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REPORT AND FINANCIAL STATEMENTS
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Contents
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Pages
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Directors' report
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1
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Chartered accountant's report to the board of directors on the preparation of the unaudited statutory report and financial statements
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2
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Income statement
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3
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Statement of financial position and the notes to the report and financial statements
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4 to 5
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DIRECTORS' REPORT
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Director
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CHARTERED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY REPORT AND FINANCIAL STATEMENTS OF
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INCOME STATEMENT
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2016
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2015
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£
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£
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Turnover
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Other income
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----------
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----------
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41,454
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41,474
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Staff costs
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(
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(
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Depreciation and other amounts written off assets
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(
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(
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Other charges
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(12,456)
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(6,036)
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Tax
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(
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(
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Profit
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STATEMENT OF FINANCIAL POSITION
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2016
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2015
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£
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£
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£
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£
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Fixed assets
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Current assets
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Prepayments and accrued income
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-----------
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154,850
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134,986
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Creditors: amounts falling due within one year
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(
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(
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Net current assets/(liabilities)
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(
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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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(
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(
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Accruals and deferred income
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(
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(
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40,945
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28,247
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Capital and reserves
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Director
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Director
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MANAGEMENT INFORMATION
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DETAILED INCOME STATEMENT
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2016
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2015
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£
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£
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Turnover
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Management charges receivable
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15,000
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15,000
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Directors salaries
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(8,000)
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(3,000)
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--------
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--------
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Depreciation of tangible assets
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(4,571)
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(7,267)
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--------
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Other charges
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(12,456)
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(6,036)
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16,427
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25,171
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NOTES TO THE DETAILED INCOME STATEMENT
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2016
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2015
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£
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£
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Rent rates and water
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(821)
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(812)
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Light and heat
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(1,387)
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(1,617)
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Repairs and maintenance (allowable)
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(5,004)
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(228)
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Motor expenses
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(178)
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(233)
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Sundry expenses
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(13)
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(36)
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Bad debts written off
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(2,441)
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-
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Bank charges
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(20)
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-
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Accountancy fees
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(1,100)
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(1,170)
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Other interest payable and similar charges
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(1,492)
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(1,940)
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(12,456)
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(6,036)
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