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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Directors' report
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1
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Statement of income and retained earnings
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2
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Abridged statement of financial position
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3
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Notes to the abridged 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 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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Directors' Report
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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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2018
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2017
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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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--------
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Operating profit
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Interest payable and similar expenses
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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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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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--------
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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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2018
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2017
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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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Creditors: amounts falling due within one year
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Net current liabilities
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----
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----
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Total assets less current liabilities
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----
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Net assets
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----
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Abridged Statement of Financial Position (continued)
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2018
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2017
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Note
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£
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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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Members funds
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----
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Director
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Director
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Notes to the Abridged Financial Statements
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Office Equipment
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-
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2018
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2017
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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 1st July 2017
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Additions
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----
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At 30th June 2018
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----
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Depreciation
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At 1st July 2017
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Charge for the year
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----
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At 30th June 2018
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----
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Carrying amount
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At 30th June 2018
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485
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----
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At 30th June 2017
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240
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2018
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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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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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Management Information
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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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Detailed Abridged Income Statement
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2018
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2017
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£
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£
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Turnover
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--------
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Gross profit
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Administrative expenses
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9,864
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53,193
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--------
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Operating profit
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Interest payable and similar expenses
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36
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69
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--------
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Profit before taxation
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75,597
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23,751
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--------
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Notes to the Detailed Abridged Income Statement
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2018
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2017
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£
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£
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Directors salaries
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8,325
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9,345
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Administrative staff salaries
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5,715
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3,600
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Travel and subsistence
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6,658
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5,193
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Telephone
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577
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1,230
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Subscriptions
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365
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451
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Computer expenses
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376
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121
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Printing postage and stationery
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107
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3
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Sundry expenses
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–
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30
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Use of home as office
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520
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520
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Advertising
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–
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240
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Entertaining
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679
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1,082
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Legal and professional fees
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75
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–
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Accountancy fees
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931
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485
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Depreciation of tangible assets
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242
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120
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Bad debts written off
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(19,301)
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30,773
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Provision for doubtful debts
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4,595
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–
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9,864
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53,193
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Other interest payable and similar charges
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36
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69
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