|
|
For the year ended |
|
|
Statement of Financial Position |
2023 |
2022 |
|
Note |
£ |
£ |
Intangible assets |
5 |
|
|
Tangible assets |
6 |
|
|
------------- |
------------- |
||
|
|
||
Stocks |
7 |
|
|
Debtors |
8 |
|
|
Cash at bank and in hand |
|
|
|
------------ |
------------ |
||
|
|
||
Creditors: amounts falling due within one year |
9 |
|
|
------------ |
------------ |
||
Net current assets |
|
|
|
------------- |
------------- |
||
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year |
10 |
|
|
Taxation including deferred tax |
|
|
------------- |
------------- |
|
Net assets |
|
|
------------- |
------------- |
|
Called up share capital |
13 |
|
|
Profit and loss account |
(
|
(
|
|
------------ |
------------ |
||
Shareholders funds |
|
|
|
------------ |
------------ |
||
|
Director |
|
Notes to the Financial Statements |
Software Implementation costs |
- |
|
|
Leasehold property |
- |
2.5% and 4% straight line
|
|
Plant and machinery |
- |
6.67% to 10% straight line
|
|
Fixtures and fittings |
- |
|
|
Software |
|
£ |
|
Cost |
|
At 1 January 2023 and 31 December 2023 |
|
--------- |
|
Amortisation |
|
At 1 January 2023 |
|
Charge for the year |
|
--------- |
|
At 31 December 2023 |
|
--------- |
|
Carrying amount |
|
At 31 December 2023 |
|
--------- |
|
At 31 December 2022 |
|
--------- |
|
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Assets under construction |
Total |
|
£ |
£ |
£ |
£ |
£ |
|
Cost |
|||||
At 1 January 2023 |
|
|
|
|
|
Additions |
– |
|
|
|
|
Disposals |
– |
(
|
– |
– |
(
|
Transfers |
2,700,804 |
237,668
|
– |
(2,938,472)
|
– |
------------ |
------------ |
--------- |
------------ |
------------- |
|
At 31 December 2023 |
|
|
|
|
|
------------ |
------------ |
--------- |
------------ |
------------- |
|
Depreciation |
|||||
At 1 January 2023 |
|
|
|
– |
|
Charge for the year |
|
|
|
– |
|
------------ |
------------ |
--------- |
------------ |
------------- |
|
At 31 December 2023 |
|
|
|
– |
|
------------ |
------------ |
--------- |
------------ |
------------- |
|
Carrying amount |
|||||
At 31 December 2023 |
|
|
|
|
|
------------ |
------------ |
--------- |
------------ |
------------- |
|
At 31 December 2022 |
|
|
|
|
|
------------ |
------------ |
--------- |
------------ |
------------- |
|
2023 |
2022 |
|
£ |
£ |
|
Raw materials and consumables |
|
|
Finished goods and goods for resale |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
------------ |
--------- |
|
|
|
|
------------ |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Corporation tax |
– |
|
Social security and other taxes |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2023 |
2022 |
||
£ |
£ |
||
Received and receivable |
3,059,772 |
3,059,772 |
|
------------ |
------------ |
||
Amortisation: |
|||
At 1 January 2023 |
863,280 |
744,803 |
|
Credit to Statement of Comprehensive Income |
17,331 |
17,331 |
|
Capitalised to stock |
101,146 |
101,146 |
|
--------- |
--------- |
||
As ar 31 December 2023 |
981,757 |
863,280 |
|
--------- |
--------- |
||
Net balance at 31 December 2023 |
2,078,015 |
2,196,492 |
|
2023 |
2022 |
|||
No. |
£ |
No. |
£ |
|
|
5,966,939 |
5,966,939 |
5,966,939 |
5,966,939 |
|
1,500,000 |
1,500,000 |
1,500,000 |
1,500,000 |
|
271,426 |
271,426 |
271,426 |
271,426 |
|
75,000 |
750 |
75,000 |
750 |
|
853,826 |
683,061 |
853,826 |
683,061 |
C Ordinary Shares shares of £0.01 each |
37,500 |
375 |
37,500 |
375 |
------------ |
------------ |
------------ |
------------ |
|
8,704,691 |
8,422,551 |
8,704,691 |
8,422,551 |
|
------------ |
------------ |
------------ |
------------ |
|
2023 |
2022 |
|||
No. |
£ |
No. |
£ |
|
|
|
5,966,939 |
|
5,966,939 |
|
|
1,500,000 |
|
1,500,000 |
|
|
750 |
|
750 |
|
|
683,061 |
|
683,061 |
C Ordinary Shares shares of £0.01 each |
37,500 |
375 |
37,500 |
375 |
------------ |
------------ |
------------ |
------------ |
|
|
|
|
|
|
------------ |
------------ |
------------ |
------------ |
|
No. |
WAEP |
No. |
WAEP |
||
£ |
£ |
£ |
£ |
||
Outstanding at 31 December 2022 |
216,649 |
1 |
221,425 |
1 |
|
Granted during the year |
– |
1 |
– |
– |
|
Lapsed during the year |
– |
– |
(4,776) |
1 |
|
Oustanding at 31 December 2023 |
216,649 |
1 |
216,649 |
1 |
|
2023 |
2022 |
||
£ |
£ |
||
Equity-settled share-based payments |
98,398 |
120,359 |
|
2021/22 |
||
£ |
||
Share price at grant date |
3 |
|
Exercise price |
1 |
|
Expected volatility |
70 |
|
Expected life |
2 |
|
Risk free interest rate |
1 |
|
2023 |
2022 |
|
£ |
£ |
|
Not later than 1 year |
|
|
Later than 1 year and not later than 5 years |
|
|
Later than 5 years |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|