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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 |
3 |
Independent Auditor's Report to the Members |
5 |
Statement of Income and Retained Earnings |
10 |
Statement of Financial Position |
11 |
Notes to the Financial Statements |
12 |
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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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Halifax House |
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30 George Street |
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Hull |
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East Yorkshire |
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HU1 3AJ |
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STRATEGIC REPORT |
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Director |
Director |
Registered office: |
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England |
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DIRECTORS' REPORT |
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Director |
Director |
Registered office: |
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England |
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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 |
Halifax House |
30 George Street |
Hull |
East Yorkshire |
HU1 3AJ |
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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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Gross Profit |
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Administrative expenses |
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Other operating income |
5 |
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Operating Profit |
6 |
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Interest payable and similar expenses |
10 |
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Profit Before Taxation |
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Tax on profit |
11 |
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Profit for the Financial Year and Total Comprehensive Income |
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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 |
£ |
£ |
£ |
Intangible assets |
12 |
– |
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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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Provisions |
19 |
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Net Assets |
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Called up share capital |
22 |
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Capital redemption reserve |
23 |
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Profit and loss account |
23 |
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Shareholders Funds |
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Director |
Director |
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NOTES TO THE FINANCIAL STATEMENTS |
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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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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United Kingdom |
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Overseas |
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-------------- |
-------------- |
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-------------- |
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2024 |
2023 |
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£ |
£ |
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Other operating income |
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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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Loss on disposal of intangible assets |
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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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£ |
£ |
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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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---------- |
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2024 |
2023 |
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£ |
£ |
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Interest on obligations under finance leases and hire purchase contracts |
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Other interest payable and similar charges |
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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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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 expenses not deductible for tax purposes |
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Effect of capital allowances and depreciation |
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Effect of different UK tax rates on some earnings |
– |
(14,526) |
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Tax on profit |
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Other intangible assets |
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£ |
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Cost |
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At 1 April 2023 |
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Additions |
– |
Disposals |
(
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------- |
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At 31 March 2024 |
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------- |
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Amortisation |
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At 1 April 2023 |
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Charge for the year |
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------- |
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At 31 March 2024 |
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------- |
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Carrying amount |
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At 31 March 2024 |
– |
------- |
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At 31 March 2023 |
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Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Computer Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 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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(
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---------- |
---------- |
--------- |
---------- |
------------- |
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At 31 March 2024 |
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---------- |
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Depreciation |
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At 1 April 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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(
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---------- |
---------- |
--------- |
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------------- |
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At 31 March 2024 |
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---------- |
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Carrying amount |
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At 31 March 2024 |
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---------- |
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At 31 March 2023 |
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306,937
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Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Computer Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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At 31 March 2024 |
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– |
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---------- |
------- |
--------- |
---- |
---------- |
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At 31 March 2023 |
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---------- |
------- |
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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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Work in progress |
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Finished goods and goods for resale |
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------------- |
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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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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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Obligations under finance leases and hire purchase contracts |
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Director loan accounts |
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– |
Invoice discounting |
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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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Obligations under finance leases and hire purchase contracts |
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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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--------- |
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Deferred tax (note 20) |
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£ |
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At 1 April 2023 |
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Additions |
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--------- |
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At 31 March 2024 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 19) |
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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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600 |
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600 |
---- |
---- |
---- |
---- |
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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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Transaction value |
Balance owed by/(owed to) |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Purchases from ultimate parent company
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109,975
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85,719
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323,169
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357,172
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Loan to immediate parent company
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677,490
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1,437,101
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759,610
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