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Statement of financial position as at 31st December 20X0
20X0 20X1
£ £
Assets
Non-Current Assets
Fixtures and Fittings
Vehicles
Freehold premises
0 0
Current Assets
Inventories
Trade Receivables
Cash and cash equivalents
0 0
Total Assets 0 0
Equity and Liabilities
Equity
Share Capital
Retained earnings
Drawings
Total Equity 0 0
Non-current liabilities
Long term loan
0 0
Current Liabilities
Trade and other payables
Accrual
Current tax payable
,Statement of Comprehensive Income for the year ended 31st December 20X0
£ £
Revenue
Cost of sales
Gross Profit 0 0
Other income
Operating expenses
Operating Profit 0 0
Bad and doubtful debts
Loss on disposal
Depreciation
,
Statement of financial position as at 31st December 20X0
20X0 20X1
£ £
Assets
Non-Current Assets
Fixtures and Fittings
Vehicles
Freehold premises
0 0
Current Assets
Inventories
Trade Receivables
Cash and cash equivalents
0 0
Total Assets 0 0
Equity and Liabilities
Equity
Share Capital
Retained earnings
Drawings
Total Equity 0 0
Non-current liabilities
Long term loan
0 0
Current Liabilities
Trade and other payables
Accrual
Current tax payable
,Statement of Comprehensive Income for the year ended 31st December 20X0
£ £
Revenue
Cost of sales
Gross Profit 0 0
Other income
Operating expenses
Operating Profit 0 0
Bad and doubtful debts
Loss on disposal
Depreciation
,
