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Financial Statements
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Contents
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Page
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Statement of financial position
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1
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Statement of changes in equity
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3
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Notes to the financial statements
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4
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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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9
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Stocks
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Debtors
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10
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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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11
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---------
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---------
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Net current (liabilities)/assets
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(
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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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12
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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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---------
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---------
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Statement of Financial Position (continued)
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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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Called up share capital
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15
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Capital redemption reserve
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–
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Profit and loss account
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---------
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---------
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Shareholders funds
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---------
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---------
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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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Capital redemption reserve
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Profit and loss account
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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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At 1 April 2015
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–
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Profit for the year
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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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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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----
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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 31 March 2016
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–
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Profit for the year
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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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7
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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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---------
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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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---------
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---------
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At 31 March 2017
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----
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----
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---------
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---------
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Notes to the Financial Statements
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Goodwill
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-
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Plant and machinery
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-
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Fixtures and fittings
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-
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Motor vehicles
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-
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Items held for hire
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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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Remuneration
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|
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Company contributions to defined contribution pension plans
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--------
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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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UK current tax expense
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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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--------
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Tax on profit
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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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Profit on ordinary activities before taxation
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---------
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--------
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Profit on ordinary activities by rate of tax
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Effect of expenses not deductible for tax purposes
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Effect of capital allowances and depreciation
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---------
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--------
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Tax on profit
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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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Dividends on equity shares
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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 2016 and 31 March 2017
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---------
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Amortisation
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At 1 April 2016 and 31 March 2017
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---------
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Carrying amount
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At 31 March 2017
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–
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---------
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At 31 March 2016
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–
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---------
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Land and buildings
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Plant and machinery
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Fixtures and fittings
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Motor vehicles
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Items held for hire
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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 2016
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Additions
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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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---------
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At 31 Mar 2017
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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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Depreciation
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At 1 Apr 2016
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–
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Charge for the year
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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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---------
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At 31 Mar 2017
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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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Carrying amount
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||||||
At 31 Mar 2017
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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 2016
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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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Motor vehicles
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Items held for hire
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Total
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£
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£
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£
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At 31 March 2017
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----
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--------
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--------
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At 31 March 2016
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–
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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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Trade debtors
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Other debtors
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---------
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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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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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Invoice Discounting
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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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---------
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2017
|
2016
|
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£
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£
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Bank loans and overdrafts
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Other creditors
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---------
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--------
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---------
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--------
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2017
|
2016
|
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£
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£
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Not later than 1 year
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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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2017
|
2016
|
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£
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£
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Included in provisions
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–
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-------
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----
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2017
|
2016
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£
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£
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Accelerated capital allowances
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–
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-------
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----
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2017
|
2016
|
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No.
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£
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No.
|
£
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1
|
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2
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----
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----
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----
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----
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No.
|
£
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At 1 April 2016
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2
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Shares cancelled
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(
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(1)
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----
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----
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At 31 March 2017
|
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1
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----
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----
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2017
|
|||||
Balance brought forward
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Advances/ (credits) to the director
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Amounts repaid
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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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|
–
|
||
----
|
--------
|
--------
|
----
|
||
2016
|
|||||
Balance brought forward
|
Advances/ (credits) to the director
|
Amounts repaid
|
Balance outstanding
|
||
£
|
£
|
£
|
£
|
||
|
(
|
(
|
|
(
|
|
|
(
|
(
|
|
–
|
|
-------
|
--------
|
--------
|
----
|
||
(
|
(
|
|
(
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||
-------
|
--------
|
--------
|
----
|
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