Accounts to 31 May 2018
- Period
- 1 Jun 2017 to 31 May 2018
- Average employees
- 2
Balance sheet
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Fixed assets | £37,505 | £57,793 |
| Current assets | £6,906 | £4,857 |
| Debtors | - | £745 |
| Cash at bank and in hand | £6,906 | £4,112 |
| Net current assets/liabilities | £1,701 | £903 |
| Total assets less current liabilities | £39,206 | £58,696 |
| Net assets/liabilities | £33,211 | £48,974 |
| Shareholders' funds | £2 | £2 |
Profit and loss
| 31 May 2018 | 31 May 2017 | |
|---|---|---|
| Turnover | - | £54,738 |
| Cost of sales | - | £12,226 |
| Gross profit/loss | - | £42,512 |
| Administrative expenses | - | £24,322 |
| Operating profit/loss | - | £18,190 |
| Profit/loss before tax | - | £18,215 |
| Tax on profit/loss | - | £3,324 |
| Profit/loss for the period | -£15,763 | £14,891 |