Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
30 November 2023
Directors | |
Company Secretary | STEELE, Alison Mary, Dr |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investments | 4 | |||||||
Current assets | ||||||||
Debtors | 5,6 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ( | |||||||
Total assets less current liabilities | ||||||||
Provisions for liabilities | 8 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2024, and are signed on its behalf by: |
Director Registered Company No. 05475645 |
1. | Accounting policies |
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Statutory information | |
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Basis of preparation | |
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Functional and presentation currency | |
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Turnover policy | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | Straight line (years) | |||
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Vehicles | ||||
Office Equipment |
Investments | |
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Trade and other debtors | |
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Trade and other creditors | |
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Financial instruments | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Vehicles | Office Equipment | Total | ||||
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£ | £ | £ | ||||
Cost or valuation | ||||||
At 01 December 22 | ||||||
Additions | ||||||
Disposals | ( | ( | ( | |||
At 30 November 23 | ||||||
Depreciation and impairment | ||||||
At 01 December 22 | ||||||
Charge for year | ||||||
On disposals | ( | ( | ( | |||
At 30 November 23 | ||||||
Net book value | ||||||
At 30 November 23 | ||||||
At 30 November 22 |
4. | Fixed asset investments |
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All investments are carried at fair value. Artwork has been valued by a specialist in fine art. Listed investments are all traded in quoted public markets. The basis of fair value for quoted investments is equivalent to the market value using the bid prices. Other investments at 30 November 2023 consists of £15,269,539 relating to artwork (2022: £110,410), £nil cash held for investments (2022: £122,054) and £nil held in listed investments (2022: £18,326,693). |
Other investments1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 December 22 | ||||
Additions | ||||
Disposals | ( | ( | ||
At 30 November 23 | ||||
Net book value | ||||
At 30 November 23 | ||||
At 30 November 22 |
Notes | |
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1Other investments other than loans |
5. | Debtors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
6. | Debtors: amounts due after one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Other debtors | ||||
Total |
7. | Creditors: amounts due within one year |
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2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Accrued liabilities and deferred income | ||||
Total |
8. | Provisions for liabilities |
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2023 | 2022 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
9. | Directors advances, credits and guarantees |
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10. | Related party transactions |
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