Accounts to 31 May 2012
- Period
- 1 Jun 2011 to 31 May 2012
Balance sheet
| 31 May 2012 | 31 May 2011 | |
|---|---|---|
| Fixed assets | £225,724 | £226,313 |
| Current assets | £42,594 | £38,222 |
| Debtors | £420 | £362 |
| Cash at bank and in hand | £29,022 | £24,677 |
| Creditors: due within one year | £88,061 | £88,113 |
| Net current assets/liabilities | -£45,467 | -£49,891 |
| Creditors: due after one year | £81,979 | £86,816 |
| Total assets less current liabilities | £180,257 | £176,422 |
| Net assets/liabilities | £98,278 | £89,606 |
| Called up share capital | £4 | £4 |
| Profit and loss account reserve | £98,274 | £89,602 |
| Shareholders' funds | £98,278 | £89,606 |
Profit and loss
| 31 May 2012 | 31 May 2011 | |
|---|---|---|
| Turnover | £426,693 | £412,416 |
| Cost of sales | £152,515 | £144,871 |
| Gross profit/loss | £274,178 | £267,545 |
| Administrative expenses | £110,974 | £125,926 |
| Operating profit/loss | £163,204 | £141,619 |
| Profit/loss before tax | £160,688 | £139,422 |
| Tax on profit/loss | £32,016 | £29,059 |
| Profit/loss for the period | £128,672 | £110,363 |