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BALANCE SHEET AT 30/11/2023 |
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| | | | | | 2023 | | | | 2022 |
| | Notes | | | | £ | | | | £ |
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FIXED ASSETS | | | | | | | | | | |
Investment Assets | | 3 | | | | 205,000 | | | | 205,000 |
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CURRENT ASSETS | | | | | | | | | | |
Debtors | | 4 | | 1,686,012 | | | | 53,177 | | |
Cash at bank and in hand | | | | 433,800 | | | | 1,566,964 | | |
| | | | 2,119,812 | | | | 1,620,141 | | |
CREDITORS: Amounts falling due within one year | | 5 | | 121,840 | | | | 278,870 | | |
NET CURRENT ASSETS | | | | | | 1,997,972 | | | | 1,341,271 |
TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | 2,202,972 | | | | 1,546,271 |
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CREDITORS: Amounts falling due after more than one year | | 6 | | | | 2,000,000 | | | | - |
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NET ASSETS | | | | | | 202,972 | | | | 1,546,271 |
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CAPITAL AND RESERVES | | | | | | | | | | |
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Called up share capital | | 7 | | | | 6,090 | | | | 11,180 |
Capital redemption reserve | | 8 | | | | 5,090 | | | | - |
Profit and loss account | | | | | | 191,792 | | | | 1,535,091 |
SHAREHOLDERS' FUNDS | | | | | | 202,972 | | | | 1,546,271 |
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For the year ending 30/11/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. |
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Approved by the board on 22/08/2024 and signed on their behalf by | | | | | | | | | | |
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............................. | | | | | | | | | | |
R A Sirs | | | | | | | | | | |
Director | | | | | | | | | | |
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7. SHARE CAPITAL | | | | 2023 | | 2022 |
| | | | £ | | £ |
Allotted, issued and fully paid: | | | | | | |
600,000 Ordinary shares of £0.01 each | | | | 6,000 | | 11,000 |
900,000 Preference shares of £0.0001 each | | | | 90 | | 180 |
| | | | 6,090 | | 11,180 |
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During the year, the company repurchased the shares held by one of its directors, N J Topliss (500,000 Ordinary shares and 900,000 Preference shares). These shares were cancelled after the balance sheet date but, as the intention was always to cancel them and the timing difference was purely due to practicalities, the cancellation has been accounted for as happening during this year. |