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Director's Report |
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Director |
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Registered office: |
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England |
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Income Statement |
2024 |
2023 |
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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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Administrative expenses |
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------- |
------- |
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Operating profit |
5 |
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------- |
------- |
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Profit before taxation |
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Tax on profit |
6 |
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---- |
---- |
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Profit for the financial year |
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---- |
---- |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible assets |
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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------- |
------- |
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Net current assets/(liabilities) |
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(
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---- |
---- |
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Total assets less current liabilities |
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(
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---- |
---- |
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Net assets/(liabilities) |
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(
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---- |
---- |
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Statement of Financial Position (continued) |
2024 |
2023 |
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Note |
£ |
£ |
Called up share capital |
9 |
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Profit and loss account |
10 |
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(
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---- |
---- |
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Shareholders funds/(deficit) |
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(
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---- |
---- |
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Director |
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Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Profit for the financial year |
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Adjustments for: |
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Depreciation of tangible assets |
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Tax on profit |
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Accrued income |
– |
(
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---- |
---- |
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Cash generated from operations |
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Tax (paid)/received |
(
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------- |
------- |
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Net cash (used in)/from operating activities |
(
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------- |
------- |
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Proceeds from borrowings |
(
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------- |
------- |
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Net cash (used in)/from financing activities |
(
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------- |
------- |
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Net (decrease)/increase in cash and cash equivalents |
(
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Cash and cash equivalents at beginning of year |
3,064 |
– |
------- |
------- |
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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 |
Equipment |
- |
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2024 |
2023 |
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£ |
£ |
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Sale of goods |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
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– |
---- |
---- |
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Total current tax |
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---- |
---- |
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---- |
---- |
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Tax on profit |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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---- |
---- |
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Profit on ordinary activities by rate of tax |
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Adjustment to tax charge in respect of prior periods |
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– |
Effect of expenses not deductible for tax purposes |
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– |
---- |
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Tax on profit |
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---- |
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Equipment |
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£ |
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Cost |
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At 1 June 2023 and 31 May 2024 |
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------- |
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Depreciation |
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At 1 June 2023 |
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Charge for the year |
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------- |
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At 31 May 2024 |
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------- |
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Carrying amount |
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At 31 May 2024 |
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------- |
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At 31 May 2023 |
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------- |
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2024 |
2023 |
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£ |
£ |
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Accruals and deferred income |
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Corporation tax |
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Director loan accounts |
– |
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---- |
------- |
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---- |
------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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At 1 Jun 2023 |
Cash flows |
At 31 May 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(1,977) |
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Debt due within one year |
(995) |
995 |
– |
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------- |
------- |
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(
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------- |
------- |
------- |
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Notes to the Financial Statements (continued) |
2024 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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– |
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---- |
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2023 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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– |
(
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