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For the year ended |
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Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Directors' report |
4 |
Independent auditor's report to the members |
6 |
Statement of income and retained earnings |
10 |
Statement of financial position |
11 |
Statement of cash flows |
12 |
Notes to the financial statements |
13 |
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Officers and Professional Advisers |
The board of directors |
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Company secretary |
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Registered office |
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England |
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Auditor |
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Chartered accountants & statutory auditor |
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132 Burnt Ash Road |
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Lee |
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London |
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SE12 8PU |
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Bankers |
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21 Prescot Street |
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London |
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E1 8AD |
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Strategic Report |
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Company Secretary |
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Directors' Report |
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Company Secretary |
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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 |
132 Burnt Ash Road |
Lee |
London |
SE12 8PU |
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Statement of Income and Retained Earnings |
2024 |
2023 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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-------------- |
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Gross profit |
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Administrative expenses |
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Other operating income |
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Operating profit |
5 |
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Other interest receivable and similar income |
9 |
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Profit before taxation |
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Tax on profit |
10 |
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Profit for the financial year and total comprehensive income |
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Dividends paid and payable |
11 |
(
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(
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Retained earnings at the start of the year |
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Retained earnings at the end of the year |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible assets |
13 |
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Stocks |
14 |
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Debtors |
15 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
16 |
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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 |
17 |
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Taxation including deferred tax |
18 |
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Net assets |
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Called up share capital |
21 |
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Profit and loss account |
22 |
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Shareholders funds |
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Director |
Director |
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Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Profit for the financial year |
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Adjustments for: |
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Depreciation of tangible assets |
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Other interest receivable and similar income |
(
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(
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Gains on disposal of tangible assets |
(
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– |
Tax on profit |
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Accrued expenses |
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Changes in: |
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Stocks |
(
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(
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Trade and other debtors |
(
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(
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Trade and other creditors |
(
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---------- |
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Cash generated from operations |
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Interest received |
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Tax paid |
(
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(
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---------- |
---------- |
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Net cash from operating activities |
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---------- |
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Purchase of tangible assets |
(
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(
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Proceeds from sale of tangible assets |
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– |
---------- |
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Net cash used in investing activities |
(
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(
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---------- |
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Proceeds from borrowings |
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Dividends paid |
(
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(
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---------- |
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Net cash used in financing activities |
(
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(
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---------- |
---------- |
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
2,102,914 |
1,939,099 |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
Trademarks |
- |
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Freehold property |
- |
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Plant and Machinery |
- |
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Fixtures and Fittings |
- |
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Motor vehicles |
- |
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2024 |
2023 |
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£ |
£ |
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Sale of goods |
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-------------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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Gains on disposal of tangible assets |
(
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– |
Impairment of trade debtors |
17,612 |
11,297 |
--------- |
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2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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------- |
------- |
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2024 |
2023 |
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No. |
No. |
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Distribution staff |
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Administrative staff |
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Management staff |
4 |
4 |
---- |
---- |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Other pension costs |
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------------- |
------------- |
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2024 |
2023 |
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£ |
£ |
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Remuneration |
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Company contributions to defined contribution pension plans |
– |
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--------- |
--------- |
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2024 |
2023 |
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No. |
No. |
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Defined contribution plans |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Interest on cash and cash equivalents |
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--------- |
------- |
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2024 |
2023 |
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£ |
£ |
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UK current tax expense |
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Origination and reversal of timing differences |
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(
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---------- |
---------- |
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Tax on profit |
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---------- |
---------- |
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2024 |
2023 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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Profit on ordinary activities by rate of tax |
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Effect of capital allowances and depreciation |
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Deferred tax |
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(
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Tax on profit |
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2024 |
2023 |
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£ |
£ |
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Dividends on equity shares |
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---------- |
---------- |
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Trademarks |
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£ |
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Cost |
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At 1 February 2023 and 31 January 2024 |
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--------- |
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Amortisation |
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At 1 February 2023 and 31 January 2024 |
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Carrying amount |
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At 31 January 2024 |
– |
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At 31 January 2023 |
– |
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Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 February 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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------------- |
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At 31 January 2024 |
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Depreciation |
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At 1 February 2023 |
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Charge for the year |
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Disposals |
– |
(
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– |
(
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(
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At 31 January 2024 |
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Carrying amount |
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At 31 January 2024 |
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At 31 January 2023 |
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---------- |
---------- |
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2024 |
2023 |
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£ |
£ |
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Raw materials and consumables |
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------------- |
------------- |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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---------- |
---------- |
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---------- |
---------- |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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------------- |
------------- |
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------------- |
------------- |
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2024 |
2023 |
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£ |
£ |
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Director loan accounts |
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---------- |
---------- |
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Deferred tax (note 19) |
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£ |
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At 1 February 2023 |
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Additions |
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--------- |
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At 31 January 2024 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 18) |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Accelerated capital allowances |
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--------- |
--------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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1,360 |
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1,360 |
------- |
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At 1 Feb 2023 |
Cash flows |
At 31 Jan 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
|
378,923 |
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Debt due after one year |
(131,053) |
(175,138) |
(306,191) |
------------- |
---------- |
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------------- |
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2024 |
2023 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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--------- |
--------- |
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Notes to the Financial Statements (continued) |
2024 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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(
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(
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(
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(
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(
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---------- |
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2023 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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(
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(
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---------- |
------- |
---------- |
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(
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(
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(
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