for the Period Ended 31 May 2023
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 | |
Balance sheet notes - 11 |
for the Period Ended 31 May 2023
Director: |
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Secretary: |
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Registered office: |
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Company Registration Number: |
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The directors present their report with the financial statements of the company for the period ended 31 May 2023
Principal Activities
Additional information
Business review This year is the tenth trading and financial year of the company. Potential negative trends impacting accountancy industry growth include challenges to operate; global economy picture remains volatile, poor economic conditions, clients’ business closures, redundancies, clients demanding more competitive rates on fees and economic factors such as Brexit, the longevity of the downturn.
Directors
The directors shown below have held office during the whole of the period from 01 June 2022 to 31 May 2023
Secretary
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 May 2023
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2022 £ |
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Turnover |
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Cost of sales |
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Gross Profit or (Loss) |
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Administrative Expenses |
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Operating Profit or (Loss) |
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Profit or (Loss) Before Tax |
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Tax on Profit |
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Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
Notes |
2023 £ |
2022 £ |
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Fixed assets | |||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 May 2023
Notes |
2023 £ |
2022 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2023
Basis of measurement and preparation
Turnover policy
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.
Tangible fixed assets depreciation policy
Equipment - 20% straight line
Fixtures and fittings - 20% straight line
Other accounting policies
for the Period Ended 31 May 2023
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Average number of employees during the period |
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for the Period Ended 31 May 2023
for the Period Ended 31 May 2023
Fixtures & fittings | Office equipment | Total | |
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Cost | £ | £ | £ |
At 01 June 2022 |
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Additions |
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Disposals | - | - | - |
Revaluations | - | - | - |
Transfers | - | - | - |
At 31 May 2023 |
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Depreciation | |||
At 01 June 2022 |
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Charge for year |
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On disposals | - | - | - |
Other adjustments | - | - | - |
At 31 May 2023 |
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Net book value | |||
At 31 May 2023 |
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At 31 May 2022 |
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for the Period Ended 31 May 2023
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2022 £ |
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Trade debtors |
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Total |
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for the Period Ended 31 May 2023
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Trade creditors |
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Total |
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