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Financial Statements |
Contents |
Page |
Strategic report |
1 |
Directors' report |
2 |
Directors' responsibilities statement |
4 |
Independent auditor's report to the members |
5 |
Statement of comprehensive income |
10 |
Statement of financial position |
11 |
Statement of changes in equity |
12 |
Statement of cash flows |
13 |
Notes to the financial statements |
14 |
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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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Directors' Responsibilities Statement |
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
Suite 1, First floor |
1 Duchess Street |
London |
W1W 6AN |
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Statement of Comprehensive Income |
2023 |
2022 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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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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Other interest receivable and similar income |
9 |
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Interest payable and similar expenses |
10 |
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– |
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Profit before taxation |
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Tax on profit |
11 |
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--------- |
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Profit for the financial year and total comprehensive income |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Tangible assets |
12 |
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Investments |
13 |
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-------- |
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Debtors |
14 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
15 |
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Net current assets |
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Total assets less current liabilities |
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Taxation including deferred tax |
16 |
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Net assets |
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Called up share capital |
20 |
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Capital redemption reserve |
21 |
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Profit and loss account |
21 |
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Shareholders funds |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Capital redemption reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 October 2021 |
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Profit for the year |
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--------- |
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--------- |
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Total comprehensive income for the year |
– |
– |
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At 30 September 2022 |
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Profit for the year |
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--------- |
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Total comprehensive income for the year |
– |
– |
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Cancellation of subscribed capital |
(
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(
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(
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-------- |
-------- |
--------- |
--------- |
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Total investments by and distributions to owners |
(
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(
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(
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--------- |
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------------ |
------------ |
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At 30 September 2023 |
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Statement of Cash Flows |
2023 |
2022 |
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Note |
£ |
£ |
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Cash generated from operations |
22 |
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Interest paid |
(
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– |
Interest received |
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Tax paid |
(
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(
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Net cash from operating activities |
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------------ |
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Purchase of tangible assets |
(
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(
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------------ |
------------ |
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Net cash used in investing activities |
(
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(
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Purchase of own shares |
(
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– |
Proceeds from borrowings |
– |
(
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Net cash used in financing activities |
(
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(
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
6,154,045 |
4,919,691 |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
Computer Systems |
- |
20% - 25% straight line |
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Fixtures, Fittings & Equipment |
- |
20% - 25% straight line |
|
2023 |
2022 |
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£ |
£ |
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Aircraft charter brokerage services |
41,070,903 |
31,750,716 |
------------- |
------------- |
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2023 |
2022 |
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£ |
£ |
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United Kingdom |
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Overseas |
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------------- |
------------- |
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------------- |
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2023 |
2022 |
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£ |
£ |
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Depreciation of tangible assets |
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Impairment of trade debtors |
(419) |
12,710 |
Foreign exchange differences |
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(
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-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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-------- |
-------- |
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2023 |
2022 |
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No. |
No. |
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Administrative staff |
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Management staff |
2 |
2 |
---- |
---- |
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---- |
---- |
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2023 |
2022 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Other pension costs |
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------------ |
--------- |
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------------ |
--------- |
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2023 |
2022 |
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£ |
£ |
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Remuneration |
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Company contributions to defined contribution pension plans |
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--------- |
--------- |
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--------- |
--------- |
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2023 |
2022 |
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No. |
No. |
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Defined contribution plans |
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---- |
---- |
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2023 |
2022 |
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£ |
£ |
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Interest on cash and cash equivalents |
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------- |
---- |
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2023 |
2022 |
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£ |
£ |
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Other interest payable and similar charges |
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– |
---- |
---- |
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2023 |
2022 |
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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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--------- |
-------- |
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Tax on profit |
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--------- |
-------- |
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2023 |
2022 |
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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 expenses not deductible for tax purposes |
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Effect of capital allowances and depreciation |
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R&D relief |
(2,474) |
(4,344) |
Deferred tax |
300 |
(2,231) |
--------- |
--------- |
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Tax on profit |
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--------- |
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Computer System |
Fixtures, Fittings & Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 October 2022 |
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142,211 |
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Additions |
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11,748 |
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-------- |
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At 30 September 2023 |
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153,959 |
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-------- |
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Depreciation |
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At 1 October 2022 |
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113,250 |
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Charge for the year |
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17,135 |
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-------- |
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At 30 September 2023 |
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130,385 |
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-------- |
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Carrying amount |
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At 30 September 2023 |
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23,574 |
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-------- |
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At 30 September 2022 |
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28,961 |
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-------- |
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Shares in group undertakings |
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£ |
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Cost |
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At 1 October 2022 and 30 September 2023 |
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---- |
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Impairment |
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At 1 October 2022 and 30 September 2023 |
– |
---- |
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Carrying amount |
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At 30 September 2023 |
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---- |
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At 30 September 2022 |
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---- |
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2023 |
2022 |
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£ |
£ |
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The Golden Holiday Company Limited (Dormant) |
100 |
100 |
|
2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Called up share capital not paid |
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Prepayments and accrued income |
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Other debtors |
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------------- |
------------ |
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------------- |
------------ |
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2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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------------- |
------------- |
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Deferred tax (note 17) |
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£ |
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At 1 October 2022 |
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Charge against provision |
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------- |
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At 30 September 2023 |
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------- |
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2023 |
2022 |
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£ |
£ |
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Included in provisions (note 16) |
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------- |
------- |
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2023 |
2022 |
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£ |
£ |
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Accelerated capital allowances |
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------- |
------- |
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2023 |
2022 |
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No. |
£ |
No. |
£ |
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150,000 |
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150,000 |
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69,536 |
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108,176 |
--------- |
--------- |
--------- |
--------- |
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--------- |
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2023 |
2022 |
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£ |
£ |
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Profit for the financial year |
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Adjustments for: |
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Depreciation of tangible assets |
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Other interest receivable and similar income |
(
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(
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Interest payable and similar expenses |
|
– |
Tax on profit |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
(
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(
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Trade and other creditors |
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------------- |
------------ |
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At 1 Oct 2022 |
Cash flows |
At 30 Sep 2023 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
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1,425,703 |
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------------ |
------------ |
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2023 |
2022 |
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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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-------- |
--------- |
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-------- |
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