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Financial Statements |
Contents |
Page |
Members' report |
1 |
Statement of comprehensive income |
2 |
Statement of financial position |
3 |
Reconciliation of members' interests |
5 |
Notes to the financial statements |
7 |
Chartered accountant's report to the members on the preparation of the unaudited statutory financial statements |
12 |
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Members' Report |
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Designated Member |
Registered office: |
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UK |
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Statement of Comprehensive Income |
2024 |
2023 |
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Note |
£ |
£ |
Turnover |
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------------ |
------------ |
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Gross profit |
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Administrative expenses |
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------------ |
------------ |
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Operating profit |
5 |
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Other interest receivable and similar income |
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Interest payable and similar expenses |
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------------ |
------------ |
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Profit for the financial year before members' remuneration and profit shares available for discretionary division among members |
409,536 |
508,588 |
------------ |
------------ |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible assets |
6 |
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Debtors |
7 |
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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 |
8 |
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------------ |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
– |
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---- |
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Other amounts |
9 |
– |
172,183 |
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---- |
--------- |
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Other reserves |
– |
– |
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---- |
--------- |
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– |
172,183 |
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---- |
--------- |
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Amounts due from members |
(299,300) |
– |
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Loans and other debts due to members |
9 |
– |
172,183 |
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Members' other interests |
– |
– |
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--------- |
--------- |
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(299,300) |
172,183 |
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--------- |
--------- |
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Statement of Financial Position (continued) |
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Designated Member |
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Reconciliation of Members' Interests |
Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2024 |
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£ |
£ |
£ |
£ |
£ |
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Balance at 1 September 2023 |
– |
– |
172,183 |
172,183 |
172,183 |
Profit for the financial year available for discretionary division among members |
409,536 |
409,536 |
409,536 |
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--------- |
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--------- |
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Members' interests after profit for the year |
409,536 |
409,536 |
172,183 |
172,183 |
581,719 |
Other division of profits |
(409,536) |
(409,536) |
409,536 |
409,536 |
– |
Introduced by members |
– |
– |
– |
– |
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Drawings |
(881,019) |
(881,019) |
(881,019) |
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--------- |
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Balance at 31 August 2024 |
– |
– |
(299,300) |
(299,300) |
(299,300) |
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Reconciliation of Members' Interests (continued) |
Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2023 |
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£ |
£ |
£ |
£ |
£ |
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Amounts due to members |
11,630 |
11,630 |
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Amounts due from members |
(118,004) |
(118,004) |
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--------- |
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Balance at 1 September 2022 |
– |
– |
(106,374) |
(106,374) |
(106,374) |
Profit for the financial year available for discretionary division among members |
508,588 |
508,588 |
508,588 |
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Members' interests after profit for the year |
508,588 |
508,588 |
(106,374) |
(106,374) |
402,214 |
Other division of profits |
(508,588) |
(508,588) |
508,588 |
508,588 |
– |
Introduced by members |
– |
319,031 |
319,031 |
319,031 |
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Drawings |
(549,062) |
(549,062) |
(549,062) |
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Amounts due to members |
172,183 |
172,183 |
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Amounts due from members |
– |
– |
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--------- |
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Balance at 31 August 2023 |
– |
– |
172,183 |
172,183 |
172,183 |
--------- |
--------- |
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Notes to the Financial Statements |
1. |
General information |
2. |
Statement of compliance |
3. |
Accounting policies |
Fixtures, fittings and equipment |
- |
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Motor Vehicles |
- |
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4. |
Employee numbers |
5. |
Operating profit |
2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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-------- |
-------- |
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6. |
Tangible assets |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 September 2023 |
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Additions |
– |
– |
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------- |
-------- |
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At 31 August 2024 |
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------- |
-------- |
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Depreciation |
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At 1 September 2023 |
– |
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– |
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Charge for the year |
– |
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------- |
-------- |
--------- |
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At 31 August 2024 |
– |
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------- |
-------- |
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Carrying amount |
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At 31 August 2024 |
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------- |
-------- |
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At 31 August 2023 |
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------- |
-------- |
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7. |
Debtors |
2024 |
2023 |
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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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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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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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9. |
Loans and other debts due to members |
2024 |
2023 |
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£ |
£ |
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Amounts owed to members in respect of profits |
– |
172,183 |
---- |
--------- |
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Management Information |
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Chartered Accountant's Report to the Members on the Preparation of the Unaudited Statutory Financial Statements of
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