| Page | |||
|---|---|---|---|
| Company information |
|||
| Directors' report |
|||
| Statement of directors' |
responsibilities | ||
| Independent auditor's |
report | ||
| Statement of comprehensive |
income | ||
| Balance sheet | |||
| Notes to the accounts |
| 2022 | 2021 | ||
|---|---|---|---|
| Turnover | 7,654,556 | 5,855,246 | |
| Cost of sales | (3,807,209) | (2,838,018) | |
| Gross profit | 3,847,347 | 3,017,228 | |
| Administrative | expenses | (3,422,057) | (2,514,325) |
| Other operating | income | 310,570 | 95,513 |
| Operating profit |
735,860 | 598,41 6 | |
| Interest payable | (16,458) | ||
| Profit before taxation | 719,402 | 598,416 | |
| Tax on profit | |||
| Profit for the financial year | 719,402 | 598,416 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Plant and | ||||
| Land and | machinery | Ililotor | ||
| buildings | etc | vehicles | Total | |
| 8 | 8 | 2 | 2 | |
| Cost | ||||
| At 1 March 2021 | 502,539 | 55,574 | 3,825 | 561,938 |
| Additions | 416,730 | 165,709 | 582,439 | |
| At 28 February 2022 | 919,269 | 221,283 | 3,825 | 1,144,377 |
| Depreciation | ||||
| At 1 March 2021 | 11,270 | 23,640 | 3,381 | 38,291 |
| Charge for the year | 9,080 | 26,647 | 67 | 35,794 |
| At 28 February 2022 | 20,350 | 50,287 | 3,448 | 74,085 |
| Net book value | ||||
| At 28 February 2022 | 898,919 | 170,996 | 377 | 1,070,292 |
| At 28 February 2021 | 491,269 | 31,934 | 444 | 523,647 |
| Debtors | 2022 | 2021 | |
|---|---|---|---|
| 2 | 2 | ||
| Trade debtors | 583,121 | 274,209 | |
| Creditors: amounts | falling due within one year | 2022 | 2021 |
| 2 | 2 | ||
| Trade creditors | 265,794 | 120,375 |
| Bridge-It Housing UK Team Ltd Detailed profit and loss account for the year ended 28 February 2022 This schedule does not form part ofthe statutory accounts Sales |
2022 7,654,556 |
2021 |
| Cost of sales | (3,807,209) | (2,838,01 8) |
| Gross profit | 3,847,347 | 3,017,228 |
| Administrative expenses |
(3,422,057) | (2,514,325) |
| Other operating income |
310,570 | 95,513 |
| Operating profit |
735,860 | 598,416 |
| Interest payable | (16,458) | |
| Profit before tax | 719,402 | 598,416 |
| This schedule | do | es not | form part ofthe statutory | accounts | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | |||||
| Sales | |||||
| Sales | 7,654,556 | 5,855,246 | |||
| Cost ofsales | |||||
| Other direct costs | 3,807,209 | 2,838,018 | |||
| Administrative | expenses | ||||
| Employee costs; | |||||
| Wages and | salaries | 2,141,788 | 1,467,796 | ||
| Pensions | 50,351 | 31,421 | |||
| Employer's | Nl | 162,601 | 107,491 | ||
| Staff training | and welfare | 18,582 | 14,016 | ||
| Travel and subsistence | 81,463 | 185,464 | |||
| 2,454,785 | 1,806, 188 | ||||
| Premises costs: | |||||
| Rent | 581,290 | 367,593 | |||
| Light and heat | 50,165 | 49,059 | |||
| Cleaning | 30,601 | 25,203 | |||
| 662,056 | 441,855 | ||||
| General administrative |
expenses: | ||||
| Telephone and internet |
23,015 | 13,171 | |||
| Postage | 5,659 | 4,158 | |||
| Stationery and |
printing | 40,564 | 48,979 | ||
| Subscriptions | 313 | ||||
| Bank charges | 2,246 | 1,950 | |||
| Insurance | 22,375 | 21,531 | |||
| Equipment expensed |
8,452 | 5,213 | |||
| Software | 25,646 | 17,607 | |||
| Repairs and | maintenance | 49,852 | 80,889 | ||
| Depreciation | 35,794 | 10,808 | |||
| 213,916 | 204,306 | ||||
| Legal and professional | costs: | ||||
| Accountancy | fees | 28,675 | 22,781 | ||
| Consultancy | fees | 41,765 | 23,450 | ||
| Advertising | and PR | 19,418 | 15,745 | ||
| Other legal | and professional | 1,442 | |||
| 91,300 | 61,976 | ||||
| 3,422,057 | 2,514,325 | ||||
| Other operating | income | ||||
| Other operating | income | 310,570 | 95,513 |