for the Period Ended 31 August 2024
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Footnotes to the Balance Sheet - 8 |
for the Period Ended 31 August 2024
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The directors present their report with the financial statements of the company for the period ended 31 August 2024
Principal Activities
Political and charitable donations
Company policy on the employment of disabled persons
Additional information
The Director of the Company during this period was David Relph. Trading conditions for my consulting work remain difficult. Turnover for the year was £11165 including the VAT charged on my services. This compares to £14160.64 in the previous reporting period. Turnover less VAT was £9304.16. In response to this difficult trading environment, I continued to diversify - this involved running a test event on land at Penhill to examine the feasibility and logistics of running camping or other events on that land. Main costs this year were associated with continued van conversion work (£5625.15), the running of a test event (£8461.48) and other equipment (£1436.41). With other costs of sales total costs this year were £16323.91. I also spent £2756 this year on an MSc in Green Building but this cost has not been included in overall cost of sales. I continue to apply 20% depreciation to the value of the van purchased in 2021 which is £2340 for this reporting period. This is year 3 of the van's depreciation and the asset is now worth £9360 as at 31 Aug 2024. With costs and depreciation the trading loss of Howplaceswork Ltd was £9359.74 against a trading profit last year of £7853.11. At the end of the period the company had assets of £13338.26 (£3978.26 cash in bank and £9360 van). The company had loan liabilities of £3383.84 related to a COVID bounce back loan (compared to £5987 at 31 August 2023) loan and a £4000 liability for directors loans, mainly associated with enabling the test event at Penhill.
Directors
The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
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 August 2024
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| Income from coronavirus (COVID-19) business support grants | 0 | 0 |
| Other Income |
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| Cost of Materials |
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| Profit or (Loss) for Period |
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As at
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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: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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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 August 2024
for the Period Ended 31 August 2024