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Company Information | 1 |
Director's Report | 2 |
Profit and Loss Account | 3 |
Balance Sheet | 4—5 |
Notes to the Financial Statements | 6—9 |
Director |
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Company Number |
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Registered Office | Old Poplar Library |
45 Gillender Street | |
London | |
E14 6RN | |
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Director
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2024 | 2023 | |||
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Notes | £ | £ | ||
TURNOVER | 3 |
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Cost of sales |
( |
( |
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GROSS PROFIT |
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Administrative expenses |
( |
( |
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Other operating income |
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OPERATING LOSS | 4 |
( |
( |
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Other interest receivable and similar income |
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Interest payable and similar charges |
( |
( |
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LOSS BEFORE TAXATION |
( |
( |
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Tax on Loss | 8 |
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( |
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LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR |
( |
( |
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2024 | 2023 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 9 |
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CURRENT ASSETS | |||||
Debtors | 10 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 11 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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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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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 13 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (226,646) | (144,723) | |||
Director
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Fixtures & Fittings |
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Computer Equipment |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Engineering | 308,522 | 295,965 | |
Managed Services | 1,294,428 | 1,089,177 | |
Reselling | 260,486 | 439,769 | |
1,863,436 | 1,824,911 | ||
2024 | 2023 | ||
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£ | £ | ||
Bad debts | - | 139 | |
Depreciation of tangible fixed assets |
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2024 | 2023 | ||
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£ | £ | ||
Wages and salaries |
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Social security costs |
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Other pension costs |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Emoluments |
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Company contributions to money purchase pension schemes |
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2024 | 2023 | ||
---|---|---|---|
Money purchase pension schemes |
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The tax charge on the loss for the year was as follows:
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2024 | 2023 | ||
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£ | £ | ||
Current tax | |||
UK Corporation Tax |
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Total tax charge for the period |
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The actual charge for the year can be reconciled to the expected credit for the year based on the loss and the standard rate of corporation tax as follows:
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2024 | 2023 | ||
£ | £ | ||
Profit before tax | (81,923) | (80,732) | |
Tax on profit at 25% (UK standard rate) |
( |
( |
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Goodwill/depreciation not allowed for tax |
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Expenses not deductible for tax purposes |
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Capital allowances |
( |
( |
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Tax losses for which no deferred tax was recognised |
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Total tax charge for the period | - | (51) | |
Fixtures & Fittings | Computer Equipment | Total | |
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£ | £ | £ | |
Cost | |||
As at 1 April 2023 |
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Additions |
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Disposals |
( |
( |
( |
As at 31 March 2024 |
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Depreciation | |||
As at 1 April 2023 |
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Provided during the period |
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Disposals |
( |
( |
( |
As at 31 March 2024 |
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Net Book Value | |||
As at 31 March 2024 |
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As at 1 April 2023 |
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2024 | 2023 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Other debtors | 44,089 | 36,218 | |
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2024 | 2023 | ||
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£ | £ | ||
Trade creditors |
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Bank loans and overdrafts |
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Other creditors | 335,010 | 107,730 | |
Taxation and social security |
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2024 | 2023 | ||
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£ | £ | ||
Bank loans |
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Other creditors | 96,594 | 98,140 | |
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As at 1 April 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2024 | |
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£ | £ | £ | £ | £ | |
Mr David Schluter |
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- |
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