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Directors' Report
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Director
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Registered office:
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Statement of Income and Retained Earnings
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2021
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Note
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£
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Turnover
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4
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---------
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Gross profit
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Administrative expenses
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Operating profit
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5
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Profit before taxation
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Tax on profit
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6
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Profit for the financial year and total comprehensive income
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---------
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Statement of Financial Position
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2021
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Note
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£
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Investments
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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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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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Net assets
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Called up share capital
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10
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Profit and loss account
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--------
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Shareholders funds
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--------
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Director
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Statement of Cash Flows
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2021
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£
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Profit for the financial year
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Adjustments for:
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Tax on profit
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Accrued expenses
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Changes in:
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Trade and other creditors
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---------
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Cash generated from operations
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Tax paid
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(
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Net cash from operating activities
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---------
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Purchases of other investments
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(900,000)
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---------
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Net cash used in investing activities
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(
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Proceeds from borrowings
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Net cash from financing activities
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Net increase in cash and cash equivalents
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Cash and cash equivalents at beginning of year
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–
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Cash and cash equivalents at end of year
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Notes to the Financial Statements
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2021
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£
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Foreign exchange differences
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(
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-------
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2021
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£
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UK current tax expense
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--------
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Tax on profit
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--------
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2021
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£
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Other investments
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450,000
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Other investments - type 2
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450,000
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2021
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£
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Trade creditors
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Accruals and deferred income
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Social security and other taxes
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--------
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2021
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£
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Director loan accounts
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2021
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No.
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£
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At 1 Jan 2021
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Cash flows
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At 31 Dec 2021
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£
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£
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£
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Cash at bank and in hand
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–
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1,692,065
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Debt due after one year
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–
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(2,478,106)
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(2,478,106)
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Current asset investments
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–
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900,000
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–
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