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FINANCIAL STATEMENTS |
CONTENTS |
PAGE |
Director's report |
1 |
Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements |
2 |
Income statement |
3 |
Statement of financial position |
4 |
Notes to the financial statements |
6 |
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DIRECTOR'S REPORT |
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Director |
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Registered office: |
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UK |
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CHARTERED ACCOUNTANT'S REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
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INCOME STATEMENT |
2018 |
2017 |
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Note |
£ |
£ |
TURNOVER |
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Cost of sales |
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GROSS PROFIT |
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Administrative expenses |
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OPERATING PROFIT |
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Interest payable and similar expenses |
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PROFIT BEFORE TAXATION |
4 |
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Tax on profit |
5 |
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PROFIT FOR THE FINANCIAL YEAR |
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STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Tangible assets |
6 |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
8 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
9 |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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Director |
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NOTES TO THE FINANCIAL STATEMENTS |
Fixtures & Fittings |
- |
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Equipment |
- |
25% straight line |
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2018 |
2017 |
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£ |
£ |
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Depreciation of tangible assets |
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-------- |
----- |
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2018 |
2017 |
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£ |
£ |
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UK current tax expense |
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Tax on profit |
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Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 March 2017 |
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1,000 |
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Additions |
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– |
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At 28 February 2018 |
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1,000 |
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Depreciation |
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At 1 March 2017 |
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500 |
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Charge for the year |
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250 |
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At 28 February 2018 |
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750 |
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Carrying amount |
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At 28 February 2018 |
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250 |
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At 28 February 2017 |
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500 |
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2018 |
2017 |
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£ |
£ |
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Other debtors |
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2018 |
2017 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Other creditors |
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2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
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