2022_financial_statements []

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====== 2022 Financial Statements ======

Please note:
The financial statements presented here represent draft statements only, pieced together using the best data available at the time. Sunbeam City is not under any regulatory requirement to produce statements at this time but aims to follow the Generally Accepted Accounting Principles (GAAP) presented in IFRS.

Sunbeam City reserves the right to modify & update these statements as data & comprehension of IFRS and accounting principles improve.

We would like to apologize in advance to those utilizing a screen reader. Tables were used in the construction of these sheets and we understand they are not particularly accessible. Please contact [[https://sunbeam.city/@srgray|@srgray@sunbeam.city]] if you know of a better way to present this financial data while still adhering to GAAP requirements.

===== 2022 Income Statement (Draft) =====

|         As of 31 December 2022         ||||
| | | | |
^Revenues | | | |
| |Monthly Membership Revenue|    €190.00| |
| |Annual Membership Revenue|    €279.00| |
| |One-Time Donation Revenue|    __€60.00__|    €529.00|
^Variable Expenses | | | |
| |Stripe Processor Expenses|    €27.35| |
| |Paypal Processor Expenses|    €6.31| |
| |Uncategorized Processor Expenses|    €5.69| |
| |Open Collective Host Expenses|    __€31.74__|    __€71.09__|
^Gross Income| | |    €457.91|
| | | | |
^Fixed Expenses | | | |
| |Discourse Server Expenses|    €71.90| |
| |Server Expenses|    __€226.36__|    __€298.26__|
^EBIT (Operating Income)| | |    €159.65|
| | | | |
|Interest| | |    __€0.00__|
^IBT| | |    €159.65|
| | | | |
|Taxes| | |    __€0.00__|
^Net Income| | |    €159.65|

===== 2022 Annual Cash Flow (Draft) =====

|    January 1, 2022 - December 31, 2022    |||
| |||
| | ^  2022  |
^Cash from Operating|||
|Donations| |    €491.19|
|Expenses| |    __€177.13__|
|Net Cash Flow from Operating| |    €314.06|
| |||
^Cash Balance |||
|Previous Period| |    €646.26|
|Increase (Decrease)| |    __€314.06__|
|Ending Balance| |    €960.32|

Note: Payment Processing Expenses are excluded from operating cash revenues & expenses, as they are deducted automatically before funds are added to the OpenCollective Account.

===== 2022 Monthly Cash Flow (Draft) =====

|    January 2022 - December 31, 2022    |||||||||||||
| |||||||||||||
| | ^  Jan  ^  Feb  ^  Mar  ^  Apr  ^  May  ^  Jun  ^  Jul  ^  Aug  ^  Sep  ^  Oct  ^  Nov  ^ Dec |
^Cash from Operating||||||||||||||
|Donations| |    €12.10|    €66.23|    €24.22|    €44.64|    €14.04|    €15.98|    €15.98|    €15.98|    €15.98|    €14.04|    €130.31|    €121.69|
|Expenses| |    __€0.84__|    __€4.20__|    __€1.62__|    __€2.82__|    __€146.35__|    __€1.08__|    __€1.08__|    __€1.08__|    __€1.08__|    __€0.96__|    __€8.28__|    __€7.74__|
|Net Cash Flow from Operating| |    €11.26|    €62.03|    €22.60|    €41.82|    (€132.31)|    €14.90|    €14.90|    €14.90|    €14.90|    €13.08|    €122.03|    €113.95|
| ||||||||||||||
^Cash Balance ||||||||||||||
|Previous Period| |    €646.26|    €657.52|    €719.55|    €742.15|    €783.97|    €651.66|    €666.56|    €681.46|    €696.36|    €711.26|    €724.34|    €960.32|
|Increase (Decrease)| |    __€11.26__|    __€62.03__|    __€22.60__|    __€41.82__|    __(€132.31)__|    __€14.90__|    __€14.90__|    __€14.90__|    __€14.90__|    __€13.08__|    __€122.03__|    __€113.95__|
|Ending Balance| |    €657.52|    €719.55|    €742.15|    €783.97|    €651.66|    €666.56|    €681.46|    €696.36|    €711.26|    €724.34|    €846.37|    €960.32|

Note: Payment Processing Expenses are excluded from operating cash revenues & expenses, as they are deducted automatically before funds are added to the OpenCollective Account.

===== 2022 Balance Sheet (Draft) =====

|    As of 31 December 2022    |||||
| |||||
|OpenCollective Cash|    €960.32| |Accounts Payable|    €154.41|
|Accounts Receivable|    €0.00| |Deferred Taxes|    __€0.00__|
|Inventories|    __€0.00__| |Total Current Liabilities|    €154.41|
|Total Current Assets|    €960.32| | | |
| | | |Long Term Debt|    €0.00|
|Property, Plant, and Equipment|    __€0.00__| | | |
| | | |SBC Equity|    €646.26|
| | | |2022 Retained Earnings|    __€159.65__|
| | | |Total Equity|    __€805.91__|
| |||||
^Total Assets|    €960.32| ^Liabilities & Equity|    €960.32|

---
For the latest statements (2023), see [[financial_statements|Financial Statements]]