Reports / December 2021

End of year financial report.

Revenue:

• REST framework sponsorships: £44,264.74
• GitHub sponsorships: £12,671.89
• Direct invoicing: £3,600

Expenses:

• Salary (Net): £48,701.00
• Taxes: £8,391.09
• Monthly expenses: £7,866.62 (£3,342.00 Office costs, £1,800.00 Accountants, £2,724.62 Recurring services)
• Purchases: £507.05 (£86.80 Travel, £115.25 Office equipment, £305.00 Digital devices)

Summary:

• Opening balance: £16,260.71
• Total revenue: £60,536.63
• Total expenses: £65,465.76
• Closing balance: £11,331.60

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Notes:

• For tax purposes, the salary consists of both PAYE and dividends, which I’ve not bothered to distinguish between.
• Similarly, I’ve not distinguished between personal tax and corporation tax in this breakout.
• Recurring services include Heroku, AWS, Domain registration, Password manager, Phone rental, Bank standing charges and others.
• For 2021, working through Encode OSS was my sole income.

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With thanks as ever to all our wonderful sponsors, maintainers & contributors.

— Tom Christie.