EFTA00792733.pdf

Next Management London, LTD CONSOLIDATED INCOME STATEMENT For the 11 Months Ending November 30, 2017 YTO YIO Vat Poor Current X November 2017 Revenue Agency Fees - Female 7.594.334 2.120.574 6.93% Agency Fees - Male 2.626313 2.660.713 1.32% Agency Fees - Female • Branch 1.674.408 1.741.946 4.01% Agency Fees - Male - Branch 61.148 45.091 (2626%) Agency Fees - Special Bookmgs-Female 338213 1.124.027 211.66% Agency Fees - Special Bookers; • Male 79194 189.677 142.57% Talent Revenue - London 30.749 93.272 203.33% Talent Revenue - Branch 8.998 Miss Income 231385 50.130 (ISM%) Model Fees - Female 14590/309) (52743181 7.84% Model Fees -Male 11.676221) (1389.7331 0.76% Model Fees - Female Branch 11.021.568) (1.081.7121 5.89% Model Fees - Male Branch 137.190 136.603) (139%) Model Fees - Female Special °oolongs (232323) (799.3661 243.77% Model Fees - Male Special Bookings 449521) 024.8041 151.62% Total Revenue 4.727.118 5.028.401 6.37% Operating Expenses Scouting Expenses Selene, & P/r Expenses 119.472 159.037 33.12% /Wyoming & Promotion 670 467 (3032%) Travel Expense 13236 15.737 18.89% Entertainment Expense 4,752 3.390 (28.65%) Telephone Expense 119 (100.00%) hesc. Expense 378 1.246 229.54% Total Scouting Expenses 139626 179.676 29.75% Saks Expenses Salanes& P/r Expenses 1.801.126 1.510.376 (16.14%) Advt.-tang & Promotion 11248 17.582 56.31% Commission Expense 561.313 603.262 7.47% Travel Expense 118201 157.078 32.11% Entertainment Expense 62529 68.227 8.94% Model Related Expense 166.964 156.127 (593%) hem Expenses 32.096 24.415 (23.93%) Total Sales Expenses 2.753277 2.537.066 (785%) AdmInistrathre Expenses Salanes& P/r Expenses 142202 170.501 19.90% Rent 208314 178.449 (14.21%) Travel expense 730 . (100.00%) Bank Charges 12.534 13.273 5.90% Model Apt. Expense 12555) (2.772) 8.52% Chargehack Expense 'holding) 8.472 4.029 (5245%) Chargehads Adjustment 18.472) (4029) (52.45%) Massterunce Contracts 78.391 58.787 (25.01%) Office Supplies & Expenses 80.054 96.777 20.89% Porting & Computer Stipples 4.197 6.682 59.21% Telephone Expense 39406 38.179 4.87% Mitres bpense 19648 12.534 17.72% legal Fees 11569 9.682 (18.43%) Accounting Fees 21186 18.607 (1537%) Consulting Fees 663558 631.626 25.30% insurance Expense 4.496 5.040 12.66% Donations 22.700 2.200 (90.31%) Interest Expense • 3.210 Taxes 67.076 45.785 (4742%) Exchange Rate Vanance 208.136 22.329 (8917%) Miss Expenses 2.358 2.397 1.66% Total Administrative Expenses 1591099 1513394 (5LIO%) Total Expenses 4,485,004 4.230416 (538%) Net Income (loss) GBP 242,113 797,985 229.59% pope 1013 EFTA00792733 Balance Sheet Currency: Base, As Posted, Entry Curr: TO ZZZZ As of 11/30/2017 Next Management London LTD (NUK) Assets Current Assets 1026-00 CHECKING - GBP(10171099) E 462.819.29 1027-00 CHECKING - RBS $ (00318888) e 83.293.98 1028-00 CHECKING - RBS EURO (10073404) E 646.06&60 1035-00 CHECKING -JPM (0039101102) E 359.797.13 1036-00 CHECKING - JPM $ (0039101103) e 24.991.63 1037-00 CHECKING -JPM EURO (0039101101) £ 1,700,630.95 1040-00 REVALUATION OF $ ACCOUNTS e 48.469.95 1041-00 REVALUATION OF C ACCOUNTS E 106.937.91 1043-00 MODEL PAYABLE REVALUATION e 37.759.73 1044-00 TRADE PAYABLE REVALUATION E -1,084.95 1100-00 ACCOUNTS RECEIVABLE £ 2,502,318.10 1101-00 ACCRUED ACCOUNTS RECEIVABLE E 952.45&00 1110-00 ALLOWANCE FOR DOUBTFUL ACCOUNTS £ 0.38 1123-00 LOANS -EMPLOYEES E 15.880.89 1130-00 PETTY CASH E 6,000.00 1300-00 MODEL ADVANCE ACCOUNT E -1,041.89 1400-00 MISC. ADVANCE ACCOUNT E -134.377.58 1400-10 MISC. ADVANCE ACCOUNT E -57.22 Total Current Assets: £ 6.810.861.90 Fixed Assets 1551-00 LOAN TO NEXT PARIS E 215.75&93 1700-00 OFFICE MACHINE & EQUIPMENT E 103.312.78 1710-00 AID MACHINE & EQUIPMENT £ -70,726.19 1740-00 FURNITURE & FIXTURES e 13.45&27 1750-00 ND FURNITURE & FIXTURES E -5,130.82 1770-00 OFFICE IMPROVEMENTS E 291.402.84 1775-00 ND OFFICE IMPROVEMENTS E -185.768.32 Total Fixed Assets: £ 362.305.49 Other Assets 1850-00 DEPOSITS E 4.170.00 Total Other Assets: 4.170.00 Total Assets: E 7.177.337.39 Liabilities Current Liabilities 2000-00 ACCOUNTS PAYABLE - TRADE E 318.37&86 2000-01 ACCOUNTS PAYABLE - MODELS £ 3,614.605.78 2000-02 ACCOUNTS PAYABLE - MALE E 415.462.59 2000-10 ACCOUNTS PAYABLE- TRADE FRANCE £ 9,725.32 2000-11 ACCOUNTS PAYABLE - FEMALE FRANCE £ 1,089.439.08 2000-12 ACCOUNTS PAYABLE - MALE FRANCE £ 23.301.41 2000-45 ACCOUNTS PAYABLE- MOTHER AGENCY £ 60.721.84 2060-00 VAT TAX PAYABLE-OUTPUT E 349.117.50 2061-00 VAT TAX PAYABLE - INPUT £ -20,649.06 2061-01 VAT TAX PAYABLE - INPUT £ -83,675.90 2110-00 CORPORATE TAX PAYABLE £ -36,968.00 2115-00 DEFERRED TAX E 12.217.25 2205-10 W/H TAX PAYBLE - FRENCH BRANCH E 27.61536 2206-00 ACCRUED W/H TAX E -131.76 2240-01 M&S REBATE PAYABLE - FEMALE E 18.252.00 2240-02 M&S REBATE PAYABLE - MALE £ 2,700.00 Total Current Liabilities: £ 5.800.113.67 Total Liabilities: £ 5.800.113.67 Equity 3200-00 RETAINED EARNINGS E 491.817.67 3200-00 Retained Earnings-Current Year E 793.95&05 3210-00 PARTNERS CAPITAL e 91.450.00 EFTA00792734 Total Equity: E 1,377,223.72 Total Liabilities & Equity: E 7,177,337.39 EFTA00792735