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For the year ended |
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Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Directors' report |
3 |
Independent auditor's report to the member |
5 |
Statement of comprehensive income |
9 |
Statement of financial position |
10 |
Statement of changes in equity |
11 |
Notes to the financial statements |
12 |
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Officers and Professional Advisers |
The board of directors |
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Registered office |
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Auditor |
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Chartered accountants & statutory auditor |
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Enterprise House |
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38 Tyndall Court |
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Commerce Road |
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Lynch Wood |
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Peterborough |
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Cambridgeshire |
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PE2 6LR |
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Bankers |
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133-138 New Street |
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Birmingham |
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B2 4JQ |
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Strategic Report |
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Director |
Registered office: |
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Directors' Report |
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Director |
Registered office: |
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Independent Auditor's Report to the Member of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
Enterprise House |
38 Tyndall Court |
Commerce Road |
Lynch Wood |
Peterborough |
Cambridgeshire |
PE2 6LR |
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Statement of Comprehensive Income |
2022 |
2021 |
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Note |
£ |
£ |
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Turnover |
4 |
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--------- |
--------- |
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Gross profit |
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Administrative expenses |
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Operating profit |
5 |
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Inter-group loan write off |
6 |
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– |
Amounts written off investments |
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Interest payable and similar expenses |
7 |
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Loss before taxation |
(
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(
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Tax on loss |
8 |
(
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– |
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Loss for the financial year |
(
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(
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Revaluation of tangible assets |
– |
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Tax relating to components of other comprehensive income |
– |
(
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Other comprehensive income for the year |
– |
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Total comprehensive income for the year |
(
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
Tangible assets |
9 |
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Investments |
10 |
– |
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Debtors |
11 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
12 |
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Net current assets/(liabilities) |
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(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
13 |
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– |
Provisions |
14 |
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Net assets |
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Called up share capital |
16 |
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Revaluation reserve |
17 |
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Profit and loss account |
17 |
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Shareholder funds |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Revaluation reserve |
Profit and loss account |
Total |
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Note |
£ |
£ |
£ |
£ |
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At 1 January 2021 |
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Loss for the year |
(
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(
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Other comprehensive income for the year: |
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Revaluation of tangible assets |
9 |
– |
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– |
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Reclassification from revaluation reserve to profit and loss account |
– |
(
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– |
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Tax relating to components of other comprehensive income |
8 |
– |
(
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– |
(
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---- |
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Total comprehensive income for the year |
– |
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At 31 December 2021 |
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Loss for the year |
(
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(
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Other comprehensive income for the year: |
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Reclassification from revaluation reserve to profit and loss account |
– |
(
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– |
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Total comprehensive income for the year |
– |
(
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(
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(
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---- |
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At 31 December 2022 |
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Notes to the Financial Statements |
Freehold property |
- |
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2022 |
2021 |
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£ |
£ |
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Rental income |
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--------- |
--------- |
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2022 |
2021 |
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£ |
£ |
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Depreciation of tangible assets |
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--------- |
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2022 |
2021 |
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£ |
£ |
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Write off amounts owed from group companies |
1,477,362 |
– |
------------ |
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2022 |
2021 |
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£ |
£ |
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Interest on banks loans and overdrafts |
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--------- |
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2022 |
2021 |
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£ |
£ |
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Origination and reversal of timing differences |
(
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– |
--------- |
---- |
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Tax on loss |
(
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– |
--------- |
---- |
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2022 |
2021 |
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£ |
£ |
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Loss on ordinary activities before taxation |
(
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(
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Loss on ordinary activities by rate of tax |
(
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Effect of capital allowances and depreciation |
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Effect of revenue exempt from tax |
(
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– |
Utilisation of tax losses |
– |
(
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Tax on loss |
(
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– |
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Freehold property |
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£ |
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Cost |
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At 1 January 2022 and 31 December 2022 |
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------------- |
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Depreciation |
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At 1 January 2022 |
– |
Charge for the year |
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------------- |
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At 31 December 2022 |
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Carrying amount |
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At 31 December 2022 |
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At 31 December 2021 |
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Freehold property |
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£ |
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At 31 December 2022 |
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Aggregate cost |
6,850,000 |
Aggregate depreciation |
(650,000) |
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Carrying value |
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At 31 December 2021 |
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Aggregate cost |
6,850,000 |
Aggregate depreciation |
(650,000) |
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Carrying value |
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Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2022 and 31 December 2022 |
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Impairment |
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At 1 January 2022 |
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Revaluations |
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------------ |
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At 31 December 2022 |
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Carrying amount |
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At 31 December 2022 |
– |
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At 31 December 2021 |
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Registered office |
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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369 Wellingborough Road |
Ordinary |
100 |
Northampton |
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NN1 4EU |
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2022 |
2021 |
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£ |
£ |
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Amounts owed by group undertakings |
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Prepayments and accrued income |
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------------ |
--------- |
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2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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Amounts owed to group undertakings |
– |
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--------- |
------------ |
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--------- |
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2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
------------ |
---- |
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Deferred tax (note 15) |
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£ |
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At 1 January 2022 |
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Charge against provision |
(
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------------ |
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At 31 December 2022 |
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2022 |
2021 |
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£ |
£ |
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Included in provisions (note 14) |
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------------ |
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2022 |
2021 |
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£ |
£ |
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Revaluation of tangible assets |
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------------ |
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2022 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
---- |
---- |
---- |
---- |
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2022 |
2021 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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Later than 5 years |
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