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For the year ended |
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Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
3 |
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Officers and Professional Advisers |
THE BOARD OF DIRECTORS |
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COMPANY SECRETARY |
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REGISTERED OFFICE |
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AUDITOR |
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Chartered accountants & statutory auditor |
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Potton House |
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Wyboston Lakes |
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Great North Road |
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Wyboston |
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Bedford |
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MK44 3BZ |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Tangible assets |
6 |
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Debtors |
7 |
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Creditors: amounts falling due within one year |
8 |
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Net current liabilities |
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Total assets less current liabilities |
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Taxation including deferred tax |
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Net assets |
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Called up share capital |
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Profit and loss account |
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--------- |
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Shareholders funds |
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--------- |
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Director |
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Notes to the Financial Statements |
Leasehold property |
- |
5% per annum straight line
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Plant and equipment |
- |
5% - 20% per annum straight line
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Office and laboratory equipment |
- |
10% - 20% per annum straight line
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2023 |
2022 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Other pension costs |
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--------- |
--------- |
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--------- |
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2023 |
2022 |
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£ |
£ |
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Group relief receipt/ (provided) |
– |
(
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Origination and reversal of timing differences |
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------- |
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Tax on profit |
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------- |
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2023 |
2022 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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-------- |
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Profit on ordinary activities by rate of tax |
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Adjustment to tax charge in respect of prior periods |
(
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Effect of expenses not deductible for tax purposes |
– |
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Effect of capital allowances and depreciation |
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– |
Enhanced capital allowances |
(
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(
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Tax rate changes |
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-------- |
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Tax on profit |
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Leasehold Property |
Plant & Equipment |
Office & Laboratory Equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2023 |
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Additions |
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– |
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At 31 December 2023 |
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Depreciation |
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At 1 January 2023 |
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Charge for the year |
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--------- |
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At 31 December 2023 |
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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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2023 |
2022 |
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£ |
£ |
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Other debtors |
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2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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2023 |
2022 |
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£ |
£ |
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Included in provisions |
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2023 |
2022 |
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£ |
£ |
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Accelerated capital allowances |
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Unused tax losses |
(
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– |
Pension plan obligations |
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(
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561,426 |
555,264 |
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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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Name of Party | Description of Transactions | Income | Expenditure | Balance 2023 Dr / (Cr) | Balance 2022 Dr / (Cr) | |
£ | £ | £ | £ | |||
Omex Agriculture Limited | Services supplied | 2,343,387 | (1,890,050) | (1,888,078) | ||
Interest | 213,878 | |||||
Management services | 34,216 | |||||