Accounts to 31 May 2018
- Period
- 1 Jun 2017 to 31 May 2018
Balance sheet
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Current assets | £1,967 | £2,700 |
| Debtors | £1,312 | £632 |
| Cash at bank and in hand | £655 | £2,068 |
| Creditors: due within one year | £602 | £2,533 |
| Net assets/liabilities | £1,365 | £167 |
| Called up share capital | £100 | £100 |
| Profit and loss account reserve | £1,265 | £67 |
| Shareholders' funds | £1,365 | £167 |
Profit and loss
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Turnover | £54,350 | £47,889 |
| Cost of sales | £2,188 | - |
| Gross profit/loss | £52,162 | - |
| Administrative expenses | £29,695 | £29,288 |
| Operating profit/loss | £22,467 | £18,601 |
| Profit/loss before tax | £22,467 | £18,601 |
| Tax on profit/loss | £4,269 | £3,534 |
| Profit/loss for the period | £18,198 | £15,067 |