|
|
|
|
Statement of Financial Position
|
2018
|
2017
|
||
Note
|
£
|
£
|
£
|
Tangible assets
|
5
|
|
|
|
Stocks
|
6
|
|
|
|
Debtors
|
7
|
|
|
|
Cash at bank and in hand
|
|
|
||
------------
|
------------
|
|||
|
|
|||
Creditors: amounts falling due within one year
|
8
|
|
|
|
------------
|
------------
|
|||
Net current assets
|
|
|
||
------------
|
------------
|
|||
Total assets less current liabilities
|
|
|
||
Taxation including deferred tax
|
|
|
|
------------
|
------------
|
||
Net assets
|
|
|
|
------------
|
------------
|
||
Called up share capital
|
|
|
|
Profit and loss account
|
|
|
|
------------
|
------------
|
||
Shareholders funds
|
|
|
|
------------
|
------------
|
||
|
Statement of Financial Position (continued)
|
|
Director
|
|
Notes to the Financial Statements
|
Short leasehold property
|
-
|
over the lease term
|
|
Fixtures & Fttings
|
-
|
|
|
Equipment
|
-
|
25% reducing balance
|
|
2018
|
2017
|
|
£
|
£
|
|
UK current tax expense
|
|
|
Origination and reversal of timing differences
|
|
–
|
---------
|
---------
|
|
Tax on profit
|
|
|
---------
|
---------
|
|
Land and buildings
|
Fixtures and fittings
|
Equipment
|
Total
|
|
£
|
£
|
£
|
£
|
|
Cost
|
||||
At 1 August 2017
|
|
|
30,706
|
|
Additions
|
–
|
–
|
1,811
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 July 2018
|
|
|
32,517
|
|
--------
|
--------
|
--------
|
---------
|
|
Depreciation
|
||||
At 1 August 2017
|
|
|
29,170
|
|
Charge for the year
|
|
|
836
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 July 2018
|
|
|
30,006
|
|
--------
|
--------
|
--------
|
---------
|
|
Carrying amount
|
||||
At 31 July 2018
|
|
|
2,511
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 July 2017
|
|
|
1,536
|
|
--------
|
--------
|
--------
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Stock of art works.
|
|
|
------------
|
------------
|
|
2018
|
2017
|
|
£
|
£
|
|
Trade debtors
|
|
|
Other debtors
|
|
|
------------
|
---------
|
|
|
|
|
------------
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Trade creditors
|
|
|
Corporation tax
|
|
|
Social security and other taxes
|
|
|
Other creditors
|
|
|
------------
|
------------
|
|
|
|
|
------------
|
------------
|
|