A record month helps fuel healthy cash balance

After our best month’s sales in July (£10,600), £8,500k sales in August were at face value disappointing but typical for retail and exacerbated by the relatively low number of opening hours in the month (10 fewer hours than July).

Monthly profit still amounted to a respectable £1.8k and, boosted by the share sales, the cash balance reached £40k for the first time, which demonstrates the robustness of the business and provides substantial contingency.

Further financial details are posted here for every month and anybody can have full, read-only access to the finance system (just email peter.harding@alpha-financials.com to get your own ID).