Company registration number 14175035 (England and Wales)
STOQ GROUP HOLDINGS LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024
30 April 2024
PAGES FOR FILING WITH REGISTRAR
STOQ GROUP HOLDINGS LIMITED
CONTENTS
Page
Group balance sheet
1 - 2
Company balance sheet
3
Notes to the financial statements
4 - 13
STOQ GROUP HOLDINGS LIMITED
GROUP BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
4
18,037
-
Tangible assets
5
46,213
58,858
64,250
58,858
Current assets
Stocks
1,240,089
1,013,800
Debtors
8
2,079,459
2,292,980
Cash at bank and in hand
1,619,085
580,376
4,938,633
3,887,156
Creditors: amounts falling due within one year
9
(3,818,254)
(2,841,621)
Net current assets
1,120,379
1,045,535
Total assets less current liabilities
1,184,629
1,104,393
Creditors: amounts falling due after more than one year
10
(52,177)
(198,778)
Provisions for liabilities
(8,409)
-
Net assets
1,124,043
905,615
Capital and reserves
Called up share capital
400
400
Profit and loss reserves
1,123,643
905,215
Total equity
1,124,043
905,615
STOQ GROUP HOLDINGS LIMITED
GROUP BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024
30 April 2024
- 2 -

For the financial year ended 30 April 2024 the group was entitled to exemption from audit under section 477 of the Companies Act 2006.

Directors' responsibilities under the Companies Act 2006:

 

These financial statements have been prepared in accordance with the provisions applicable to groups and companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 29 January 2025 and are signed on its behalf by:
29 January 2025
Mr G McCarty
Mr J Milner
Director
Director
Company registration number 14175035 (England and Wales)
STOQ GROUP HOLDINGS LIMITED
COMPANY BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 3 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
6
21,708
21,708
Current assets
Debtors
8
400
400
Creditors: amounts falling due within one year
9
(22,978)
(21,708)
Net current liabilities
(22,578)
(21,308)
Net (liabilities)/assets
(870)
400
Capital and reserves
Called up share capital
400
400
Profit and loss reserves
(1,270)
-
Total equity
(870)
400

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared 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 29 January 2025 and are signed on its behalf by:
29 January 2025
Mr G McCarty
Mr J Milner
Director
Director
Company registration number 14175035 (England and Wales)
STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
1
Accounting policies
Company information

Stoq Group Holdings Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is Studio A1, Parkview, West Hanningfield Road, Great Baddow, Chelmsford, Essex, England, CM2 7SY.

 

The group consists of Stoq Group Holdings Limited and all of its subsidiaries.

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 as applicable to companies subject to the small companies regime. 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 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.

The company is a qualifying entity for the purposes of FRS 102, being a member of a 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 for parent company information presented within the consolidated financial statements:

 

1.2
Business combinations

In the parent company financial statements, the cost of a business combination has been recorded using merger accounting. As a result of this application, there has been no requirement to uplift consideration to fair value and the effective start date for the group is not treated as the date of incorporation for Stoq Group Holdings Limited.

 

Deferred tax is recognised on differences between the value of assets (other than goodwill) and liabilities recognised in a business combination accounted for using the purchase method and the amounts that can be deducted or assessed for tax, considering the manner in which the carrying amount of the asset or liability is expected to be recovered or settled. The deferred tax recognised is adjusted against goodwill or negative goodwill.

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 5 -
1.3
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company Stoq Group Holdings Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

 

All financial statements are made up to 30 April 2024. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the group.

 

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

 

The merger method of accounting has been used when the business combination was a reconstruction and there was no change in control. The comparatives are restated to show the Group as though the merger has always existed.

 

The merger method has been applied to Interstoq Ltd., whose registered office is Studio A1 Parkview West Hanningfield, Great Baddow, Chelmsford, Essex, England CM2 7SY.

Apart from those recognised under merger accounting, subsidiaries are consolidated in the group’s financial statements from the date that control commences until the date that control ceases.

1.4
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods 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.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.5
Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

1.6
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

 

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 6 -

Amortisation 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:

Development costs
20% straight line
1.7
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, 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:

Leasehold improvements
5% straight line
Computers
25% straight line

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 recognised in the profit and loss account.

1.8
Fixed asset investments

Equity investments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

 

In the parent company financial statements, investments in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.9
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

 

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

 

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 7 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.10
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.

1.11
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.

1.12
Financial instruments

The group 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 group's balance sheet when the group becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset and 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.

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.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 8 -
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.

 

Trade creditors are obligations to pay for goods 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.

1.13
Equity instruments

Equity instruments issued by the group 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 group.

1.14
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 group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

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 if, and only if, there is 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.

1.15
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.

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 9 -
1.16
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.17
Leases

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 leased asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the group’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.

3
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2024
2023
2024
2023
Number
Number
Number
Number
Total
10
9
2
2
STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 10 -
4
Intangible fixed assets
Group
Other
£
Cost
At 1 May 2023
-
0
Additions
20,419
At 30 April 2024
20,419
Amortisation and impairment
At 1 May 2023
-
0
Amortisation charged for the year
2,382
At 30 April 2024
2,382
Carrying amount
At 30 April 2024
18,037
At 30 April 2023
-
0
The company had no intangible fixed assets at 30 April 2024 or 30 April 2023.
5
Tangible fixed assets
Group
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 May 2023
10,330
79,280
89,610
Additions
-
0
7,015
7,015
At 30 April 2024
10,330
86,295
96,625
Depreciation and impairment
At 1 May 2023
279
30,473
30,752
Depreciation charged in the year
3,350
16,310
19,660
At 30 April 2024
3,629
46,783
50,412
Carrying amount
At 30 April 2024
6,701
39,512
46,213
The company had no tangible fixed assets at 30 April 2024 or 30 April 2023.
STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 11 -
6
Fixed asset investments
Group
Company
2024
2023
2024
2023
£
£
£
£
Investments in subsidiaries
-
0
-
0
21,708
21,708
Movements in fixed asset investments
Company
Shares in subsidiaries
£
Cost or valuation
At 1 May 2023 and 30 April 2024
21,708
Carrying amount
At 30 April 2024
21,708
At 30 April 2023
21,708
7
Subsidiaries

Details of the company's subsidiaries at 30 April 2024 are as follows:

Name of undertaking
Address
Class of
% Held
shares held
Direct
Interstoq Ltd
UK
Ordinary £1
100.00
Interstoq GmbH
Germany
Ordinary £1
100.00

Registered office addresses (all UK unless otherwise indicated):

1
Studio A1 Parkview West Hanningfield, Great Baddow, Chelmsford, Essex, CM7 7SY
2
Grosshandel, Stadtweide 17, 46446 Emmerich am Rhein, Germany
8
Debtors
Group
Company
2024
2023
2024
2023
Amounts falling due within one year:
£
£
£
£
Trade debtors
1,837,151
2,132,085
-
0
-
0
Other debtors
242,308
160,895
400
400
2,079,459
2,292,980
400
400
STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 12 -
9
Creditors: amounts falling due within one year
Group
Company
2024
2023
2024
2023
£
£
£
£
Bank loans
1,381,137
616,366
-
0
-
0
Trade creditors
2,172,480
1,697,420
-
0
-
0
Amounts owed to group undertakings
-
0
-
0
22,978
21,708
Corporation tax payable
180,890
152,953
-
0
-
0
Other taxation and social security
53,244
98,617
-
0
-
0
Other creditors
30,503
276,265
-
0
-
0
3,818,254
2,841,621
22,978
21,708

Bank loans contain an amount of £59,583 relating to a CBILS loan, which has an 80% government-backed partial guarantee. The company has provided a fixed and floating charge over all assets as security for the loan. There is also a invoice discounting facility provided from Close Brothers of £1,234,536 secured over the sales invoices raised.

 

10
Creditors: amounts falling due after more than one year
Group
Company
2024
2023
2024
2023
£
£
£
£
Bank loans and overdrafts
52,177
198,778
-
0
-
0
11
Loans and overdrafts
Group
Company
2024
2023
2024
2023
£
£
£
£
Bank loans
1,433,314
815,144
-
0
-
0
Other loans
2,250
1,406
-
-
1,435,564
816,550
-
-
Payable within one year
1,383,387
617,772
-
-
Payable after one year
52,177
198,778
-
0
-
0

 

Bank loans contain an amount of £59,583 relating to a CBILS loan, which has an 80% government-backed partial guarantee. The company has provided a fixed and floating charge over all assets as security for the loan. There is also a invoice discounting facility provided from Close Brothers of £1,234,536 secured over the sales invoices raised.

 

STOQ GROUP HOLDINGS LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 13 -
12
Directors' transactions
Description
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Directors
2,044
300
(2,044)
300
2,044
300
(2,044)
300
2024-04-302023-05-01falseCCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr G McCartyMr J Milnerfalsefalse14175035bus:Consolidated2023-05-012024-04-30141750352023-05-012024-04-30141750352024-04-3014175035bus:Consolidated2024-04-3014175035bus:Consolidated2023-04-3014175035core:LandBuildingsbus:Consolidated2024-04-3014175035core:OtherPropertyPlantEquipmentbus:Consolidated2024-04-3014175035core:ShareCapitalbus:Consolidated2024-04-3014175035core:ShareCapitalbus:Consolidated2023-04-3014175035core:ShareCapital2024-04-3014175035core:ShareCapital2023-04-3014175035core:RetainedEarningsAccumulatedLosses2024-04-3014175035bus:Director12023-05-012024-04-3014175035bus:Director22023-05-012024-04-30141750352023-04-3014175035core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3014175035core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-05-012024-04-3014175035core:LeaseholdImprovements2023-05-012024-04-3014175035core:ComputerEquipment2023-05-012024-04-30141750352022-05-012023-04-3014175035core:IntangibleAssetsOtherThanGoodwillbus:Consolidated2023-04-3014175035core:IntangibleAssetsOtherThanGoodwillbus:Consolidated2024-04-3014175035core:IntangibleAssetsOtherThanGoodwillbus:Consolidated2023-05-012024-04-3014175035core:IntangibleAssetsOtherThanGoodwillbus:Consolidated2023-04-3014175035core:LandBuildingsbus:Consolidated2023-04-3014175035core:OtherPropertyPlantEquipmentbus:Consolidated2023-04-3014175035bus:Consolidated2023-04-3014175035core:LandBuildingsbus:Consolidated2023-05-012024-04-3014175035core:OtherPropertyPlantEquipmentbus:Consolidated2023-05-012024-04-3014175035core:WithinOneYearbus:Consolidated2024-04-3014175035core:WithinOneYearbus:Consolidated2023-04-3014175035core:CurrentFinancialInstrumentscore:WithinOneYear2024-04-3014175035core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3014175035core:Non-currentFinancialInstrumentscore:AfterOneYearbus:Consolidated2024-04-3014175035core:Non-currentFinancialInstrumentscore:AfterOneYearbus:Consolidated2023-04-3014175035core:Non-currentFinancialInstrumentscore:AfterOneYear2024-04-3014175035core:Non-currentFinancialInstrumentscore:AfterOneYear2023-04-3014175035core:CurrentFinancialInstrumentscore:WithinOneYearbus:Consolidated2024-04-3014175035core:CurrentFinancialInstrumentscore:WithinOneYearbus:Consolidated2023-04-3014175035core:CurrentFinancialInstrumentsbus:Consolidated2024-04-3014175035core:CurrentFinancialInstrumentsbus:Consolidated2023-04-3014175035core:CurrentFinancialInstruments2024-04-3014175035core:CurrentFinancialInstruments2023-04-3014175035bus:PrivateLimitedCompanyLtd2023-05-012024-04-3014175035bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3014175035bus:FRS1022023-05-012024-04-3014175035bus:AuditExemptWithAccountantsReport2023-05-012024-04-3014175035bus:ConsolidatedGroupCompanyAccounts2023-05-012024-04-3014175035bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP