Accounts to 31 May 2019
- Period
- 1 Jun 2018 to 31 May 2019
Balance sheet
| 31 May 2019 | 31 May 2018 | |
|---|---|---|
| Fixed assets | £207,807 | £164,855 |
| Current assets | £1,360,071 | £757,874 |
| Debtors | £626,149 | £226,104 |
| Cash at bank and in hand | £467,422 | £344,067 |
| Creditors: due within one year | £602,157 | £248,769 |
| Net current assets/liabilities | £776,365 | £567,475 |
| Total assets less current liabilities | £984,172 | £732,330 |
| Net assets/liabilities | £950,141 | £720,650 |
| Called up share capital | £40 | £40 |
| Profit and loss account reserve | £950,101 | £720,610 |
| Shareholders' funds | £950,141 | £720,650 |
Profit and loss
| 31 May 2019 | 31 May 2018 | |
|---|---|---|
| Gross profit/loss | £571,813 | £252,036 |
| Administrative expenses | £111,876 | £97,271 |
| Profit/loss before tax | £460,571 | £153,781 |
| Tax on profit/loss | £79,080 | £28,728 |
| Profit/loss for the period | £381,491 | £125,053 |