|
|
For the year ended |
|
|
Statement of Financial Position |
2023 |
2022 |
||
Note |
£ |
£ |
£ |
Investment properties |
6 |
|
|
|
Investments |
7 |
|
|
|
------------- |
------------- |
|||
|
|
|||
Debtors |
8 |
|
|
|
Cash at bank and in hand |
|
|
||
--------- |
--------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
9 |
|
|
|
------------ |
------------- |
|||
Net current liabilities |
|
|
||
------------- |
------------- |
|||
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 |
|
|
|
Fair value reserve |
|
|
|
Profit and loss account |
|
|
|
------------ |
------------ |
||
Shareholder funds |
|
|
|
------------ |
------------ |
||
|
Statement of Financial Position (continued) |
|
|
Director |
|
|
Notes to the Financial Statements |
2023 |
2022 |
|
No. |
No. |
|
Management staff |
1 |
1 |
---- |
---- |
|
2023 |
2022 |
|
£ |
£ |
|
UK current tax expense |
|
|
Origination and reversal of timing differences |
|
|
--------- |
--------- |
|
Tax on profit |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Profit on ordinary activities before taxation |
|
|
--------- |
--------- |
|
Profit on ordinary activities by rate of tax |
|
|
Effect of capital allowances and depreciation |
|
|
Effect of revenue exempt from tax |
|
|
--------- |
--------- |
|
Tax on profit |
|
|
--------- |
--------- |
|
Freehold Investment Properties |
|
£ |
|
Cost or valuation |
|
At 1st January 2023 and 31st December 2023 |
|
------------- |
|
Carrying amount |
|
At 31st December 2023 |
|
------------- |
|
At 31st December 2022 |
|
------------- |
|
Shares in participating interests |
|
£ |
|
Cost or valuation |
|
At 1st January 2023 |
|
Revaluation |
|
------------ |
|
At 31st December 2023 |
|
------------ |
|
Impairment |
|
At 1st January 2023 and 31st December 2023 |
– |
------------ |
|
Carrying amount |
|
At 31st December 2023 |
|
------------ |
|
At 31st December 2022 |
|
------------ |
|
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
|
Prepayments and accrued income |
– |
|
-------- |
------- |
|
|
|
|
-------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans |
|
|
Trade creditors |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
------------ |
------------- |
|
|
|
|
------------ |
------------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans |
|
– |
------------ |
---- |
|
Repayable within 2-5 years |
2,252,750 |
- |
2023 |
2022 |
|
£ |
£ |
|
Included in provisions |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Accelerated capital allowances |
|
|
Fair value adjustment of investment |
315,020
|
299,147
|
--------- |
--------- |
|
340,373 |
324,411 |
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Investments |
1,260,080 |
1,196,589 |
------------ |
------------ |
|