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FOR THE YEAR ENDED
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FINANCIAL STATEMENTS
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CONTENTS
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PAGE
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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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Income statement
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3
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Statement of financial position
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4
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Notes to the financial statements
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5
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements
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10
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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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OFFICERS AND PROFESSIONAL ADVISERS
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The board of directors
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Company secretary
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Registered office
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Accountants
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Chartered Accountants
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Fulford Lodge
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1 Heslington Lane
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Fulford
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York
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YO10 4HW
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Bankers
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67 York Road
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Acomb
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York
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YO24 4LN
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DIRECTORS' REPORT
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Company Secretary
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Registered office:
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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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TURNOVER
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Cost of sales
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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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--------
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OPERATING PROFIT
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Other interest receivable and similar income
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--------
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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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--------
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PROFIT FOR THE FINANCIAL YEAR
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--------
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--------
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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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£
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Tangible assets
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6
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Debtors
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7
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Cash at bank and in hand
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----------
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----------
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CREDITORS: Amounts falling due within one year
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8
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----------
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NET CURRENT ASSETS
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----------
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TOTAL ASSETS LESS CURRENT LIABILITIES
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----------
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----------
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NET ASSETS
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----------
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----------
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Called up share capital
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Profit and loss account
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----------
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SHAREHOLDERS FUNDS
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----------
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----------
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Director
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NOTES TO THE FINANCIAL STATEMENTS
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Property Improvements
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-
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Fixtures & Fittings
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-
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2017
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2016
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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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Property improvements
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Fixtures and fittings
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Total
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£
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£
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£
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Cost
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At 1 February 2016
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Additions
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--------
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-------
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--------
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At 31 January 2017
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--------
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-------
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--------
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Depreciation
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At 1 February 2016
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Charge for the year
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--------
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-------
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--------
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At 31 January 2017
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--------
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-------
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--------
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Carrying amount
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At 31 January 2017
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--------
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-------
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--------
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At 31 January 2016
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--------
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-------
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--------
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2017
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2016
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£
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£
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Trade debtors
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Other debtors
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----------
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----------
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----------
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----------
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2017
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2016
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£
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£
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Trade creditors
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Corporation tax
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Social security and other taxes
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Other creditors
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--------
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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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(
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----------
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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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(
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----------
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--------
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MANAGEMENT INFORMATION
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CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
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DETAILED 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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Agency fees
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–
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5,324
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Legal fees
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8,253
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(65)
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Consultancy fees
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558
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190
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-------
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-------
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8,811
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5,449
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--------
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--------
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GROSS PROFIT
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Administrative expenses
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48,414
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51,984
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--------
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--------
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OPERATING PROFIT
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Other interest receivable and similar income
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9,255
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9,508
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--------
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--------
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PROFIT BEFORE TAXATION
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--------
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--------
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NOTES TO THE DETAILED 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 salaries
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18,620
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16,072
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Use of home
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520
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520
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Light and heat
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113
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902
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Insurance
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4,460
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4,222
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Repairs and maintenance
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1,090
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942
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Travel and subsistence
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4,104
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6,947
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Vehicle leasing charges
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6,457
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9,795
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Telephone
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542
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1,954
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Printing, stationery, postage and computer costs
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7,321
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6,309
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Sundry expenses
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21
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22
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Subscriptions
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489
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(231)
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Advertising
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1,035
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1,377
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Entertaining
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114
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761
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Legal and professional fees
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–
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90
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Accountancy fees
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1,058
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1,133
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Depreciation
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2,000
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994
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Bad debts written off
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–
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20
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Bank charges
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470
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155
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--------
|
--------
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48,414
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51,984
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|
--------
|
--------
|
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Directors loan interest receivable
|
9,255
|
9,508
|
-------
|
-------
|
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