Market value of fixed asset investments cannot be reliably valued and hence are held at cost less impairment.
The following represents subsidiary companies within Investments and the level of control as at 31 March 2024:
Home UK (Cardiff) Ltd - 100%
Home UK (HA1) Ltd - 100%
Home UK (SCL) Ltd - 100%
Home UK London SE Ltd - 55%
Home UK Oxford Ltd - 100%
The aggregate capital and reserves and the result for the year after tax of the subsidiaries noted above was as follows:
Home UK (Cardiff) Ltd - Profit/(Loss) = £1,579,558. Capital & Reserves = £4,694,054
Home UK (HA1) Ltd - Profit/(Loss) = £89,860. Capital & Reserves = £78,450
Home UK (SCL) Ltd - Profit/(Loss) = £1,735,970. Capital & Reserves = £14,255,882
Home UK London SE Ltd - Profit/(Loss) = £171,102. Capital & Reserves = £2,087,269
Home UK Oxford Ltd - Profit/(Loss) = £560,691. Capital & Reserves = £9,483,880