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Financial Statements |
Contents |
Page |
Strategic report |
1 |
Directors' report |
2 |
Statement of income and retained earnings |
3 |
Statement of financial position |
4 |
Statement of cash flows |
5 |
Notes to the financial statements |
6 |
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Strategic Report |
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Director |
Director |
Company Secretary |
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Registered office: |
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United Kingdom |
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Directors' Report |
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(Appointed
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Director |
Director |
Company Secretary |
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Registered office: |
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United Kingdom |
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Statement of Income and Retained Earnings |
2021 |
2020 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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-------- |
-------- |
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Gross profit |
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Distribution costs |
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Administrative expenses |
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Other operating income |
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– |
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-------- |
-------- |
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Operating profit |
5 |
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Interest payable and similar expenses |
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– |
-------- |
-------- |
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Profit before taxation |
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Tax on profit |
8 |
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-------- |
-------- |
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Profit for the financial year and total comprehensive income |
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-------- |
-------- |
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Retained losses at the start of the year |
(
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(
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-------- |
-------- |
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Retained (losses)/earnings at the end of the year |
(
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3,586
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-------- |
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Tangible assets |
9 |
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Debtors |
10 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: Amounts falling due within one year |
11 |
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-------- |
-------- |
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Net current (liabilities)/assets |
(
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-------- |
-------- |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
12 |
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-------- |
-------- |
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Net (liabilities)/assets |
(
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-------- |
-------- |
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Called up share capital |
14 |
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Profit and loss account |
(
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3,586
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-------- |
------- |
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Shareholders (deficit)/funds |
(
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-------- |
------- |
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Director |
Director |
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Statement of Cash Flows |
2021 |
2020 |
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£ |
£ |
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Profit for the financial year |
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Adjustments for: |
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Interest payable and similar expenses |
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– |
Tax on profit |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
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(
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Trade and other creditors |
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-------- |
-------- |
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Cash generated from operations |
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(
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Interest paid |
(
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– |
Tax paid |
(
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(
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-------- |
-------- |
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Net cash from/(used in) operating activities |
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(
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-------- |
-------- |
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Proceeds from borrowings |
(
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Payments of finance lease liabilities |
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Dividends paid |
– |
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-------- |
-------- |
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Net cash (used in)/from financing activities |
(
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-------- |
-------- |
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
1,000 |
– |
-------- |
-------- |
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Cash and cash equivalents at end of year |
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-------- |
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Notes to the Financial Statements |
2021 |
2020 |
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£ |
£ |
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Depreciation of tangible assets |
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------- |
---- |
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2021 |
2020 |
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No. |
No. |
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Production staff |
– |
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---- |
---- |
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2021 |
2020 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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– |
-------- |
-------- |
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-------- |
-------- |
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2021 |
2020 |
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£ |
£ |
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2021 |
2020 |
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£ |
£ |
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UK current tax expense |
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-------- |
---- |
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Tax on profit |
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-------- |
---- |
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Plant and machinery |
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£ |
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Cost |
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At 1 September 2020 and 31 August 2021 |
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-------- |
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Depreciation |
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At 1 September 2020 and 31 August 2021 |
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-------- |
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Carrying amount |
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At 31 August 2021 |
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-------- |
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At 31 August 2020 |
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-------- |
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2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Other debtors |
– |
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-------- |
-------- |
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-------- |
-------- |
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2021 |
2020 |
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£ |
£ |
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Trade creditors |
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– |
Accruals and deferred income |
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Social security and other taxes |
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Other creditors |
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– |
-------- |
------- |
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-------- |
------- |
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2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
(
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Obligations under finance leases and hire purchase contracts |
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-------- |
-------- |
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-------- |
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2021 |
2020 |
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No. |
£ |
No. |
£ |
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At 1 Sep 2020 |
Cash flows |
At 31 Aug 2021 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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4,989 |
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Debt due after one year |
(63,794) |
43,682 |
(20,112) |
-------- |
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(
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(
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-------- |
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