Statement of Consent to Prepare Abridged Financial Statements
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Abridged Financial Statements
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Contents
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Page
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Directors' report
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1
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Abridged statement of comprehensive income
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2
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Abridged 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 abridged financial statements
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6
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Detailed abridged income statement
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12
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Notes to the detailed abridged income statement
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13
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Directors' Report
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(Appointed
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(Appointed
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Director
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Director
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Registered office:
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Abridged Statement of Comprehensive Income
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Period from
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1 Aug 16 to
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31 Aug 17
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Note
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£
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Gross profit
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Administrative expenses
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---------
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Operating loss
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(
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Interest payable and similar expenses
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---------
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Loss before taxation
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5
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(
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Tax on loss
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–
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Loss for the financial period and total comprehensive income
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(
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---------
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Abridged Statement of Financial Position
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31 Aug 17
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Note
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£
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Intangible assets
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6
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Tangible assets
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7
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-------------
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Stocks
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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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-------------
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Net current liabilities
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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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------------
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Net liabilities
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(
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Called up share capital
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Profit and loss account
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(
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---------
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Members deficit
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(
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---------
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Abridged Statement of Financial Position (continued)
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Director
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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 August 2016
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–
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–
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–
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Loss for the period
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(
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(
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----
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---------
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Total comprehensive income for the period
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–
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(
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(
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Issue of shares
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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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At 31 August 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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Notes to the Abridged Financial Statements
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Goodwill
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-
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Plant and machinery
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-
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Fixtures and fittings
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-
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Motor vehicles
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-
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Period from
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1 Aug 16 to
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31 Aug 17
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£
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Amortisation of intangible assets
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Depreciation of tangible assets
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---------
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£
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Cost
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Additions
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At 31 August 2017
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Amortisation
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Charge for the Period
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At 31 August 2017
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Carrying amount
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At 31 August 2017
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£
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Cost
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Additions
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At 31 August 2017
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Depreciation
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Charge for the period
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At 31 August 2017
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Carrying amount
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At 31 August 2017
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9,003,278
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31 Aug 17
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Balance brought forward
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Amounts repaid
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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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----
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–
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(10,123,910)
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(10,123,910)
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Management Information
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Detailed Abridged Income Statement
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Period from
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1 Aug 16 to
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31 Aug 17
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£
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Sales
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318,851
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Purchases
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86,439
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Wages and salaries
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118,613
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---------
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205,052
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Closing stock
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7,980
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197,072
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Gross profit
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Administrative expenses
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514,723
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Operating loss
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(
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Interest payable and similar expenses
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27,518
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Loss before taxation
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(420,462)
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Notes to the Detailed Abridged Income Statement
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Period from
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1 Aug 16 to
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31 Aug 17
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£
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Rent rates and water
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26,472
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Light and heat
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45,032
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Insurance
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14,025
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Repairs and maintenance (allowable)
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66,229
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Motor expenses
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12,843
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Telephone
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2,030
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Printing postage and stationery
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1,161
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Advertising
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8,470
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Amortisation of intangible assets
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84,581
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Depreciation of tangible assets
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253,499
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Bank charges
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381
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514,723
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Interest on bank loans and overdrafts
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27,518
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--------
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