|
|
|
|
Statement of Financial Position
|
2018
|
2017
|
||
Note
|
£
|
£
|
£
|
Tangible assets
|
7
|
|
|
|
Investments
|
8
|
|
|
|
--------
|
--------
|
|||
|
|
|||
Stocks
|
|
|
||
Debtors
|
9
|
|
|
|
Cash at bank and in hand
|
|
|
||
-----------
|
-----------
|
|||
|
|
|||
Creditors: amounts falling due within one year
|
10
|
|
|
|
-----------
|
-----------
|
|||
Net current assets
|
|
|
||
-----------
|
-----------
|
|||
Total assets less current liabilities
|
|
|
||
Taxation including deferred tax
|
|
|
|
-----------
|
-----------
|
||
Net assets
|
|
|
|
-----------
|
-----------
|
||
|
Statement of Financial Position (continued)
|
2018
|
2017
|
||
Note
|
£
|
£
|
£
|
Called up share capital
|
|
|
|
Revaluation reserve
|
|
|
|
Profit and loss account
|
|
|
|
-----------
|
-----------
|
||
Shareholders funds
|
|
|
|
-----------
|
-----------
|
||
|
|
Director
|
Director
|
|
Notes to the Financial Statements
|
Goodwill
|
-
|
Nil
|
|
Freehold property
|
-
|
|
|
Leasehold property
|
-
|
Period of lease
|
|
Fixtures and equipments
|
-
|
|
|
Motor vehicle
|
-
|
|
|
2018
|
2017
|
|
£
|
£
|
|
UK current tax expense
|
|
|
Origination and reversal of timing differences
|
|
|
-------
|
-------
|
|
Tax on profit
|
|
|
-------
|
-------
|
|
2018
|
2017
|
|
£
|
£
|
|
Profit on ordinary activities before taxation
|
|
|
-------
|
--------
|
|
Profit on ordinary activities by rate of tax
|
|
|
Effect of expenses not deductible for tax purposes
|
–
|
(
|
Effect of capital allowances and depreciation
|
(
|
|
Utilisation of tax losses
|
|
–
|
Unused tax losses
|
|
|
-------
|
--------
|
|
Tax on profit
|
|
|
-------
|
--------
|
|
Goodwill
|
|
£
|
|
Cost
|
|
At 1 April 2017 and 31 March 2018
|
|
--------
|
|
Amortisation
|
|
At 1 April 2017 and 31 March 2018
|
|
--------
|
|
Carrying amount
|
|
At 31 March 2018
|
–
|
--------
|
|
At 31 March 2017
|
–
|
--------
|
|
Freehold property
|
Leasehold property
|
Fixtures and fittings
|
Motor vehicles
|
Investment property
|
Total
|
|
£
|
£
|
£
|
£
|
£
|
£
|
|
Cost or valuation
|
||||||
At 1 Apr 2017
|
|
|
|
|
370,000
|
|
Additions
|
–
|
–
|
|
|
–
|
|
Revaluations
|
(
|
–
|
–
|
–
|
–
|
(
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
At 31 Mar 2018
|
|
|
|
|
370,000
|
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
Depreciation
|
||||||
At 1 Apr 2017
|
|
|
|
|
–
|
|
Charge for the year
|
|
|
|
|
–
|
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
At 31 Mar 2018
|
|
|
|
|
–
|
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
Carrying amount
|
||||||
At 31 Mar 2018
|
|
|
|
|
370,000
|
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
At 31 Mar 2017
|
|
|
|
|
370,000
|
|
--------
|
------
|
--------
|
-------
|
--------
|
--------
|
|
Shares in group undertakings
|
Other investments other than loans
|
Total
|
|
£
|
£
|
£
|
|
Cost
|
|||
At 1 April 2017
|
|
|
|
Disposals
|
(
|
–
|
(
|
----
|
----
|
----
|
|
At 31 March 2018
|
–
|
|
|
----
|
----
|
----
|
|
Impairment
|
|||
At 1 April 2017 and 31 March 2018
|
–
|
–
|
–
|
----
|
----
|
----
|
|
Carrying amount
|
|||
At 31 March 2018
|
–
|
|
|
----
|
----
|
----
|
|
At 31 March 2017
|
|
|
|
----
|
----
|
----
|
|
2018
|
2017
|
|
£
|
£
|
|
Trade debtors
|
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest
|
–
|
|
Other debtors
|
|
|
--------
|
--------
|
|
|
|
|
--------
|
--------
|
|
2018
|
2017
|
|
£
|
£
|
|
Bank loans and overdrafts
|
|
|
Trade creditors
|
|
|
Corporation tax
|
|
|
Social security and other taxes
|
|
|
Other creditors
|
|
|
--------
|
--------
|
|
|
|
|
--------
|
--------
|
|
2018
|
|||||
Balance brought forward
|
Advances/ (credits) to the directors
|
Amounts repaid
|
Balance outstanding
|
||
£
|
£
|
£
|
£
|
||
|
(
|
(
|
|
(
|
|
|
(
|
(
|
|
(
|
|
----
|
-------
|
-------
|
----
|
||
(
|
(
|
|
(
|
||
----
|
-------
|
-------
|
----
|
||
2017
|
|||||
Balance brought forward
|
Advances/ (credits) to the directors
|
Amounts repaid
|
Balance outstanding
|
||
£
|
£
|
£
|
£
|
||
|
(
|
(
|
|
(296)
|
|
|
(
|
(
|
|
(
|
|
----
|
-------
|
-------
|
----
|
||
(
|
(
|
|
(496)
|
||
----
|
-------
|
-------
|
----
|
||