Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truefalseNo description of principal activity2022-12-01365321trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05875160 2022-12-01 2023-11-30 05875160 2021-12-01 2022-11-30 05875160 2023-11-30 05875160 2022-11-30 05875160 2021-12-01 05875160 c:Director1 2022-12-01 2023-11-30 05875160 d:Buildings 2022-12-01 2023-11-30 05875160 d:Buildings 2023-11-30 05875160 d:Buildings 2022-11-30 05875160 d:Buildings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 05875160 d:PlantMachinery 2022-12-01 2023-11-30 05875160 d:MotorVehicles 2022-12-01 2023-11-30 05875160 d:MotorVehicles 2023-11-30 05875160 d:MotorVehicles 2022-11-30 05875160 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 05875160 d:FurnitureFittings 2022-12-01 2023-11-30 05875160 d:FurnitureFittings 2023-11-30 05875160 d:FurnitureFittings 2022-11-30 05875160 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 05875160 d:ComputerEquipment 2022-12-01 2023-11-30 05875160 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 05875160 d:Goodwill 2022-12-01 2023-11-30 05875160 d:Goodwill 2023-11-30 05875160 d:Goodwill 2022-11-30 05875160 d:CurrentFinancialInstruments 2023-11-30 05875160 d:CurrentFinancialInstruments 2022-11-30 05875160 d:Non-currentFinancialInstruments 2023-11-30 05875160 d:Non-currentFinancialInstruments 2022-11-30 05875160 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 05875160 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 05875160 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 05875160 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 05875160 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 05875160 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-11-30 05875160 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-11-30 05875160 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-11-30 05875160 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-11-30 05875160 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-11-30 05875160 d:ShareCapital 2022-12-01 2023-11-30 05875160 d:ShareCapital 2023-11-30 05875160 d:ShareCapital 2021-12-01 2022-11-30 05875160 d:ShareCapital 2022-11-30 05875160 d:ShareCapital 2021-12-01 05875160 d:CapitalRedemptionReserve 2022-12-01 2023-11-30 05875160 d:CapitalRedemptionReserve 2023-11-30 05875160 d:CapitalRedemptionReserve 2021-12-01 2022-11-30 05875160 d:CapitalRedemptionReserve 2022-11-30 05875160 d:CapitalRedemptionReserve 2021-12-01 05875160 d:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 05875160 d:RetainedEarningsAccumulatedLosses 2023-11-30 05875160 d:RetainedEarningsAccumulatedLosses 2021-12-01 2022-11-30 05875160 d:RetainedEarningsAccumulatedLosses 2022-11-30 05875160 d:RetainedEarningsAccumulatedLosses 2021-12-01 05875160 c:FRS102 2022-12-01 2023-11-30 05875160 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05875160 c:FullAccounts 2022-12-01 2023-11-30 05875160 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05875160 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 05875160 d:HirePurchaseContracts d:WithinOneYear 2022-11-30 05875160 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 05875160 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-11-30 05875160 6 2022-12-01 2023-11-30 05875160 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-30 05875160 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-11-30 05875160 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-11-30 05875160 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2022-11-30 05875160 d:LeasedAssetsHeldAsLessee 2023-11-30 05875160 d:LeasedAssetsHeldAsLessee 2022-11-30 05875160 d:Goodwill d:OwnedIntangibleAssets 2022-12-01 2023-11-30 05875160 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 05875160










AMK CHAUFFEUR DRIVE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
AMK CHAUFFEUR DRIVE LIMITED
REGISTERED NUMBER: 05875160

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
15,000

Tangible assets
 5 
2,611,984
2,193,406

Investments
 6 
104
125,004

  
2,612,088
2,333,410

Current assets
  

Stocks
  
20,762
19,357

Debtors
 7 
1,613,271
1,499,978

Cash at bank and in hand
 8 
94,784
101,560

  
1,728,817
1,620,895

Creditors: amounts falling due within one year
 9 
(1,592,916)
(1,328,434)

Net current assets
  
 
 
135,901
 
 
292,461

Total assets less current liabilities
  
2,747,989
2,625,871

Creditors: amounts falling due after more than one year
 10 
(1,471,383)
(1,657,291)

Provisions for liabilities
  

Deferred tax
  
(261,147)
(148,241)

  
 
 
(261,147)
 
 
(148,241)

Net assets
  
1,015,459
820,339


Capital and reserves
  

Called up share capital 
  
20,000
20,000

Capital redemption reserve
  
10,000
10,000

Profit and loss account
  
985,459
790,339

  
1,015,459
820,339


Page 1

 
AMK CHAUFFEUR DRIVE LIMITED
REGISTERED NUMBER: 05875160
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 November 2024.




................................................
M Dummer
Director

The notes on pages 5 to 15 form part of these financial statements.

Page 2

 
AMK CHAUFFEUR DRIVE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2023


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£

At 1 December 2022
20,000
10,000
790,339
820,339


Comprehensive income for the year

Profit for the year

-
-
385,120
385,120


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
385,120
385,120


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(190,000)
(190,000)


Total transactions with owners
-
-
(190,000)
(190,000)


At 30 November 2023
20,000
10,000
985,459
1,015,459


The notes on pages 5 to 15 form part of these financial statements.

Page 3

 
AMK CHAUFFEUR DRIVE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2022


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£

At 1 December 2021
30,000
-
1,181,001
1,211,001


Comprehensive income for the year

Profit for the year

-
-
244,338
244,338


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
244,338
244,338


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(125,000)
(125,000)

Purchase of own shares
-
10,000
(510,000)
(500,000)

Shares cancelled during the year
(10,000)
-
-
(10,000)


Total transactions with owners
(10,000)
10,000
(635,000)
(635,000)


At 30 November 2022
20,000
10,000
790,339
820,339


The notes on pages 5 to 15 form part of these financial statements.

Page 4

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

AMK Chauffeur Drive Limited (05875160) is a private company limited by shares and incorporated in England. Its registered office is AMK Building, Mill Lane Passfield, Liphook, Hampshire, GU30 7RP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 5

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Amortisation is provided at the following rate:
            Goodwill                                  -         20% straight line             

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Improvements to leasehold
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures & fittings
-
25%
reducing balance
Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.11

Leased assets: the company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 7

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.12

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.13

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. 
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.14

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 8

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.16

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

  
2.17

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to  determine whether there is any indication that the assets are impaired. Where there is any indication  that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the  asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount  by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is  the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of  assessing impairment, assets are grouped at the lowest levels for which there are separately  identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are  reviewed at each reporting date to assess whether there is any indication that the impairment losses  recognised in prior periods may no longer exist or may have decreased. 

 
2.18

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

Page 9

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.19

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 365 (2022 - 321).


4.


Intangible assets




Goodwill

£



Cost


At 1 December 2022
1,624,570



At 30 November 2023

1,624,570



Amortisation


At 1 December 2022
1,609,570


Charge for the year on owned assets
5,000


Impairment charge
10,000



At 30 November 2023

1,624,570



Net book value



At 30 November 2023
-



At 30 November 2022
15,000



Page 10

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Tangible fixed assets





Freehold property
Motor vehicles
Fixtures & fittings
Total

£
£
£
£



Cost or valuation


At 1 December 2022
1,237,759
4,947,156
187,249
6,372,164


Additions
53,351
666,768
101,784
821,903


Disposals
-
(509,454)
(43,257)
(552,711)



At 30 November 2023

1,291,110
5,104,470
245,776
6,641,356



Depreciation


At 1 December 2022
153,580
3,881,356
143,823
4,178,759


Charge for the year on owned assets
25,822
327,534
19,600
372,956


Disposals
-
(479,086)
(43,257)
(522,343)



At 30 November 2023

179,402
3,729,804
120,166
4,029,372



Net book value



At 30 November 2023
1,111,708
1,374,666
125,610
2,611,984



At 30 November 2022
1,084,180
1,065,800
43,426
2,193,406

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
530,241
604,138

Fixtures & fittings
17,572
23,429

547,813
627,567

Page 11

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
125,004


Amounts written off
(124,900)



At 30 November 2023
104





7.


Debtors

2023
2022
£
£



Trade debtors
1,434,370
1,277,294

Other debtors
168,332
222,576

Prepayments and accrued income
10,569
108

1,613,271
1,499,978



8.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
94,784
101,560

Less: bank overdrafts
(69,629)
(45,072)

25,155
56,488


Page 12

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
69,629
45,072

Other loans
87,140
87,140

Trade creditors
154,332
128,720

Corporation tax
80,867
61,613

Other taxation and social security
228,970
112,953

Obligations under finance lease and hire purchase contracts
267,904
356,424

Other creditors
551,004
357,378

Accruals and deferred income
153,070
179,134

1,592,916
1,328,434


The hire purchase liabilities of £267,904 (2022: £356,424) are secured over the assets to which they relate.
Included within other loans is a mortgage to purchase the freehold property known as the AMK Building, Mill Lane, Liphook, Hampshire of £87,140 (2022: £87,140). The loan is secured on that property.
 


10.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
1,095,083
1,232,362

Net obligations under finance leases and hire purchase contracts
376,300
424,929

1,471,383
1,657,291


The hire purchase liabilities of £376,300 (2022: £424,929) are secured over the assets to which they relate.
Included within other loans is a mortgage to purchase the freehold property known as the AMK Building, Mill Lane, Liphook, Hampshire of £1,095,083 (2022: £1,232,362). The loan is secured on that property.

Page 13

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

11.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
87,140
87,140


87,140
87,140

Amounts falling due 1-2 years

Other loans
87,140
87,140


87,140
87,140

Amounts falling due 2-5 years

Other loans
261,420
261,420


261,420
261,420

Amounts falling due after more than 5 years

Other loans
746,523
883,802

746,523
883,802

1,182,223
1,319,502



12.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
266,237
356,424

Between 1-5 years
376,300
424,929

642,537
781,353

Page 14

 
AMK CHAUFFEUR DRIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £5,456 (2022: £16,198). There are no contributions payable to the fund at the reporting date £nil (2022 - £nil).

 
Page 15