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2021-05-31-accounts
|
Page |
| Directors &Companylnformation |
1 |
| Accountant's/Directors' report |
2 |
| Statementofincome and retained earnings |
3 |
| Statement offinancialposition |
4-5 |
| Notes to the financial statements |
6-9 |
|
2021 |
2020 |
| Note |
E |
f |
| Turnover |
186,425 |
171,649 |
| Cost of sales |
|
|
| Distribution costs |
(14,868) |
(23,873) |
| Administrative expenses |
(127,464) |
(151,25e) |
| Operatingprofit/(loss) |
44,093 |
(3,483) |
| Profit/(loss)beforetaxation |
44,093 |
(3,483) |
| Tax on profiU(loss) |
|
|
| Profit/(loss)forthefinancialyear andtotal |
|
|
| comprehensive income |
110r3 |
(3,483) |
| Retainedearningsatthe start of theyear |
70,313 |
73,796 |
| Retainedearningsattheendof theyear |
!1409 |
,0qr |
| Alltheactivities of the company arefromcontinuing operations. |
|
|
|
|
2021 |
|
2020 |
|
|
Note |
t |
I |
t |
t |
| Fixedassets |
|
|
|
|
|
| lnvestments |
6 |
20,000 |
|
6,500 |
|
|
|
|
20,000 |
|
6,500 |
| Current assets |
|
|
|
|
|
| Debtors |
7 |
16,000 |
|
16,000 |
|
| Cash at bank and in hand |
|
260,986 |
|
56,736 |
|
|
|
276,986 |
|
72,736 |
|
| Creditors: amountsfallingdue |
|
|
|
|
|
| withinone year |
g |
(142,580) |
|
(8,e23) |
|
| Netcurrent assets |
|
|
134,406 |
|
63,813 |
| Total assets lesscurrent liabilities |
|
|
154,406 |
|
70,313 |
| Creditors: amountsfallingdue |
|
|
|
|
|
| aftermorethanone year |
9 |
|
(40,000) |
|
|
| Netassets |
|
|
!:,409 |
|
111'3 |
| Capitalandreserves |
|
|
|
|
|
| Profit and loss account |
|
|
'114,406 |
|
70,313 |
| Shareholdersfunds |
|
|
!:,409 |
|
1913 |
| Tangible assets |
|
|
|
|
|
Freehold |
Plant and |
litlotor |
Total |
|
property |
machinery |
vehicles |
|
|
I |
c |
t |
t |
| Cost |
|
|
|
|
| At1June2O20andSlMay2021 |
E900 |
4,082 |
_1100 |
24!8' |
Depreciation
At1June2020and31May2021 |
12,500 |
4,092 |
8,400 |
,4f8' |
| Garrying amount |
|
|
|
|
| At31May2021 |
|
|
|
|
| At31tt/ay 2020 |
--- |
--- |
----- |
|
|
----_- |
|
--__- |
|
|
|
-- |
|
|
| 6. |
lnvestments |
|
|
|
|
|
|
Loans to |
|
|
Total |
|
|
|
group |
|
|
|
|
undertakings |
|
|
|
|
|
|
and |
|
|
|
|
participating |
|
|
|
|
|
interests |
|
|
|
|
|
|
t |
|
g |
|
Cost |
|
|
|
|
|
At1June2O2Oand3lMay2O21 |
|
,0400 |
|
19900 |
|
lmpairment |
|
|
|
|
|
At1June2O2Oand 31May2021 |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
At31May2021 |
|
20,000 |
|
20,000 |
|
At3'1ttlay 2020 |
: |
20,000 |
: |
20,000 |
|
|
- |
|
|
|
| 7. |
Debtors |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
I |
|
g |
|
Trade debtors |
i{00 |
|
iI{00 |
|
| 8. |
Creditors: amountsfallingduewithinone year |
|
|
|
|
|
|
|
2021t |
|
2020
g |
|
Social security and other taxes |
|
5,293 |
|
2,406 |
|
Other creditors |
137,287 |
|
|
6,517 |
|
|
142,580 |
|
|
lf,3 |
| 9. |
Creditors: amountsfallingdueaftermorethanone year |
|
|
|
|
|
|
|
2021
E |
|
2020t |
|
Bank loans and overdrafts |
19000 |
|
|
|
| 10. |
Directors advances, creditsandguarantees |
|
|
|
|
|
2021 |
2020 |
|
E |
t |
| Turnover |
|
|
| Sales |
48,500 |
23,910 |
| Event Sales |
24,317 |
20,317 |
| Grants |
113,608 |
127,422 |
|
186,425 |
171,649 |
| Grossprofit |
186,425 |
171,649 |
| Grossprofitpercentage |
100.0% |
100.0% |
| Overheads |
|
|
| Distributioncosts |
|
|
| Venue Hire |
(14,868) |
(23,873) |
| Administrative expenses |
|
|
| Temporary Staff |
(8,440) |
('11,067) |
| Staff training |
(6,415) |
(14,779) |
| IManagementexpenses |
(21,395) |
(19,014) |
| Rent payable |
(17,560) |
(15,326) |
| Service charges |
(31,120) |
(55,204) |
| lnsurance |
(445) |
(e70) |
| Light and heat |
(6,504) |
(5,814) |
| Printing, postage and stationery |
(4,720) |
(4,147) |
| Advertising |
(4,235) |
(3,425) |
| Telephone |
(3,838) |
(4,729) |
| Computer costs |
(2,065) |
(1,044) |
| Hire of equipment |
(3,530) |
(3,274) |
| lvlotorexpenses |
(7,530) |
(5,556) |
| Consultancyfees |
(6,485) |
(3,107) |
| Accountancy fees |
(1,770) |
(1,440) |
| Bank charges |
(2e2) |
(670) |
| Staff welfare |
(1,120) |
(1,693) |
|
(142,332) |
(175,132) |
| Operating profit/(loss) |
44,093 |
(3,483) |
| Operating profit/(!oss) percentage |
23.7"/" |
2.0% |
| Profit/(loss)beforetaxation |
44,093 |
(3483) |
|
Page |
| Directors &Companylnformation |
1 |
| Accountant's/Directors' report |
2 |
| Statementofincome and retained earnings |
3 |
| Statement offinancialposition |
4-5 |
| Notes to the financial statements |
6-9 |
|
2021 |
2020 |
| Note |
E |
f |
| Turnover |
186,425 |
171,649 |
| Cost of sales |
|
|
| Distribution costs |
(14,868) |
(23,873) |
| Administrative expenses |
(127,464) |
(151,25e) |
| Operatingprofit/(loss) |
44,093 |
(3,483) |
| Profit/(loss)beforetaxation |
44,093 |
(3,483) |
| Tax on profiU(loss) |
|
|
| Profit/(loss)forthefinancialyear andtotal |
|
|
| comprehensive income |
110r3 |
(3,483) |
| Retainedearningsatthe start of theyear |
70,313 |
73,796 |
| Retainedearningsattheendof theyear |
!1409 |
,0qr |
| Alltheactivities of the company arefromcontinuing operations. |
|
|
|
|
2021 |
|
2020 |
|
|
Note |
t |
I |
t |
t |
| Fixedassets |
|
|
|
|
|
| lnvestments |
6 |
20,000 |
|
6,500 |
|
|
|
|
20,000 |
|
6,500 |
| Current assets |
|
|
|
|
|
| Debtors |
7 |
16,000 |
|
16,000 |
|
| Cash at bank and in hand |
|
260,986 |
|
56,736 |
|
|
|
276,986 |
|
72,736 |
|
| Creditors: amountsfallingdue |
|
|
|
|
|
| withinone year |
g |
(142,580) |
|
(8,e23) |
|
| Netcurrent assets |
|
|
134,406 |
|
63,813 |
| Total assets lesscurrent liabilities |
|
|
154,406 |
|
70,313 |
| Creditors: amountsfallingdue |
|
|
|
|
|
| aftermorethanone year |
9 |
|
(40,000) |
|
|
| Netassets |
|
|
!:,409 |
|
111'3 |
| Capitalandreserves |
|
|
|
|
|
| Profit and loss account |
|
|
'114,406 |
|
70,313 |
| Shareholdersfunds |
|
|
!:,409 |
|
1913 |
| Tangible assets |
|
|
|
|
|
Freehold |
Plant and |
litlotor |
Total |
|
property |
machinery |
vehicles |
|
|
I |
c |
t |
t |
| Cost |
|
|
|
|
| At1June2O20andSlMay2021 |
E900 |
4,082 |
_1100 |
24!8' |
Depreciation
At1June2020and31May2021 |
12,500 |
4,092 |
8,400 |
,4f8' |
| Garrying amount |
|
|
|
|
| At31May2021 |
|
|
|
|
| At31tt/ay 2020 |
--- |
--- |
----- |
|
|
----_- |
|
--__- |
|
|
|
-- |
|
|
| 6. |
lnvestments |
|
|
|
|
|
|
Loans to |
|
|
Total |
|
|
|
group |
|
|
|
|
undertakings |
|
|
|
|
|
|
and |
|
|
|
|
participating |
|
|
|
|
|
interests |
|
|
|
|
|
|
t |
|
g |
|
Cost |
|
|
|
|
|
At1June2O2Oand3lMay2O21 |
|
,0400 |
|
19900 |
|
lmpairment |
|
|
|
|
|
At1June2O2Oand 31May2021 |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
At31May2021 |
|
20,000 |
|
20,000 |
|
At3'1ttlay 2020 |
: |
20,000 |
: |
20,000 |
|
|
- |
|
|
|
| 7. |
Debtors |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
I |
|
g |
|
Trade debtors |
i{00 |
|
iI{00 |
|
| 8. |
Creditors: amountsfallingduewithinone year |
|
|
|
|
|
|
|
2021t |
|
2020
g |
|
Social security and other taxes |
|
5,293 |
|
2,406 |
|
Other creditors |
137,287 |
|
|
6,517 |
|
|
142,580 |
|
|
lf,3 |
| 9. |
Creditors: amountsfallingdueaftermorethanone year |
|
|
|
|
|
|
|
2021
E |
|
2020t |
|
Bank loans and overdrafts |
19000 |
|
|
|
| 10. |
Directors advances, creditsandguarantees |
|
|
|
|
|
2021 |
2020 |
|
E |
t |
| Turnover |
|
|
| Sales |
48,500 |
23,910 |
| Event Sales |
24,317 |
20,317 |
| Grants |
113,608 |
127,422 |
|
186,425 |
171,649 |
| Grossprofit |
186,425 |
171,649 |
| Grossprofitpercentage |
100.0% |
100.0% |
| Overheads |
|
|
| Distributioncosts |
|
|
| Venue Hire |
(14,868) |
(23,873) |
| Administrative expenses |
|
|
| Temporary Staff |
(8,440) |
('11,067) |
| Staff training |
(6,415) |
(14,779) |
| IManagementexpenses |
(21,395) |
(19,014) |
| Rent payable |
(17,560) |
(15,326) |
| Service charges |
(31,120) |
(55,204) |
| lnsurance |
(445) |
(e70) |
| Light and heat |
(6,504) |
(5,814) |
| Printing, postage and stationery |
(4,720) |
(4,147) |
| Advertising |
(4,235) |
(3,425) |
| Telephone |
(3,838) |
(4,729) |
| Computer costs |
(2,065) |
(1,044) |
| Hire of equipment |
(3,530) |
(3,274) |
| lvlotorexpenses |
(7,530) |
(5,556) |
| Consultancyfees |
(6,485) |
(3,107) |
| Accountancy fees |
(1,770) |
(1,440) |
| Bank charges |
(2e2) |
(670) |
| Staff welfare |
(1,120) |
(1,693) |
|
(142,332) |
(175,132) |
| Operating profit/(loss) |
44,093 |
(3,483) |
| Operating profit/(!oss) percentage |
23.7"/" |
2.0% |
| Profit/(loss)beforetaxation |
44,093 |
(3483) |