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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
2023 | 2022 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Investment Properties | 4 |
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Investments | 5 |
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CURRENT ASSETS | |||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 7 |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Other reserves |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 7,791,328 | 4,806,132 | |||
Director
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Director
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2023 | |
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£ | |
Fair Value | |
As at 1 October 2022 and 30 September 2023 |
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2023 | 2022 | ||
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£ | £ | ||
Cost | 13,649,653 | 13,649,653 | |
Accumulated depreciation and impairment | 6,216,152 | 5,943,159 | |
Carrying amount | 7,433,501 | 7,706,494 | |
Unlisted | |
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£ | |
Cost | |
As at 1 October 2022 |
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Disposals |
( |
As at 30 September 2023 |
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Provision | |
As at 1 October 2022 |
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As at 30 September 2023 |
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Net Book Value | |
As at 30 September 2023 |
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As at 1 October 2022 |
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2023 | 2022 | ||
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£ | £ | ||
Due within one year | |||
Prepayments and accrued income |
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Other debtors |
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Amounts owed by related parties | - |
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VAT |
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- | |
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2023 | 2022 | ||
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£ | £ | ||
Trade creditors |
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VAT | - |
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Accruals and deferred income |
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Amounts owed to related parties | - |
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Connis Property Services Limited
At the year-end 30th September 2022, a loan had been provided by Connis Property Services Ltd of £2,500,000, a related company by virtue of common directors. This loan has subsequently been written off by Connis Property Services Ltd in the 2023 financial year. At the year a balance of Nil was due to Connis Property Services Ltd (2022 - £2,500,000).
Belfast Office Properties Limited
During the year the company received net funds of £387,464 from Belfast Office Properties Ltd. At the year end, Belfast Office Properties Limited owed the company £12,319,296 (2022 - £12,706,760). This amount has been fully written off by Finbrook Investments Ltd. Belfast Office Properties Limited is related to the company by virtue of common directors.