23 August 2021
It's three years since we announced the formation of Mensch Publishing to an uninterested world.
I have accounts from inception to March 31, which includes setup costs and writing off of all stock and work in progress on a cash-expended basis.
Total cumulative revenue, including some consultancy fees and rights deals, is £278,000 (US$384,453) and profit before tax of £106,000 (US$146,593). I started with £10,000 (US$13,829) in a dedicated bank account and now have £30,000 (US$41,488) after paying advance tax. Not a huge bonanza but at least we are solvent and the on right side of the ledger.
