Accounts to 31 May 2017
- Period
- 1 Jun 2016 to 31 May 2017
Balance sheet
| 31 May 2017 | 31 May 2016 | |
|---|---|---|
| Fixed assets | £950 | £1,267 |
| Current assets | £8,239 | £4,860 |
| Cash at bank and in hand | - | £4,860 |
| Creditors: due within one year | - | £9,277 |
| Net current assets/liabilities | -£812 | -£4,417 |
| Total assets less current liabilities | £138 | -£3,150 |
| Called up share capital | - | £100 |
| Profit and loss account reserve | - | -£3,250 |
| Shareholders' funds | £138 | -£3,150 |
Profit and loss
| 31 May 2017 | 31 May 2016 | |
|---|---|---|
| Turnover | £46,239 | £23,434 |
| Cost of sales | - | £3,098 |
| Gross profit/loss | - | £20,336 |
| Administrative expenses | - | £25,002 |
| Raw materials and consumables | £3,514 | - |
| Staff costs | £18,000 | - |
| Depreciation and amounts written off | £317 | - |
| Other operating charges | £7,040 | - |
| Profit/loss before tax | - | -£4,666 |
| Tax on profit/loss | £2,380 | - |
| Profit/loss for the period | £14,988 | -£4,666 |