|
|
|
|
Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Director's report |
3 |
Independent auditor's report to the members |
5 |
Income statement |
9 |
Statement of financial position |
10 |
Statement of changes in equity |
11 |
Statement of cash flows |
12 |
Notes to the financial statements |
13 |
|
Officers and Professional Advisers |
Director |
|
Company secretary |
|
Registered office |
|
|
|
|
|
|
|
|
|
Auditor |
|
Chartered accountants & statutory auditor |
|
29B Main Street |
|
Randalstown |
|
County Antrim |
|
BT41 3AB |
|
Bankers |
|
11 - 16 Donegall Square East |
|
Belfast |
|
BT1 5UB |
|
|
Strategic Report |
|
|
Director |
|
Registered office: |
|
|
|
|
|
|
Director's Report |
|
|
|
(Resigned
|
|
|
Director |
|
Registered office: |
|
|
|
|
|
|
Independent Auditor's Report to the Members of
|
|
|
Chartered accountants & statutory auditor |
29B Main Street |
Randalstown |
County Antrim |
BT41 3AB |
|
Income Statement |
Period from |
|||
1 May 23 to |
Year to |
||
31 Mar 24 |
30 Apr 23 |
||
Note |
£ |
£ |
|
Turnover |
4 |
|
|
Cost of sales |
|
|
------------- |
------------- |
|
Gross profit |
|
|
Administrative expenses |
|
|
|
------------ |
------------ |
||
Operating profit |
5 |
|
|
Interest payable and similar expenses |
9 |
|
|
------------ |
------------ |
||
Profit before taxation |
|
|
|
Tax on profit |
10 |
|
|
------------ |
------------ |
||
Profit for the financial period |
|
|
|
------------ |
------------ |
||
|
Statement of Financial Position |
31 Mar 24 |
30 Apr 23 |
||
Note |
£ |
£ |
£ |
Tangible assets |
12 |
|
|
|
Debtors |
13 |
|
|
|
Cash at bank and in hand |
|
|
||
------------ |
------------ |
|||
|
|
|||
Creditors: amounts falling due within one year |
14 |
|
|
|
------------ |
------------ |
|||
Net current assets |
|
|
||
------------ |
------------ |
|||
Total assets less current liabilities |
|
|
||
Creditors: amounts falling due after more than one year |
15 |
|
|
|
------------ |
------------ |
|||
Net assets |
|
|
||
------------ |
------------ |
|||
Called up share capital |
16 |
|
|
|
Revaluation reserve |
17 |
|
|
|
Profit and loss account |
17 |
|
|
|
------------ |
------------ |
|||
Shareholders funds |
|
|
||
------------ |
------------ |
|||
|
|
Director |
|
|
Statement of Changes in Equity |
Called up share capital |
Revaluation reserve |
Profit and loss account |
Total |
||
£ |
£ |
£ |
£ |
||
At 1 May 2022 |
|
|
|
|
|
Profit for the period |
|
|
|||
---- |
--------- |
------------ |
------------ |
||
Total comprehensive income for the period |
– |
– |
|
|
|
Dividends paid and payable |
11 |
– |
– |
(
|
(
|
---- |
--------- |
------------ |
------------ |
||
Total investments by and distributions to owners |
– |
– |
(
|
(
|
|
At 30 April 2023 |
|
|
|
|
|
Profit for the period |
|
|
|||
---- |
--------- |
------------ |
------------ |
||
Total comprehensive income for the period |
– |
– |
|
|
|
Dividends paid and payable |
11 |
– |
– |
(
|
(
|
---- |
---- |
------------ |
------------ |
||
Total investments by and distributions to owners |
– |
– |
(
|
(
|
|
---- |
--------- |
------------ |
------------ |
||
At 31 March 2024 |
|
|
|
|
|
---- |
--------- |
------------ |
------------ |
||
|
Statement of Cash Flows |
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Profit for the financial period |
|
|
Adjustments for: |
||
Depreciation of tangible assets |
|
|
Interest payable and similar expenses |
|
|
Tax on profit |
|
|
Accrued expenses |
|
|
Changes in: |
||
Trade and other debtors |
(
|
|
Trade and other creditors |
(
|
|
------------ |
------------ |
|
Cash generated from operations |
|
|
Interest paid |
(
|
(
|
Tax paid |
(
|
(
|
--------- |
------------ |
|
Net cash from operating activities |
|
|
--------- |
------------ |
|
Purchase of tangible assets |
(
|
(
|
--------- |
------------ |
|
Net cash used in investing activities |
(
|
(
|
--------- |
------------ |
|
Proceeds from borrowings |
(
|
(
|
Dividends paid |
(
|
(
|
------------ |
------------ |
|
Net cash used in financing activities |
(
|
(
|
------------ |
------------ |
|
Net (decrease)/increase in cash and cash equivalents |
(
|
|
Cash and cash equivalents at beginning of period |
1,220,512 |
194,095 |
------------ |
------------ |
|
Cash and cash equivalents at end of period |
|
|
------------ |
------------ |
|
|
Notes to the Financial Statements |
Land and buildings |
- |
|
|
Fixtures and fittings |
- |
|
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Rendering of services |
|
|
------------- |
------------- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Depreciation of tangible assets |
|
|
Foreign exchange differences |
|
|
--------- |
--------- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Fees payable for the audit of the financial statements |
|
|
------- |
------- |
|
Other non-audit services |
|
|
-------- |
------- |
|
31 Mar 24 |
30 Apr 23 |
|
No. |
No. |
|
Administrative staff |
|
|
Management staff |
5 |
5 |
Number of consultants |
|
|
Number of temps |
377
|
247
|
---- |
---- |
|
|
|
|
---- |
---- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Wages and salaries |
|
|
------------ |
------------ |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Remuneration |
– |
|
---- |
------- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Interest on banks loans and overdrafts |
|
|
-------- |
-------- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
UK current tax expense |
|
|
--------- |
--------- |
|
Tax on profit |
|
|
--------- |
--------- |
|
Period from |
||
1 May 23 to |
Year to |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Profit on ordinary activities before taxation |
|
|
------------ |
------------ |
|
Profit on ordinary activities by rate of tax |
|
|
Effect of capital allowances and depreciation |
|
|
Effect of different UK tax rates on some earnings |
– |
12,562 |
------------ |
------------ |
|
Tax on profit |
|
|
------------ |
------------ |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Dividends paid during the period (excluding those for which a liability existed at the end of the prior period ) |
|
|
------------ |
------------ |
|
Land and buildings |
Fixtures and fittings |
Total |
|
£ |
£ |
£ |
|
Cost |
|||
At 1 May 2023 |
|
|
|
Additions |
– |
|
|
--------- |
------------ |
------------ |
|
At 31 March 2024 |
|
|
|
--------- |
------------ |
------------ |
|
Depreciation |
|||
At 1 May 2023 |
|
|
|
Charge for the period |
|
|
|
--------- |
------------ |
------------ |
|
At 31 March 2024 |
|
|
|
--------- |
------------ |
------------ |
|
Carrying amount |
|||
At 31 March 2024 |
|
|
|
--------- |
------------ |
------------ |
|
At 30 April 2023 |
|
|
|
--------- |
------------ |
------------ |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Trade debtors |
|
|
Prepayments and accrued income |
|
|
Other debtors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Accruals and deferred income |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
31 Mar 24 |
30 Apr 23 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
--------- |
--------- |
|
31 Mar 24 |
30 Apr 23 |
|||
No. |
£ |
No. |
£ |
|
|
|
2 |
|
2 |
---- |
---- |
---- |
---- |
|
At 1 May 2023 |
Cash flows |
At 31 Mar 2024 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
(1,112,489) |
|
Debt due within one year |
(206,273) |
– |
(206,273) |
Debt due after one year |
(555,171) |
203,437 |
(351,734) |
------------ |
------------ |
--------- |
|
|
(
|
(
|
|
------------ |
------------ |
--------- |
|
|
Notes to the Financial Statements (continued) |
31 Mar 24 |
||||
Balance brought forward |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
||
|
– |
– |
– |
|
---- |
---- |
---- |
||
30 Apr 23 |
||||
Balance brought forward |
Amounts repaid |
Balance outstanding |
||
£ |
£ |
£ |
||
|
(
|
|
– |
|
--------- |
--------- |
---- |
||