Accounts to 31 May 2016
- Period
- 1 Jun 2015 to 31 May 2016
Balance sheet
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Fixed assets | £0 | - |
| Current assets | £18,117 | £6,236 |
| Debtors | £13,378 | - |
| Cash at bank and in hand | £4,739 | £6,236 |
| Creditors: due within one year | £17,525 | £5,747 |
| Net current assets/liabilities | £592 | £489 |
| Total assets less current liabilities | £592 | £489 |
| Net assets/liabilities | £592 | £489 |
| Called up share capital | £1 | £1 |
| Profit and loss account reserve | £591 | £488 |
| Shareholders' funds | £592 | £489 |
Profit and loss
| 31 May 2016 | 31 May 2015 | |
|---|---|---|
| Turnover | £71,382 | £55,280 |
| Cost of sales | £28,942 | £22,045 |
| Gross profit/loss | £42,440 | £33,235 |
| Administrative expenses | £24,812 | £27,000 |
| Operating profit/loss | £17,628 | £6,235 |
| Profit/loss before tax | £17,628 | £6,235 |
| Tax on profit/loss | £3,525 | - |
| Profit/loss for the period | £14,103 | £4,988 |