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Financial Statements
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Contents
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Page
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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 comprehensive income
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3
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Statement of financial position
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4
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Statement of changes in equity
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6
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Notes to the financial statements
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7
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Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
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14
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Detailed income statement
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15
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Notes to the detailed income statement
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16
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Officers and Professional Advisers
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The board of directors
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Registered office
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Accountants
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Chartered accountant
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Suite A, Unit 16
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Cirencester Office Park
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Tetbury Road
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Cirencester
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Gloucestershire
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GL7 6JJ
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Directors' Report
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Director
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Registered office:
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Statement of Comprehensive Income
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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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Gross profit
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Administrative expenses
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Operating profit
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Amounts written back to investments
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–
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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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---------
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--------
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Profit for the financial year
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--------
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Revaluation of tangible assets
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(
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Total comprehensive income for 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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Debtors
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8
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Cash at bank and in hand
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–
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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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Taxation including deferred tax
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–
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Net assets
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Called up share capital
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Revaluation reserve
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Profit and loss account
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Members funds
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Statement of Financial Position (continued)
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Director
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Director
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Statement of Changes in Equity
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Called up share capital
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Revaluation reserve
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Profit and loss account
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Total
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Note
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£
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£
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£
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£
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At 1 July 2015
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–
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Profit for the year
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Other comprehensive income for the year:
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Revaluation of tangible assets
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7
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–
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–
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Total comprehensive income for the year
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–
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Dividends paid and payable
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–
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–
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(
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(
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-------
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Total investments by and distributions to owners
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–
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–
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(
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(
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At 30 June 2016
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Profit for the year
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Other comprehensive income for the year:
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Revaluation of tangible assets
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7
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–
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(
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–
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(
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-------
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Total comprehensive income for the year
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–
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(
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Dividends paid and payable
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–
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–
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(
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(
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Cancellation of subscribed capital
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(
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–
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(
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(
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----
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Total investments by and distributions to owners
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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 30 June 2017
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Notes to the Financial Statements
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Development costs
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-
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These are fully depreciated
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Fixtures & Fittings
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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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Depreciation of tangible assets
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-------
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-------
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Development costs
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£
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Cost
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At 1 Jul 2016 and 30 Jun 2017
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Amortisation
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At 1 Jul 2016 and 30 Jun 2017
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Carrying amount
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At 30 June 2017
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–
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Land and buildings
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Fixtures and fittings
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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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£
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Cost or valuation
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At 1 July 2016
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Additions
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–
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–
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Revaluations
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(
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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 30 June 2017
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Depreciation
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At 1 July 2016
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–
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Charge for the year
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–
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---------
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-------
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At 30 June 2017
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–
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Carrying amount
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At 30 June 2017
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---------
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-------
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--------
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At 30 June 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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---------
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2017
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2016
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£
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£
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Bank loans and overdrafts
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Trade creditors
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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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---------
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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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Bank loans and overdrafts
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---------
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2017
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Balance brought forward
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Advances/ (credits) to the directors
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Balance outstanding
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£
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£
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£
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----
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--------
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--------
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----
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--------
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2016
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Balance brought forward
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Advances/ (credits) to the directors
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Balance outstanding
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£
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£
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£
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(
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(
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----
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----
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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 Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
|
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Detailed Income Statement
|
2017
|
2016
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£
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£
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Turnover
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Consultants
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(1,062,802)
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(555,619)
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------------
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------------
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Gross profit
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Administrative expenses
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1,110,995
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965,113
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------------
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---------
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Operating profit
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Amounts written back to investments
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–
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(212,241)
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Interest payable and similar expenses
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(6,851)
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(7,838)
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---------
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---------
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Profit before taxation
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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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Directors salaries
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81,243
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49,476
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Directors national insurance contributions
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9,590
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8,978
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Directors pension contributions
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94,000
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51,120
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Wages and salaries
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578,137
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500,778
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Employers national insurance contributions
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58,036
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48,747
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Staff pension contributions - defined contribution
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32,094
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28,171
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Rent and service charge
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2,112
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1,799
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Rates and water
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19,370
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19,677
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Light and heat
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3,681
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2,865
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Insurance
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6,300
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6,551
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Repairs and maintenance
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8,413
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12,328
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Motor expenses
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7,829
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7,602
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Travel and subsistence
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29,798
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45,274
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Vehicle leasing expenses
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3,076
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12,027
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Telephone
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5,508
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6,130
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Computer costs
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18,993
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9,461
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Printing postage and stationery
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11,910
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12,844
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Staff training
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13,247
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17,076
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Sundry expenses
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3,980
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7,463
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Charitable donations
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14,029
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15,719
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Other office administration expenses
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10,829
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1,583
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Subscriptions
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20,695
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8,363
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Advertising and promotion
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31,677
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28,520
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Entertaining
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12,779
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2,461
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Legal and professional fees
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8,162
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7,690
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Accountancy fees
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10,637
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8,550
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Depreciation of tangible assets
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8,053
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8,134
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(Gain)/loss on disposal of tangible assets
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–
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1,485
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Bad debts written off
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–
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34,952
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Bank charges
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6,511
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5,357
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Foreign currency gains/losses
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306
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(6,068)
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------------
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1,110,995
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965,113
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------------
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Loan account written off
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–
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212,241
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----
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Interest on bank loans and overdrafts
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428
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206
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Loan interest
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-------
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-------
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6,851
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7,838
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-------
|
-------
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