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For the year ended
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Financial Statements
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Contents
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Pages
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Officers and professional advisers
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1
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Directors' report
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2
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Statement of income and retained earnings
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3
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Statement of financial position
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4 to 5
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Notes to the financial statements
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6 to 11
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements
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13
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Officers and Professional Advisers
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The board of directors
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Company secretary
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Registered office
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Accountants
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Chartered Accountants
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Tower House
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Lucy Tower Street
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Lincoln
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Lincolnshire
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LN1 1XW
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Bankers
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316 High Street
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Lincoln
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LN5 7DP
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Directors' Report
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Company Secretary
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Statement of Income and Retained Earnings
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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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Gross profit
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Distribution costs
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Administrative expenses
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Other operating income
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–
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Operating profit
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Interest payable and similar expenses
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Profit before taxation
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5
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Tax on profit
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Profit for the financial year and total comprehensive income
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Retained earnings at the start of the year
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Retained earnings at the end of the year
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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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Stocks
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Debtors
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8
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Cash at bank and in hand
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Creditors: amounts falling due within one year
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9
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Net current assets
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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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10
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–
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Taxation including deferred tax
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Net assets
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Called up share capital
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Capital redemption reserve
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Profit and loss account
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Shareholders funds
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Statement of Financial Position (continued)
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Chairman
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Secretary
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Notes to the Financial Statements
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Goodwill
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-
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Development costs
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-
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Motor vehicles
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-
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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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Amortisation of intangible assets
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–
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Depreciation of tangible assets
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-------
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Goodwill
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Development costs
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Total
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£
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£
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£
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Cost
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At 1 January 2017 and 31 December 2017
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Amortisation
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At 1 January 2017 and 31 December 2017
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Carrying amount
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At 31 December 2017
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–
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–
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–
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At 31 December 2016
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–
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–
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–
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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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Cost
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At 1 January 2017
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Disposals
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(
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–
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(
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---------
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At 31 December 2017
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Depreciation
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At 1 January 2017
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Charge for the year
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Disposals
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(
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–
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(
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---------
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At 31 December 2017
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Carrying amount
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At 31 December 2017
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---------
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At 31 December 2016
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Motor vehicles
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£
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At 31 December 2017
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–
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----
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At 31 December 2016
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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 debtors
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Other debtors
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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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Amounts owed to group undertakings and undertakings in which the company has a participating interest
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Corporation tax
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Social security and other taxes
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Other creditors
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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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2017
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2016
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£
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£
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Not later than 1 year
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–
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Later than 1 year and not later than 5 years
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–
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----
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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 Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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