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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 |
Period from |
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1 Jan 23 to |
Year to |
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30 Dec 23 |
31 Dec 22 |
|
Note |
£ |
£ |
Turnover |
|
(
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Other operating expenses |
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--------- |
--------- |
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Operating profit/(loss) |
|
(
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Fair value adjustment and disposal of group interests |
5 |
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(
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Fair value adjustment and disposal of participating interests |
6 |
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Income from fixed asset investments |
7 |
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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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Profit/(loss) before taxation |
|
(
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Tax on profit/(loss) |
(
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------------ |
------------ |
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Profit/(loss) for the financial period and total comprehensive income |
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(
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------------ |
------------ |
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Statement of Financial Position |
30 Dec 23 |
31 Dec 22 |
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Note |
£ |
£ |
Investments |
8 |
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Debtors |
9 |
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Current asset investments |
10 |
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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 |
11 |
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Net current assets |
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------------- |
------------- |
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Total assets less current liabilities |
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Net assets |
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Called up share capital |
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Profit and loss account |
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------------- |
------------- |
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Shareholders funds |
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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 |
|
£ |
£ |
£ |
|
At 1st January 2022 |
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Loss for the period |
(
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(
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------- |
------------- |
------------- |
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Total comprehensive income for the period |
– |
(
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(
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Dividends paid and payable |
– |
(
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(
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------- |
------------- |
------------- |
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Total investments by and distributions to owners |
– |
(
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(
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At 31st December 2022 |
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Profit for the period |
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------- |
------------- |
------------- |
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Total comprehensive income for the period |
– |
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Dividends paid and payable |
– |
(
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(
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---- |
-------- |
-------- |
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Total investments by and distributions to owners |
– |
(
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(
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------- |
------------- |
------------- |
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At 30th December 2023 |
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------- |
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Notes to the Financial Statements |
Period from |
||
1 Jan 23 to |
Year to |
|
30 Dec 23 |
31 Dec 22 |
|
£ |
£ |
|
Loan |
– |
|
---- |
--------- |
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Period from |
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1 Jan 23 to |
Year to |
|
30 Dec 23 |
31 Dec 22 |
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£ |
£ |
|
Gain/(loss) on fair value adjustment to group interests |
239,866 |
(500,000) |
--------- |
--------- |
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Period from |
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1 Jan 23 to |
Year to |
|
30 Dec 23 |
31 Dec 22 |
|
£ |
£ |
|
Gain/(Loss) on fair value adjustment of participating interests |
45,202 |
270,543 |
-------- |
--------- |
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Period from |
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1 Jan 23 to |
Year to |
|
30 Dec 23 |
31 Dec 22 |
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£ |
£ |
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Dividends from fixed asset investments |
44,435 |
129,191 |
Gain/(loss) on disposal of fixed asset investments |
345,143 |
(1,016,166) |
Gain/(loss) on fair value adjustment to fixed asset investments |
(67,686) |
(1,904,471) |
Foreign exchange gains |
221,967 |
340,562 |
Interest Receivable |
388,059 |
111,788 |
Management fees and charges |
(37,699) |
(68,494) |
Interest payable |
(20,832) |
(23,038) |
--------- |
------------ |
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(
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--------- |
------------ |
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Group undertakings |
Participating interests |
Other investments other than loans |
Total |
|
£ |
£ |
£ |
£ |
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Cost |
||||
At 1st January 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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Revaluations |
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(
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------------- |
------------ |
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At 30th December 2023 |
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------------- |
------------ |
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------------- |
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Impairment |
||||
At 1st January 2023 and 30th December 2023 |
– |
– |
– |
– |
------------- |
------------ |
------------- |
------------- |
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Carrying amount |
||||
At 30th December 2023 |
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------------- |
------------ |
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------------- |
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At 31st December 2022 |
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Group undertakings |
Participating interests |
Other investments other than loans |
Total |
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£ |
£ |
£ |
£ |
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At 30th December 2023 |
||||
Aggregate cost |
7,141,426 |
4,712,949 |
12,475,612 |
24,329,987 |
Aggregate depreciation |
– |
– |
– |
– |
------------ |
------------ |
------------- |
------------- |
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Carrying value |
7,141,426 |
4,712,949 |
12,475,612 |
24,329,987 |
------------ |
------------ |
------------- |
------------- |
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At 31st December 2022 |
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Aggregate cost |
6,486,986 |
4,850,679 |
9,022,170 |
20,359,835 |
Aggregate depreciation |
– |
– |
– |
– |
------------ |
------------ |
------------ |
------------- |
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Carrying value |
6,486,986 |
4,850,679 |
9,022,170 |
20,359,835 |
------------ |
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------------- |
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30 Dec 23 |
31 Dec 22 |
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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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30 Dec 23 |
31 Dec 22 |
|
£ |
£ |
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Other investments |
782,089 |
2,417,370 |
--------- |
------------ |
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30 Dec 23 |
31 Dec 22 |
|
£ |
£ |
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Trade creditors |
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Social security and other taxes |
|
– |
Other creditors |
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------------- |
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