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12-07-2008, 10:35 AM
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 Balance sheet 2008 Last year I did an ongoing balance shett post on here, (inspired by Nick the Grief), and after a comment a few weeks ago I thought I'd open another balance sheet thread, please feel free to post what your balance sheet looks like! I know we dont all grow just to save money, but with the current rises in food prices, its another good reason (as well as the taste, freshness, provenance, exercise, redsucing food miles, reducing landfill etc), and one that I find inspirational! So to start it off, here's our current balance sheet for 2008 Total costs so far this growing year Rent (for 2 full plots and a half plot) #100 Seeds # 30 Seed Spuds # 20 Compost / Grow Bags # 20 Fertilizers etc # 20 Muck # 10 Total costs #200 Total Harvests 2 batches overwintered garlic (97 bulbs) =50 pounds sterling approx Rasps 7lb =12 pounds sterling approx Strawbs 5lb =10 pounds sterling approx Courgettes x 15 =8 pounds sterling Rhubarb 20lb = 40 pounds sterling Cucumber 3 = 2 pounds Chillies / peppers = 3 pounds Spuds 40lb = 20 pounds Onions = 35 pounds Radish = 5 pounds Mange Tout 5lb = 10 pounds Broad Beans 5lb = 5 pounds Lettuce x 6 = 4 pounds Broccolli = 5 pounds Cabbage = 3 pounds Caulis = 2 pounds Carrots = 3 pounds Total Harvest so far 2008 252 pounds sterling! So we're showing a profit of 52 pounds already, with sill the main cropping to start for the year! Not too bad at all! 
__________________ Blessings Suzanne (aka Mrs Dobby) 'Garden naked - get some colour in your cheeks'! The Dobby's Pumpkin Patch - a blogspot work in progress! Last updated 12th September 2008 - updated balance sheet!      |
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12-07-2008, 10:48 AM
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| Excellent!Something I'm far to disorganised myself to do but inspirational to see someone elses figures knowing that ours are prob similar~sometimes get concerned as to how much we spend on lottie but when you see the comparisons to what you'd be paying out for the fresh veg otherwise you see it easily overcompensates,cheers!
__________________ the fates lead him who will;him who won't they drag. Happiness is not having what you want,but wanting what you have.xx |
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12-07-2008, 11:31 AM
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| I have not kept any writen records,for me it would spoil things,but we do recycle things to the lottie where ever we need to,the free,er the better,you just cannot compare the taste of home grown to the shops,and then there's the exercise,happiness at achieving,watching something grow from a little seed,with supprises around every corner,and no year ever the same,other wise we would have nothing to talk about,would we,but your thread certainly makes food for thought,lol,what have i just put |
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12-07-2008, 12:55 PM
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| Who's got a new keyboard? and hasn't figured out how to get the £ sign yet then Mrs D! 
__________________ My Majesty made for him a garden anew in order to present to him vegetables and all beautiful flowers.- Offerings of Thutmose III to Amon-Ra (1500 BCE) |
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12-07-2008, 01:03 PM
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| Lol Snadger! Not a new keytboard, but had to reinstall everything a few months ago after a major system crash, and no matter what I do I cant get the keyboard set to english uk, its defaulted to english us! Bleedin annoying, even tho the control panel, word, outlook and all other programmes are set to uk english! Grrr!!! 
__________________ Blessings Suzanne (aka Mrs Dobby) 'Garden naked - get some colour in your cheeks'! The Dobby's Pumpkin Patch - a blogspot work in progress! Last updated 12th September 2008 - updated balance sheet! |
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12-07-2008, 01:38 PM
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| I love your balance sheet Mrs D.
__________________ Andrea :wavehello http://www.growfruitandveg.co.uk/gra...logs/zazen999/ moon trials completed: tomatoes [46% increase in crop per seed sown and 10% increase in crop per plant] currently underway: calabrese garlic |
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12-07-2008, 01:53 PM
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| Quote:
__________________ My Majesty made for him a garden anew in order to present to him vegetables and all beautiful flowers.- Offerings of Thutmose III to Amon-Ra (1500 BCE) |
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12-07-2008, 02:40 PM
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| Having spent quite a lot as I started from less than scratch, it would probably come out as loss - if I didn't add extra value for the fact the homegrown is far superior to cheap supermarket produce. I'd say you could double the value of your crops, snadger, making a 'profit' of £304! |
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12-07-2008, 03:10 PM
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| We worked out the other day, with what we've harvested of 'Anya' potatoes we've saved £10 with one tubful! They're currently £2 for a kilo in Sainsburys 
__________________ Sarah “Tell me one last thing,” said Harry. “Is this real? Or has this been happening inside my head?” “Of course it is happening inside your head, Harry, but why on earth should that mean that it is not real?” |
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12-07-2008, 05:25 PM
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| "after a major system crash, and no matter what I do I cant get the keyboard set to english uk, its defaulted to english us! " Start : Settings : Control panel : Keyboard : [Input locales] Default input language = English (UK) Make sure its the Default in the "Installed services" below I don't think its the Regional Options, but just in case: Start : Settings : Control panel : Regional options [General] : Your locale = "English UK" Language settings for the system = "Western Eurpose and United States" - and make sure that is the one set to Default (otherwise press [Set default ...] |
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12-07-2008, 06:54 PM
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| Thanks Snadger and Kristen, have done the Regional Options, but no change as yet, the other one doesnt seem to have that option on my Control Panel : Keyboard Options, I'm running Windows XP! Armadillo, our costs last year were a lot higher, about 550 pounds as we had tools, greenhouse glass n lots of other things to buy, but with a harvest of about 850 pounds worth, we still showed a 'profit'! The costings for the veg I'm using are for organic fresh from the supermarkets, but I know that they could be much more expensive, I'm just being conservative in my estimates!
__________________ Blessings Suzanne (aka Mrs Dobby) 'Garden naked - get some colour in your cheeks'! The Dobby's Pumpkin Patch - a blogspot work in progress! Last updated 12th September 2008 - updated balance sheet! |
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12-07-2008, 07:50 PM
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| Whilst you're obviously doing well, if you factored in labour costs then it wouldn't look so healthy! Just think of the hours you spend up there and multiply that by an hourly rate...... Mind you, you could offset that against gym membership but then again, if you drive there then you need to factor in petrol to get to and from the plot - not simple!!!!!
__________________ Some of us live in the past, always talking about back then. Some of us live in the future, always planning what we are going to do. And, then there are those, who neither look behind or ahead, but just enjoy the moment of right now. Which one are you and is it how you want to be? |
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12-07-2008, 07:55 PM
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| On the other hand, if you count 'grow your own' as a hobby, there aren't that many that make a profit. Even if you produce saleable items, you have to find some one to buy. At least with veg you eat your own and don't have to find customers
__________________ I could not live without a garden, it is my place to unwind and recover, to marvel at the power of all growing things, even weeds!  http://potagerplot.blogspot.com/ |
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12-07-2008, 08:23 PM
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| above anything else,we most likely eat more fruit and veg,and a bigger variety than we would,if we had to pay the going rate the shops charge,and we know how it's grown. |
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12-07-2008, 08:45 PM
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| I used to keep a log of produce harvested and cost of same produce in shops. It's amazing how much your home-grown produce would cost if bought at a supermarket. But then again, if we didn't grow our own we probably wouldn't be buying asparagus, strawberries, raspberries, new potatoes etc. I love growing my own and I may start another balance sheet just for the interest of it. |
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12-07-2008, 10:30 PM
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| Quote:
I'm running windows XP also and went to regional options..........set it to English (United Kingdom)...........press customise..........currency tab......change symbol to £ sign from a drop down list! Good luck!
__________________ My Majesty made for him a garden anew in order to present to him vegetables and all beautiful flowers.- Offerings of Thutmose III to Amon-Ra (1500 BCE) |
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13-07-2008, 02:10 AM
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| I have an accountant to do all that for me !! I do keep a note of every single sale I make and how much of each type of produce goes into my veg boxes or to the local Farmers Markets though this is more to help me identify what has been a commercially successful crop and what I need to rethink for next season. I price my veg based on a number of supermarket prices, other local box scheme prices or demand e.g new season veg -especially my tatties, broadies and peas - these are the veg that attract customers to my farm gate sales - once I have them there I sell them other veg they didn't know they wanted !! 
__________________ Rat British by birth Scottish by the Grace of God Blog updated Wednesday 17th September |
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13-07-2008, 03:51 PM
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| Thanks Snadger, after being off overnight it seems to have finally fixed itself! Whoo hoo!!! Anyhows, today we harvested 5lb of raspberries= £20 8 courgettes= £4 a cabbage=£.8 a cucumber=£.8 6 portions of broccolli=£1 12 baby carrots=£1 a cauli=£1 Todays haul = £28.60 So, cumulative thats now......... Total costs so far this growing year Rent (for 2 full plots and a half plot) #100 Seeds # 30 Seed Spuds # 20 Compost / Grow Bags # 20 Fertilizers etc # 20 Muck # 10 Total costs #200 Total Harvests 2 batches overwintered garlic (97 bulbs) =50 pounds sterling approx Rasps 12lb =35 pounds sterling approx Strawbs 5lb =10 pounds sterling approx Courgettes x 23 =16 pounds sterling Rhubarb 20lb = 40 pounds sterling Cucumber 4 = 3 pounds Chillies / peppers = 3 pounds Spuds 40lb = 20 pounds Onions = 35 pounds Radish = 5 pounds Mange Tout 6lb = 12 pounds Broad Beans 5lb = 5 pounds Lettuce x 6 = 4 pounds Broccolli = 6 pounds Cabbage = 4 pounds Caulis = 3 pounds Carrots = 4 pounds Total Harvest so far 2008 = £280 - a profit now of £80!!
__________________ Blessings Suzanne (aka Mrs Dobby) 'Garden naked - get some colour in your cheeks'! The Dobby's Pumpkin Patch - a blogspot work in progress! Last updated 12th September 2008 - updated balance sheet! |
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13-07-2008, 04:15 PM
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| Not a bad idea. I might just give this a try from October . I think the starting up stage was the priciest but I'm finding seed saving, recycling and offers are bringing the costs down as I go along.Last edited by TinyT; 13-07-2008 at 04:16 PM. |
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14-07-2008, 11:39 AM
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| Mrs D, on your toolbar at the bottom of your page, RH corner do you have a symbol EN. In future if you right click on this you can change the language quickly from one to another if you so wish. This works for XP anyway. |
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14-07-2008, 07:32 PM
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| Cool! Thanks Mikey, its appeared on there now that I've followed Snadger n Kristens advice, so I can now type £££££££££££££££££££££££! Whoo hoo!!! Alison, I know what you mean re the labour factor, but as its a hobby, something that we enjoy, that destresses us and keeps us fit, then the labour factor doesnt really count, plus of course it saves us gym membership aswell!
__________________ Blessings Suzanne (aka Mrs Dobby) 'Garden naked - get some colour in your cheeks'! The Dobby's Pumpkin Patch - a blogspot work in progress! Last updated 12th September 2008 - updated balance sheet! |
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14-07-2008, 10:17 PM
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| Hiya Mrs D You seem to be doing well again this year - only one comment to make though - and it's not a bad one either. The value you are putting on your veg seems too low - if you are going to compare home grown surely you should be using prices that reflect the near enough as to make no difference organic status. Your cucumber is way too cheap as is your cabbage and cauliflower!!!!
__________________ Rat British by birth Scottish by the Grace of God Blog updated Wednesday 17th September |