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Financial Statements |
Contents |
Pages |
Officers and professional advisers |
1 |
Strategic report |
2 to 3 |
Directors' report |
4 to 5 |
Independent auditor's report to the members |
6 to 9 |
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 to 25 |
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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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2 Westbrook Court |
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Sharrow Vale Road |
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Sheffield |
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S11 8YZ |
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Strategic Report |
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Director |
Registered office: |
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Directors' Report |
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Mr N Burgin
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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 |
2 Westbrook Court |
Sharrow Vale Road |
Sheffield |
S11 8YZ |
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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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Other operating income |
5 |
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Operating profit |
6 |
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Other interest receivable and similar income |
9 |
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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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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 |
£ |
£ |
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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Consolidated Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible assets |
11 |
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Stocks |
13 |
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Debtors |
14 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
15 |
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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 |
16 |
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Provisions |
17 |
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Net assets |
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Called up share capital |
20 |
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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 |
£ |
£ |
Tangible assets |
11 |
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Investments |
12 |
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Debtors |
14 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
15 |
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Net current (liabilities)/assets |
(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
16 |
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Provisions |
17 |
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Net assets |
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Called up share capital |
20 |
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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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Other interest receivable and similar income |
(
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(
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Tax on profit |
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Accrued expenses/(income) |
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(
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Changes in: |
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Stocks |
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Trade and other debtors |
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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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Net cash from operating activities |
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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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Net cash used in investing activities |
(
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(
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Repayments of borrowings |
(
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– |
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Net cash used in financing activities |
(
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– |
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Net (decrease)/increase in cash and cash equivalents |
(
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Cash and cash equivalents at beginning of year |
3,442,285 |
1,441,894 |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
Plant and machinery |
- |
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Fixtures and fittings |
- |
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2024 |
2023 |
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£ |
£ |
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Provision of accomodation and related guest spend |
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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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Depreciation of tangible assets |
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Impairment of trade debtors |
– |
6,253 |
--------- |
-------- |
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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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Administrative staff |
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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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2024 |
2023 |
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£ |
£ |
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Interest on bank deposits |
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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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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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Tax on profit |
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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 capital allowances and depreciation |
– |
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Tax on profit |
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Group |
Freehold property |
Plant and machinery |
Fixtures and fittings |
Total |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2023 |
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Additions |
– |
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At 31 March 2024 |
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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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--------- |
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At 31 March 2024 |
– |
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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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Company |
Freehold property |
Plant and machinery |
Total |
£ |
£ |
£ |
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Cost |
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At 1 April 2023 and 31 March 2024 |
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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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At 31 March 2024 |
– |
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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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Company |
Shares in group undertakings |
£ |
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Cost |
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At 1 April 2023 and 31 March 2024 |
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Impairment |
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At 1 April 2023 and 31 March 2024 |
– |
---- |
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Carrying amount |
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At 1 April 2023 and 31 March 2024 |
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At 31 March 2023 |
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Registered office |
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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C/O Director of Finance |
Ordinary |
100 |
Mosborough Hall Hotel |
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High Street |
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Sheffield |
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S20 5EA |
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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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---- |
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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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Other debtors |
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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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– |
– |
Amounts owed to group undertakings |
– |
– |
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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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Other creditors |
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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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Long term loan notes |
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--------- |
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Group |
Deferred tax (note 18) |
£ |
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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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Company |
Deferred tax (note 18) |
£ |
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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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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Included in provisions (note 17) |
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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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2024 |
2023 |
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No. |
£ |
No. |
£ |
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895 |
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895 |
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280 |
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280 |
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29 |
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29 |
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224 |
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224 |
-------- |
------- |
-------- |
------- |
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1,428 |
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1,428 |
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-------- |
------- |
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------- |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(1,432,107) |
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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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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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