Accounts to 31 May 2016
- Period
- 1 Jun 2015 to 31 May 2016
Balance sheet
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Fixed assets | £7,817 | £8,162 |
| Current assets | £6,773 | £3,250 |
| Debtors | £919 | £600 |
| Cash at bank and in hand | £854 | £2,200 |
| Creditors: due within one year | £951 | £4,481 |
| Net current assets/liabilities | £5,822 | -£1,231 |
| Net assets/liabilities | £13,639 | £6,931 |
| Profit and loss account reserve | £13,639 | £6,931 |
| Shareholders' funds | £13,639 | £6,931 |
Profit and loss
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Turnover | £72,857 | £59,811 |
| Cost of sales | £698 | £684 |
| Gross profit/loss | £72,159 | £59,127 |
| Administrative expenses | £65,451 | £50,154 |
| Operating profit/loss | £6,708 | £8,973 |
| Profit/loss before tax | £6,708 | £8,973 |
| Tax on profit/loss | - | £2,042 |
| Profit/loss for the period | £6,708 | £6,931 |