Contents of the Financial Statements

for the Period Ended 30 June 2019

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 June 2019

The directors present their report with the financial statements of the company for the period ended 30 June 2019

Directors

The directors shown below have held office during the whole of the period from
1 July 2018 to 30 June 2019

Dr J Dyson
T Ravetz
P Blaxland de Lange
G Perry

The director shown below has held office during the period of
1 July 2018 to 24 November 2018

C Collison Briault

The director shown below has held office during the period of
24 November 2018 to 30 June 2019

K Orsak

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 October 2019

And signed on behalf of the board by:
Name: T Ravetz
Status: Director

Profit And Loss Account

for the Period Ended 30 June 2019

	2019	2018
	£	£
Turnover:	1,544,961	1,980,916
Cost of sales:	( 1,506,371 )	( 2,026,797 )
Gross profit(or loss):	38,590	(45,881)
Operating profit(or loss):	38,590	(45,881)
Profit(or loss) before tax:	38,590	(45,881)
Profit(or loss) for the financial year:	38,590	(45,881)

Balance sheet

As at 30 June 2019

	Notes	2019	2018
		£	£
Fixed assets
Tangible assets:	3	2,252,125	2,273,891
Investments:	4	12,267	12,267
Total fixed assets:		2,264,392	2,286,158
Current assets
Stocks:	5	23,204	497,040
Debtors:	6	132,388	106,799
Cash at bank and in hand:		385,435	187,044
Total current assets:		541,027	790,883
Creditors: amounts falling due within one year:	7	( 388,534 )	( 655,298 )
Net current assets (liabilities):		152,493	135,585
Total assets less current liabilities:		2,416,885	2,421,743
Creditors: amounts falling due after more than one year:	8	( 828,401 )	( 871,849 )
Total net assets (liabilities):		1,588,484	1,549,894
Members' funds
Profit and loss account:		1,588,484	1,549,894
Total members' funds:		1,588,484	1,549,894

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Freehold property 1% on cost.Machinery, equipment, fixtures 25% on reducing balance.Assets costing £750 or more are capitalised.

  Other accounting policies

  Stock is valued at lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Notes to the Financial Statements

for the Period Ended 30 June 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	18	16