Company registration number SC467509 (Scotland)
HFD DATAVITA LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
HFD DATAVITA LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 13
HFD DATAVITA LIMITED
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
63,033,580
47,155,167
Current assets
Stocks
47,543
-
Debtors
5
35,572,827
31,785,481
Cash at bank and in hand
1,018,286
1,957,760
36,638,656
33,743,241
Creditors: amounts falling due within one year
6
(14,866,123)
(8,710,981)
Net current assets
21,772,533
25,032,260
Total assets less current liabilities
84,806,113
72,187,427
Creditors: amounts falling due after more than one year
7
(17,734,616)
(20,129,033)
Provisions for liabilities
Deferred tax liability
8
13,281,389
9,708,747
(13,281,389)
(9,708,747)
Net assets
53,790,108
42,349,647
Capital and reserves
Called up share capital
9
29,000,001
29,000,001
Revaluation reserve
10
37,407,949
26,471,699
Profit and loss reserves
11
(12,617,842)
(13,122,053)
Total equity
53,790,108
42,349,647
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 January 2025 and are signed on its behalf by:
Mr W D Hill
Director
Company registration number SC467509 (Scotland)
HFD DATAVITA LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
Share capital
Revaluation reserve
Profit and loss reserves
Total
£
£
£
£
Balance at 1 July 2022
29,000,001
26,471,699
(13,253,309)
42,218,391
Year ended 30 June 2023:
Profit and total comprehensive income
-
-
131,256
131,256
Balance at 30 June 2023
29,000,001
26,471,699
(13,122,053)
42,349,647
Year ended 30 June 2024:
Profit
-
-
504,211
504,211
Other comprehensive income:
Adjustments to fair value of financial assets
-
14,600,000
-
14,600,000
Tax relating to other comprehensive income
-
(3,663,750)
(3,663,750)
Total comprehensive income
-
10,936,250
504,211
11,440,461
Balance at 30 June 2024
29,000,001
37,407,949
(12,617,842)
53,790,108
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information
HFD Datavita Limited is a private company limited by shares incorporated in Scotland. The registered office is Fortis Datacentre, York Road, Chapelhall, Airdrie, ML6 8HW.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
This company is a qualifying entity for the purpose of FRS 102, being a member group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:
Section 7 'Statement of Cash Flows': Presentation of a statement of cash flow and related notes and disclosures;
Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues': Interest income/expense and net gains/losses for each category of financial instrument; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;
Section 33 'Related Party Disclosures': Compensation for key management personnel.
The financial statements of the company are consolidated in the financial statements of HFD Group Holdings Limited. These consolidated financial statements are available from its registered office, 177 Bothwell Street, Glasgow G2 7ER.
1.2
Going concern
The directors are required to prepare the statutory financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. In satisfaction of this responsibility the directors have considered the group's ability to meet its liabilities as they fall due.true
The company meets its day to day working capital requirements through its day to day trading. The company closely monitors and manages its funding position and liquidity risk throughout the year to ensure that it has access to sufficient funds to meet forecast cash requirements.
The current and future financial position of the company, its cash flows and liquidity position have been reviewed by the directors. The directors are confident that the existing funding facilities will provide sufficient headroom to meet forecast cash requirements. The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. Turnover continues to grow and the directors expect the company to continue to achieve profitability in the future.
The directors therefore believe it is appropriate to prepare the financial statements on a going concern basis.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 4 -
The turnover shown in the profit and loss account represents amounts receivable during the year in respect of co-location, connect, cloud infrastructure and related services, (exclusive of Value Added Tax) and is recognised on the provision of these services.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or revaluation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
straight line over 75 years
Leasehold land and buildings
25% on cost
Plant and equipment
at varying rates on cost
Fixtures and fittings
25% on cost
Computers
14%- 20% on cost
Motor vehicles
25% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.5
Impairment of fixed assets
A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.
1.6
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
1.7
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 5 -
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
1.9
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.10
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 6 -
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.11
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.12
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
A defined contribution pension scheme is operated for all qualifying employees through HFD Payroll Limited and all expenses recharged to HFD Datavita Limited. The assets of the scheme are held separately from those of the group in an independently administered fund.
1.13
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
1.14
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 7 -
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.
Residual value
An independent valuation of land and buildings was undertaken in March 2021 by a RICS regulated practice on a market value basis. The valuation conformed to International Valuation Standards and was based on recent market data transactions performed on arm's length terms as at March 2021. The directors valuation was based on a desktop valuation provided by a third party.
In conjunction with the 2021 valuation report, the directors have reviewed current market data and conditions to revalue the land and buildings, resulting in an uplift to £53,000,000. This information has been utilised by management to determine the carrying value of land and buildings in these financial statements as of 30 June 2024. Depreciation was initially charged based on a residual value of £9,150,000, which has since been reversed following the uplift. As the facility is not yet operating at full capacity, the directors consider the net book value to be representative of the residual value as of 30 June 2024.
3
Employees
Contractually all employees of HFD Datavita Limited sit within HFD Payroll Limited. However an average of 35 employees were dedicated to providing services on behalf of HFD Datavita Limited during the year ended 30 June 2024 (2023: 29 employees).
Remuneration costs were borne by HFD Payroll Limited and recharged to HFD Datavita Limited.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 8 -
4
Tangible fixed assets
Freehold land and buildings
Leasehold land and buildings
Assets under construction
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
£
£
Cost
At 1 July 2023
38,400,000
4,517,774
46,058
187,028
7,002,768
64,390
50,218,018
Additions
55,000
991,052
691,504
493,439
187,006
417,411
5,362
2,840,774
Disposals
(14,104)
(82,479)
(1,649,878)
(1,746,461)
Revaluation
14,600,000
14,600,000
Transfers
4,747,774
(4,747,774)
At 30 June 2024
53,055,000
5,738,826
461,504
525,393
291,555
5,770,301
69,752
65,912,331
Depreciation and impairment
At 1 July 2023
24,653
91,415
2,925,320
21,463
3,062,851
Depreciation charged in the year
584,667
43,837
58,256
1,106,054
17,103
1,809,917
Eliminated in respect of disposals
(14,104)
(82,479)
(1,312,767)
(1,409,350)
Revaluation
(584,667)
(584,667)
At 30 June 2024
54,386
67,192
2,718,607
38,566
2,878,751
Carrying amount
At 30 June 2024
53,055,000
5,738,826
461,504
471,007
224,363
3,051,694
31,186
63,033,580
At 30 June 2023
38,400,000
4,517,774
21,405
95,613
4,077,448
42,927
47,155,167
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
4
Tangible fixed assets
(Continued)
- 9 -
The company exercised its option to purchase the landlords' interests in October 2023, effectively converting its ownership interests in Fortis Datacentre from long leasehold to freehold (for £1 for each of the two titles).
A professional third-party desktop valuation of the Fortis Datacentre was conducted by CBRE, RICS Registered Valuers, in February 2024 resulting in a valuation of £53,000,000. The directors have concluded that this updated valuation represents the fair value of Fortis Datacentre and is appropriate as of 30 June 2024.
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
2,491,523
691,580
Unpaid share capital
1
1
Corporation tax recoverable
225,281
Amounts owed by group undertakings
1,972,799
868,267
Other debtors
1,345,094
42,922
Prepayments and accrued income
1,548,689
1,742,709
7,358,106
3,570,760
2024
2023
Amounts falling due after more than one year:
£
£
Prepayments and accrued income
28,214,721
28,214,721
Total debtors
35,572,827
31,785,481
Other debtors due within one year includes amounts due from related parties of £714,930 (2023: £42,922).
The other debtors due out with one year balance of £28,214,721 represents an advance payment in the purchase of Fortis Datacentre. The balance is deemed intercompany with the advance payment made to a fellow subsidiary of HFD Group Limited.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 10 -
6
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Obligations under finance leases
597,569
869,286
Trade creditors
2,462,065
908,445
Amounts owed to group undertakings
9,469,558
347,911
Corporation tax
260,845
Other taxation and social security
29,826
Other creditors
1,304,385
66,217
Accruals and deferred income
771,701
6,489,296
14,866,123
8,710,981
Subsequent to the year-end, the company increased its loan facility with HFD Group Limited, resulting in an increase in total loans owed by £5,056,476 to £23,435,587.
From 1 December 2024 amounts owed to group undertakings have repayment terms of £750,000 per quarter.
7
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Obligations under finance leases
855,505
1,229,033
Amounts owed to group undertakings
16,879,111
18,900,000
17,734,616
20,129,033
8
Deferred taxation
The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:
Liabilities
Liabilities
2024
2023
Balances:
£
£
Fixed asset timing differences
793,740
884,848
Capital gains/(losses)
12,487,649
8,823,899
13,281,389
9,708,747
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
8
Deferred taxation
(Continued)
- 11 -
2024
Movements in the year:
£
Liability at 1 July 2023
9,708,747
Credit to profit or loss
(91,108)
Charge to other comprehensive income
3,663,750
Liability at 30 June 2024
13,281,389
9
Share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary shares of £1 each
29,000,001
29,000,001
29,000,001
29,000,001
10
Revaluation reserve
The revaluation reserve represents the cumulative gain or loss on the revaluation of tangible fixed asset properties and related deferred tax.
11
Profit and loss reserves
The profit and loss reserves represents cumulative profits and losses, less any dividends paid.
12
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Senior Statutory Auditor:
James Hamilton
Statutory Auditor:
Johnston Carmichael LLP
Date of audit report:
10 January 2025
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 12 -
13
Related party transactions
Sales
Sales
Purchases
Purchases
2024
2023
2024
2023
£
£
£
£
Other related parties
596,061
5,040
41,172
142,522
The following amounts were outstanding at the reporting end date:
2024
2023
Amounts due to related parties
£
£
Other related parties
-
65,933
2024
2023
Amounts due from related parties
£
£
Other related parties
714,930
42,922
Other information
The company has taken advantage of the exemption available in FRS 102 1A whereby it has not disclosed transactions with the immediate parent or any wholly owned subsidiary undertaking of the group.
HFD DATAVITA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 13 -
14
Events after the reporting date
On 29th October 2024, HFD Datavita Limited as a subsidiary of HFD Group Holdings Limited was acquired by HFD Holdco Limited as part of internal restructuring of the business.
Subsequent to the year-end, the company increased its loan facility with HFD Group Limited, resulting in an increase in total loans owed by £5,056,476 to £23,435,587.
15
Ultimate controlling party
As disclosed at Note 14, the ultimate parent company became HFD Holdco Limited post year end, a company registered within the UK.
These financial statements are not consolidated in the financial statements of HFD Holdco Limited as the company did not hold significant control at the year end.
The controlling party and ultimate parent at the reporting date is HFD Group Holdings Limited which is the largest and smallest group of companies for which group financial statements are prepared. Copies of group financial statements are available to the public from Companies House.
The Hill 2011 Trust and Alexander Trust and their members are considered to be the ultimate controlling party due to their majority shareholding in HFD Group Holdings Limited.
2024-06-302023-07-01false10 January 2025CCH SoftwareCCH Accounts Production 2023.300No description of principal activityThis audit opinion is unqualifiedMr W D HillMr G LogieMr D QuinnfalseSC4675092023-07-012024-06-30SC4675092024-06-30SC4675092023-06-30SC467509core:LandBuildingscore:OwnedOrFreeholdAssets2024-06-30SC467509core:LandBuildingscore:LeasedAssetsHeldAsLessee2024-06-30SC467509core:ConstructionInProgressAssetsUnderConstruction2024-06-30SC467509core:PlantMachinery2024-06-30SC467509core:FurnitureFittings2024-06-30SC467509core:ComputerEquipment2024-06-30SC467509core:MotorVehicles2024-06-30SC467509core:LandBuildingscore:OwnedOrFreeholdAssets2023-06-30SC467509core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-06-30SC467509core:ConstructionInProgressAssetsUnderConstruction2023-06-30SC467509core:PlantMachinery2023-06-30SC467509core:FurnitureFittings2023-06-30SC467509core:ComputerEquipment2023-06-30SC467509core:MotorVehicles2023-06-30SC467509core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-30SC467509core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-30SC467509core:Non-currentFinancialInstrumentscore:AfterOneYear2024-06-30SC467509core:Non-currentFinancialInstrumentscore:AfterOneYear2023-06-30SC467509core:CurrentFinancialInstruments2024-06-30SC467509core:CurrentFinancialInstruments2023-06-30SC467509core:Non-currentFinancialInstruments2024-06-30SC467509core:Non-currentFinancialInstruments2023-06-30SC467509core:ShareCapital2024-06-30SC467509core:ShareCapital2023-06-30SC467509core:RevaluationReserve2024-06-30SC467509core:RevaluationReserve2023-06-30SC467509core:RetainedEarningsAccumulatedLosses2024-06-30SC467509core:RetainedEarningsAccumulatedLosses2023-06-30SC467509core:ShareCapital2022-06-30SC467509core:RevaluationReserve2022-06-30SC467509core:RetainedEarningsAccumulatedLosses2022-06-30SC467509bus:Director12023-07-012024-06-30SC467509core:RetainedEarningsAccumulatedLosses2022-07-012023-06-30SC4675092022-07-012023-06-30SC467509core:RetainedEarningsAccumulatedLosses2023-07-012024-06-30SC467509core:RevaluationReserve12023-07-012024-06-30SC467509core:RevaluationReserve2023-07-012024-06-30SC467509core:LandBuildingscore:OwnedOrFreeholdAssets2023-07-012024-06-30SC467509core:LandBuildingscore:LongLeaseholdAssets2023-07-012024-06-30SC467509core:PlantMachinery2023-07-012024-06-30SC467509core:FurnitureFittings2023-07-012024-06-30SC467509core:ComputerEquipment2023-07-012024-06-30SC467509core:MotorVehicles2023-07-012024-06-30SC467509core:LandBuildingscore:OwnedOrFreeholdAssets2023-06-30SC467509core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-06-30SC467509core:ConstructionInProgressAssetsUnderConstruction2023-06-30SC467509core:PlantMachinery2023-06-30SC467509core:FurnitureFittings2023-06-30SC467509core:ComputerEquipment2023-06-30SC467509core:MotorVehicles2023-06-30SC4675092023-06-30SC467509core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-07-012024-06-30SC467509core:ConstructionInProgressAssetsUnderConstruction2023-07-012024-06-30SC467509core:OtherRelatedPartiescore:SaleOrPurchaseGoods2023-07-012024-06-30SC467509core:OtherRelatedPartiescore:SaleOrPurchaseGoods2022-07-012023-06-30SC467509bus:PrivateLimitedCompanyLtd2023-07-012024-06-30SC467509bus:SmallCompaniesRegimeForAccounts2023-07-012024-06-30SC467509bus:FRS1022023-07-012024-06-30SC467509bus:Audited2023-07-012024-06-30SC467509bus:Director22023-07-012024-06-30SC467509bus:Director32023-07-012024-06-30SC467509bus:FullAccounts2023-07-012024-06-30xbrli:purexbrli:sharesiso4217:GBP