Accounts to 31 May 2018
- Period
- 1 Jun 2017 to 31 May 2018
Balance sheet
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Fixed assets | £56,161 | £62,829 |
| Current assets | £215 | £296 |
| Debtors | £100 | £100 |
| Cash at bank and in hand | £115 | £196 |
| Creditors: due within one year | £22,932 | £93,037 |
| Net current assets/liabilities | -£22,717 | -£92,741 |
| Total assets less current liabilities | £33,444 | -£29,912 |
| Net assets/liabilities | -£34,556 | -£29,912 |
| Called up share capital | £4,100 | £100 |
| Profit and loss account reserve | -£38,656 | -£30,012 |
| Shareholders' funds | £4,100 | £100 |
Profit and loss
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Turnover | £110,088 | £48,388 |
| Cost of sales | £30,766 | £19,242 |
| Gross profit/loss | £79,322 | £29,146 |
| Administrative expenses | £112,996 | £61,114 |
| Operating profit/loss | -£8,644 | -£16,378 |
| Profit/loss before tax | -£8,644 | -£16,378 |
| Tax on profit/loss | - | £0 |
| Profit/loss for the period | -£8,644 | -£16,378 |