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For the year ended |
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Financial Statements |
Contents |
Pages |
Statement of financial position |
1 to 2 |
Notes to the financial statements |
3 to 7 |
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Statement of Financial Position |
2021 |
2020 |
||
Note |
£ |
£ |
£ |
Tangible assets |
5 |
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Debtors |
6 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
7 |
(
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(
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--------- |
--------- |
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Net current liabilities |
(
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(
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--------- |
--------- |
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Total assets less current liabilities |
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Taxation including deferred tax |
8 |
(
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(
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Called up share capital |
10 |
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Other reserves |
11 |
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Profit and loss account |
11 |
(
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(
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--------- |
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Shareholders funds |
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--------- |
--------- |
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Statement of Financial Position (continued) |
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Notes to the Financial Statements |
Fixtures and fittings |
- |
25% straight line.
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2021 |
2020 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
(
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– |
------- |
------- |
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Total current tax |
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------- |
------- |
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Origination and reversal of timing differences |
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– |
-------- |
------- |
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Taxation on ordinary activities |
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-------- |
------- |
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2021 |
2020 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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-------- |
-------- |
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Profit on ordinary activities by rate of tax |
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Adjustment to tax charge in respect of prior periods |
(
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– |
Effect of capital allowances and depreciation |
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Unused tax losses |
– |
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Effect of deferred tax on fair value gain exempt from tax |
16,662 |
– |
-------- |
-------- |
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Tax on profit |
|
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-------- |
-------- |
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Freehold investment property |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
|||
At 1 January 2021 and 31 December 2021 |
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--------- |
-------- |
------------ |
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Depreciation |
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At 1 January 2021 |
– |
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Charge for the year |
– |
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--------- |
-------- |
------------ |
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At 31 December 2021 |
– |
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--------- |
-------- |
------------ |
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Carrying amount |
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At 31 December 2021 |
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--------- |
-------- |
------------ |
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At 31 December 2020 |
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--------- |
-------- |
------------ |
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2021 |
2020 |
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£ |
£ |
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Other debtors |
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---- |
---- |
|
2021 |
2020 |
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£ |
£ |
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Amounts due to parent company |
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Accruals and deferred income |
|
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Corporation tax |
|
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Other creditors |
2,200
|
2,200
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--------- |
--------- |
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--------- |
--------- |
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Deferred tax (note 9) |
|
£ |
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At 1 January 2021 |
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Additions |
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-------- |
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At 31 December 2021 |
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-------- |
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2021 |
2020 |
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£ |
£ |
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Included in provisions (note 8) |
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-------- |
-------- |
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2021 |
2020 |
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£ |
£ |
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Fair value adjustment of investment property |
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-------- |
-------- |
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2021 |
2020 |
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No. |
£ |
No. |
£ |
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200,000 |
|
200,000 |
--------- |
--------- |
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Relationship | Transaction Type | 2021 | 2020 | |
£ | £ | |||
Parent company | Amount due to/(from) | 540,644 | 550,644 | |