| £ |
£ |
£ |
|
| Fixed Assets |
Cost |
Depre-
ciation |
Net Book
Value |
| 1,900 |
355 |
1,545 |
|
| Current Assets |
|||
| Stocks |
300 |
||
| Debtors |
304 |
||
| Less Provision for
doubtful debts |
(4) |
||
| Prepayments |
10 |
||
| Bank and cash |
300 |
||
| Total Current Assets |
910 |
||
| Current Liabilities |
(400) |
||
| Net Current Assets |
510 |
||
| Long Term Liabilities |
(55) |
||
| £2,000 |
|||
| Represented by: |
£2,000 |