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FOR THE YEAR ENDED
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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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Statement of financial position
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2
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Notes to the financial statements
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4
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OFFICERS AND PROFESSIONAL ADVISERS
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The board of directors
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Company secretary
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Registered office
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England
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Accountants
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Chartered Accountants
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Lynton House
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7 - 12 Tavistock Square
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London
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WC1H 9BQ
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STATEMENT OF FINANCIAL POSITION
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2019
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2018
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(restated)
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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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Tangible assets
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5
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Investments
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6
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–
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Debtors
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7
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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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8
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(
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(
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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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9
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(
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–
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Provisions
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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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Share premium account
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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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STATEMENT OF FINANCIAL POSITION (continued)
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Director
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NOTES TO THE FINANCIAL STATEMENTS
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Long leasehold property
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-
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Over 30 months
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Equipment
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-
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25% straight line
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Long leasehold property
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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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Cost
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At 1 September 2018 (as restated)
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–
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15,441
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Additions
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48,593
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---------
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At 31 August 2019
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64,034
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Depreciation
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At 1 September 2018
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–
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1,122
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Charge for the year
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9,159
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---------
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At 31 August 2019
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10,281
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Carrying amount
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At 31 August 2019
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53,753
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At 31 August 2018
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–
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14,319
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Shares in group undertakings
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£
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Cost
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At 1 September 2018 as restated
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–
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Additions
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----
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At 31 August 2019
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----
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Impairment
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At 1 September 2018 as restated and 31 August 2019
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–
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Carrying amount
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At 31 August 2019
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----
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At 31 August 2018
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–
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2019
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2018
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(restated)
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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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2019
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2018
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(restated)
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£
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£
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Other debtors
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–
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2019
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2018
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(restated)
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£
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£
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Trade creditors
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Social security and other taxes
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Other creditors
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------------
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2019
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2018
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(restated)
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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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As previously reported | Restatement | As restated | ||
£ | £ | £ | ||
Administrative expenses | 616,572 | 207,398 | 823,970 | |
Loss after tax | (183,842) | (207,398) | (391,240) | |
Intangible fixed assets | 207,398 | (207,398) | – | |
Net assets/shareholders' funds | 1,082,684 | (207,398) | 875,286 | |