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Financial Statements
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Contents
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Page
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Strategic report
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1
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Director's report
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2
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Statement of income and retained earnings
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3
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Statement of financial position
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4
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Statement of cash flows
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5
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Notes to the financial statements
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6
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Strategic Report
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Director
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Company Secretary
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Registered office:
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United Kingdom
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Director's Report
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Director
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Company Secretary
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Registered office:
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United Kingdom
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Statement of Income and Retained Earnings
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2020
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2019
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Note
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£
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£
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Turnover
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4
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--------
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--------
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Gross profit
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Distribution costs
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–
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Administrative expenses
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--------
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--------
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Operating profit
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Interest payable and similar expenses
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--------
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Profit before taxation
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Tax on profit
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6
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–
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--------
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--------
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Profit for the financial year and total comprehensive income
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--------
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Retained earnings at the start of the year
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–
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--------
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Retained earnings at the end of the year
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11,309
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--------
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Statement of Financial Position
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2020
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2019
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Note
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£
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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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7
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(
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(
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Net current assets
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--------
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--------
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Total assets less current liabilities
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Net assets
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--------
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Profit and loss account
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11,309
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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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2020
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2019
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£
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£
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Profit for the financial year
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Adjustments for:
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Interest payable and similar expenses
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Tax on profit
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–
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Accrued expenses
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–
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Changes in:
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Trade and other creditors
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(
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--------
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--------
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Cash generated from operations
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Interest paid
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(
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(
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Tax paid
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(
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–
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--------
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-------
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Net cash from operating activities
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--------
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-------
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Dividends paid
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(
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--------
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-------
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Net cash (used in)/from financing activities
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(
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--------
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-------
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Net (decrease)/increase in cash and cash equivalents
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(
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Cash and cash equivalents at beginning of year
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231
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64
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--------
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Cash and cash equivalents at end of year
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(
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Notes to the Financial Statements
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2020
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2019
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No.
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No.
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2020
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2019
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£
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£
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Wages and salaries
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Social security costs
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--------
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--------
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2020
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2019
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£
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£
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UK current tax expense
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–
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-------
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----
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Tax on profit
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–
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-------
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----
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2020
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2019
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£
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£
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Trade creditors
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Accruals and deferred income
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–
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Social security and other taxes
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Dividends payable
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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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--------
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(
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(
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--------
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At 1 Mar 2019
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Cash flows
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At 29 Feb 2020
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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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(111)
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