Preview

Sample Directors Report

Satisfactory Essays
Open Document
Open Document
810 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sample Directors Report
POFTI NIGERIA LIMITED

AUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 31-12-2008

PAULITICS &CO
(CHARTERED ACCOUNTANTS)

NAME: OSO PAUL

DEPARTMENT: ACCOUNTING

COURSE CODE: ACC302

LEVEL: 300

MATRIC NO: RUN-08-09/ 1601

COURSE TITLE: ADVANCED FINANCIAL ACCOUNTING 2

DATE: 27TH MARCH, 2011

POFTI NIGERIA LIMITED
Content

Corporate information......................................................... 1 Director’s report ............................................................... 2-3
Balance sheet ................................................................4
Profit and loss account........................................................... .5
Notes of the accounts...............................................................6
Value added statement..............................................................7

POFTI NIGERIA LIMITED
CORPORATE INFORMATION FOR THE YEAR ENDED 31ST DECEMBER, 2008 1. BOARD OF DIRECTORS
Mrs Olabisi
Mr Damilare

2. REGISTERED OFFICE
Plot 5&6, Remi Shofoluwe Road, Mile 12 Lagos

3. CORPORATE REFERENCE
Registration number: GE 34859

4. BANKERS
Zenith Bank plc, Lagos
Diamond Bank plc, Lagos
Oceanic Bank plc, Lagos

5. AUDITORS
Paulitics & co
(Chartered accountant)

6. NATURE OF THE BUSINESS
Manufacturing services 7. SHAREHOLDING STRUCTURE
-------------------------------------------------
NAME NO OF SHARES %
-------------------------------------------------
Mrs Olabisi 800,000 80
-------------------------------------------------
Mr Damilare 200,000 20
-------------------------------------------------
TOTAL 1,000,000 100

POFTI NIGERIA LIMITED
DIRECTOS REPORT FOR THE YEAR ENDED 31ST

You May Also Find These Documents Helpful

  • Good Essays

    Summary of The Auditor

    • 1601 Words
    • 7 Pages

    The Auditor by James K. Loebbecke tells a story about the life and career of an auditor named Jack Butler. The book shows Jack’s career from his education all the way to his promotion to partner. Loebbecke designed this story about Jack as a teaching tool to give students an understanding about the life of an auditor.…

    • 1601 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Business Unit 1 P1

    • 581 Words
    • 3 Pages

    | It has more than 1 share holder it’s a private limited company because it’s easy to transfer ownership of the business by selling shares. Its sector is tertiary sector because its providing a service…

    • 581 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Company Handbook

    • 2249 Words
    • 9 Pages

    “Doing our best to offer YOU the thrill you strive, at a price you DESERVE…………………

    • 2249 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Fighting, Ruben Wolfe

    • 534 Words
    • 3 Pages

    Fighting Ruben Wolfe by Markus Zusak is not just about teenage boys fighting. It is also about two teenagers growing up with their family facing financial issues and about family relationships.…

    • 534 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Hooker Furniture Corporation is a growing furniture company in today’s industry and current economic circumstances. This company was incorporated in Virginia in 1924, and is ranked among the nation’s largest publicly top 10 furniture sources. Paul B. Toms Jr. has been Chairman and Chief Executive Officer for Hooker Furniture Corporation since 2000 and has also been with the company since 1983. The Hooker Furniture Corporation home office is located in Martinsville, VA. This company offers wood furniture, metal furniture, and upholstered furniture products. Including home entertainment, home office, accent, dining, bedroom, and bath furniture under the Hooker furniture brand. They also offer youth furniture under the Opus Designs by Hooker Brand. The Hooker Furniture Corporation’s principal customers consist of retailers of residential home furnishings that are broadly dispersed throughout the United States. Their customers also include home furniture retailers in Canada and in more than 20 other countries internationally. Meaning the main geographic area of activity is worldwide.…

    • 1724 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    individual report

    • 1699 Words
    • 7 Pages

    Nowadays it is believed that ethical principles are the foundation of ethical analysis. Each theory can be used for predicting the outcome and following one’s duties to others in order to reach an ethically correct decision. The problems that are discussed in any cases like the AWB LTD scenario can bring significant changes to the decision –making process for others. Also the best approach is to use ethical theories such as Utilitarism, Deontology, Libertarianism etc., in combination in order to obtain the most ethically correct answer and solution possible for each case.…

    • 1699 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Annual Report

    • 906 Words
    • 4 Pages

    1. Identify and explain the main sections of Targetââ?¬â?¢s annual report.
Financial Summary ââ?¬" This section reports the totalor per share amounts for five to ten financial items for the current year and one or more previous years. Financial items from the income statement and the banance sheet that typically are presented are sales, income from continuing operations, net income, net incom per share, net cash provided by operating activities, dividents per common share, and the amount of capital expenditures.…

    • 906 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Letter to Director

    • 406 Words
    • 2 Pages

    I believe that G. Briggs has a reasonable point in his letter regarding teenagers spending most of their time with technology rather than breathing in fresh air and living their lives to the fullest by stepping outside the house. Nobody wants to take out a pen and paper every time they miss their friend and want to write to them. It’s so much easier to email them. Now, computers are so advanced that you can know what is going on half way around the world or the house next door in a matter of seconds. Computers are faster and much more efficient.…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Individual Report

    • 1954 Words
    • 8 Pages

    By considering the development of Herborist, it is obviously not enough that limited the international market to France. Therefore, further expand the international market is imperative. According to the analysis of the following data, we think that United States, Canada and United Kingdom should be taken into account.…

    • 1954 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Sample Grant Proposal Sample

    • 2691 Words
    • 11 Pages

    Use this sample grant proposal to help you in the process of preparing your own request for funding. Check with your state department of education to see if they require a certain format in their request for proposal (RFP). Many foundations also have specific requirements. This sample grant proposal contains: • • • • Sample Cover Letter Sample Cover Page Sample Grant Proposal Sample Letter Format Grant Proposal for Foundations…

    • 2691 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Annual Report 2013

    • 2819 Words
    • 12 Pages

    a single office in the basement of an old building on the U of I campus.…

    • 2819 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Individual Report

    • 877 Words
    • 4 Pages

    This Individual report exemplifies my experiences of functioning as a team member for a marketing report. We had made a team of six members. Our main aim in report was to present a marketing plan and stratagem to re-launch an artifact which is presently being sold in UK restaurant. Basically our team had lots of negotiations about what kind of product is to be chosen. After huge discussing and accepting all team members’ views and opinions, we chose Sony BRAVIA LCD as our final product. Being As a team member I had allocated the role of conducting the primary research for the product and also to maintain my team members prearranged correspond and collect everybody’s thoughts and systematize team meetings.…

    • 877 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Sample Reference Letter

    • 331 Words
    • 2 Pages

    As a student, ---- has demonstrated a love of learning and the level of commitment necessary to succeed in college and beyond. As an educator, I am happy to be able to provide this recommendation for such a deserving student. I have great respect for ---- and truly believe that he is a deserving candidate that you will be proud to have representing your organization.…

    • 331 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    labour relations

    • 57872 Words
    • 369 Pages

    2 has 3 Units, Module 3 has 3 Units, Module 4 has 4 Units and Module…

    • 57872 Words
    • 369 Pages
    Good Essays
  • Better Essays

    individual report

    • 1558 Words
    • 7 Pages

    The European union is formed after the ratification of the Maastricht treaty by members of the European community, by this the economic and political union was established during 1993,later on it expanded and started to involve various central and eastern European nations. The political scope of European economic-community was increased by the establishment of the European Union especially in areas like security policy. It also resulted in the establishment of a central European bank and invention and adoption of a single currency called the Euro.…

    • 1558 Words
    • 7 Pages
    Better Essays