Statement of Consent to Prepare Abridged Financial Statements
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Abridged Financial Statements
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Contents
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Page
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Directors' report
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1
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements
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2
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Abridged statement of comprehensive income
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3
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Abridged statement of financial position
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4
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Notes to the abridged financial statements
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5
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Detailed abridged income statement
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9
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Notes to the detailed abridged income statement
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10
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Directors' Report
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Director
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Abridged 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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Gross Profit
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Administrative expenses
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--------
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--------
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Operating Profit
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--------
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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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Profit for the Financial Year and Total Comprehensive Income
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Abridged 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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6
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Debtors
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–
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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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-------
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Net Current Assets/(Liabilities)
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(
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----
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Total Assets Less Current Liabilities
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----
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Net Assets
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----
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Called up share capital
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Profit and loss account
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--------
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----
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Members Funds
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--------
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----
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Director
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Notes to the Abridged Financial Statements
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Depreciation of equipment
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-
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33% straight line
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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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Cost
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At 1 July 2016
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Additions
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At 30 June 2017
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-------
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Depreciation
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At 1 July 2016
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Charge for the year
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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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1,144
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-------
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At 30 June 2016
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879
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Management Information
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Detailed Abridged Income Statement
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2017
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2016
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£
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£
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Turnover
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--------
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Gross Profit
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Administrative expenses
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38,268
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32,961
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--------
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Operating Profit
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--------
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Profit Before Taxation
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54,025
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24,037
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Notes to the Detailed Abridged 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 remuneration
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19,044
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12,745
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Insurance
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572
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341
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Motor expenses
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5,748
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5,041
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Travel and subsistence
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10,207
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12,658
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Telephone
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180
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234
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Equipment repairs and renewals
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123
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139
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Printing postage and stationery
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63
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91
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Sundry expenses
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15
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13
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Use of home as office
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208
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208
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Accountancy fees
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1,201
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1,020
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Depreciation of tangible assets
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792
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439
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Bank charges
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115
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32
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38,268
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32,961
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