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Financial Statements
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Contents
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Page
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Director's report
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1
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Income statement
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2
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Statement of financial position
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3
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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
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11
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Detailed income statement
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12
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Notes to the detailed income statement
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13
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Director's Report
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Director
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Registered office:
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United Kingdom
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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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Distribution costs
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Administrative expenses
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--------
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--------
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Operating profit/(loss)
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(
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Other interest receivable and similar income
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Interest payable and similar expenses
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–
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--------
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--------
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Profit/(loss) before taxation
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4
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(
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Tax on profit/(loss)
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5
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--------
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-------
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Profit/(loss) for the financial year
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(
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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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Tangible assets
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7
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Debtors
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8
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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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9
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--------
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--------
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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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Creditors: amounts falling due after more than one year
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10
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–
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Taxation including deferred tax
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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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--------
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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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--------
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--------
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Members deficit
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(
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(
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--------
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--------
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Statement of Financial Position (continued)
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Director
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Notes to the Financial Statements
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Plant & Machinery
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-
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Motor Vehicles
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-
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Computer Equipment
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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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2017
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2016
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£
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£
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Origination and reversal of timing differences
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-------
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-------
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Tax on profit/(loss)
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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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Equity dividends on ordinary shares
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–
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----
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--------
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Plant and machinery
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Motor vehicles
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Equipment
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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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Cost
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At 1 April 2016
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Additions
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–
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-------
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--------
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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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----
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--------
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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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--------
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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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----
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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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----
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--------
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At 31 March 2016
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-------
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--------
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----
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--------
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Motor vehicles
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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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–
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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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Other debtors
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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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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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2016
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£
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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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Management Information
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Chartered Accountants Report to the Director 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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Purchases
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(22,702)
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(20,491)
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Subcontractor costs
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(33,199)
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(26,458)
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--------
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--------
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(55,901)
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(46,949)
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--------
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--------
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Gross profit
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Distribution costs
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(4,780)
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(3,530)
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Administrative expenses
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(29,665)
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(32,719)
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--------
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--------
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(34,445)
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(36,249)
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--------
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--------
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Operating profit/(loss)
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(
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Other interest receivable and similar income
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1
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3
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Interest payable and similar expenses
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(1,086)
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–
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--------
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-------
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Profit/(loss) before taxation
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(
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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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Commissions paid
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(4,780)
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(3,530)
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-------
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-------
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Wages and salaries
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(5,200)
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(4,800)
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Room hire
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(1,059)
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(595)
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Insurance
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(745)
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(854)
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Repairs and maintenance
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(1,946)
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(775)
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Motor expenses
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(6,498)
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(15,000)
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Travel and subsistence
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(147)
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(152)
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Hire of equipment
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–
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(816)
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Office expenses
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(208)
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(69)
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Advertising
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(3,831)
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(4,713)
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Printing, postage and stationery
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(199)
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(345)
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Sundry expenses
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(293)
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(137)
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IT expenses
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–
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(210)
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Work wear
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(83)
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(477)
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Legal and professional fees
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–
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(205)
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Accountancy fees
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(3,213)
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(1,877)
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Depreciation of tangible assets
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(6,107)
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(1,644)
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Bank charges
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(136)
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(50)
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--------
|
--------
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(29,665)
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(32,719)
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--------
|
--------
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Interest on cash and cash equivalents
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1
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–
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Corporation tax interest
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–
|
3
|
----
|
----
|
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1
|
3
|
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----
|
----
|
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Interest on hire purchase and finance lease contracts
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(
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–
|
-------
|
----
|
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