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Financial Statements
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Contents
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Page
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Director's report
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1
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Chartered accountants report to the director on the preparation of the unaudited statutory financial statements
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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
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Notes to the financial statements
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6
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Director's Report
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Director
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Statement of Income and Retained Earnings
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2018
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2017
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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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Other operating income
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---------
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---------
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Operating profit
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Income from other fixed asset investments
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–
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Other interest receivable and similar income
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Interest payable and similar expenses
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---------
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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 and total comprehensive income
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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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Retained earnings at the start of the year
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---------
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Retained earnings at the end of the year
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Statement of Financial Position
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2018
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2017
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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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Investments
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8
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Stocks
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Debtors
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9
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Cash at bank and in hand
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--------
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--------
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Creditors: amounts falling due within one year
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10
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--------
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--------
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Net current assets
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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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11
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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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Profit and loss account
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Shareholders funds
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Statement of Financial Position (continued)
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Director
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Notes to the Financial Statements
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Goodwill
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-
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equal instalments over period of the lease
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Freehold Property
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-
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Leasehold Property
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-
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equal instalments over period of the lease
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Office Equipment
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-
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Furniture & Fixtures
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-
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Motor Vehicles
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-
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2018
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2017
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£
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£
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Depreciation of tangible assets
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Fair value adjustments to other fixed asset investments
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(9,513)
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–
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-------
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-------
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Goodwill
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£
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Cost
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At 1 April 2017 and 31 March 2018
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Amortisation
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At 1 April 2017 and 31 March 2018
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Carrying amount
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At 31 March 2018
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–
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At 31 March 2017
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–
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Freehold Property
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Leasehold Property
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Office Equipment
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Furniture and Fixtures
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Motor Vehicles
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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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£
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Cost
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At 1 Apr 2017
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Additions
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–
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–
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–
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–
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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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(
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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 31 Mar 2018
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Depreciation
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At 1 Apr 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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(
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(
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---------
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--------
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At 31 Mar 2018
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---------
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Carrying amount
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At 31 Mar 2018
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---------
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--------
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-------
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At 31 Mar 2017
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Other investments other than loans
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£
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Cost
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At 1 April 2017
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Revaluations
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At 31 March 2018
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Impairment
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At 1 April 2017 and 31 March 2018
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–
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Carrying amount
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At 31 March 2018
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---------
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At 31 March 2017
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2018
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2017
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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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2018
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2017
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£
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£
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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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2018
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2017
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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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