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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Officers and professional advisers
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1
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Directors' report
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2
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements
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3
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Abridged income statement
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4
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Abridged statement of financial position
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5
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Notes to the abridged financial statements
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6 to 7
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Detailed abridged income statement
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9
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Notes to the detailed abridged income statement
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10
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Officers and Professional Advisers
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The board of directors
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Registered office
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Accountants
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Chartered Accountants
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19 Old Exeter Street
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Chudleigh
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Newton Abbot
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Devon
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TQ13 0LD
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Directors' Report
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Director
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Abridged Income Statement
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2017
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2016
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Note
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£
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£
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Gross Profit
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Administrative expenses
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--------
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Operating Profit
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Interest payable and similar expenses
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5
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–
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Profit Before Taxation
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Tax on profit
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Profit for the Financial Year
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Abridged Statement of Financial Position
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2017
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2016
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Note
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£
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£
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£
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Stocks
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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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Notes to the Abridged Financial Statements
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2017
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2016
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£
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£
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Interest on banks loans and overdrafts
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–
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----
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----
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2017
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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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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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Management Information
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Detailed Abridged Income Statement
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2017
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2016
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£
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£
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Turnover
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Opening stock
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6,100
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6,100
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Purchases
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34,406
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39,540
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Subcontractor costs
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250
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–
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40,756
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45,640
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Closing stock
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6,100
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6,100
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34,656
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39,540
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Gross Profit
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Administrative expenses
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19,967
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20,953
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Operating Profit
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Interest payable and similar expenses
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–
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(38)
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Profit Before Taxation
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20,930
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18,698
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Notes to the Detailed Abridged Income Statement
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2017
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2016
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£
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£
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Directors Wages and salaries
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15,912
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15,712
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Insurance
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922
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918
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Repairs and maintenance
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70
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110
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Printing postage and stationery
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439
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146
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Subscriptions
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388
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424
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Advertising
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1,142
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2,032
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Book keeping
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170
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310
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Other professional fees
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–
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195
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Accountancy fees
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793
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949
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Bank charges
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131
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157
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19,967
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20,953
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Bank loan interest
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–
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38
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