Statement of Consent to Prepare Abridged Financial Statements
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Abridged Financial Statements
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Contents
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Page
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Strategic report
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1
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Directors' report
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2
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Statement of income and retained earnings
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3
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Abridged statement of financial position
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4
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Notes to the abridged financial statements
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5
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Accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements
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9
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Detailed abridged income statement
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10
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Notes to the detailed abridged income statement
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11
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Strategic Report
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Director
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Company Secretary
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Registered office:
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Directors' Report
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Director
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Company Secretary
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Registered office:
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Statement of Income and Retained Earnings
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2016
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2015
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Note
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£
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£
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Gross profit
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Distribution costs
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Administrative expenses
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---------
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Operating profit
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Other interest receivable and similar income
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---------
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Profit before taxation
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5
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Tax on profit
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---------
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Profit for the financial year and total comprehensive income
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---------
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---------
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Dividends paid and payable
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(
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(
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Retained earnings at the start of the year
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---------
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Retained earnings at the end of the year
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Abridged Statement of Financial Position
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2016
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2015
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Note
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£
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£
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£
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Tangible assets
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6
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Debtors
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Cash at bank and in hand
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Creditors: amounts falling due within one year
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Net current assets
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Total assets less current liabilities
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Called up share capital
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Profit and loss account
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Members funds
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Director
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Notes to the Abridged Financial Statements
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Equipment
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-
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15% reducing balance
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2016
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2015
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£
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£
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Depreciation of tangible assets
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----
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----
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£
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Cost
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At 1 January 2016
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Additions
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-------
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At 31 December 2016
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-------
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Depreciation
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At 1 January 2016
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Charge for the year
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-------
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At 31 December 2016
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-------
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Carrying amount
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At 31 December 2016
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1,089
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-------
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At 31 December 2015
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715
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-------
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2016
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Balance brought forward
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Advances/ (credits) to the directors
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Balance outstanding
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£
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£
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£
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(
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(
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(
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-------
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--------
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--------
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2015
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Balance brought forward
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Advances/ (credits) to the directors
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Balance outstanding
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£
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£
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£
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(
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(
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--------
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--------
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-------
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Management Information
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Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Detailed Abridged 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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Subcontractor costs
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2,028,058
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2,188,936
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------------
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Gross profit
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Distribution costs
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25,000
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24,000
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Administrative expenses
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99,364
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136,029
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124,364
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160,029
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Operating profit
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Other interest receivable and similar income
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3,511
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3,558
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Profit before taxation
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149,302
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150,297
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Notes to the Detailed Abridged Income Statement
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2016
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2015
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£
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£
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Directors salaries
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25,000
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24,000
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--------
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--------
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Directors pension contributions
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86,250
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123,500
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Wages and salaries
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8,160
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8,132
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Insurance
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483
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202
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Telephone
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811
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624
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Printing postage and stationery
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81
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33
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Sundry expenses
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653
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702
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Accountancy fees
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2,640
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2,615
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Depreciation of tangible assets
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193
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126
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Bank charges
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93
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95
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--------
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99,364
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136,029
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Interest on bank deposits
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3,511
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3,558
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-------
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