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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—6 |
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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Investments | 5 |
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CURRENT ASSETS | |||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 7 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Share premium account |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 341,849 | 117,456 | |||
Director
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Plant & Machinery |
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Computer Equipment |
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Plant & Machinery | Computer Equipment | Total | |
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Additions |
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Disposals |
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Depreciation | |||
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Provided during the period |
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Disposals |
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Net Book Value | |||
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Subsidiaries | |
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Provision | |
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Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Amounts owed by group undertakings |
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Trade creditors |
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Other taxes and social security |
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Other creditors |
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Accruals and deferred income |
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Directors' loan accounts |
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Amounts owed to group undertakings |
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Aphex Australia Pty Ltd
Subsidiary Undertaking
The subsidiary was charged royalties of £103,676 and provided services during the year amounting to £170,531. At the year end the subsidiary owed £37,652 (2022: £38,654).
IVL Group London Ltd
Parent Undertaking
The parent company provding funding to the company on an unsecured basis which is repayable within one year. Interest charged duting the year amounted to £30,008 The balance owed by the parent company at the year end amounted to £16,833 (2022: owed to the parent company £13,433)
Directors
The directors have operated loan accounts with the company on an unsecured, interest free basis with no fixed date for repayment. The amounts owed to directors at the year end amounted to £57 (2022: £57).