SB Group Holdings Limited false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is Unlicensed restaurants and cafes true true false true 13274965 2022-12-01 2023-11-30 13274965 2023-11-30 13274965 bus:OrdinaryShareClass1 bus:Consolidated 2023-11-30 13274965 bus:Consolidated 2023-11-30 13274965 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2023-11-30 13274965 core:ShareCapital 2023-11-30 13274965 core:ShareCapital bus:Consolidated 2023-11-30 13274965 core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests bus:Consolidated 2023-11-30 13274965 core:CurrentFinancialInstruments bus:Consolidated 2023-11-30 13274965 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13274965 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2023-11-30 13274965 core:Non-currentFinancialInstruments 2023-11-30 13274965 core:Non-currentFinancialInstruments bus:Consolidated 2023-11-30 13274965 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 13274965 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 2023-11-30 13274965 core:OtherResidualIntangibleAssets bus:Consolidated 2023-11-30 13274965 core:FurnitureFittings bus:Consolidated 2023-11-30 13274965 core:MotorVehicles bus:Consolidated 2023-11-30 13274965 core:OfficeEquipment 2023-11-30 13274965 core:OfficeEquipment bus:Consolidated 2023-11-30 13274965 bus:FRS102 bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:AuditExemptWithAccountantsReport bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:FullAccounts bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:RegisteredOffice bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:Director1 2022-12-01 2023-11-30 13274965 bus:Director1 bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:OrdinaryShareClass1 bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:PrivateLimitedCompanyLtd bus:Consolidated 2022-12-01 2023-11-30 13274965 bus:Agent1 2022-12-01 2023-11-30 13274965 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2022-12-01 2023-11-30 13274965 core:ShareCapital bus:Consolidated 2022-12-01 2023-11-30 13274965 core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests bus:Consolidated 2022-12-01 2023-11-30 13274965 core:IntangibleAssetsOtherThanGoodwill bus:Consolidated 2022-12-01 2023-11-30 13274965 core:OtherResidualIntangibleAssets bus:Consolidated 2022-12-01 2023-11-30 13274965 core:OtherAssetsUnderOperatingLeases bus:Consolidated 2022-12-01 2023-11-30 13274965 core:FurnitureFittings bus:Consolidated 2022-12-01 2023-11-30 13274965 core:MotorVehicles bus:Consolidated 2022-12-01 2023-11-30 13274965 core:OfficeEquipment 2022-12-01 2023-11-30 13274965 core:OfficeEquipment bus:Consolidated 2022-12-01 2023-11-30 13274965 countries:England bus:Consolidated 2022-12-01 2023-11-30 13274965 2022-11-30 13274965 bus:Consolidated 2022-11-30 13274965 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2022-11-30 13274965 core:ShareCapital 2022-11-30 13274965 core:ShareCapital bus:Consolidated 2022-11-30 13274965 core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests bus:Consolidated 2022-11-30 13274965 core:OtherResidualIntangibleAssets bus:Consolidated 2022-11-30 13274965 core:FurnitureFittings bus:Consolidated 2022-11-30 13274965 core:MotorVehicles bus:Consolidated 2022-11-30 13274965 core:OfficeEquipment 2022-11-30 13274965 core:OfficeEquipment bus:Consolidated 2022-11-30 13274965 2022-11-30 13274965 bus:OrdinaryShareClass1 bus:Consolidated 2022-11-30 13274965 bus:Consolidated 2022-11-30 13274965 core:CurrentFinancialInstruments bus:Consolidated 2022-11-30 13274965 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13274965 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2022-11-30 13274965 core:Non-currentFinancialInstruments 2022-11-30 13274965 core:Non-currentFinancialInstruments bus:Consolidated 2022-11-30 13274965 core:Non-currentFinancialInstruments core:AfterOneYear 2022-11-30 13274965 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 2022-11-30 13274965 core:OtherResidualIntangibleAssets bus:Consolidated 2022-11-30 13274965 core:FurnitureFittings bus:Consolidated 2022-11-30 13274965 core:MotorVehicles bus:Consolidated 2022-11-30 13274965 core:OfficeEquipment 2022-11-30 13274965 core:OfficeEquipment bus:Consolidated 2022-11-30 13274965 bus:Consolidated 2021-12-01 2022-11-30 13274965 core:OtherAssetsUnderOperatingLeases bus:Consolidated 2021-12-01 2022-11-30 13274965 2021-11-30 13274965 core:ShareCapital 2021-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13274965

SB Group Holdings Limited

Annual Report and Consolidated Financial Statements

for the Year Ended 30 November 2023

 

SB Group Holdings Limited

Contents

Company Information

1

Strategic Report

2

Director's Report

3

Accountants' Report

4

Statement of Director's Responsibilities

5

Consolidated Balance Sheet

6 to 7

Balance Sheet

8

Consolidated Statement of Changes in Equity

9

Statement of Changes in Equity

10

Notes to the Financial Statements

11 to 18

 

SB Group Holdings Limited

Company Information

Director

Gavin Sahota

Registered office

Epsilon House West Road, Ransomes Industrial Estate
Ipswich
IP3 9FJ

 

SB Group Holdings Limited

Strategic Report for the Year Ended 30 November 2023

The director presents the strategic report for the year ended 30 November 2023.

Principal activity

The principal activity of the group is Unlicensed restaurants and cafes

Fair review of the business

The director is satisfied with the performance of the group.

Principal risks and uncertainties

The Board is responsible for setting the Group’s risk appetite and ensuring that appropriate risk management systems are in place. The Board reviews the Group’s principal risks throughout the year as part of its normal agenda, adopting an integrated approach to risk management by regularly discussing the principal risks as a part of key agenda items.

Approved by the director on 11 August 2024 and signed on its behalf by:

.........................................
Gavin Sahota
Director

   
     
 

SB Group Holdings Limited

Director's Report for the Year Ended 30 November 2023

The report and the for the year ended 30 November 2023.

Director of the group

The director who held office during the year was as follows:

Gavin Sahota

Financial instruments

Price risk, credit risk, liquidity risk and cash flow risk

There is no risk of going concern for foreseeable future.

Approved by the director on 11 August 2024 and signed on its behalf by:

.........................................
Gavin Sahota
Director

   
     
 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
SB Group Holdings Limited
for the Year Ended 30 November 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SB Group Holdings Limited for the year ended 30 November 2023 as set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of SB Group Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 18 March 2021. Our work has been undertaken solely to prepare for your approval the accounts of SB Group Holdings Limited and state those matters that we have agreed to state to the Board of Directors of SB Group Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SB Group Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SB Group Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SB Group Holdings Limited. You consider that SB Group Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SB Group Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Milton Accountants Ltd
Chartered Certified Accountants
19-21 Eastern Road
Romford
RM1 3NH

11 August 2024

 

SB Group Holdings Limited

Statement of Director's Responsibilities

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless satisfied that they give a true and fair view of the state of affairs of the group and the company and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the group's and the company's transactions and disclose with reasonable accuracy at any time the financial position of the group and the company and enable to ensure that the financial statements comply with the Companies Act 2006. also responsible for safeguarding the assets of the group and the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

SB Group Holdings Limited

(Registration number: 13274965)
Consolidated Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

9

72,684

90,000

Tangible assets

10

1,688,106

2,065,214

 

1,760,790

2,155,214

Current assets

 

Stocks

54,804

66,293

Debtors

11

765,293

377,649

Cash at bank and in hand

 

104,011

150,072

 

924,108

594,014

Creditors: Amounts falling due within one year

13

(856,655)

(669,596)

Net current assets/(liabilities)

 

67,453

(75,582)

Total assets less current liabilities

 

1,828,243

2,079,632

Creditors: Amounts falling due after more than one year

13

(3,195,981)

(2,981,611)

Net liabilities

 

(1,367,738)

(901,979)

Capital and reserves

 

Called up share capital

14

100

100

Retained earnings

(1,367,838)

(902,079)

Equity attributable to owners of the company

 

(1,367,738)

(901,979)

Shareholders' deficit

 

(1,367,738)

(901,979)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 11 August 2024
 

 

SB Group Holdings Limited

(Registration number: 13274965)
Consolidated Balance Sheet as at 30 November 2023

.........................................
Gavin Sahota
Director

   
     
 

SB Group Holdings Limited

(Registration number: 13274965)
Balance Sheet as at 30 November 2023

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 11 August 2024
 

.........................................
Gavin Sahota
Director

   
     
 

SB Group Holdings Limited

Consolidated Statement of Changes in Equity for the Year Ended 30 November 2023
Equity attributable to the parent company

Share capital
£

Retained earnings
£

Total
£

Total equity
£

At 1 December 2022

100

(902,256)

(902,156)

(902,156)

Loss for the year

-

(465,582)

(465,582)

(465,582)

At 30 November 2023

100

(1,367,838)

(1,367,738)

(1,367,738)

 

SB Group Holdings Limited

Statement of Changes in Equity for the Year Ended 30 November 2023

Share capital
£

Total
£

At 1 December 2022

100

100

At 30 November 2023

100

100

Share capital
£

Total
£

At 1 December 2021

100

100

At 30 November 2022

100

100

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Epsilon House West Road, Ransomes Industrial Estate
Ipswich
IP3 9FJ
England

These financial statements were authorised for issue by the director on 11 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Basis of consolidation

The consolidated financial statements consolidate the financial statements of the company and its subsidiary undertakings drawn up to 30 November 2023.

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

A subsidiary is an entity controlled by the company. Control is achieved where the company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

The results of subsidiaries acquired or disposed of during the year are included in the Profit and Loss Account from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the group.

The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill.

Inter-company transactions, balances and unrealised gains on transactions between the company and its subsidiaries, which are related parties, are eliminated in full.

Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the consolidated financial statements.

Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified separately from the group’s equity therein. Non-controlling interests consist of the amount of those interests at the date of the original business combination and the non-controlling shareholder’s share of changes in equity since the date of the combination.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the group’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the group.

The group recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the group's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33.33% Straight Line

Furniture and fittings

20% Reducing Balance Method

Motor vehicles

20% Straight Line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Other Intangible assets

20% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the group does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the group has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Turnover

The analysis of the group's turnover for the year from continuing operations is as follows:

2023
£

2022
£

Sale of goods

8,611,847

9,833,252

4

Operating loss

Arrived at after charging/(crediting)

2023
£

2022
£

Depreciation expense

431,635

591,970

Amortisation expense

17,316

17,316

Operating lease expense - other

4,145

4,565

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

5

Interest payable and similar expenses

2023
£

2022
£

Interest on bank overdrafts and borrowings

49,265

43,361

6

Staff costs

The aggregate payroll costs (including director's remuneration) were as follows:

2023
£

2022
£

Wages and salaries

2,301,706

2,705,008

Social security costs

127,381

145,520

Pension costs, defined contribution scheme

29,917

30,440

2,459,004

2,880,968

The average number of persons employed by the group (including the director) during the year, analysed by category was as follows:

2023
No.

2022
No.

Administration and support

175

237

175

237

7

Director's remuneration

The director's remuneration for the year was as follows:

2023
£

2022
£

Remuneration

36,000

36,000

8

Taxation

9

Intangible assets

Group

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

Other intangible assets
 £

Total
£

Cost or valuation

At 1 December 2022

107,316

107,316

At 30 November 2023

107,316

107,316

Amortisation

At 1 December 2022

17,316

17,316

Amortisation charge

17,316

17,316

At 30 November 2023

34,632

34,632

Carrying amount

At 30 November 2023

72,684

72,684

At 30 November 2022

90,000

90,000

10

Tangible assets

Group

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2022

3,538,290

19,363

47,144

3,604,797

Additions

35,197

-

19,330

54,527

At 30 November 2023

3,573,487

19,363

66,474

3,659,324

Depreciation

At 1 December 2022

1,508,101

13,082

18,400

1,539,583

Charge for the year

413,027

5,313

13,295

431,635

At 30 November 2023

1,921,128

18,395

31,695

1,971,218

Carrying amount

At 30 November 2023

1,652,359

968

34,779

1,688,106

At 30 November 2022

2,030,189

6,281

28,744

2,065,214

Company

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

Office equipment
£

Total
£

Cost or valuation

At 1 December 2022

1,418

1,418

At 30 November 2023

1,418

1,418

Depreciation

At 1 December 2022

472

472

Charge for the year

473

473

At 30 November 2023

945

945

Carrying amount

At 30 November 2023

473

473

At 30 November 2022

945

945

11

Debtors

 

Group

Company

Current

2023
£

2022
£

2023
£

2022
£

Trade debtors

7,228

72,295

-

-

Other debtors

720,684

264,914

35,308

17,061

Prepayments

37,381

40,440

-

-

 

765,293

377,649

35,308

17,061

12

Cash and cash equivalents

 

Group

Company

2023
£

2022
£

2023
£

2022
£

Cash on hand

9,066

13,862

-

-

Cash at bank

94,945

136,210

5,677

327

104,011

150,072

5,677

327

13

Creditors

   

Group

Company

Note

2023
£

2022
£

2023
£

2022
£

 

SB Group Holdings Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

   

Group

Company

Note

2023
£

2022
£

2023
£

2022
£

Due within one year

 

Trade creditors

 

370,381

337,002

32,999

(81)

Social security and other taxes

 

457,935

270,117

1,819

10,471

Outstanding defined contribution pension costs

 

4,243

3,982

853

1,030

Accruals

 

24,096

58,495

250

250

 

856,655

669,596

35,921

11,670

Due after one year

 

Loans and borrowings

15

660,785

777,489

-

-

Other non-current financial liabilities

 

2,535,196

2,204,122

5,435

6,562

 

3,195,981

2,981,611

5,435

6,562

14

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

15

Loans and borrowings

Non-current loans and borrowings

 

Group

Company

2023
£

2022
£

2023
£

2022
£

Bank borrowings

660,785

777,489

-

-