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YEAR ENDED
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FINANCIAL STATEMENTS
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Contents
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Page
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Profit and loss account
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1
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Balance sheet and the notes to the financial statements
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2
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Chartered accountants & business advisers report to the board of directors on the preparation of the unaudited statutory financial statements
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5
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Detailed profit and loss account
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6
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PROFIT AND LOSS ACCOUNT
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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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|
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Other income
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|
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--------
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--------
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32,218
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29,170
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Other charges
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(22,571)
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(146,525)
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Tax
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(
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(
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--------
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---------
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PROFIT/(LOSS)
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(
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--------
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---------
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BALANCE SHEET
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2017
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2016
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|||
£
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£
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£
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£
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Fixed assets
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---------
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---------
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Current assets
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Prepayments and accrued income
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---------
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---------
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186,197
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204,120
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Creditors: amounts falling due within one year
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---------
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---------
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NET CURRENT ASSETS
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---------
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---------
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TOTAL ASSETS LESS CURRENT LIABILITIES
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Creditors: amounts falling due after more than one year
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Accruals and deferred income
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-
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---------
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718,866
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710,512
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---------
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Capital and reserves
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---------
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---------
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Director
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MANAGEMENT INFORMATION
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CHARTERED ACCOUNTANTS & BUSINESS ADVISERS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
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DETAILED PROFIT AND LOSS ACCOUNT
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2017
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2016
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£
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£
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Rents receivable
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32,211
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29,146
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--------
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--------
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Interest on cash and cash equivalents
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7
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24
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----
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----
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Rates and water
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193
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215
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Light and heat
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1,346
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1,500
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Insurance
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478
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468
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Repairs and maintenance
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1,691
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2,395
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Service charges
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3,868
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3,263
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Condominium fees
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1,577
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2,569
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Office accommodation
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416
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555
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Travel and subsistence
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750
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5
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Telephone
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1,778
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1,463
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Printing postage and stationery
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55
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227
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Laundry and cleaning
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1,816
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1,468
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Permanent impairment of investments
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-
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125,000
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General expenses
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966
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1,395
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Bank charges
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110
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70
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Foreign currency gains/losses
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(29)
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(164)
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Management charges
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1,296
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1,296
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Management consultancy
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5,000
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3,600
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Accountancy fees
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1,260
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1,200
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--------
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22,571
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146,525
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--------
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-------
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9,647
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(117,355)
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-------
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