Accounts to 31 May 2018
- Period
- 1 Jun 2017 to 31 May 2018
Balance sheet
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Fixed assets | £91,752 | £136,354 |
| Current assets | £48,138 | £84,705 |
| Debtors | £48,136 | - |
| Cash at bank and in hand | £2 | - |
| Creditors: due within one year | £45,352 | £84,007 |
| Net current assets/liabilities | £2,786 | £698 |
| Total assets less current liabilities | £94,538 | £137,052 |
| Net assets/liabilities | £29,577 | £58,851 |
| Called up share capital | £50,000 | - |
| Profit and loss account reserve | -£20,423 | - |
| Shareholders' funds | £50,000 | £58,851 |
Profit and loss
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Turnover | £285,020 | - |
| Cost of sales | £57,733 | - |
| Gross profit/loss | £227,287 | - |
| Administrative expenses | £200,628 | - |
| Operating profit/loss | £26,659 | - |
| Profit/loss before tax | £13,241 | - |
| Tax on profit/loss | £2,515 | - |
| Profit/loss for the period | £10,726 | - |