Accounts to 31 May 2017
- Period
- 1 Jun 2016 to 31 May 2017
Balance sheet
| 31 May 2017 | 31 May 2016 | |
|---|---|---|
| Fixed assets | £247,573 | £258,323 |
| Current assets | £23,955 | £33,428 |
| Debtors | £593 | £811 |
| Cash at bank and in hand | £22,109 | £30,219 |
| Creditors: due within one year | £65,178 | £85,099 |
| Net current assets/liabilities | -£41,223 | -£51,671 |
| Creditors: due after one year | - | £7,636 |
| Total assets less current liabilities | £206,350 | £206,652 |
| Net assets/liabilities | £206,350 | £199,016 |
| Called up share capital | £4 | £4 |
| Profit and loss account reserve | £206,346 | £199,012 |
| Shareholders' funds | £206,350 | £199,016 |
Profit and loss
| 31 May 2017 | 31 May 2016 | |
|---|---|---|
| Turnover | £456,806 | £480,132 |
| Cost of sales | £151,903 | £157,962 |
| Gross profit/loss | £304,903 | £322,170 |
| Administrative expenses | £123,764 | £116,398 |
| Operating profit/loss | £181,139 | £205,772 |
| Profit/loss before tax | £180,407 | £204,864 |
| Tax on profit/loss | £37,073 | £39,907 |
| Profit/loss for the period | £143,334 | £164,957 |