Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
29 February 2024
Directors | |
Company Secretary | WILSON, Matthew Kevin Moore |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 5 | |||||||
Investments | 7 | |||||||
Investment property | 6 | |||||||
Current assets | ||||||||
Stocks | 8 | |||||||
Debtors | 9 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 10 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 11 | ( | ||||||
Provisions for liabilities | 12 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Share premium | ||||||||
Revaluation reserve | ||||||||
Profit and loss account | ||||||||
Shareholders' funds | 13 |
The financial statements were approved and authorised for issue by the Board of Directors on 1 August 2024, and are signed on its behalf by: |
Director Registered Company No. 00883435 |
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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Employee benefits | |
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Current taxation | |
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Deferred tax | |
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Intangible assets | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | Straight line (years) | |||
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Land and buildings | ||||
Fixtures and fittings | ||||
Vehicles | ||||
Office Equipment |
Investments | |
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Investment property | |
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Stocks and work in progress | |
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Financial instruments | |
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Government grants or assistance | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Prior period adjustment |
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Please note the 2023 column in restated due to a prior year adjustment. |
4. | Intangible assets |
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Goodwill | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 March 23 | ||||
At 29 February 24 | ||||
Amortisation and impairment | ||||
At 01 March 23 | ||||
At 29 February 24 | ||||
Net book value | ||||
At 29 February 24 | ||||
At 28 February 23 |
5. | Tangible fixed assets |
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Land & buildings | Vehicles | Fixtures & fittings | Office Equipment | Total | ||||||
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£ | £ | £ | £ | £ | ||||||
Cost or valuation | ||||||||||
At 01 March 23 | ||||||||||
Additions | ||||||||||
At 29 February 24 | ||||||||||
Depreciation and impairment | ||||||||||
At 01 March 23 | ||||||||||
Charge for year | ||||||||||
At 29 February 24 | ||||||||||
Net book value | ||||||||||
At 29 February 24 | ||||||||||
At 28 February 23 |
6. | Investment property |
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The company acquired the properties in February and April 2018 at their market values. The 2020 valuations were made by by directors, on an open market value for existing use basis. |
£ | ||
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Fair value at 01 March 23 | ||
At 29 February 24 |
7. | Fixed asset investments |
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Investments in group understandings and participating interests. |
Investments in groups1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 March 23 | ||||
At 29 February 24 | ||||
Net book value | ||||
At 29 February 24 | ||||
At 28 February 23 |
Notes | |
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1Investments in group undertakings and participating interests |
8. | Stocks |
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2024 | 2023 | |||
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£ | £ | |||
Raw materials and consumables | ||||
Total |
9. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Amounts owed by group undertakings | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
10. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Amounts owed to related parties | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
11. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
12. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
13. | Revaluation reserve |
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The revaluation reserve represents the amount of unrealised surplus created when the freehold properties were revalued, less any deferred tax provision. The reserve represents non-distributable funds. |
£ | ||
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Reserve at 01 March 23 | ||
At 29 February 24 |
14. | Parent-subsidiary relationships |
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