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Financial Statements
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Contents
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Page
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Chartered accountants report to the director on the preparation of the unaudited statutory financial statements
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1
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Statement of financial position
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2
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Statement of changes in equity
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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 Director on the Preparation of the Unaudited Statutory Financial Statements of
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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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Intangible assets
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6
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Tangible assets
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7
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---------
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---------
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Stocks
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8
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Debtors
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9
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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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10
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Net current liabilities
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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11
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---------
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Net assets
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---------
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Called up share capital
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Share premium account
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Profit and loss account
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(
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(
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Members funds
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Statement of Financial Position (continued)
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Director
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Statement of Changes in Equity
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Called up share capital
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Share premium account
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Profit and loss account
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Total
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£
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£
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£
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£
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At 1 April 2015
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(
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Loss for the year
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(
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(
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-------
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---------
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Total comprehensive income for the year
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–
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–
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(
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(
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Issue of shares
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–
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Cancellation of subscribed capital
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(
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–
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–
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(
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-------
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Total investments by and distributions to owners
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(
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–
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At 31 March 2016
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(
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Profit for the year
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-------
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Total comprehensive income for the year
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–
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–
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Issue of shares
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–
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----
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----
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Total investments by and distributions to owners
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–
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-------
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At 31 March 2017
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(
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-------
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Notes to the Financial Statements
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Research & Development
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-
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Licences
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-
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Equipment
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-
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25
% straight line
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2017
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2016
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£
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£
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Amortisation of intangible assets
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Depreciation of tangible assets
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--------
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--------
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Research & Development
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Licences
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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 April 2016
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Additions
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--------
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At 31 March 2017
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--------
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Amortisation
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At 1 April 2016
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Charge for the year
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---------
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--------
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At 31 March 2017
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---------
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--------
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Carrying amount
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At 31 March 2017
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---------
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--------
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At 31 March 2016
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Equipment
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£
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Cost
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At 1 Apr 2016 and 31 Mar 2017
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Depreciation
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At 1 April 2016
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Charge for the year
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---------
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At 31 March 2017
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Carrying amount
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At 31 March 2017
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---------
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At 31 March 2016
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Plant and machinery
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£
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At 31 March 2017
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--------
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At 31 March 2016
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2017
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2016
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£
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£
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Work in progress
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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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–
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Other debtors
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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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Bank loans and overdrafts
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Trade creditors
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Amounts owed to group undertakings and undertakings in which the company has a participating interest
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–
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Social security and other taxes
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Other creditors
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119,150
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116,891
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Other creditors
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---------
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---------
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---------
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2017
|
2016
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£
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£
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Bank loans and overdrafts
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–
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Other creditors
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--------
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--------
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--------
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