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Financial Statements |
Contents |
Page |
Director's report |
1 |
Statement of income and retained earnings |
2 |
Statement of financial position |
3 |
Notes to the financial statements |
4 |
Detailed income statement |
8 |
Notes to the detailed income statement |
9 |
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Director's Report |
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Director |
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Statement of Income and Retained Earnings |
2017 |
2016 |
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Note |
£ |
£ |
Turnover |
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Cost of sales |
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Gross profit |
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Administrative expenses |
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Operating profit |
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Other interest receivable and similar income |
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--------- |
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Profit before taxation |
5 |
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Tax on profit |
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Profit for the financial year and total comprehensive income |
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Dividends paid and payable |
(
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(
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Retained earnings at the start of the year |
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Retained earnings at the end of the year |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Tangible assets |
6 |
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Called up share capital |
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Profit and loss account |
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Members funds |
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Director |
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Notes to the Financial Statements |
Website costs |
- |
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Fixtures and fittings |
- |
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Equipment |
- |
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2017 |
2016 |
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£ |
£ |
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Depreciation of tangible assets |
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------- |
------- |
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Website cost |
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 March 2016 |
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Additions |
– |
– |
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-------- |
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-------- |
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At 28 February 2017 |
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Depreciation |
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At 1 March 2016 |
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Charge for the year |
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------- |
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-------- |
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At 28 February 2017 |
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Carrying amount |
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At 28 February 2017 |
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------- |
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At 29 February 2016 |
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2017 |
2016 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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------------ |
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2017 |
2016 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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– |
Other creditors |
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Management Information |
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Detailed Income Statement |
2017 |
2016 |
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£ |
£ |
|
Turnover |
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Sub-contractors fees |
8,294,521
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5,609,775
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Gross profit |
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Administrative expenses |
555,890
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572,492
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--------- |
--------- |
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Operating profit |
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Other interest receivable and similar income |
1,512 |
1,119 |
--------- |
--------- |
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Profit before taxation |
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--------- |
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Notes to the Detailed Income Statement |
2017 |
2016 |
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£ |
£ |
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Director's remuneration |
– |
73
|
Unpaid director's remuneration |
8,160
|
8,060
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Directors pension contributions |
10,000
|
50,000
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Administrative staff salaries |
328,803
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280,641
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Employers national insurance contributions |
31,439
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31,460
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Staff pension contributions - defined contribution |
815
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– |
Rent |
31,040
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28,747
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Insurance |
4,129
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4,102
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Repairs |
– |
225
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Motor and travel |
24,356
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17,165
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Telephone |
20,502
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24,092
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Software support & website maintenance |
1,345
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3,072
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Printing postage and stationery |
3,319
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3,430
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Sundry expenses |
2,938
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2,200
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Conference fees |
6,734
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2,397
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Books and journal |
980
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878
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Advertising and marketing |
64,039
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56,810
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Entertaining |
13,766
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14,067
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Legal and professional fees (allowable) |
15,232
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11,158
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Bookkeeping fees |
17,868
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16,305
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Accountancy fees |
5,500
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5,000
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Depreciation |
2,827
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3,125
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Provision for doubtful debts |
– |
7,471
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Bank charges |
(1,557) |
1,044
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Foreign currency gains/losses |
(36,345) |
970
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--------- |
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555,890
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572,492
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Interest on cash and cash equivalents |
1,512
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1,119
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