Accounts to 31 May 2012
- Period
- 1 Jun 2011 to 31 May 2012
Balance sheet
| 31 May 2012 | 31 May 2011 | |
|---|---|---|
| Fixed assets | £25,000 | - |
| Current assets | £3,794 | £1,620 |
| Debtors | £3,782 | £1,611 |
| Cash at bank and in hand | £12 | £9 |
| Creditors: due within one year | £10,014 | £9,858 |
| Net current assets/liabilities | -£6,220 | -£8,238 |
| Total assets less current liabilities | £18,780 | -£8,238 |
| Net assets/liabilities | £18,780 | -£8,238 |
| Called up share capital | £25,000 | £1 |
| Profit and loss account reserve | -£6,220 | -£8,239 |
| Shareholders' funds | £18,780 | -£8,238 |
Profit and loss
| 31 May 2012 | 31 May 2011 | |
|---|---|---|
| Turnover | £10,662 | £360 |
| Cost of sales | £6,941 | £3,668 |
| Gross profit/loss | £3,721 | -£3,308 |
| Administrative expenses | £1,702 | £1,053 |
| Operating profit/loss | £2,019 | -£4,361 |
| Profit/loss before tax | £2,019 | -£4,368 |
| Profit/loss for the period | £2,019 | -£4,368 |