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Company Limited by Guarantee |
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COMPANY LIMITED BY GUARANTEE |
FINANCIAL STATEMENTS |
Contents |
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COMPANY LIMITED BY GUARANTEE |
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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35 Westgate |
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Huddersfield |
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HD1 1PA |
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Bankers |
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1 Westgate |
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Huddersfield |
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West Yorkshire |
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HD1 2DN |
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Solicitors |
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14 High Street |
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Huddersfield |
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HD1 2HA |
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COMPANY LIMITED BY GUARANTEE |
DIRECTORS' REPORT |
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(Appointed
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(Appointed
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(Appointed
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(Resigned
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Chairman |
Director |
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COMPANY LIMITED BY GUARANTEE |
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered Accountants & Statutory Auditor |
35 Westgate |
Huddersfield |
HD1 1PA |
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COMPANY LIMITED BY GUARANTEE |
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME |
2023 |
2022 |
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Note |
£ |
£ |
Turnover |
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Cost of sales |
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Gross profit |
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Administrative expenses |
(
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(
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Other operating income |
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Operating profit |
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Interest payable and similar expenses |
(
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(
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Profit before taxation |
6 |
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Tax on profit |
– |
– |
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Profit for the financial year |
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Fair value adjustment on land and buildings |
– |
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Deferred grant release on sale of land and buildings |
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– |
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Other comprehensive income for the year |
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Total comprehensive income for the year |
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COMPANY LIMITED BY GUARANTEE |
CONSOLIDATED BALANCE SHEET |
2023 |
2022 |
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Note |
£ |
£ |
Tangible assets |
7 |
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Stocks |
9 |
– |
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Debtors |
10 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
11 |
(
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(
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
12 |
(
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(
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Net assets |
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Non-distributable reserve |
14 |
– |
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Profit and loss account |
14 |
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Members funds |
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Chairman |
Director |
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COMPANY LIMITED BY GUARANTEE |
BALANCE SHEET |
2023 |
2022 |
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Note |
£ |
£ |
Tangible assets |
7 |
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Investments |
8 |
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Stocks |
9 |
– |
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Debtors |
10 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
11 |
(
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(
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
12 |
(
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(
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Net assets |
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Non-distributable reserve |
14 |
– |
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Profit and loss account |
14 |
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Members funds |
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Chairman |
Director |
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COMPANY LIMITED BY GUARANTEE |
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY |
Non-distributable reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 January 2022 |
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Profit for the year |
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Other comprehensive income for the year: |
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Fair value adjustment on land and buildings |
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– |
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Depreciation transferred to non-distributable reserve |
(
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– |
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Total comprehensive income for the year |
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At 31 December 2022 |
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Profit for the year |
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Other comprehensive income for the year: |
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Deferred grant release on sale of land and buildings |
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– |
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Reserve released on sale of land and buildings |
(
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– |
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Total comprehensive income for the year |
(
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At 31 December 2023 |
– |
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COMPANY LIMITED BY GUARANTEE |
COMPANY STATEMENT OF CHANGES IN EQUITY |
Non-distributable reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 January 2022 |
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Profit for the year |
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Other comprehensive income for the year: |
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Fair value adjustment on land and buildings |
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– |
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Depreciation transferred to non-distributable reserve |
(
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– |
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Total comprehensive income for the year |
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At 31 December 2022 |
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Profit for the year |
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Other comprehensive income for the year: |
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Deferred grant release on sale of land and buildings |
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– |
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Reserve released on sale of land and buildings |
(
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– |
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Total comprehensive income for the year |
(
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At 31 December 2023 |
– |
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COMPANY LIMITED BY GUARANTEE |
NOTES TO THE FINANCIAL STATEMENTS |
Long leasehold land and buildings |
- |
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Plant and equipment |
- |
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Fixtures, fittings and office equipment |
- |
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2023 |
2022 |
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£ |
£ |
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Depreciation of tangible assets |
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Group and company |
Long leasehold property |
Plant and machinery |
Fixtures and fittings |
Total |
£ |
£ |
£ |
£ |
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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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Disposals |
– |
(
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(
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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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Disposals |
– |
(
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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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– |
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Company |
Shares in group undertakings |
£ |
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Cost |
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At 1 January 2023 and 31 December 2023 |
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Impairment |
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At 1 January 2023 and 31 December 2023 |
– |
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Carrying amount |
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At 1 January 2023 and 31 December 2023 |
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At 31 December 2022 |
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Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Ordinary |
100 |
Group |
Company |
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2023 |
2022 |
2023 |
2022 |
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£ |
£ |
£ |
£ |
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Leasehold property held for resale |
– |
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– |
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Group |
Company |
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2023 |
2022 |
2023 |
2022 |
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£ |
£ |
£ |
£ |
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Trade debtors |
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Other debtors |
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Group |
Company |
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2023 |
2022 |
2023 |
2022 |
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£ |
£ |
£ |
£ |
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Bank loans and overdrafts |
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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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Social security and other taxes |
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Other grants |
– |
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– |
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Other creditors |
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Group |
Company |
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2023 |
2022 |
2023 |
2022 |
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£ |
£ |
£ |
£ |
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Bank loans and overdrafts |
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------------ |
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2023 |
2022 |
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£ |
£ |
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At 1 January 2023 |
3,258,072 |
3,258,072 |
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Credited to non distibutable reserve on sale of land and buildings |
(306,000) |
– |
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Credited to profit and loss account on sale of investment property |
(546,597) |
– |
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Write down of grant regarding fully depreciated plant |
(2,405,475) |
– |
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At 31 December 2023 |
– |
3,258,072 |
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2023 |
2022 |
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£ |
£ |
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At 1 January 2023 |
2,760,063 |
2,743,011 |
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Credit to profit and loss account |
– |
17,052 |
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Credited to non distributable reserve on sale of land and buildings |
(146,880) |
– |
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Credited to profit and loss account on sale of investment property |
(207,708) |
– |
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Write down of grant regarding fully depreciated plant |
(2,405,475) |
– |
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At 31 December 2023 |
– |
2,760,063 |
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2023 |
2022 |
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£ |
£ |
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Net balance at 31 December 2023 |
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498,009 |
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Group |
Company |
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2023 |
2022 |
2023 |
2022 |
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£ |
£ |
£ |
£ |
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Later than 1 year and not later than 5 years |
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– |
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