The Mudcat Café TM
Thread #70734 Message #1208041
Posted By: Rasener
15-Jun-04 - 04:48 PM
Thread Name: 51st Sidmouth festival
Subject: RE: 51st Sidmouth festival
So the fixed costs are 750K Anahata. Thats an incredible amount.
The £200000, is that refundable? The ticket money is income, so in my opinion should not come into the equation.
Surely its the costs of artists, and other costs such as hire of the venue, insurance, security etc.
In a situation like this, surely profit has nowt to do with it. Its making sure nobody is out of pocket.
Not stirring Anahata, just trying to understand the accounting side.