for the Period Ended 31 August 2019
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2019
Principal activities of the company
Political and charitable donations
Additional information
Covid-19 has meant a significant reduction in trading of the company post 31 August 2019. In addition, the Directors have reviewed the recoverability of the loan with Deepdene Schools Ltd and concluded that an impairment to the balance of £85,501 is required.The School has therefore extended the level of support available to the company through an inter company loan and has confirmed that they shall provide such sufficient financial support to enable the company to trade and to discharge its debts and liabilities for at least 12 months from the date of signing the accounts. After that date, they shall provide written notice of not less than 3 months if they intend to discontinue such support.Having regard to the above and after reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Directors
The director shown below has held office during the whole of the period from
1 September 2018 to 31 August 2019
The director shown below has held office during the period of
1 September 2018 to 16 August 2019
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
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
2019 | 2018 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
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 2019
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 August 2019
2019 | 2018 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 August 2019
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 September 2018 | | | ||||
Additions | ||||||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2019 | | | ||||
Depreciation | ||||||
At 1 September 2018 | | | ||||
Charge for year | | | ||||
On disposals | ( | ( | ||||
Other adjustments | ||||||
At 31 August 2019 | | | ||||
Net book value | ||||||
At 31 August 2019 | | | ||||
At 31 August 2018 | | |
for the Period Ended 31 August 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 31 August 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 August 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |