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Financial Statements
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Contents
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Page
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Director's report
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1
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Statement of comprehensive income
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2
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Statement of financial position
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3
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Statement of changes in equity
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5
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Notes to the financial statements
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6
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Director's Report
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Director
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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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---------
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---------
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Operating profit
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Loss on financial assets at fair value through profit or loss
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(
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–
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Other interest receivable and similar income
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–
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---------
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Profit before taxation
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6
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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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Investments
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7
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Debtors
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8
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Investments
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9
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–
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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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10
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Net current assets
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Total assets less current liabilities
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Net assets
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Called up share capital
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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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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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At 1 January 2018
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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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At 31 December 2018
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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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Dividends paid and payable
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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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At 31 December 2019
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--------
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Notes to the Financial Statements
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2019
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2018
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£
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£
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Remuneration
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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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Fair value adjustments to financial assets measured at fair value through profit or loss
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(
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–
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--------
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----
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Shares in participating interests
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Loans to participating interests
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Other investments other than loans
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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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Cost
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At 1 January 2019
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–
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–
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Additions
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–
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Other movements
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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 December 2019
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--------
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Impairment
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At 1 January 2019 and 31 December 2019
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–
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–
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–
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–
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--------
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Carrying amount
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At 31 December 2019
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--------
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At 31 December 2018
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–
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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 debtors
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Called up share capital not paid
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–
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Prepayments and accrued income
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Director's loan account
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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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£
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£
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Other investments
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–
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423,573
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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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–
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Accruals and deferred income
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Corporation tax
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Social security and other taxes
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Director loan accounts
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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 director
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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 director
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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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-------
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-------
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