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Financial Statements |
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Contents |
Page |
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Director's Report |
1 |
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Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements |
2 |
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Statement of Income and Retained Earnings |
3 |
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Statement of Financial Position |
4 |
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Notes to the Financial Statements |
6 |
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Director's Report |
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Director |
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Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Statement of Income and Retained Earnings |
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2024 |
2023 |
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Note |
£ |
£ |
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Turnover |
– |
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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/(Loss) |
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(
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-------- |
-------- |
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Profit/(Loss) Before Taxation |
4 |
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(
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Tax on profit/(loss) |
– |
– |
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-------- |
-------- |
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Profit/(Loss) for the Financial Year and Total Comprehensive Income |
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(
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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 at the End of the Year |
(
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(
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Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
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Tangible assets |
5 |
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Investments |
6 |
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Stocks |
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Debtors |
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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Net Current Liabilities |
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Total Assets Less Current Liabilities |
(
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(
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--------- |
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Net Liabilities |
(
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(
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--------- |
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Called up share capital |
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Profit and loss account |
(
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(
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--------- |
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Shareholders Deficit |
(
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(
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--------- |
--------- |
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Statement of Financial Position (continued) |
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Director |
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Notes to the Financial Statements |
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Equipment |
- |
20
% straight line |
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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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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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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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At 31 May 2023 |
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Shares in group undertakings |
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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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Impairment |
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At 1 June 2023 and 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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At 31 May 2023 |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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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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Corporation tax |
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Social security and other taxes |
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– |
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Other Loans |
1,406,776 |
1,406,625 |
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Other creditors |
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2024 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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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 |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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