Accounts to 31 May 2011
- Period
- 1 Jun 2010 to 31 May 2011
Balance sheet
| 31 May 2011 | |
|---|---|
| Fixed assets | £226,313 |
| Current assets | £38,222 |
| Debtors | £362 |
| Cash at bank and in hand | £24,677 |
| Creditors: due within one year | £88,113 |
| Net current assets/liabilities | -£49,891 |
| Creditors: due after one year | £86,816 |
| Total assets less current liabilities | £176,422 |
| Net assets/liabilities | £89,606 |
| Called up share capital | £4 |
| Profit and loss account reserve | £89,602 |
| Shareholders' funds | £89,606 |
Profit and loss
| 31 May 2011 | |
|---|---|
| Turnover | £412,416 |
| Cost of sales | £144,871 |
| Gross profit/loss | £267,545 |
| Administrative expenses | £125,926 |
| Operating profit/loss | £141,619 |
| Profit/loss before tax | £139,422 |
| Tax on profit/loss | £29,059 |
| Profit/loss for the period | £110,363 |