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FINANCIAL STATEMENTS |
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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STATEMENT OF FINANCIAL POSITION |
2023 |
2022 |
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Note |
£ |
£ |
Intangible assets |
5 |
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Tangible assets |
6 |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
8 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
9 |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2023 |
2022 |
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Note |
£ |
£ |
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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Director |
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NOTES TO THE FINANCIAL STATEMENTS |
Goodwill |
- |
Over 20 years |
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Plant & Machinery |
- |
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Furniture & Fixtures |
- |
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Motor Vehicles |
- |
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Office Equipment |
- |
25
% straight line |
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2023 |
2022 |
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£ |
£ |
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UK current tax expense |
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---------- |
---------- |
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Tax on profit |
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Goodwill |
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£ |
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Cost |
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At 1 December 2022 and 30 November 2023 |
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Amortisation |
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At 1 December 2022 |
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Charge for the year |
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---------- |
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At 30 November 2023 |
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---------- |
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Carrying amount |
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At 30 November 2023 |
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---------- |
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At 30 November 2022 |
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Freehold property |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Dec 2022 |
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36,968 |
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Additions |
– |
– |
– |
– |
3,688 |
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Disposals |
– |
– |
– |
(
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– |
(
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-------------- |
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At 30 Nov 2023 |
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40,656 |
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-------------- |
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Depreciation |
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At 1 Dec 2022 |
– |
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35,256 |
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Charge for the year |
– |
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– |
1,625 |
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Disposals |
– |
– |
– |
(
|
– |
(
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-------------- |
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At 30 Nov 2023 |
– |
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36,881 |
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Carrying amount |
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At 30 Nov 2023 |
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– |
3,775 |
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At 30 Nov 2022 |
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1,712 |
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2023 |
2022 |
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£ |
£ |
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Other debtors |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Sovereign International |
– |
69,359 |
Commercial Motor Services - intercompany |
18,452 |
19,172 |
Other creditors |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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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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