|
|
|
|
FINANCIAL STATEMENTS |
Contents |
Pages |
Officers and professional advisers |
1 |
Directors' report |
2 to 3 |
Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements |
4 |
Statement of comprehensive income |
5 |
Statement of financial position |
6 to 7 |
Statement of changes in equity |
8 |
Notes to the financial statements |
9 to 15 |
|
OFFICERS AND PROFESSIONAL ADVISERS |
The board of directors |
|
|
|
|
|
|
|
|
|
Registered office |
|
|
|
|
|
|
|
Accountants |
|
Chartered Accountants |
|
168 Church Road |
|
Hove |
|
BN3 2DL |
|
|
DIRECTORS' REPORT |
|
|
|
|
|
|
|
|
|
Director |
Registered office: |
|
|
|
|
|
CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF
|
|
STATEMENT OF COMPREHENSIVE INCOME |
2023 |
2022 |
|
Note |
£ |
£ |
Turnover |
|
|
---------- |
---------- |
|
Gross profit |
|
|
Administrative expenses |
|
|
Other operating income |
|
|
---------- |
---------- |
|
Operating (loss)/profit |
(
|
|
Gain on financial assets at fair value through profit or loss |
– |
|
|
Gain on financial liabilities at fair value through profit or loss |
– |
|
|
Income from participating interests |
– |
(
|
|
Other interest receivable and similar income |
|
|
|
Amounts written back to investments |
– |
(
|
|
Interest payable and similar expenses |
|
|
|
---------- |
------------- |
||
(Loss)/profit before taxation |
4 |
(
|
|
Tax on (loss)/profit |
|
|
---------- |
------------- |
|
(Loss)/profit for the financial year and total comprehensive income |
(
|
|
---------- |
------------- |
|
|
STATEMENT OF FINANCIAL POSITION |
2023 |
2022 |
||
Note |
£ |
£ |
£ |
Tangible assets |
5 |
|
|
|
Investments |
6 |
|
|
|
------------- |
------------- |
|||
|
|
|||
Debtors |
7 |
|
|
|
Cash at bank and in hand |
|
|
||
------------- |
------------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
8 |
|
|
|
------------- |
------------- |
|||
Net current assets |
|
|
||
------------- |
------------- |
|||
Total assets less current liabilities |
|
|
||
Creditors: amounts falling due after more than one year |
9 |
– |
|
|
Taxation including deferred tax |
|
|
|
------------- |
------------- |
||
Net assets |
|
|
|
------------- |
------------- |
||
|
STATEMENT OF FINANCIAL POSITION (continued) |
2023 |
2022 |
||
Note |
£ |
£ |
£ |
Called up share capital |
|
|
||
Other reserves |
10 |
|
|
|
Profit and loss account |
10 |
|
|
|
------------- |
------------- |
|||
Shareholders funds |
|
|
||
------------- |
------------- |
|||
|
Director |
|
STATEMENT OF CHANGES IN EQUITY |
Called up share capital |
Other reserves |
Profit and loss account |
Total |
||
£ |
£ |
£ |
£ |
||
At 1 December 2021 |
|
|
|
|
|
Profit for the year |
|
|
|||
Other comprehensive income for the year: |
|||||
Transfer of investment property gains |
– |
844,567 |
(844,567) |
– |
|
--------- |
---------- |
------------- |
------------- |
||
Total comprehensive income for the year |
– |
|
|
|
|
At 30 November 2022 |
|
|
|
|
|
Loss for the year |
(
|
(
|
|||
--------- |
------------- |
------------- |
------------- |
||
Total comprehensive income for the year |
– |
– |
(
|
(
|
|
--------- |
------------- |
------------- |
------------- |
||
At 30 November 2023 |
|
|
|
|
|
--------- |
------------- |
------------- |
------------- |
||
|
NOTES TO THE FINANCIAL STATEMENTS |
Plant and machinery |
- |
|
|
Fixtures, fittings and equipment |
- |
|
|
2023 |
2022 |
|
£ |
£ |
|
Depreciation of tangible assets |
|
|
Reversal of impairment of investments in associates |
– |
(45,000) |
Reversal of impairment of other fixed asset investments |
– |
(6,525) |
------- |
--------- |
|
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Total |
|
£ |
£ |
£ |
£ |
|
Cost |
||||
At 1 December 2022 |
|
|
|
|
Additions |
– |
– |
|
|
Disposals |
(
|
– |
– |
(
|
------------- |
------- |
---------- |
------------- |
|
At 30 November 2023 |
|
|
|
|
------------- |
------- |
---------- |
------------- |
|
Depreciation |
||||
At 1 December 2022 |
– |
|
|
|
Charge for the year |
– |
– |
|
|
------------- |
------- |
---------- |
------------- |
|
At 30 November 2023 |
– |
|
|
|
------------- |
------- |
---------- |
------------- |
|
Carrying amount |
||||
At 30 November 2023 |
|
– |
|
|
------------- |
------- |
---------- |
------------- |
|
At 30 November 2022 |
|
– |
|
|
------------- |
------- |
---------- |
------------- |
|
£ |
|
At 1 December 2022 |
|
Disposals |
(
|
------------- |
|
At 30 November 2023 |
|
------------- |
|
Freehold property |
|
£ |
|
At 30 November 2023 |
|
Aggregate cost |
1,745,944 |
Aggregate depreciation |
– |
------------- |
|
Carrying value |
|
------------- |
|
At 30 November 2022 |
|
Aggregate cost |
2,147,104 |
Aggregate depreciation |
– |
------------- |
|
Carrying value |
|
------------- |
|
Shares in group undertakings |
Shares in participating interests |
Total |
|
£ |
£ |
£ |
|
Cost |
|||
At 1 December 2022 and 30 November 2023 |
|
|
|
--------- |
------- |
--------- |
|
Impairment |
|||
At 1 December 2022 and 30 November 2023 |
|
– |
|
--------- |
------- |
--------- |
|
Carrying amount |
|||
At 30 November 2023 |
|
|
|
--------- |
------- |
--------- |
|
At 30 November 2022 |
|
|
|
--------- |
------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
|
Other debtors |
|
|
------------- |
------------- |
|
|
|
|
------------- |
------------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
– |
|
Trade creditors |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
Corporation tax |
|
|
Social security and other taxes |
– |
|
Other creditors |
|
|
---------- |
------------- |
|
|
|
|
---------- |
------------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
– |
|
---- |
---------- |
|