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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
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FIXED ASSETS | |||||
Investments | 4 |
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CURRENT ASSETS | |||||
Debtors | 5 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 6 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET LIABILITIES |
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CAPITAL AND RESERVES | |||||
Called up share capital | 7 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | (8,436) | (15,464) | |||
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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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Accruals and deferred income |
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Directors' loan accounts |
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Amounts owed to group undertakings |
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Allotted, called up and fully paid | £ | £ | |
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100 | 100 | |
IVL Group Pty Ltd
Parent Company
The parent company has lent funds to the company on an unsecured with no fixed date for repayment. IVL Group Pty Ltd charged a facility fee of £21,987 to the company during the year.The loan balance owed on to the parent company at 30 June 2023 was £965,476. (2022: £965,476)
Jason Lancini
Director
Mr Lancini has lent and has been lent company funds on an unsecured, interest free basis with no fixed date for repayment. The amount due from Mr Lancini at 30 June 2023 amounted to £3,039 (2022: £3,039).
Aphex Software Limited
Subsidiary Undertaking
The company has lent funds to its subsidiary, Aphex Software Limited, on an unsecured interest free basis with no fixed date for repayment. The balance on the loan owed to the subsidiary at 30 June 2023 was £16,833. (2022: owed by the subsidiary £13,433)