Statement of Consent to Prepare Abridged Financial Statements
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Abridged 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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Report to the board of directors on the preparation of the unaudited statutory abridged financial statements
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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 to 9
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Detailed income statement
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11
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Notes to the detailed income statement
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12
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Directors' Report
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Director
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Director
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Registered office:
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Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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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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Turnover
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Cost of sales
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Gross profit
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Administrative expenses
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Other operating income
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Operating profit
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Other interest receivable and similar income
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Profit before taxation
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5
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Tax on profit
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Profit for the financial year and total comprehensive income
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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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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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Tangible assets
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7
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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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Net assets
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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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Director
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Notes to the Abridged Financial Statements
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Goodwill
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-
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Motor vehicles
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-
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Equipment
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-
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2016
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2015
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£
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£
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Amortisation of intangible assets
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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 and 31 December 2016
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Amortisation
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At 1 January 2016 and 31 December 2016
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Carrying amount
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At 31 December 2016
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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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Disposals
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(
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At 31 December 2016
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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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Disposals
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(
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At 31 December 2016
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Carrying amount
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At 31 December 2016
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676,433
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At 31 December 2015
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446,245
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£
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At 1 January 2016
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Additions
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At 31 December 2016
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2016
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2015
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£
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£
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Not later than 1 year
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Later than 1 year and not later than 5 years
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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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Amounts repaid
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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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(
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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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Amounts repaid
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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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(
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(
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(
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(
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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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Professional fees
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237,260
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245,978
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Planning fees & drawings
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–
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791
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Printing costs
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1,166
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8,254
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Wages and salaries
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39,230
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36,012
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277,656
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291,035
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Gross profit
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Rent
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27,455
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25,592
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Rates and water
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11,656
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11,521
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Light and heat
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1,346
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1,501
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Insurance
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2,289
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2,161
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Repairs and maintenance
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1,950
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1,675
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Use of home as office
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260
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260
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Wages and salaries
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30,072
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29,797
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Motor expenses
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7,704
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10,431
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Travel and subsistence
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17,116
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13,650
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Telephone
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4,633
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4,402
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Stationery and postage
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2,733
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4,421
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Staff training
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1,154
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632
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Sundry expenses
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799
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990
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Subscriptions
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1,983
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2,012
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Office relocation costs
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507
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651
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Property letting expenses
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6,900
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6,443
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Entertaining
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10,674
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7,036
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Operating lease payments - equipment
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1,293
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1,486
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Bank charges
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560
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397
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Accountancy fees
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2,310
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1,990
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Directors salaries
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16,120
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16,051
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Directors benefits
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2,229
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2,064
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Directors national insurance contributions
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967
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895
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Directors pension contributions
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50,000
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150,000
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Amortisation of intangible assets
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–
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1,250
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Depreciation of tangible assets
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6,494
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2,377
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(Gain)/loss on disposal of tangible assets
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(647)
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162
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208,557
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299,847
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Other operating income
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27,587
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17,787
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Operating profit
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Other interest receivable and similar income
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1,203
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1,238
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Profit before taxation
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536,054
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372,513
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Notes to the Detailed Income Statement
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2016
|
2015
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£
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£
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Operating lease rental income (non-contingent)
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27,587
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17,787
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Interest on cash and cash equivalents
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1,203
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1,238
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