|
|
|
|
Balance Sheet |
2022 |
2021 |
||
Note |
£ |
£ |
£ |
Tangible assets |
6 |
|
|
|
Investments |
7 |
|
|
|
------------- |
------------- |
|||
|
|
|||
Debtors |
8 |
|
|
|
Investments |
9 |
|
|
|
Cash at bank and in hand |
|
|
||
------------- |
------------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
10 |
(
|
(
|
|
------------- |
------------- |
|||
Net current assets |
|
|
||
------------- |
------------- |
|||
Total assets less current liabilities |
|
|
||
------------- |
------------- |
|||
Net assets |
|
|
||
------------- |
------------- |
|||
Called up share capital |
11 |
|
|
|
Capital redemption reserve |
12 |
|
|
|
Profit and loss account |
12 |
|
|
|
------------- |
------------- |
|||
Shareholders funds |
|
|
||
------------- |
------------- |
|||
|
Director |
|
Notes to the Financial Statements |
2022 |
2021 |
|
£ |
£ |
|
UK current tax (income)/expense |
(
|
|
Adjustments in respect of prior periods |
|
– |
-------- |
-------- |
|
Total current tax |
(
|
|
-------- |
-------- |
|
-------- |
-------- |
|
Tax on (loss)/profit |
(
|
|
-------- |
-------- |
|
2022 |
2021 |
|
£ |
£ |
|
(Loss)/profit on ordinary activities before taxation |
(
|
|
------------ |
------------ |
|
(Loss)/profit on ordinary activities by rate of tax |
(
|
|
Adjustment to tax charge in respect of prior periods |
|
– |
Effect of expenses not deductible for tax purposes |
|
|
Effect of capital allowances and depreciation |
(
|
(
|
Effect of revenue exempt from tax |
(
|
(
|
Effect of fair value adjustments exempt from tax |
808,182 |
(1,044,362) |
Effect of (profit)/loss on disposal of assets per accounts |
345,766 |
(36,142) |
Utilisation of tax losses |
180,885 |
– |
------------ |
------------ |
|
Tax on (loss)/profit |
(
|
|
------------ |
------------ |
|
Investment properties |
|
£ |
|
Cost |
|
At 1 November 2021 and 31 October 2022 |
|
------------ |
|
Depreciation |
|
At 1 November 2021 and 31 October 2022 |
– |
------------ |
|
Carrying amount |
|
At 31 October 2022 |
|
------------ |
|
At 31 October 2021 |
|
------------ |
|
Shares in participating interests |
Unlisted shares |
Artwork |
Fixed income investments |
Total |
|
£ |
£ |
£ |
£ |
£ |
|
Cost |
|||||
At 1 November 2021 |
|
|
|
|
|
Disposals |
– |
– |
– |
(
|
(10,207,255) |
Revaluations |
– |
|
– |
(
|
(
|
--------- |
--------- |
--------- |
------------- |
------------- |
|
At 31 October 2022 |
|
|
|
|
|
--------- |
--------- |
--------- |
------------- |
------------- |
|
Impairment |
|||||
At 1 November 2021 and 31 October 2022 |
– |
– |
– |
– |
– |
--------- |
--------- |
--------- |
------------- |
------------- |
|
Carrying amount |
|||||
At 31 October 2022 |
|
|
|
|
|
--------- |
--------- |
--------- |
------------- |
------------- |
|
At 31 October 2021 |
|
|
|
|
|
--------- |
--------- |
--------- |
------------- |
------------- |
|
2022 |
2021 |
|
£ |
£ |
|
Prepayments and accrued income |
|
|
Corporation tax repayable |
|
– |
Directors loan account |
|
– |
Other debtors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
2022 |
2021 |
|
£ |
£ |
|
Listed investments |
26,236,932 |
25,357,942 |
------------- |
------------- |
|
2022 |
2021 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Accruals and deferred income |
|
|
Corporation tax |
– |
|
Director loan accounts |
– |
|
Other creditors |
|
– |
------------- |
------------- |
|
|
|
|
------------- |
------------- |
|
2022 |
2021 |
|||
No. |
£ |
No. |
£ |
|
|
|
559 |
|
559 |
---- |
---- |
---- |
---- |
|
2022 |
|||||
Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
£ |
||
|
(
|
|
(
|
|
|
-------- |
--------- |
--------- |
-------- |
||
2021 |
|||||
Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
£ |
||
|
|
|
(
|
(
|
|
-------- |
-------- |
-------- |
-------- |
||