Analyse the information provided in Profit and Loss 2017/18 and Cash Flow Statement 2017/18.

Based on your analysis, develop a short report for the Principal Consultant that includes

Review of overall performance and gross/net profit margins.

Calculation of variation in actual versus budgeted amounts for each income source.

Calculation of variation in actual versus budgeted costs, focusing particularly on conference costs.

Recommended revisions to the budget for conference costs for 2017/18.

Proposed conference fee for 2018 conference assuming attendance of 70 people and to make a profit of at least 20%.