P A WESTWOOD
MY Address
MY Address
MY Address
MY Address
MY Address
MY Address
MY Address
MY Address
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MY Address
STOCK AUDIT 01.01.09, 21 DAYS
Your Pub, MIDLANDS
Your Pub, MIDLANDS
RESULT
Liquor Result - £????.?? (4.8%) Surplus, Gross Profit - £??,???.?? (73.5%)
Food Gross Profit - £??,???.?? (73.5%) Before allowances
ADMINISTRATION
Liquor and food delivery information was extracted from the delivery notes/invoices presented.
Petty cash purchases were taken from the weekly petty cash sheets.
Glassware and line cleaning fluid have not been included in the stock results.
Cost prices were checked against the most recent invoices and updated where applicable.
Retail prices were checked against the sales reports and updated where applicable.
The liquor tills were £??.?? short after over rings to the value of £???.??, a detailed list of over rings was not available and have not therefore been included in the PLU variance report.
STOCK
The overall liquor stockholding is acceptable at 20 days (£????.??).
The food stockholding is excellent at 7 days (£????.??).
Stock to the value of £???.?? has been rang through the miscellaneous key which was mostly for wines which do not have a key on the till.
All stock areas were neat, tidy and well presented for stocktaking.
The stock on hand has been adjusted to close of business 31.12.08;
Liquor - £????.??, Food - £????.??
ALLOWANCES
One pipe clean has taken place this period. (£???.??).
The wastage allowance £???.?? was as presented by management and represents 1.0% of
turnover.
The cheap sales allowance (£????.??) was calculated from the consolidated till readings and is for wine sold on the all inclusive xmas packages.
Twenty four bottles of Cordial have been used on Conferences (£???.??).
The complimentary staff allowance (£???.??) was for ?? bottles of wine which were given to staff as xmas presents.
The complimentary allowance (£????.??) was for bottles of Sherry, Port and Champagne which were given to customers on Xmas day and New Years Eve.
An adjustment has been made for sales of Wine by the glass to ensure the result is not
inflated. (£??.??)
CONCLUSIONS/RECOMMENDATIONS
Another good liquor result both in terms of the surplus produced and the gross profit achieved, the surplus has been achieved on wines and draught beers and is probably due to staff under pouring on the all inclusive packages.
After examination of the PLU variance report our conclusions are as follows;
1) Spirits; £???.?? short with minor shortages on certain products, the shortage on Sambuca (? measures short) could be due to staff slightly over pouring.
2) Fortified Wine; £??.?? over.
3) Table Wines; £???.?? over which will be partly due to the all inclusive evenings with staff not always serving a full glass and could also be partly due to over rings which were not recorded and have not therefore been deducted from the PLU variance report.
4) Draught Beers; £???.?? over before pipe cleaning and £????.?? over after the allowance which has been achieved on Carling (??? pints over).
5) Bottled Beers/Ciders; £?.?? over which will be due to some over rings which have not been deducted from the PLU variance report.
6) Minerals; £???.?? short which is mostly on Post Mix (£???.??) although the baby mixers are ? bottles over (£???.??) hence this could be due to staff ringing post mix through the baby mixer key. The litre bottles of Mineral Water (? bottles short) will have been rang through the Misc key.
The food gross profit is good at 73.5% and is slightly higher than for the same period last year which was 73%, the revenue is also good which is averaging £????.?? per week and is on a par with the same period last year which was averaging £????.?? per week.
Liquor Result - £????.?? (4.8%) Surplus, Gross Profit - £??,???.?? (73.5%)
Food Gross Profit - £??,???.?? (73.5%) Before allowances
ADMINISTRATION
Liquor and food delivery information was extracted from the delivery notes/invoices presented.
Petty cash purchases were taken from the weekly petty cash sheets.
Glassware and line cleaning fluid have not been included in the stock results.
Cost prices were checked against the most recent invoices and updated where applicable.
Retail prices were checked against the sales reports and updated where applicable.
The liquor tills were £??.?? short after over rings to the value of £???.??, a detailed list of over rings was not available and have not therefore been included in the PLU variance report.
STOCK
The overall liquor stockholding is acceptable at 20 days (£????.??).
The food stockholding is excellent at 7 days (£????.??).
Stock to the value of £???.?? has been rang through the miscellaneous key which was mostly for wines which do not have a key on the till.
All stock areas were neat, tidy and well presented for stocktaking.
The stock on hand has been adjusted to close of business 31.12.08;
Liquor - £????.??, Food - £????.??
ALLOWANCES
One pipe clean has taken place this period. (£???.??).
The wastage allowance £???.?? was as presented by management and represents 1.0% of
turnover.
The cheap sales allowance (£????.??) was calculated from the consolidated till readings and is for wine sold on the all inclusive xmas packages.
Twenty four bottles of Cordial have been used on Conferences (£???.??).
The complimentary staff allowance (£???.??) was for ?? bottles of wine which were given to staff as xmas presents.
The complimentary allowance (£????.??) was for bottles of Sherry, Port and Champagne which were given to customers on Xmas day and New Years Eve.
An adjustment has been made for sales of Wine by the glass to ensure the result is not
inflated. (£??.??)
CONCLUSIONS/RECOMMENDATIONS
Another good liquor result both in terms of the surplus produced and the gross profit achieved, the surplus has been achieved on wines and draught beers and is probably due to staff under pouring on the all inclusive packages.
After examination of the PLU variance report our conclusions are as follows;
1) Spirits; £???.?? short with minor shortages on certain products, the shortage on Sambuca (? measures short) could be due to staff slightly over pouring.
2) Fortified Wine; £??.?? over.
3) Table Wines; £???.?? over which will be partly due to the all inclusive evenings with staff not always serving a full glass and could also be partly due to over rings which were not recorded and have not therefore been deducted from the PLU variance report.
4) Draught Beers; £???.?? over before pipe cleaning and £????.?? over after the allowance which has been achieved on Carling (??? pints over).
5) Bottled Beers/Ciders; £?.?? over which will be due to some over rings which have not been deducted from the PLU variance report.
6) Minerals; £???.?? short which is mostly on Post Mix (£???.??) although the baby mixers are ? bottles over (£???.??) hence this could be due to staff ringing post mix through the baby mixer key. The litre bottles of Mineral Water (? bottles short) will have been rang through the Misc key.
The food gross profit is good at 73.5% and is slightly higher than for the same period last year which was 73%, the revenue is also good which is averaging £????.?? per week and is on a par with the same period last year which was averaging £????.?? per week.
2009 Copyright Patricia Westwood
ILTSA