Consolidation
Holdings, Trading and Services mapped to 43 group accounts and 12 intercompany pairs eliminated. The group does not tie: Trading and Services are £1,368.58 apart, because Services has not booked Trading invoice WT-208358 yet.
- Check 1Every company trial balance balancesHoldings £3,084,688.80, Trading £6,577,625.63, Services £2,745,711.66
- Check 2Every intercompany pair agrees10 of 12 agree. Trading and Services, current account: £1,368.58 apart; Trading and Services, parts sales and purchases: £1,140.48 apart
- Check 3Eliminations net to zero£1,368.58 unmatched on the balance sheet, £1,140.48 in profit
- Check 4Group balance sheet balancesNet assets £4,216,699.89 = equity £4,216,699.89
- Check 5Group profit = the three companies, less intercompanyGroup £364,874.99 = the three companies £364,874.99, of which £1,140.48 is profit Services has not booked
Trading invoice WT-208358 to Services, £1,368.58 (£1,140.48 of parts plus £228.10 VAT). Trading booked it in Sage on Wed 30 Sep. It reached Services through the intercompany link today at 07:12 and waits for Mark Ellison, the budget holder. Until Services books it in QuickBooks, Trading's current account with Services is £1,368.58 higher than Services' side, and Trading shows £1,140.48 of sales that Services has no cost for. The eliminations park both in the unmatched accounts (G2490 and G6990).
Services has booked WT-208358 in QuickBooks, so all 12 pairs agree and the eliminations net to zero. The consolidation is ready for Sarah Whitfield to review on working day 3; the board pack builds from it.
| Group account | Holdings | Trading | Services | Eliminations | Group |
|---|---|---|---|---|---|
| G1100 Land, buildings and fixtures: costTangible fixed assets | 1,934,000.00 | - | - | - | 1,934,000.00 |
| G1110 Plant, vehicles and equipment: costTangible fixed assets | 38,400.00 | 370,500.00 | 120,000.00 | - | 528,900.00 |
| G1120 Accumulated depreciationTangible fixed assets | (378,900.00) | (200,091.65) | (77,400.00) | - | (656,391.65) |
| G1200 Investments in subsidiariesInvestments in subsidiaries | 75,000.00 | - | - | (75,000.00) | - |
| G1300 Intercompany loan receivableIntercompany loan | 75,000.00 | - | - | (75,000.00) | - |
| G2100 StockStock | - | 1,095,467.89 | - | - | 1,095,467.89 |
| G2200 Trade debtorsTrade debtors | 10,800.00 | 1,199,878.67 | 373,238.50 | - | 1,583,917.17 |
| G2300 Prepayments and accrued incomePrepayments and accrued income | 14,862.00 | 10,959.00 | 48,500.00 | - | 74,321.00 |
| G2400 Intercompany balancesIntercompany balances | 76,637.50 | (11,491.14) | (63,777.78) | (1,368.58) | - |
| G2490 Unmatched intercompany balancesIntercompany balances | - | - | - | 1,368.58 | 1,368.58 |
| G2500 Cash at bankCash at bank | 490,391.45 | 164,378.41 | 549,474.41 | - | 1,204,244.27 |
| G3100 Trade creditorsTrade creditors | (4,651.20) | (555,762.17) | (63,488.64) | - | (623,902.01) |
| G3200 AccrualsAccruals and deferred income | (12,400.00) | (19,853.00) | (4,800.00) | - | (37,053.00) |
| G3210 Deferred incomeAccruals and deferred income | (9,000.00) | - | (190,000.00) | - | (199,000.00) |
| G3300 VATTax and social security | (59,019.91) | (50,553.47) | (212,428.85) | - | (322,002.23) |
| G3310 PAYE and NITax and social security | (11,393.25) | (21,901.59) | (41,633.58) | - | (74,928.42) |
| G3320 Pension contributionsOther creditors | (2,652.00) | (5,273.60) | (9,945.60) | - | (17,871.20) |
| G3330 Corporation taxTax and social security | (32,886.16) | (125,952.08) | (115,532.27) | - | (274,370.51) |
| G3400 Intercompany loan payableIntercompany loan | - | - | (75,000.00) | 75,000.00 | - |
| G5100 Share capitalShare capital | (10,000.00) | (50,000.00) | (25,000.00) | 75,000.00 | (10,000.00) |
| G5200 Retained earningsRetained earnings | (2,161,079.88) | (1,659,904.59) | (90,610.94) | - | (3,911,595.41) |
| G6100 Revenue: parts and sparesRevenue | - | (3,242,138.50) | - | - | (3,242,138.50) |
| G6110 Revenue: maintenance and repairsRevenue | - | - | (1,776,094.00) | - | (1,776,094.00) |
| G6120 Revenue: rentRevenue | (18,000.00) | - | - | - | (18,000.00) |
| G6190 Revenue: intercompanyRevenue | (381,000.00) | (137,298.01) | - | 518,298.01 | - |
| G6990 Unmatched intercompany tradingUnmatched intercompany | - | - | - | (1,140.48) | (1,140.48) |
| G7100 Cost of sales: materialsCost of sales | - | 2,330,389.84 | 160,003.44 | - | 2,490,393.28 |
| G7110 Cost of sales: engineer labourCost of sales | - | - | 677,049.08 | - | 677,049.08 |
| G7120 Cost of sales: fleet, carriage and hireCost of sales | - | 60,661.57 | 181,255.85 | - | 241,917.42 |
| G7130 Cost of sales: subcontractCost of sales | - | - | 94,569.14 | - | 94,569.14 |
| G7190 Cost of sales: intercompanyCost of sales | - | - | 136,157.53 | (136,157.53) | - |
| G8100 Staff costsStaff costs | 235,168.69 | 447,895.94 | 158,098.38 | - | 841,163.01 |
| G8200 PremisesPremises | 68,654.97 | - | - | - | 68,654.97 |
| G8210 Rent: intercompanyPremises | - | 57,000.00 | 39,000.00 | (96,000.00) | - |
| G8300 VehiclesVehicles | - | 22,290.75 | - | - | 22,290.75 |
| G8400 IT and communicationsIT and communications | 17,010.00 | 23,880.00 | 25,832.94 | - | 66,722.94 |
| G8500 Professional feesProfessional fees | 10,705.16 | 9,706.76 | 8,134.81 | - | 28,546.73 |
| G8600 Management fees: intercompanyManagement fees | - | 168,000.00 | 117,000.00 | (285,000.00) | - |
| G8700 Other overheadsOther overheads | 6,672.87 | 67,617.24 | 14,852.81 | - | 89,142.92 |
| G8800 DepreciationDepreciation | 23,100.00 | 19,641.65 | 10,200.00 | - | 52,941.65 |
| G8900 InterestInterest | (893.90) | - | - | - | (893.90) |
| G8910 Interest: intercompanyInterest | (2,812.50) | - | 2,812.50 | - | - |
| G9100 Corporation taxCorporation tax | 8,286.16 | 31,952.08 | 29,532.27 | - | 69,770.51 |
| Debits less credits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| September 2026 | Holdings | Trading | Services | Eliminations | Group |
|---|---|---|---|---|---|
| Revenue | 66,500.00 | 618,320.70 | 321,495.00 | (92,707.97) | 913,607.73 |
| Cost of sales | - | (434,782.78) | (224,267.17) | 28,067.49 | (630,982.46) |
| Gross profit | 66,500.00 | 183,537.92 | 97,227.83 | (64,640.48) | 282,625.27 |
| Staff costs | (39,549.00) | (76,285.59) | (28,000.20) | - | (143,834.79) |
| Premises | (9,504.91) | (9,500.00) | (6,500.00) | 16,000.00 | (9,504.91) |
| Vehicles | - | (3,603.27) | - | - | (3,603.27) |
| IT and communications | (2,860.00) | (3,980.00) | (4,250.00) | - | (11,090.00) |
| Professional fees | (1,500.00) | (1,000.00) | (1,626.00) | - | (4,126.00) |
| Management fees | - | (28,000.00) | (19,500.00) | 47,500.00 | - |
| Other overheads | (1,575.91) | (13,149.58) | (2,215.68) | - | (16,941.17) |
| Unmatched intercompanyprofit one side has booked and the other has not | - | - | - | 1,140.48 | 1,140.48 |
| EBITDA | 11,510.18 | 48,019.48 | 35,135.95 | - | 94,665.61 |
| Depreciation | (3,850.00) | (3,475.00) | (1,700.00) | - | (9,025.00) |
| Interest | 589.90 | - | (437.50) | - | 152.40 |
| Profit before tax | 8,250.08 | 44,544.48 | 32,998.45 | - | 85,793.01 |
| Corporation taxSeptember estimate posts on working day 3 | - | - | - | - | - |
| Profit after tax | 8,250.08 | 44,544.48 | 32,998.45 | - | 85,793.01 |
| April to September | Holdings | Trading | Services | Eliminations | Group |
|---|---|---|---|---|---|
| Revenue | 399,000.00 | 3,379,436.51 | 1,776,094.00 | (518,298.01) | 5,036,232.50 |
| Cost of sales | - | (2,391,051.41) | (1,249,035.04) | 136,157.53 | (3,503,928.92) |
| Gross profit | 399,000.00 | 988,385.10 | 527,058.96 | (382,140.48) | 1,532,303.58 |
| Staff costs | (235,168.69) | (447,895.94) | (158,098.38) | - | (841,163.01) |
| Premises | (68,654.97) | (57,000.00) | (39,000.00) | 96,000.00 | (68,654.97) |
| Vehicles | - | (22,290.75) | - | - | (22,290.75) |
| IT and communications | (17,010.00) | (23,880.00) | (25,832.94) | - | (66,722.94) |
| Professional fees | (10,705.16) | (9,706.76) | (8,134.81) | - | (28,546.73) |
| Management fees | - | (168,000.00) | (117,000.00) | 285,000.00 | - |
| Other overheads | (6,672.87) | (67,617.24) | (14,852.81) | - | (89,142.92) |
| Unmatched intercompanyprofit one side has booked and the other has not | - | - | - | 1,140.48 | 1,140.48 |
| EBITDA | 60,788.31 | 191,994.41 | 164,140.02 | - | 416,922.74 |
| Depreciation | (23,100.00) | (19,641.65) | (10,200.00) | - | (52,941.65) |
| Interest | 3,706.40 | - | (2,812.50) | - | 893.90 |
| Profit before tax | 41,394.71 | 172,352.76 | 151,127.52 | - | 364,874.99 |
| Corporation tax | (8,286.16) | (31,952.08) | (29,532.27) | - | (69,770.51) |
| Profit after tax | 33,108.55 | 140,400.68 | 121,595.25 | - | 295,104.48 |
| At 30 September 2026 | Holdings | Trading | Services | Eliminations | Group |
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible fixed assets | 1,593,500.00 | 170,408.35 | 42,600.00 | - | 1,806,508.35 |
| Intercompany, removed on consolidation | |||||
| Investments in subsidiaries | 75,000.00 | - | - | (75,000.00) | - |
| Intercompany loan | 75,000.00 | - | (75,000.00) | - | - |
| Intercompany balanceswhat is left is unmatched | 76,637.50 | (11,491.14) | (63,777.78) | - | 1,368.58 |
| Current assets | |||||
| Stock | - | 1,095,467.89 | - | - | 1,095,467.89 |
| Trade debtors | 10,800.00 | 1,199,878.67 | 373,238.50 | - | 1,583,917.17 |
| Prepayments and accrued income | 14,862.00 | 10,959.00 | 48,500.00 | - | 74,321.00 |
| Cash at bank | 490,391.45 | 164,378.41 | 549,474.41 | - | 1,204,244.27 |
| Creditors | |||||
| Trade creditors | (4,651.20) | (555,762.17) | (63,488.64) | - | (623,902.01) |
| Accruals and deferred income | (21,400.00) | (19,853.00) | (194,800.00) | - | (236,053.00) |
| Tax and social security | (103,299.32) | (198,407.14) | (369,594.70) | - | (671,301.16) |
| Other creditors | (2,652.00) | (5,273.60) | (9,945.60) | - | (17,871.20) |
| Net assets | 2,204,188.43 | 1,850,305.27 | 237,206.19 | (75,000.00) | 4,216,699.89 |
| Capital and reserves | |||||
| Share capital | 10,000.00 | 50,000.00 | 25,000.00 | (75,000.00) | 10,000.00 |
| Retained earnings at 1 April | 2,161,079.88 | 1,659,904.59 | 90,610.94 | - | 3,911,595.41 |
| Profit for April to September | 33,108.55 | 140,400.68 | 121,595.25 | - | 295,104.48 |
| Total equity | 2,204,188.43 | 1,850,305.27 | 237,206.19 | (75,000.00) | 4,216,699.89 |
| Pair | First side, as booked | Other side, as booked | Difference | Status |
|---|---|---|---|---|
| Holdings and TradingCurrent account, balance at 30 Sep | Holdings 61545,000.00 | Trading 212045,000.00 | - | agreed |
| Holdings and TradingRent, year to date | Holdings 20057,000.00 | Trading 710057,000.00 | - | agreed |
| Holdings and TradingManagement fees, year to date | Holdings 210168,000.00 | Trading 8200168,000.00 | - | agreed |
| Holdings and ServicesCurrent account, balance at 30 Sep | Holdings 61631,637.50 | Services 213031,637.50 | - | agreed |
| Holdings and ServicesRent, year to date | Holdings 20139,000.00 | Services 610039,000.00 | - | agreed |
| Holdings and ServicesManagement fees, year to date | Holdings 211117,000.00 | Services 6200117,000.00 | - | agreed |
| Loan: Holdings to ServicesLoan, balance at 30 Sep | Holdings 04075,000.00 | Services 230075,000.00 | - | agreed |
| Loan: Holdings to ServicesLoan interest, year to date | Holdings 2202,812.50 | Services 69002,812.50 | - | agreed |
| Trading and ServicesCurrent account, balance at 30 Sep | Trading 111033,508.86 | Services 214032,140.28 | 1,368.58 | to G2490 |
| Trading and ServicesParts sales and purchases, year to date | Trading 4010137,298.01 | Services 5010136,157.53 | 1,140.48 | to G6990 |
| Investments and share capitalInvestment in Trading against its share capital | Holdings 03050,000.00 | Trading 300050,000.00 | - | agreed |
| Investments and share capitalInvestment in Services against its share capital | Holdings 03125,000.00 | Services 300025,000.00 | - | agreed |
| Xero account | Debit | Credit |
|---|---|---|
| 010 Freehold land and buildings: costyour approvalto G1100 Land, buildings and fixtures: cost | 1,850,000.00 | |
| 011 Freehold buildings: depreciationyour approvalto G1120 Accumulated depreciation | 300,000.00 | |
| 015 Fixtures and fittings: costyour approvalto G1100 Land, buildings and fixtures: cost | 84,000.00 | |
| 016 Fixtures and fittings: depreciationyour approvalto G1120 Accumulated depreciation | 52,500.00 | |
| 020 Computer equipment: costyour approvalto G1110 Plant, vehicles and equipment: cost | 38,400.00 | |
| 021 Computer equipment: depreciationyour approvalto G1120 Accumulated depreciation | 26,400.00 | |
| 030 Investment in Wrenmoor Trading Ltdyour approvalto G1200 Investments in subsidiaries | 50,000.00 | |
| 031 Investment in Wrenmoor Services Ltdyour approvalto G1200 Investments in subsidiaries | 25,000.00 | |
| 040 Loan to Wrenmoor Services Ltdyour approvalto G1300 Intercompany loan receivable | 75,000.00 | |
| 090 Fernlea Bank current accountyour approvalto G2500 Cash at bank | 239,497.55 | |
| 091 Fernlea Bank deposit accountyour approvalto G2500 Cash at bank | 250,893.90 | |
| 610 Accounts receivableyour approvalto G2200 Trade debtors | 10,800.00 | |
| 615 Intercompany: Wrenmoor Trading Ltdyour approvalto G2400 Intercompany balances | 45,000.00 | |
| 616 Intercompany: Wrenmoor Services Ltdyour approvalto G2400 Intercompany balances | 31,637.50 | |
| 620 Prepaymentsyour approvalto G2300 Prepayments and accrued income | 14,862.00 | |
| 800 Accounts payableyour approvalto G3100 Trade creditors | 4,651.20 | |
| 810 Accrualsyour approvalto G3200 Accruals | 12,400.00 | |
| 815 Deferred incomeyour approvalto G3210 Deferred income | 9,000.00 | |
| 820 VATyour approvalto G3300 VAT | 59,019.91 | |
| 825 PAYE and NIyour approvalto G3310 PAYE and NI | 11,393.25 | |
| 826 Pension contributionsyour approvalto G3320 Pension contributions | 2,652.00 | |
| 830 Corporation taxyour approvalto G3330 Corporation tax | 32,886.16 | |
| 900 Share capitalyour approvalto G5100 Share capital | 10,000.00 | |
| 960 Retained earningsyour approvalto G5200 Retained earnings | 2,161,079.88 | |
| 200 Rent: Wrenmoor Trading Ltdyour approvalto G6190 Revenue: intercompany | 57,000.00 | |
| 201 Rent: Wrenmoor Services Ltdyour approvalto G6190 Revenue: intercompany | 39,000.00 | |
| 202 Rent: first-floor tenantyour approvalto G6120 Revenue: rent | 18,000.00 | |
| 210 Management fees: Wrenmoor Trading Ltdyour approvalto G6190 Revenue: intercompany | 168,000.00 | |
| 211 Management fees: Wrenmoor Services Ltdyour approvalto G6190 Revenue: intercompany | 117,000.00 | |
| 220 Loan interest: Wrenmoor Services Ltdyour approvalto G8910 Interest: intercompany | 2,812.50 | |
| 230 Bank interest receivedyour approvalto G8900 Interest | 893.90 | |
| 477 Salariesyour approvalto G8100 Staff costs | 198,900.00 | |
| 478 Employer's NIyour approvalto G8100 Staff costs | 27,585.00 | |
| 479 Employer's pensionyour approvalto G8100 Staff costs | 5,967.00 | |
| 480 Training and recruitmentyour approvalto G8100 Staff costs | 2,716.69 | |
| 420 Business ratesyour approvalto G8200 Premises | 15,750.00 | |
| 421 Building insuranceyour approvalto G8200 Premises | 5,056.00 | |
| 422 Repairs and maintenanceyour approvalto G8200 Premises | 12,526.04 | |
| 423 Light, heat and poweryour approvalto G8200 Premises | 19,580.00 | |
| 424 Cleaningyour approvalto G8200 Premises | 10,342.93 | |
| 425 Securityyour approvalto G8200 Premises | 3,840.00 | |
| 426 Wateryour approvalto G8200 Premises | 1,560.00 | |
| 460 Telephone and internetyour approvalto G8400 IT and communications | 5,280.00 | |
| 463 Software and IT supportyour approvalto G8400 IT and communications | 11,730.00 | |
| 412 Audit and accountancyyour approvalto G8500 Professional fees | 9,000.00 | |
| 413 Legal and professionalyour approvalto G8500 Professional fees | 1,705.16 | |
| 404 Bank chargesyour approvalto G8700 Other overheads | 668.50 | |
| 429 General expensesyour approvalto G8700 Other overheads | 6,004.37 | |
| 416 Depreciation: buildingsyour approvalto G8800 Depreciation | 12,000.00 | |
| 417 Depreciation: fixtures and computersyour approvalto G8800 Depreciation | 11,100.00 | |
| 500 Corporation taxyour approvalto G9100 Corporation tax | 8,286.16 | |
| Totals | 3,084,688.80 | 3,084,688.80 |
| Sage account | Debit | Credit |
|---|---|---|
| 0020 Plant and machineryyour approvalto G1110 Plant, vehicles and equipment: cost | 200,500.00 | |
| 0021 Plant and machinery depreciationyour approvalto G1120 Accumulated depreciation | 107,191.67 | |
| 0030 Office equipmentyour approvalto G1110 Plant, vehicles and equipment: cost | 42,000.00 | |
| 0031 Office equipment depreciationyour approvalto G1120 Accumulated depreciation | 30,500.00 | |
| 0050 Motor vehiclesyour approvalto G1110 Plant, vehicles and equipment: cost | 128,000.00 | |
| 0051 Motor vehicles depreciationyour approvalto G1120 Accumulated depreciation | 62,399.98 | |
| 1001 Stockyour approvalto G2100 Stock | 1,134,067.89 | |
| 1002 Stock provisionyour approvalto G2100 Stock | 38,600.00 | |
| 1100 Debtors control accountyour approvalto G2200 Trade debtors | 1,215,928.67 | |
| 1101 Bad debt provisionyour approvalto G2200 Trade debtors | 16,050.00 | |
| 1103 Prepaymentsyour approvalto G2300 Prepayments and accrued income | 10,959.00 | |
| 1110 Intercompany: Wrenmoor Services Ltdyour approvalto G2400 Intercompany balances | 33,508.86 | |
| 1200 Fernlea Bank current accountyour approvalto G2500 Cash at bank | 164,378.41 | |
| 2100 Creditors control accountyour approvalto G3100 Trade creditors | 555,762.17 | |
| 2109 Accrualsyour approvalto G3200 Accruals | 6,000.00 | |
| 2110 Goods received not invoicedyour approvalto G3200 Accruals | 13,853.00 | |
| 2120 Intercompany: Wrenmoor Holdings Ltdyour approvalto G2400 Intercompany balances | 45,000.00 | |
| 2200 Sales tax control accountyour approvalto G3300 VAT | 344,132.55 | |
| 2201 Purchase tax control accountyour approvalto G3300 VAT | 293,579.08 | |
| 2202 VAT liabilityyour approvalto G3300 VAT | ||
| 2210 PAYE and NIyour approvalto G3310 PAYE and NI | 21,901.59 | |
| 2220 Pension creditoryour approvalto G3320 Pension contributions | 5,273.60 | |
| 2230 Corporation taxyour approvalto G3330 Corporation tax | 125,952.08 | |
| 3000 Ordinary sharesyour approvalto G5100 Share capital | 50,000.00 | |
| 3200 Profit and loss reserveyour approvalto G5200 Retained earnings | 1,659,904.59 | |
| 4000 Sales: trade customersyour approvalto G6100 Revenue: parts and spares | 3,206,863.00 | |
| 4010 Sales: Wrenmoor Services Ltdyour approvalto G6190 Revenue: intercompany | 137,298.01 | |
| 4905 Carriage chargedyour approvalto G6100 Revenue: parts and spares | 35,275.50 | |
| 5000 Purchases: parts and sparesyour approvalto G7100 Cost of sales: materials | 2,446,057.73 | |
| 5100 Carriageyour approvalto G7120 Cost of sales: fleet, carriage and hire | 60,661.57 | |
| 5200 Stock movementyour approvalto G7100 Cost of sales: materials | 115,667.89 | |
| 5210 Stock provision movementyour approvalto G7100 Cost of sales: materials | ||
| 7000 Gross wagesyour approvalto G8100 Staff costs | 387,200.00 | |
| 7006 Employer's NIyour approvalto G8100 Staff costs | 49,079.94 | |
| 7007 Employer's pensionyour approvalto G8100 Staff costs | 11,616.00 | |
| 7100 Rent: Wrenmoor Holdings Ltdyour approvalto G8210 Rent: intercompany | 57,000.00 | |
| 7300 Fuel cardsyour approvalto G8300 Vehicles | 15,138.66 | |
| 7301 Vehicle repairs and servicingyour approvalto G8300 Vehicles | 4,509.09 | |
| 7303 Vehicle insuranceyour approvalto G8300 Vehicles | 2,643.00 | |
| 7400 Office, welfare and workwearyour approvalto G8700 Other overheads | 5,110.26 | |
| 7502 Telephoneyour approvalto G8400 IT and communications | 4,080.00 | |
| 7505 Packagingyour approvalto G8700 Other overheads | 12,239.30 | |
| 7506 IT and softwareyour approvalto G8400 IT and communications | 19,800.00 | |
| 7600 Legal and professionalyour approvalto G8500 Professional fees | 3,706.76 | |
| 7601 Audit feesyour approvalto G8500 Professional fees | 6,000.00 | |
| 7700 Equipment hireyour approvalto G8700 Other overheads | 3,720.00 | |
| 7800 Repairs, renewals and wasteyour approvalto G8700 Other overheads | 12,672.78 | |
| 7900 Bank charges and card feesyour approvalto G8700 Other overheads | 9,941.28 | |
| 6201 Advertising and marketingyour approvalto G8700 Other overheads | 15,183.62 | |
| 8100 Bad debtsyour approvalto G8700 Other overheads | 1,850.00 | |
| 8200 Management fees: Wrenmoor Holdings Ltdyour approvalto G8600 Management fees: intercompany | 168,000.00 | |
| 8300 Insuranceyour approvalto G8700 Other overheads | 6,900.00 | |
| 8001 Depreciation: plant and machineryyour approvalto G8800 Depreciation | 9,541.67 | |
| 8003 Depreciation: motor vehiclesyour approvalto G8800 Depreciation | 7,999.98 | |
| 8004 Depreciation: office equipmentyour approvalto G8800 Depreciation | 2,100.00 | |
| 9100 Corporation taxyour approvalto G9100 Corporation tax | 31,952.08 | |
| Totals | 6,577,625.63 | 6,577,625.63 |
| QuickBooks account | Debit | Credit |
|---|---|---|
| 1500 Tools and equipmentyour approvalto G1110 Plant, vehicles and equipment: cost | 96,000.00 | |
| 1510 Tools and equipment: depreciationyour approvalto G1120 Accumulated depreciation | 60,000.00 | |
| 1540 Computer equipmentyour approvalto G1110 Plant, vehicles and equipment: cost | 24,000.00 | |
| 1550 Computer equipment: depreciationyour approvalto G1120 Accumulated depreciation | 17,400.00 | |
| 1100 Accounts receivableyour approvalto G2200 Trade debtors | 373,238.50 | |
| 1110 Accrued incomeyour approvalto G2300 Prepayments and accrued income | 23,900.00 | |
| 1120 Prepaymentsyour approvalto G2300 Prepayments and accrued income | 24,600.00 | |
| 1200 Fernlea Bank current accountyour approvalto G2500 Cash at bank | 549,474.41 | |
| 2100 Accounts payableyour approvalto G3100 Trade creditors | 63,488.64 | |
| 2110 Accrualsyour approvalto G3200 Accruals | 4,800.00 | |
| 2120 Deferred income: maintenance contractsyour approvalto G3210 Deferred income | 190,000.00 | |
| 2130 Intercompany: Wrenmoor Holdings Ltdyour approvalto G2400 Intercompany balances | 31,637.50 | |
| 2140 Intercompany: Wrenmoor Trading Ltdyour approvalto G2400 Intercompany balances | 32,140.28 | |
| 2200 VAT controlyour approvalto G3300 VAT | 212,428.85 | |
| 2210 PAYE and NIyour approvalto G3310 PAYE and NI | 41,633.58 | |
| 2220 Pension payableyour approvalto G3320 Pension contributions | 9,945.60 | |
| 2230 Corporation taxyour approvalto G3330 Corporation tax | 115,532.27 | |
| 2300 Loan from Wrenmoor Holdings Ltdyour approvalto G3400 Intercompany loan payable | 75,000.00 | |
| 3000 Share capitalyour approvalto G5100 Share capital | 25,000.00 | |
| 3100 Retained earningsyour approvalto G5200 Retained earnings | 90,610.94 | |
| 4000 Maintenance contract incomeyour approvalto G6110 Revenue: maintenance and repairs | 1,308,000.00 | |
| 4010 Reactive and repair incomeyour approvalto G6110 Revenue: maintenance and repairs | 386,094.00 | |
| 4020 Parts recharged to customersyour approvalto G6110 Revenue: maintenance and repairs | 82,000.00 | |
| 5000 Parts and materialsyour approvalto G7100 Cost of sales: materials | 134,443.07 | |
| 5010 Parts: Wrenmoor Trading Ltdyour approvalto G7190 Cost of sales: intercompany | 136,157.53 | |
| 5100 Subcontractorsyour approvalto G7130 Cost of sales: subcontract | 94,569.14 | |
| 5200 Engineer wagesyour approvalto G7110 Cost of sales: engineer labour | 583,940.00 | |
| 5210 Engineers' employer's NIyour approvalto G7110 Cost of sales: engineer labour | 75,590.88 | |
| 5220 Engineers' pensionyour approvalto G7110 Cost of sales: engineer labour | 17,518.20 | |
| 5300 Van fuel cardsyour approvalto G7120 Cost of sales: fleet, carriage and hire | 50,497.16 | |
| 5310 Van servicing and repairsyour approvalto G7120 Cost of sales: fleet, carriage and hire | 19,402.30 | |
| 5320 Van insuranceyour approvalto G7120 Cost of sales: fleet, carriage and hire | 12,600.00 | |
| 5330 Van contract hireyour approvalto G7120 Cost of sales: fleet, carriage and hire | 84,000.00 | |
| 5400 Tools and consumablesyour approvalto G7100 Cost of sales: materials | 20,880.37 | |
| 5500 Equipment hireyour approvalto G7120 Cost of sales: fleet, carriage and hire | 14,756.39 | |
| 5600 Waste and refrigerant recoveryyour approvalto G7100 Cost of sales: materials | 4,680.00 | |
| 6000 Office salariesyour approvalto G8100 Staff costs | 129,000.00 | |
| 6010 Office employer's NIyour approvalto G8100 Staff costs | 16,350.00 | |
| 6020 Office pensionyour approvalto G8100 Staff costs | 3,870.00 | |
| 6100 Rent: Wrenmoor Holdings Ltdyour approvalto G8210 Rent: intercompany | 39,000.00 | |
| 6200 Management fees: Wrenmoor Holdings Ltdyour approvalto G8600 Management fees: intercompany | 117,000.00 | |
| 6300 Software and IT supportyour approvalto G8400 IT and communications | 16,200.00 | |
| 6310 Telephone and mobilesyour approvalto G8400 IT and communications | 9,632.94 | |
| 6320 Office running costsyour approvalto G8700 Other overheads | 2,497.81 | |
| 6400 Insuranceyour approvalto G8700 Other overheads | 10,660.00 | |
| 6500 Training and accreditationsyour approvalto G8100 Staff costs | 8,878.38 | |
| 6600 Legal and professionalyour approvalto G8500 Professional fees | 3,334.81 | |
| 6610 Audit feesyour approvalto G8500 Professional fees | 4,800.00 | |
| 6700 Bank chargesyour approvalto G8700 Other overheads | 1,695.00 | |
| 6800 Depreciationyour approvalto G8800 Depreciation | 10,200.00 | |
| 6900 Loan interest: Wrenmoor Holdings Ltdyour approvalto G8910 Interest: intercompany | 2,812.50 | |
| 7000 Corporation taxyour approvalto G9100 Corporation tax | 29,532.27 | |
| Totals | 2,745,711.66 | 2,745,711.66 |