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Financial Statements |
Contents |
Pages |
Officers and professional advisers |
1 |
Statement of financial position |
2 to 3 |
Notes to the financial statements |
4 to 11 |
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Officers and Professional Advisers |
The board of directors |
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Registered office |
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England |
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Accountants |
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Chartered accountants |
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3B Swallowfield Courtyard |
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Wolverhampton Road |
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Oldbury |
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West Midlands |
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B69 2JG |
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Bankers |
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49 South Street |
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Dorchester |
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Dorset |
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DT11DW |
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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 |
7 |
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Debtors |
8 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
9 |
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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 |
10 |
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Taxation including deferred tax |
11 |
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Other provisions |
11 |
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-------- |
-------- |
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32,528 |
26,309 |
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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 |
13 |
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Share premium account |
14 |
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Profit and loss account |
14 |
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Shareholders funds |
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Director |
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Notes to the Financial Statements |
Goodwill |
- |
5% - 10% straight-line |
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Leasehold improvements |
- |
Over the remaining term of the original lease |
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Fixtures and Fittings |
- |
15% reducing balance & 25% straight line |
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Motor Vehicles |
- |
25% straight line |
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Equipment |
- |
25% - 33% straight line |
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Software and Website Development |
- |
25% - 33% straight line |
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Goodwill |
Intellectual property |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 January 2023 and 31 December 2023 |
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Amortisation |
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At 1 January 2023 |
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– |
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Charge for the year |
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– |
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---- |
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At 31 December 2023 |
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– |
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Carrying amount |
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At 31 December 2023 |
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At 31 December 2022 |
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Leasehold improvements |
Fixtures and fittings |
Equipment |
Software |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2023 |
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142,187 |
40,603 |
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Additions |
– |
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34,794 |
– |
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-------- |
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At 31 December 2023 |
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176,981 |
40,603 |
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Depreciation |
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At 1 January 2023 |
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124,520 |
40,603 |
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Charge for the year |
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12,909 |
– |
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At 31 December 2023 |
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137,429 |
40,603 |
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Carrying amount |
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At 31 December 2023 |
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39,552 |
– |
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At 31 December 2022 |
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17,667 |
– |
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-------- |
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2023 |
2022 |
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£ |
£ |
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Raw materials and consumables |
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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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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Amounts owed to group undertakings |
– |
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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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Director loan accounts |
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– |
--------- |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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-------- |
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Dilapidations |
Deferred tax (note 12) |
Total |
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£ |
£ |
£ |
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At 1 January 2023 |
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Additions |
– |
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At 31 December 2023 |
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-------- |
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2023 |
2022 |
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£ |
£ |
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Included in provisions (note 11) |
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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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135 |
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135 |
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585 |
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585 |
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135 |
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135 |
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135 |
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135 |
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135 |
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135 |
Ordinary F shares of £1 each |
179 |
179 |
179 |
179 |
Ordinary G shares of £1 each |
45 |
45 |
45 |
45 |
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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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Later than 5 years |
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