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Year Ended
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Financial Statements
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Contents
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Page
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Members' Report
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1
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Statement of Financial Position
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2
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Reconciliation of Members' Interests
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4
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Notes to the Financial Statements
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6
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Members' Report
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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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£
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Tangible assets
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5
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Debtors
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6
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Cash at bank and in hand
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-------
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-------
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||||
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Creditors: Amounts Falling due Within One Year
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7
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-------
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-------
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Net Current 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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–
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|||
Other amounts
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–
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–
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----
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----
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Other reserves
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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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Amounts due from members
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(1,270)
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(708)
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Loans and other debts due to members
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–
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–
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Members' other interests
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–
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–
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-------
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----
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(1,270)
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(708)
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-------
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----
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Statement of Financial Position (continued)
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Reconciliation of Members' Interests
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Members' other interests
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Loans and other debts due to members less any amounts due from members in debtors
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Total members' interests
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Other reserves
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Total
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Other amounts
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Total
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Total 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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Balance at 1st March 2016
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–
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–
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(708)
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(708)
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(708)
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Profit for the financial year available for discretionary division among members
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17,136
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17,136
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17,136
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--------
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--------
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----
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----
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--------
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Members' interests after profit for the year
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17,136
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17,136
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(708)
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(708)
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16,428
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Other division of profits
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(17,136)
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(17,136)
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17,136
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17,136
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–
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Introduced by members
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–
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–
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–
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–
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Drawings
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(17,698)
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(17,698)
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(17,698)
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--------
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--------
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--------
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--------
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--------
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Balance at 28th February 2017
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–
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–
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(1,270)
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(1,270)
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(1,270)
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--------
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--------
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--------
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--------
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--------
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Reconciliation of Members' Interests (continued)
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Members' other interests
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Loans and other debts due to members less any amounts due from members in debtors
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Total members' interests
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Other reserves
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Total
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Other amounts
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Total
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Total 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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Balance at 5th February 2015
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–
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–
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–
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–
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–
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Profit for the financial year available for discretionary division among members
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(2,527)
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(2,527)
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(2,527)
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-------
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-------
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----
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----
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-------
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Members' interests after profit for the year
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(2,527)
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(2,527)
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–
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–
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(2,527)
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Other division of profits
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2,527
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2,527
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(2,527)
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(2,527)
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–
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Introduced by members
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–
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4,141
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4,141
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4,141
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Drawings
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(2,322)
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(2,322)
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(2,322)
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-------
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-------
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-------
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-------
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-------
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Balance at 29th February 2016
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–
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–
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(708)
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(708)
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(708)
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-------
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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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1.
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General Information
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2.
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Statement of Compliance
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3.
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Accounting Policies
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Equipment
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-
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4.
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Employee Numbers
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5.
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Tangible Assets
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Equipment
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Total
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£
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£
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Cost
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At 1 Mar 2016 and 28 Feb 2017
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----
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----
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Depreciation
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At 1st March 2016
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Charge for the year
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----
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----
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At 28th February 2017
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----
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----
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Carrying amount
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At 28th February 2017
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----
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----
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At 29th February 2016
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----
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----
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6.
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Debtors
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2017
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2016
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£
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£
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Other debtors
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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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–
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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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8.
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Transition to FRS 102
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