Module Assessment
MODULE PGBM01 - FINANCIAL MANAGEMENT & CONTROL
Submission Deadline Date: Monday 6th February 2023
Assessment weight: 100% of module
Outcomes Assessed: All module learning outcomes are assessed in this assignment.
Please note that this is an individual assignment
The policy of the University on Cheating, Collusion and Plagiarism applies.
You should therefore:
- Not complete your work with help from other students
- Reference all sources used in your work (using Harvard style referencing)
Submitting Your Work
Your completed assessment must be submitted by the deadline date
It should be submitted online, by uploading it to the module Canvas site (in the ‘Module
Assessment’ section)
You should submit your work as a WORD document
Grading and Feedback
Your mark and feedback comments will be available in the will be available from Monday 6th
March, on the module Canvas site (in the ‘Module Assessment’ section)
Word Limit
The maximum word count is 2,000 words (+/- 10%) in total overall to complete both sections
Please write the word count clearly on the front of your assignment.
, Assessment Instructions
Greenspace Supplies Limited makes and sells garden furniture and ornaments.
The financial statements for the business for the past two years are shown below:
Statement of Comprehensive Income
for the Year Ended 31st December
2020 2021
£000's £000's £000's £000's
6,78 6,22
Sales Revenue 0 0
Less: Cost of Sales:
Opening Inventory 850 780
Manufacturing Costs 4,321 4,223
5,171 5,003
Less Closing Inventory (780) (847)
(4,3 (4,1
Cost of Sales 91) 56)
2,38 2,06
Gross Profit 9 4
Less: Expenses
Selling & Distribution
Expenses 924 1,070
Administrative Expenses 202 323
Bad Debts written off 74 1,200 128 1,521
1,18 54
Operating Profit 9 3
(2 (3
Less: Interest Payable 35) 01)
95 24
Profit before tax 4 2
(2 (5
Less: Tax 41) 8)
71 18
Profit after tax 3 4
(1 (
Less: Dividends Paid 62) 61)
55 12
Retained Profit for the year 1 3
MODULE PGBM01 - FINANCIAL MANAGEMENT & CONTROL
Submission Deadline Date: Monday 6th February 2023
Assessment weight: 100% of module
Outcomes Assessed: All module learning outcomes are assessed in this assignment.
Please note that this is an individual assignment
The policy of the University on Cheating, Collusion and Plagiarism applies.
You should therefore:
- Not complete your work with help from other students
- Reference all sources used in your work (using Harvard style referencing)
Submitting Your Work
Your completed assessment must be submitted by the deadline date
It should be submitted online, by uploading it to the module Canvas site (in the ‘Module
Assessment’ section)
You should submit your work as a WORD document
Grading and Feedback
Your mark and feedback comments will be available in the will be available from Monday 6th
March, on the module Canvas site (in the ‘Module Assessment’ section)
Word Limit
The maximum word count is 2,000 words (+/- 10%) in total overall to complete both sections
Please write the word count clearly on the front of your assignment.
, Assessment Instructions
Greenspace Supplies Limited makes and sells garden furniture and ornaments.
The financial statements for the business for the past two years are shown below:
Statement of Comprehensive Income
for the Year Ended 31st December
2020 2021
£000's £000's £000's £000's
6,78 6,22
Sales Revenue 0 0
Less: Cost of Sales:
Opening Inventory 850 780
Manufacturing Costs 4,321 4,223
5,171 5,003
Less Closing Inventory (780) (847)
(4,3 (4,1
Cost of Sales 91) 56)
2,38 2,06
Gross Profit 9 4
Less: Expenses
Selling & Distribution
Expenses 924 1,070
Administrative Expenses 202 323
Bad Debts written off 74 1,200 128 1,521
1,18 54
Operating Profit 9 3
(2 (3
Less: Interest Payable 35) 01)
95 24
Profit before tax 4 2
(2 (5
Less: Tax 41) 8)
71 18
Profit after tax 3 4
(1 (
Less: Dividends Paid 62) 61)
55 12
Retained Profit for the year 1 3
