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Financial Statements |
Contents |
Page |
Strategic report |
1 |
Director's report |
3 |
Independent auditor's report to the members |
5 |
Consolidated statement of income and retained earnings |
10 |
Company statement of income and retained earnings |
11 |
Consolidated statement of financial position |
12 |
Company statement of financial position |
13 |
Consolidated statement of cash flows |
14 |
Notes to the financial statements |
15 |
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Strategic Report |
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Director |
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Registered office: |
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Director's Report |
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Director |
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Registered office: |
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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 |
15 Ropergate End |
Pontefract |
West Yorkshire |
WF8 1JT |
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Consolidated 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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Gross profit |
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Administrative expenses |
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Operating profit |
5 |
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Other interest receivable and similar income |
9 |
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– |
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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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Company Statement of Income and Retained Earnings |
2024 |
2023 |
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Note |
£ |
£ |
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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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Consolidated Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Intangible assets |
12 |
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Tangible assets |
13 |
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-------- |
-------- |
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Stocks |
15 |
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Debtors |
16 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
17 |
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Net current assets |
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Total assets less current liabilities |
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Provisions |
18 |
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Net assets |
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Called up share capital |
21 |
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Profit and loss account |
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Shareholders funds |
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Director |
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Company Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Investments |
14 |
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Debtors |
16 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
17 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Called up share capital |
21 |
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Profit and loss account |
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Shareholders funds |
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Director |
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Consolidated 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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Amortisation of intangible assets |
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Other interest receivable and similar income |
(
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– |
Loss 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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Trade and other debtors |
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(
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Trade and other creditors |
(
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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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Purchase of intangible assets |
(
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(
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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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(
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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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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
3,238,886 |
1,947,946 |
------------ |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
Patents, trademarks and licences |
- |
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Fixtures and fittings |
- |
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Computer equipment |
- |
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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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Amortisation of intangible assets |
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Depreciation of tangible assets |
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Loss on disposal of tangible assets |
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Impairment of trade debtors |
27,916 |
3,118 |
Foreign exchange differences |
(
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(
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-------- |
-------- |
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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 |
8 |
8 |
-------- |
-------- |
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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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------------ |
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2024 |
2023 |
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£ |
£ |
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Remuneration |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Aggregate remuneration |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Interest on bank deposits |
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– |
Other interest receivable and similar income |
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– |
-------- |
-------- |
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– |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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UK current tax income |
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Adjustments in respect of prior periods |
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– |
--------- |
--------- |
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Total current tax |
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--------- |
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Origination and reversal of timing differences |
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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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Adjustment to tax charge in respect of prior periods |
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– |
Effect of expenses not deductible for tax purposes |
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– |
Effect of capital allowances and depreciation |
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– |
Unused tax losses |
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Rounding on tax charge |
2 |
– |
------------ |
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Tax on profit |
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2024 |
2023 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
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Group |
Patents, trademarks and licences |
£ |
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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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At 31 January 2024 |
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Amortisation |
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At 1 February 2023 |
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Charge for the year |
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-------- |
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At 31 January 2024 |
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-------- |
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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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Group |
Fixtures and fittings |
Equipment |
Total |
£ |
£ |
£ |
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Cost |
|||
At 1 February 2023 |
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Additions |
– |
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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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-------- |
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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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--------- |
-------- |
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At 31 January 2024 |
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-------- |
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Carrying amount |
|||
At 31 January 2024 |
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-------- |
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At 31 January 2023 |
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Company |
Shares in group undertakings |
£ |
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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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Impairment |
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At 1 February 2023 and 31 January 2024 |
– |
-------- |
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Carrying amount |
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At 1 February 2023 and 31 January 2024 |
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At 31 January 2023 |
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Registered office |
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Ground Floor |
Ordinary |
100 |
Tayson House |
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Methley Road |
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Castleford |
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WF10 1PA |
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15 Ropergate End |
Ordinary |
100 |
Pontefract |
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WF8 1JT |
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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Raw materials and consumables |
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– |
– |
------------ |
------------ |
-------- |
-------- |
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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Trade debtors |
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– |
– |
Amounts owed by group undertakings |
– |
– |
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Prepayments and accrued income |
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– |
– |
------------ |
------------ |
------------ |
------------ |
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------------ |
------------ |
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------------ |
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Group |
Company |
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2024 |
2023 |
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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– |
– |
Director loan accounts |
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Other creditors |
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– |
– |
------------ |
------------ |
-------- |
-------- |
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-------- |
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Group |
Deferred tax (note 19) |
£ |
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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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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Included in provisions (note 18) |
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– |
– |
-------- |
-------- |
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-------- |
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Group |
Company |
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2024 |
2023 |
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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|
140 |
|
140 |
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|
60 |
|
60 |
-------- |
-------- |
-------- |
-------- |
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|
200 |
|
200 |
|
-------- |
-------- |
-------- |
-------- |
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At 1 Feb 2023 |
Cash flows |
At 31 Jan 2024 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
405,673 |
|
Debt due within one year |
(6,460) |
1,964 |
(4,496) |
------------ |
--------- |
------------ |
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Notes to the Financial Statements (continued) |
Group |
Company |
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2024 |
2023 |
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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– |
– |
Later than 5 years |
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– |
– |
– |
--------- |
--------- |
-------- |
-------- |
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– |
– |
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--------- |
--------- |
-------- |
-------- |
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