126,768 |
| Carried Forward Retained Earnings | 126,768 |
| Total Net Assets | 5,126,768 |
| Total Liabilities and Net Assets | 5,301,511 |
Income Statement
From June 21, 2022 to April 30, 2023 (Unit: Yen)
| Item | Amount (¥) |
|---|---|
| Sales | 20,558,454 |
| Cost of Goods Sold | |
| Purchases | 17,462,413 |
| Total | 17,462,413 |
| Ending Inventory | 3,932,430 |
| Cost of Goods Sold | 13,529,983 |
| Gross Profit | 7,028,471 |
| Selling, General and Administrative Expenses | |
| Executive Compensation | 2,400,000 |
| Rent | 1,474,538 |
| Insurance | 30,000 |
| Repair Costs | 106,645 |
| Consumables | 379,351 |
| Shipping | 1,703,981 |
| Payment Fees | 570,490 |
| Miscellaneous | 98,698 |
| Total | 6,763,703 |
| Operating Income | 264,768 |
| Ordinary Income | 264,768 |
| Income Before Taxes | 264,768 |
| Corporate, Resident, and Business Taxes | 138,000 |
| Net Income for the Period | 126,768 |
Statement of Changes in Equity
From June 21, 2022 to April 30, 2023 (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: | 126,768 |
| Carried Forward Retained Earnings: | 126,768 |
| Balance at Beginning of Period: | 0 |
| Changes During Period: Net Income for the Period: | 126,768 |
| Balance at End of Period: | 126,768 |
| Total Retained Earnings | Amount (¥) |
| Balance at Beginning of Period: | 0 |
| Changes During Period: | 126,768 |
| Balance at End of Period: | 126,768 |
| Total Member Capital | Amount (¥) |
| Balance at Beginning of Period: | 5,000,000 |
| Changes During Period: | 126,768 |
| Balance at End of Period: | 5,126,768 |
| Total Net Assets | Amount (¥) |
| Balance at Beginning of Period: | 5,000,000 |
| Changes During Period: | 126,768 |
| Balance at End of Period: | 5,126,768 |
Individual Notes
From June 21, 2022 to April 30, 2023
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.