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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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Director's report
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2
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Director's responsibilities statement
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3
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Independent auditor's report to the members
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4 to 5
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Statement of income and retained earnings
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6
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Statement of financial position
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7
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Notes to the financial statements
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8 to 13
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Officers and Professional Advisers
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Director
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Company secretary
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Registered office
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Auditor
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Chartered Accountants & statutory auditor
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11 Park Place
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Leeds
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West Yorkshire
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LS1 2RX
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Bankers
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77 Albion Street
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Leeds
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LS1 5LD
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Solicitors
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The Business Centre
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758 Great Cambridge Road
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Enfield
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Middlesex
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EN1 3PN
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Director's Report
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Director
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Registered office:
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Director's Responsibilities Statement
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor)
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For and on behalf of
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Chartered Accountants & statutory auditor
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11 Park Place
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Leeds
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West Yorkshire
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LS1 2RX
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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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Gross profit
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Administrative expenses
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Operating loss
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(
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(
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Loss before taxation
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6
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(
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(
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Taxation on ordinary activities
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7
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(
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----------
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Loss for the financial year and total comprehensive income
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(
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(
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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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8
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Debtors
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9
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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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10
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Net current (liabilities)/assets
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(
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Total assets less current liabilities
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Taxation including deferred tax
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–
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(
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---------
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Net assets
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Called up share capital
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Profit and loss account
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Shareholders funds
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Director
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Notes to the Financial Statements
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Leasehold property improvements
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-
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Fixtures and fittings
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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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Fees payable for the audit of the financial statements
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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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Depreciation of tangible assets
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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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Origination and reversal of timing differences
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(
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-------
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Taxation on ordinary activities
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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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Loss on ordinary activities before taxation
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(
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(
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---------
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Loss on ordinary activities by rate of tax
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(
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(
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Effect of expenses not deductible for tax purposes
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–
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Effect of capital allowances and depreciation
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Group loss relief
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16,814
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21,294
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Deferred tax timing differences on un depreciated assets
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–
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(35,010)
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Tax on loss
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(
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Land and buildings
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Fixtures and fittings
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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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Cost
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At 1 May 2016
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Additions
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–
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–
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At 30 April 2017
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Depreciation
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At 1 May 2016
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Charge for the year
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At 30 April 2017
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Carrying amount
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At 30 April 2017
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–
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At 30 April 2016
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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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Amounts owed by group undertakings and undertakings in which the company has a participating interest
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–
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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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Social security and other taxes
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55,030
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55,212
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Other creditors
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Balance brought forward and outstanding
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2017
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2016
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£
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£
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2017 | 2016 | ||
£ | £ | ||
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Brought forward | 7,950 | 7,950 | |
Introduced | 120,000 | – | |
Carried forward | 127,950 | 7,950 | |