Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true2023-05-01falseNo description of principal activity7274trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00811585 2023-05-01 2024-04-30 00811585 2022-05-01 2023-04-30 00811585 2024-04-30 00811585 2023-04-30 00811585 2022-05-01 00811585 c:CompanySecretary1 2023-05-01 2024-04-30 00811585 c:Director1 2023-05-01 2024-04-30 00811585 c:Director2 2023-05-01 2024-04-30 00811585 c:Director3 2023-05-01 2024-04-30 00811585 c:Director4 2023-05-01 2024-04-30 00811585 c:RegisteredOffice 2023-05-01 2024-04-30 00811585 d:PlantMachinery 2023-05-01 2024-04-30 00811585 d:PlantMachinery 2024-04-30 00811585 d:PlantMachinery 2023-04-30 00811585 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00811585 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 00811585 d:FurnitureFittings 2023-05-01 2024-04-30 00811585 d:FurnitureFittings 2024-04-30 00811585 d:FurnitureFittings 2023-04-30 00811585 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00811585 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 00811585 d:ComputerEquipment 2023-05-01 2024-04-30 00811585 d:ComputerEquipment 2024-04-30 00811585 d:ComputerEquipment 2023-04-30 00811585 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00811585 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 00811585 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00811585 d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 00811585 d:CurrentFinancialInstruments 2024-04-30 00811585 d:CurrentFinancialInstruments 2023-04-30 00811585 d:Non-currentFinancialInstruments 2024-04-30 00811585 d:Non-currentFinancialInstruments 2023-04-30 00811585 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00811585 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00811585 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 00811585 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 00811585 d:ShareCapital 2024-04-30 00811585 d:ShareCapital 2023-04-30 00811585 d:CapitalRedemptionReserve 2024-04-30 00811585 d:CapitalRedemptionReserve 2023-04-30 00811585 d:RetainedEarningsAccumulatedLosses 2024-04-30 00811585 d:RetainedEarningsAccumulatedLosses 2023-04-30 00811585 c:OrdinaryShareClass1 2023-05-01 2024-04-30 00811585 c:OrdinaryShareClass1 2024-04-30 00811585 c:OrdinaryShareClass1 2023-04-30 00811585 c:OrdinaryShareClass2 2023-05-01 2024-04-30 00811585 c:OrdinaryShareClass2 2024-04-30 00811585 c:OrdinaryShareClass2 2023-04-30 00811585 c:FRS102 2023-05-01 2024-04-30 00811585 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00811585 c:FullAccounts 2023-05-01 2024-04-30 00811585 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00811585 d:WithinOneYear 2024-04-30 00811585 d:WithinOneYear 2023-04-30 00811585 d:BetweenOneFiveYears 2024-04-30 00811585 d:BetweenOneFiveYears 2023-04-30 00811585 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 00811585 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 00811585 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 00811585 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 00811585 2 2023-05-01 2024-04-30 00811585 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 00811585 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 00811585 d:RetirementBenefitObligationsDeferredTax 2024-04-30 00811585 d:RetirementBenefitObligationsDeferredTax 2023-04-30 00811585 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00811585









L.L. POTTER & SONS (TAPLOW) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
COMPANY INFORMATION


Directors
D Bailey 
R Bridger 
J Fox 
L L Simmons 




Company secretary
L L Simmons



Registered number
00811585



Registered office
Marshgate Trading Estate
Taplow

Maidenhead

Berkshire

SL6 0ND




Accountants
Donald Reid Limited

1010 Eskdale Road

Winnersh

Wokingham

RG41 5TS





 
L.L. POTTER & SONS (TAPLOW) LTD
 

CONTENTS



Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 13


 
L.L. POTTER & SONS (TAPLOW) LTD
REGISTERED NUMBER: 00811585

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,044,414
1,207,164

  
1,044,414
1,207,164

Current assets
  

Stocks
 5 
558,318
547,934

Debtors: amounts falling due within one year
 6 
1,865,303
1,994,185

Cash at bank and in hand
 7 
30,047
162,377

  
2,453,668
2,704,496

Creditors: amounts falling due within one year
 8 
(1,246,561)
(1,277,184)

Net current assets
  
 
 
1,207,107
 
 
1,427,312

Total assets less current liabilities
  
2,251,521
2,634,476

Creditors: amounts falling due after more than one year
 9 
(84,873)
(267,024)

Provisions for liabilities
  

Deferred tax
 11 
(340,633)
(383,146)

  
 
 
(340,633)
 
 
(383,146)

Net assets
  
1,826,015
1,984,306


Capital and reserves
  

Called up share capital 
 12 
8,530
8,530

Capital redemption reserve
  
1,470
1,470

Profit and loss account
  
1,816,015
1,974,306

  
1,826,015
1,984,306


Page 1

 
L.L. POTTER & SONS (TAPLOW) LTD
REGISTERED NUMBER: 00811585
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 January 2025.




J Fox
Director

The notes on pages 3 to 13 form part of these financial statements.

Page 2

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

L.L. Potter & Sons (Taplow) Limited is a private company limited by shares. The company was incorporated in the United Kingdom and is registered in England and Wales. The registered office is Marshgate Trading Estate, Taplow, Maidenhead, Berkshire, SL6 0ND.  The registered company number is 00811585.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method or reducing balance method.

Depreciation is provided on the following basis:

Plant & machinery
-
15% reducing balance
Fixtures & fittings
-
25% and 4% straight line
Computer equipment
-
33.3% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. 
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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.
Page 6

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.15
Financial instruments (continued)


Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted
Page 7

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.15
Financial instruments (continued)

where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 8

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Average number of employees
72
74


4.


Tangible fixed assets





Plant & machinery
Fixtures & fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
2,423,332
599,230
221,869
3,244,431


Additions
9,427
23,110
3,601
36,138



At 30 April 2024

2,432,759
622,340
225,470
3,280,569



Depreciation


At 1 May 2023
1,380,285
463,367
193,615
2,037,267


Charge for the year on owned assets
117,777
29,323
12,005
159,105


Charge for the year on financed assets
39,783
-
-
39,783



At 30 April 2024

1,537,845
492,690
205,620
2,236,155



Net book value



At 30 April 2024
894,914
129,650
19,850
1,044,414



At 30 April 2023
1,043,047
135,863
28,254
1,207,164

Page 9

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Stocks

2024
2023
£
£

Raw materials and consumables
133,282
113,943

Work in progress (goods to be sold)
125,102
168,683

Finished goods and goods for resale
299,934
265,308

558,318
547,934



6.


Debtors

2024
2023
£
£


Trade debtors
963,431
1,170,399

Amounts owed by group undertakings
728,960
545,000

Other debtors
97,894
205,578

Prepayments and accrued income
75,018
73,208

1,865,303
1,994,185



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
30,047
162,377

30,047
162,377


Page 10

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
360,199
447,580

Amounts owed to group undertakings
20,000
20,000

Corporation tax
22,069
64,187

Other taxation and social security
51,992
71,491

Obligations under finance lease and hire purchase contracts
182,151
206,311

Other creditors
479,581
309,623

Accruals and deferred income
130,569
157,992

1,246,561
1,277,184



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
84,873
267,024

84,873
267,024


Secured loans
All finance leases are secured against the asset to which they relate. 


10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
182,151
206,311

Between 1-5 years
84,873
267,024

267,024
473,335



Page 11

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

11.


Deferred taxation




2024
2023


£

£






At beginning of year
(383,146)
(410,423)


Charged to profit or loss
42,513
27,277



At end of year
(340,633)
(383,146)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(257,313)
(300,737)

Other timing differences
(83,320)
(82,409)

(340,633)
(383,146)


12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



3,530 (2023 - 3,530) Ordinary A shares of £1.00 each
3,530
3,530
5,000 (2023 - 5,000) Ordinary B shares of £1.00 each
5,000
5,000

8,530

8,530



13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted £53,254 (2023: £42,858).  At the year end date an amount of £8,254 (2023: £9,083) was included with creditors in relation to pensions.

Page 12

 
L.L. POTTER & SONS (TAPLOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

14.


Commitments under operating leases

At 30 April 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
64,783
16,098

Later than 1 year and not later than 5 years
217,561
59,024

282,344
75,122


15.


Transactions with directors

During the year the company made advances of £107,152 (2023: £214,335) to the directors. There were repayments of £225,000 (2023: £270,000) during the period. Interest was charged on the overdrawn loan accounts at the approved HMRC rate. 


16.


Related party transactions

At the year end, included in other debtors, is an aggregate amount of £88,350 (2023: £201,321) owed to the company by the directors.


17.


Controlling party

Mr Bridger Enterprises Limited is the immediate parent undertaking and Potter Holdings Limited is the ultimate parent undertaking.

 
Page 13