Statement of Consent to Prepare Abridged Financial Statements |
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Abridged Financial Statements |
Contents |
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Officers and professional advisers |
1 |
Director's report |
2 |
Abridged statement of income and retained earnings |
3 |
Abridged statement of financial position |
4 |
Notes to the abridged financial statements |
5 |
Detailed abridged income statement |
10 |
Notes to the detailed abridged income statement |
11 |
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Officers and Professional Advisers |
Director |
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Company secretary |
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Registered office |
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Worcestershire |
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Accountants |
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Chartered accountant |
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2 The Hopkiln |
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Church Street |
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Harvington |
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Evesham |
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Worcestershire |
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WR11 8PB |
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Director's Report |
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Director |
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Registered office: |
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Worcestershire |
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Abridged Statement of Income and Retained Earnings |
2017 |
2016 |
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Note |
£ |
£ |
Gross profit |
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Administrative expenses |
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Operating profit |
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Interest payable and similar expenses |
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Profit before taxation |
5 |
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Tax on profit |
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Profit for the financial year and total comprehensive income |
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Dividends paid and payable |
– |
(
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Retained (losses)/earnings at the start of the year |
(
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Retained losses at the end of the year |
(
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(
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Tangible assets |
7 |
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Debtors |
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Creditors: amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
(
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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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Shareholder deficit |
(
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(
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Director |
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Notes to the Abridged Financial Statements |
Patents and Licences |
- |
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Fixtures and Fittings |
- |
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Computer Equipment |
- |
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2017 |
2016 |
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£ |
£ |
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Depreciation of tangible assets |
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£ |
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Cost |
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At 1 April 2016 and 31 March 2017 |
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Amortisation |
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At 1 April 2016 and 31 March 2017 |
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Carrying amount |
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At 31 March 2017 |
– |
------- |
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At 31 March 2016 |
– |
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£ |
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Cost |
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At 1 April 2016 |
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Additions |
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At 31 March 2017 |
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Depreciation |
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At 1 April 2016 |
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Charge for the year |
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At 31 March 2017 |
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Carrying amount |
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At 31 March 2017 |
72 |
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At 31 March 2016 |
111 |
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Management Information |
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Detailed Abridged Income Statement |
2017 |
2016 |
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£ |
£ |
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Turnover |
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Purchases |
– |
612 |
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Gross profit |
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Administrative expenses |
23,701 |
26,168 |
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Operating profit |
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Interest payable and similar expenses |
(781) |
(773) |
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Profit before taxation |
13,902 |
18,413 |
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Notes to the Detailed Abridged Income Statement |
2017 |
2016 |
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£ |
£ |
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Directors salaries |
8,605 |
8,340 |
Travel and subsistence |
2,944 |
6,513 |
Telephone |
924 |
1,259 |
Computer expenses |
5,416 |
4,817 |
Licenses & insurance |
1,050 |
906 |
Bookkeeping costs |
63 |
949 |
Subscriptions |
1,287 |
1,577 |
Printing postage and stationery |
442 |
589 |
Staff training |
114 |
– |
Marketing |
890 |
– |
Use of residence as office |
400 |
400 |
Legal and professional fees (allowable) |
852 |
– |
Depreciation of computer equipment |
147 |
111 |
Bank charges |
567 |
707 |
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23,701 |
26,168 |
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Bank loan interest |
781 |
773 |
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