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Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Directors' report |
6 |
Independent auditor's report to the members |
8 |
Statement of comprehensive income |
12 |
Statement of financial position |
13 |
Statement of changes in equity |
14 |
Statement of cash flows |
15 |
Notes to the financial statements |
16 |
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Officers and Professional Advisers |
The board of directors |
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Registered office |
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Auditor |
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Chartered accountants & statutory auditor |
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Ground Floor, Seneca House |
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Links Point |
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Amy Johnson Way |
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Blackpool |
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Lancashire |
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FY4 2FF |
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Bankers |
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Bridle Road |
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Bootle |
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Merseyside |
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L30 4GB |
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Strategic Report |
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Director |
Registered office: |
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Directors' Report |
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(Resigned
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Director |
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 |
Ground Floor, Seneca House |
Links Point |
Amy Johnson Way |
Blackpool |
Lancashire |
FY4 2FF |
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Statement of Comprehensive Income |
Period from |
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1 Oct 22 to |
Year to |
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30 Nov 23 |
30 Sep 22 |
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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 |
5 |
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– |
------------ |
------------ |
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Operating profit |
6 |
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Other interest receivable and similar income |
9 |
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Interest payable and similar expenses |
10 |
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------------ |
------------ |
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Profit before taxation |
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Tax on profit |
11 |
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--------- |
--------- |
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Profit for the financial period and total comprehensive income |
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--------- |
--------- |
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Statement of Financial Position |
30 Nov 23 |
30 Sep 22 |
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Note |
£ |
£ |
Intangible assets |
13 |
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Tangible assets |
14 |
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--------- |
--------- |
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Debtors |
15 |
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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 |
16 |
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------------ |
------------- |
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Net current assets |
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------------ |
------------ |
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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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------------ |
------------ |
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Net assets |
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------------ |
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Called up share capital |
22 |
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Share premium account |
23 |
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Profit and loss account |
23 |
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------------ |
------------ |
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Shareholders funds |
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Director |
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Statement of Changes in Equity |
Called up share capital |
Share premium account |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 October 2021 |
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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 |
12 |
– |
– |
(
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(
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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 30 September 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 |
12 |
– |
– |
(
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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 30 November 2023 |
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-------- |
------------ |
------------ |
------------ |
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Statement of Cash Flows |
30 Nov 23 |
30 Sep 22 |
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£ |
£ |
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Profit for the financial period |
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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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(
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Interest payable and similar expenses |
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Tax on profit |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
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Trade and other creditors |
(
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(
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------------ |
------------ |
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Cash generated from operations |
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Interest paid |
(
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(
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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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Purchase of intangible 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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Repayments of borrowings |
(
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– |
Proceeds from loans from group undertakings |
(
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– |
Payments of finance lease liabilities |
(
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(
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Dividends paid |
(
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(
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Payments to other group companies |
– |
(
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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 period |
306,062 |
134,557 |
--------- |
--------- |
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Cash and cash equivalents at end of period |
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--------- |
--------- |
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Notes to the Financial Statements |
Intellectual property |
- |
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Freehold property |
- |
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Long leasehold property |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Computer equipment |
- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
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Rendering of services |
|
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------------ |
------------ |
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Period from |
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1 Oct 22 to |
Year to |
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30 Nov 23 |
30 Sep 22 |
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£ |
£ |
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Other operating income |
|
– |
-------- |
---- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
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£ |
£ |
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Amortisation of intangible assets |
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Depreciation of tangible assets |
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Impairment of trade debtors |
317,529 |
– |
Foreign exchange differences |
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Fees payable for the audit of the financial statements |
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--------- |
-------- |
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30 Nov 23 |
30 Sep 22 |
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No. |
No. |
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Administrative staff |
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Management staff |
1 |
– |
---- |
---- |
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---- |
---- |
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Period from |
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1 Oct 22 to |
Year to |
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30 Nov 23 |
30 Sep 22 |
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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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Period from |
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1 Oct 22 to |
Year to |
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30 Nov 23 |
30 Sep 22 |
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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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-------- |
-------- |
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30 Nov 23 |
30 Sep 22 |
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No. |
No. |
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Defined contribution plans |
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---- |
---- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
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£ |
£ |
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Other interest receivable and similar income |
|
|
---- |
---- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
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Other interest payable and similar charges |
|
|
--------- |
-------- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
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UK current tax expense |
|
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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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Origination and reversal of timing differences |
(
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|
--------- |
-------- |
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Tax on profit |
|
|
--------- |
-------- |
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Period from |
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1 Oct 22 to |
Year to |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
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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Utilisation of tax losses |
(
|
– |
Unused tax losses |
– |
(
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--------- |
--------- |
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Tax on profit |
|
|
--------- |
--------- |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
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Dividends paid during the period (excluding those for which a liability existed at the end of the prior period ) |
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Dividends proposed after the period end and not recognised as a liability |
– |
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------------ |
--------- |
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Intellectual property |
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£ |
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Cost |
|
At 1 October 2022 |
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Additions |
– |
Additions from internal developments |
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--------- |
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At 30 November 2023 |
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--------- |
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Amortisation |
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At 1 October 2022 |
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Charge for the period |
|
--------- |
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At 30 November 2023 |
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--------- |
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Carrying amount |
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At 30 November 2023 |
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--------- |
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At 30 September 2022 |
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--------- |
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Freehold property |
Long leasehold property |
Motor vehicles |
Equipment |
Computer equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Cost |
||||||
At 1 Oct 2022 |
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799,029
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Additions |
– |
– |
– |
– |
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--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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At 30 Nov 2023 |
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--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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Depreciation |
||||||
At 1 Oct 2022 |
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|
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Charge for the period |
|
– |
|
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--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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At 30 Nov 2023 |
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|
|
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|
--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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Carrying amount |
||||||
At 30 Nov 2023 |
|
– |
|
|
|
|
--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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At 30 Sep 2022 |
|
– |
|
|
|
|
--------- |
-------- |
--------- |
-------- |
--------- |
------------ |
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Motor vehicles |
|
£ |
|
At 30 November 2023 |
|
-------- |
|
At 30 September 2022 |
|
-------- |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
Trade debtors |
|
|
Amounts owed by group undertakings |
|
|
Prepayments and accrued income |
|
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Directors loan account |
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|
Other debtors |
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|
------------ |
------------- |
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------------ |
------------- |
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30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
Trade creditors |
|
|
Amounts owed to group undertakings |
|
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Accruals and deferred income |
|
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Social security and other taxes |
|
|
Obligations under finance leases and hire purchase contracts |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
Bank loans and overdrafts |
– |
|
Obligations under finance leases and hire purchase contracts |
– |
|
---- |
------------ |
|
– |
|
|
---- |
------------ |
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30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
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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Deferred tax (note 20) |
Other provisions |
Total |
|
£ |
£ |
£ |
|
At 1 October 2022 |
|
1,832
|
|
Charge against provision |
(
|
– |
(
|
-------- |
------- |
-------- |
|
At 30 November 2023 |
|
1,832
|
|
-------- |
------- |
-------- |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
Included in provisions (note 19) |
|
|
-------- |
-------- |
|
30 Nov 23 |
30 Sep 22 |
|
£ |
£ |
|
Accelerated capital allowances |
|
|
-------- |
-------- |
|
30 Nov 23 |
30 Sep 22 |
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No. |
£ |
No. |
£ |
|
|
|
11,220 |
|
11,220 |
------------- |
-------- |
------------- |
-------- |
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At 1 Oct 2022 |
Cash flows |
At 30 Nov 2023 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
3,585 |
|
Debt due within one year |
(3,188,828) |
(2,363,003) |
(5,551,831) |
Debt due after one year |
(2,555,190) |
2,555,190 |
– |
------------ |
------------ |
------------ |
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(
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(
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------------ |
------------ |
------------ |
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