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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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Directors' Report
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2
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Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements
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3
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Statement of Comprehensive Income
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4
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Statement of Financial Position
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5
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Statement of Changes in Equity
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7
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Notes to the Financial Statements
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8
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OFFICERS AND PROFESSIONAL ADVISERS
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The Board of Directors
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Registered Office
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Accountants
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Chartered Certified Accountants
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3 High Street
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St Lawrence
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Ramsgate
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Kent
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CT11 0QL
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Bankers
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3 Queen Street
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Ramsgate
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Kent
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CT11 9DL
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DIRECTORS' REPORT
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Director
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Registered office:
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CHARTERED CERTIFIED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
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STATEMENT OF COMPREHENSIVE INCOME
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2019
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2018
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Note
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£
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£
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TURNOVER
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Cost of sales
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GROSS PROFIT
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Administrative expenses
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OPERATING PROFIT
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Other interest receivable and similar income
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Interest payable and similar expenses
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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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STATEMENT OF FINANCIAL POSITION
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2019
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2018
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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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Stocks
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Debtors
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7
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Cash at bank and in hand
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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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Share premium account
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(
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–
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Capital redemption reserve
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Profit and loss account
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SHAREHOLDERS FUNDS
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STATEMENT OF FINANCIAL POSITION (continued)
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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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Share premium account
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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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£
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AT 1 SEPTEMBER 2017
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–
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Profit for the year
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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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–
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AT 31 AUGUST 2018
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–
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Profit for the year
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TOTAL COMPREHENSIVE INCOME FOR THE YEAR
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–
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–
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–
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Redemption of shares
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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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AT 31 AUGUST 2019
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(
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---------
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NOTES TO THE FINANCIAL STATEMENTS
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Plant & Machinery
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-
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Fixtures & Fittings
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-
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Motor Vehicles
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-
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Equipment
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-
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25
% reducing balance
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2019
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2018
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£
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£
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Depreciation of tangible assets
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Plant and machinery
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Fixtures and fittings
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Motor vehicles
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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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£
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£
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Cost
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At 1 September 2018
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47,231
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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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At 31 August 2019
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47,231
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Depreciation
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At 1 September 2018
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45,687
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Charge for the year
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386
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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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At 31 August 2019
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46,073
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Carrying amount
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At 31 August 2019
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1,158
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At 31 August 2018
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1,544
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2019
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2018
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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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2019
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2018
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£
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£
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Trade creditors
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Corporation tax
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–
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Social security and other taxes
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Invoice discounting
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(113,877)
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105,055
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Other creditors
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----------
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----------
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2019
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2018
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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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2019
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Balance brought forward
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Advances/ (credits) to the directors
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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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(
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-------
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2018
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Balance brought forward
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Advances/ (credits) to the directors
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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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–
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(
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-------
|
----
|
-------
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