Accounts to 31 May 2016
- Period
- 1 Jun 2015 to 31 May 2016
Balance sheet
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Fixed assets | £400 | £1,100 |
| Current assets | £672,662 | £760,891 |
| Cash at bank and in hand | £201,656 | £1,181 |
| Creditors: due within one year | £105,679 | £25,181 |
| Net current assets/liabilities | £566,983 | £735,710 |
| Creditors: due after one year | £384,097 | £561,739 |
| Total assets less current liabilities | £567,383 | £736,810 |
| Net assets/liabilities | £183,286 | £175,071 |
| Called up share capital | £100 | £100 |
| Profit and loss account reserve | £183,186 | £174,971 |
| Shareholders' funds | £183,286 | £175,071 |
Profit and loss
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Turnover | £430,496 | £582,066 |
| Other operating income | £23,530 | £9,000 |
| Cost of sales | £392,634 | £443,937 |
| Gross profit/loss | £37,862 | £138,129 |
| Administrative expenses | £38,448 | £24,633 |
| Operating profit/loss | £22,944 | £122,496 |
| Profit/loss before tax | £22,944 | £122,100 |
| Tax on profit/loss | £4,729 | £24,231 |
| Profit/loss for the period | £18,215 | £97,869 |