Contents of the Financial Statements

for the Period Ended 31 December 2019

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

Directors' report period ended 31 December 2019

The directors present their report with the financial statements of the company for the period ended 31 December 2019

Directors

The director shown below has held office during the whole of the period from
1 January 2019 to 31 December 2019

John Izan Sambo

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
29 April 2020

And signed on behalf of the board by:
Name: John Izan Sambo
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2019

	2019	2018
	£	£
Turnover:	4,384,876	4,109,876
Cost of sales:	( 3,464,052 )	( 3,246,802 )
Gross profit(or loss):	920,824	863,074
Administrative expenses:	( 289,569 )	( 252,657 )
Operating profit(or loss):	631,255	610,417
Interest payable and similar charges:	( 190 )	( 190 )
Profit(or loss) before tax:	631,065	610,227
Tax:	( 119,902 )	( 115,943 )
Profit(or loss) for the financial year:	511,163	494,284

Balance sheet

As at 31 December 2019

	Notes	2019	2018
		£	£
Fixed assets
Intangible assets:	3	4,325	4,325
Total fixed assets:		4,325	4,325
Current assets
Stocks:	4	10,850	7,836
Cash at bank and in hand:		24,870	0
Total current assets:		35,720	7,836
Creditors: amounts falling due within one year:	5	( 9,786 )	( 5,236 )
Net current assets (liabilities):		25,934	2,600
Total assets less current liabilities:		30,259	6,925
Total net assets (liabilities):		30,259	6,925
Capital and reserves
Called up share capital:		1	1
Profit and loss account:		30,258	6,924
Total Shareholders' funds:		30,259	6,925

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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 31 December 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	4	3