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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4
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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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Directors' Report
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(Appointed
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(Served from 26 November 2015 to 1 September 2016)
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Director
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Registered office:
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UK
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Statement of Income and Retained Earnings
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Period from
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26 Nov 15 to
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31 Dec 16
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Note
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£
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Gross loss
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(
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Distribution costs
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Administrative expenses
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---------
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Operating loss
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(
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Other interest receivable and similar income
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---------
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Loss before taxation
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5
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(
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Tax on loss
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–
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Loss for the financial period and total comprehensive income
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(
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---------
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Retained earnings at the start of the period
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–
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Retained losses at the end of the period
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(
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---------
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Abridged Statement of Financial Position
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31 Dec 16
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Note
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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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Cash at bank and in hand
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--------
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Creditors: amounts falling due within one year
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---------
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Net current liabilities
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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 liabilities
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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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---------
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Members deficit
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(
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---------
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Director
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Notes to the Abridged Financial Statements
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Motor Vehicles
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-
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Period from
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26 Nov 15 to
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31 Dec 16
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£
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Depreciation of tangible assets
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-------
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£
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Cost
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Additions
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--------
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At 31 December 2016
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--------
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Depreciation
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Charge for the period
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--------
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At 31 December 2016
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--------
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Carrying amount
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At 31 December 2016
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13,404
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Profit and loss account
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£
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Loss for the year
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361,109
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---------
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2016 | ||
£ | ||
Amounts due to related party at the balance sheet date | 317,370 | |
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Management Information
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Detailed Abridged Income Statement
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Period from
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26 Nov 15 to
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31 Dec 16
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£
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Purchases
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193,871
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Track testing
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16,655
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Subcontractor
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47,168
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---------
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257,694
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Other operating income
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3
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Gross loss
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Distribution costs
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23,792
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Administrative expenses
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79,627
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---------
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103,419
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Operating loss
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618,804
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Other interest receivable and similar income
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1
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---------
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Loss before taxation
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618,803
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Notes to the Detailed Abridged Income Statement
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Period from
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26 Nov 15 to
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31 Dec 16
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£
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Other operating income
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3
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----
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Freight and carriage
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565
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Advertising
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23,227
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--------
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23,792
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--------
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Wages and salaries
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42,558
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Employers national insurance contributions
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679
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Rent
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979
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Rates and water
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1,358
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Light and heat
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786
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Insurance
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3,866
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Motor expenses
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4,293
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Telephone
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383
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Office expenses
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510
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Printing postage and stationery
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186
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Other staff related expenses
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7,615
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General expenses (allowable)
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600
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Legal and professional fees (allowable)
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11,999
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Accountancy fees
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4,185
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Depreciation of tangible assets
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3,326
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Bank charges
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993
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Foreign currency gains/losses
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(4,689)
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79,627
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Interest on cash and cash equivalents
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1
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