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Financial Statements |
Contents |
Page |
Directors' report |
1 |
Statement of comprehensive income |
2 |
Statement of financial position |
3 |
Statement of changes in equity |
5 |
Notes to the financial statements |
6 |
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Directors' Report |
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Director |
Registered office: |
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Statement of Comprehensive Income |
2023 |
2022 |
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Note |
£ |
£ |
Turnover |
(
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Other operating expenses |
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--------- |
--------- |
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Operating (loss)/profit |
(
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Fair value adjustment interests in group undertakings |
(
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Fair value adjustment interests in participating interests |
(
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(
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Other interest receivable and similar income |
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Interest payable and similar expenses |
– |
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------------ |
------------ |
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Loss before taxation |
4 |
(
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(
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Tax on loss |
(
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------------ |
--------- |
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Loss for the financial year and total comprehensive income |
(
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(
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------------ |
--------- |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Investments |
5 |
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Debtors |
6 |
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Cash at bank and in hand |
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------------ |
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Creditors: amounts falling due within one year |
7 |
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------------ |
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Net current assets |
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------------- |
------------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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------------- |
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Net liabilities |
(
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(
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------------- |
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Called up share capital |
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Profit and loss account |
(
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(
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------------ |
------------ |
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Shareholders deficit |
(
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(
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------------ |
------------ |
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Statement of Financial Position (continued) |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 January 2022 |
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(
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(
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Loss for the year |
(
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(
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------- |
------------ |
------------ |
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Total comprehensive income for the year |
– |
(
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(
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At 31 December 2022 |
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(
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(
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Loss for the year |
(
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(
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------- |
------------ |
------------ |
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Total comprehensive income for the year |
– |
(
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(
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------- |
------------ |
------------ |
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At 31 December 2023 |
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(
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(
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------- |
------------ |
------------ |
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Notes to the Financial Statements |
2023 |
2022 |
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£ |
£ |
|
Fair value adjustments to shares in group undertakings |
684,720 |
(76,942) |
Fair value adjustments to shares in participating interests |
206,793 |
1,004,465 |
--------- |
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Interests in group undertakings |
Loans to group undertakings |
Interest in participating interests |
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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Disposals |
(
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– |
(
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(
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Revaluations |
(
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– |
(
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(
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------------ |
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At 31 December 2023 |
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------------ |
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------------- |
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Impairment |
||||
At 1 January 2023 and 31 December 2023 |
– |
– |
– |
– |
------------ |
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Carrying amount |
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At 31 December 2023 |
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------------ |
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At 31 December 2022 |
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Interests in group undertakings |
Interest in participating interests |
Total |
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£ |
£ |
£ |
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At 31 December 2023 |
|||
Aggregate cost |
9,283,283 |
13,480,086 |
22,763,369 |
Aggregate depreciation |
– |
– |
– |
------------ |
------------- |
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Carrying value |
9,283,283 |
13,480,086 |
22,763,369 |
------------ |
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At 31 December 2022 |
|||
Aggregate cost |
8,898,428 |
13,721,790 |
22,620,218 |
Aggregate depreciation |
– |
– |
– |
------------ |
------------- |
------------- |
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Carrying value |
8,898,428 |
13,721,790 |
22,620,218 |
------------ |
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2023 |
2022 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Corporation tax |
– |
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Other creditors |
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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
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£ |
£ |
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Other creditors |
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------------- |
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