Net worth · 30 Jun 2026
£556,800.00
Total assets less total liabilities · GBP
Total assets
£712,500
6 nominals · 2 liquid · 3 estate
Total liabilities
£155,700
3 nominals · 1 long-term
Retained P&L
£21,800
YTD · Apr–Jun 2026
Assets
What the entity owns
6 accounts
Code
Account
Amount
1200
Bank — Starling
£132,100.00
1100
Accounts receivable
£14,600.00
1250
Gig clearing
£800.00
Estate · summary balances
per-item registers coming
Total assets
£712,500.00
Liabilities
What the entity owes
3 accounts
Code
Account
Amount
2300
Mortgage / loan
£150,000.00
2200
Output VAT
£4,200.00
2100
Payments on account
£1,500.00
Total liabilities
£155,700.00
Equity reconciliation
Assets £712,500
−
Liabilities £155,700
=
Net worth £556,800.00
Trial balance · 30 Jun 2026
16 accounts · sorted by code within type
Currency · GBP
| Code | Account | Type | Debit | Credit | Balance | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| 1100 | Accounts receivable | Assets | 14,600.00 | — | 14,600.00 | |
| 1200 | Bank — Starling | Assets | 132,100.00 | — | 132,100.00 | |
| 1250 | Gig clearing | Assets | 800.00 | — | 800.00 | |
| 1500 | Investment property | Assets | 450,000.00 | — | 450,000.00 | |
| 1510 | Precious metals | Assets | 80,000.00 | — | 80,000.00 | |
| 1520 | Vehicles | Assets | 35,000.00 | — | 35,000.00 | |
| Liabilities | ||||||
| 2100 | Payments on account | Liabilities | — | 1,500.00 | 1,500.00 | |
| 2200 | Output VAT | Liabilities | — | 4,200.00 | 4,200.00 | |
| 2300 | Mortgage / loan | Liabilities | — | 150,000.00 | 150,000.00 | |
| Equity | ||||||
| 3000 | Opening equity | Equity | — | 535,000.00 | 535,000.00 | |
| 3100 | Retained P&L | Equity | — | 21,800.00 | 21,800.00 | |
| Income | ||||||
| 4000 | Sales — events | Income | — | 15,000.00 | 15,000.00 | |
| 4100 | Sales — shop | Income | — | 1,000.00 | 1,000.00 | |
| Expenses | ||||||
| 5000 | Cost of sales | Expenses | 7,200.00 | — | 7,200.00 | |
| 6100 | Professional fees | Expenses | 2,200.00 | — | 2,200.00 | |
| 6200 | Bank charges | Expenses | 200.00 | — | 200.00 | |
|
Balanced
Total debits match total credits to the penny
|
727,100.00 | 727,100.00 | diff 0.00 | |||
Journals · recent postings
Append-only · corrections by reversing entry only
ID
Date
Source
Memo · ref
Lines
Amount
Double-entry lines · J-00482
Debits = Credits
| # | Account | Memo | Debit | Credit |
|---|---|---|---|---|
| 01 | 1250Gig clearing | WooCommerce order WC-PLG-4827 | 1,200.00 | — |
| 02 | 4100Sales — shop | Net of VAT | — | 1,000.00 |
| 03 | 2200Output VAT | VAT @ 20% | — | 200.00 |
| 04 | 5000Cost of sales | Fulfilment cost | 480.00 | — |
| Totals | 1,680.00 | 1,200.00 | ||
J-00481
26 Jun
event
3 lines
£3,600.00
Stripe payout
STR-payout-2026-06-26
J-00478
24 Jun
reversal
3 lines
−£2,400.00
Void invoice INV-1004 — Maple & Co
INV-1004
·
reverses J-00461
J-00461
18 Jun
invoice
2 lines
£2,400.00
void
Invoice INV-1004 — Maple & Co
INV-1004
·
reversed by J-00478
J-00455
14 Jun
manual
2 lines
£6,000.00
Payment received for INV-1001
BNK-Star-14062026
J-00442
08 Jun
invoice
3 lines
£3,600.00
Invoice INV-1003 — Riverside Trust
INV-1003
J-00438
03 Jun
invoice
3 lines
£6,000.00
Invoice INV-1002 — Borough Gallery
INV-1002
J-00425
20 May
invoice
3 lines
£12,000.00
Invoice INV-1001 — Acme Events Ltd
INV-1001
J-00001
01 Apr
opening
8 lines
£68,500.00
Opening balances
OPENING-2026
Showing 9 of 1,847 entries
Page 1 of 206
AR ageing · as of 30 Jun 2026
Days past due date · GBP
Current
£0
no invoices
1–30 d
£6,000
1 invoice
31–60 d
£6,000
1 invoice
61–90 d
£2,600
1 invoice
90+ d
£0
no invoices
Total outstanding
£14,600.00
4 invoices · 1 void
Invoices
4 invoices · sales ledger
| Number | Customer | Issued | Due | Status | Total | Paid | Outstanding |
|---|---|---|---|---|---|---|---|
| INV-1001 | Acme Events Ltd | 20 Apr | 10 May· overdue | ◑Part paid | £12,000.00 | £6,000.00 | £6,000.00 |
| INV-1002 | Borough Gallery | 02 Jun | 01 Jul | ◐Sent | £6,000.00 | — | £6,000.00 |
| INV-1003 | Riverside Trust | 08 Mar | 22 Apr· overdue | ◑Part paid | £3,600.00 | £1,000.00 | £2,600.00 |
| INV-1004 | Maple & Co | 18 Jun | 18 Jul | ×Void | £2,400.00 | — | — |
| Totals · excluding voided | £21,600.00 | £7,000.00 | £14,600.00 | ||||
Gross profit · period
The number that matters
£21,800.00
Total income less cost of sales · 1 Apr 2026 – 30 Jun 2026
Total income
£21,800
2 nominals · invoices & events
Net profit
£21,800
Net margin
100.0%
Retained P&L
£21,800
Carried to balance sheet · 3100
Profit & loss · Family Office Demo Ltd
Period report · accrual basis · GBP
Period
1 Apr 2026
→
30 Jun 2026
Income
4000
Service revenue
Invoices raised in the period · 3 invoices
£18,000.00
4010
Online shop sales
Stripe payouts & direct shop events
£3,800.00
Total income
£21,800.00
Cost of sales
latent until purchases are recorded
—
No cost-of-sales entries posted for this period yet. When purchases are recorded, the lines will populate here.
—
Total cost of sales
£0.00
Gross profit
Gross margin
100.0%
£21,800.00
Operating expenses
latent until expenses are recorded
—
No operating expenses posted for this period yet. Salary, rent, software and admin lines will land here once posted.
—
Total operating expenses
£0.00
Net profit
Net margin
100.0%
£21,800.00
Basis
Accrual · revenue recognised when invoiced
Carries to
Equity · 3100 Retained P&L
VAT return · UK · Family Office Demo Ltd
Scheme: Cash accounting ·
Period 01 Apr 2026 → 30 Jun 2026
Basis
Output VAT · accrual
Reporting
£4,200.00
VAT charged on invoices raised in the period — the whole picture, used in management reports.
Timing difference
£2,433.33
on outstanding AR · not yet received
Output VAT · cash
Filing
£1,766.67
VAT on payments actually received this period. This is the figure filed to HMRC.
UK VAT return · boxes 1–9
Cash basis · Apr–Jun 2026
1
£1,766.67
VAT due on sales and other outputs
2
£0.00
VAT due on acquisitions from EU member states
3
£1,766.67
Total VAT due (boxes 1 + 2)
4
—
VAT reclaimed on purchases and other inputs
latent until purchases are recorded
5
£1,766.67
Net VAT to be paid to HMRC (box 3 − box 4)
6
£6,000.00
Total value of sales and other outputs, ex-VAT
7
—
Total value of purchases and other inputs, ex-VAT
latent until purchases are recorded
8
£0.00
Goods supplied to other EU member states, ex-VAT
9
£0.00
Acquisitions from EU member states, ex-VAT