Accounts to 31 May 2016
- Period
- 23 May 2015 to 31 May 2016
Balance sheet
| 31 May 2016 | |
|---|---|
| Fixed assets | £543 |
| Current assets | £15,548 |
| Creditors: due within one year | £17,572 |
| Net current assets/liabilities | -£1,980 |
| Creditors: due after one year | £50,033 |
| Total assets less current liabilities | -£1,437 |
| Net assets/liabilities | -£51,470 |
| Called up share capital | £99 |
| Profit and loss account reserve | -£51,569 |
| Shareholders' funds | -£51,470 |
Profit and loss
| 31 May 2016 | |
|---|---|
| Turnover | £25,486 |
| Raw materials and consumables | £13,508 |
| Staff costs | £4,000 |
| Depreciation and amounts written off | £61 |
| Other operating charges | £59,486 |
| Profit/loss for the period | -£51,569 |