|
||
|
||
|
Resigned |
|
Director
|
|
for and on behalf of
|
|
Suite 50
238 Merton High Street
Wimbledon
SW19 1AU
|
2023 | 2022 | |||
---|---|---|---|---|
Notes | £ | £ | ||
TURNOVER |
|
|
||
GROSS PROFIT |
|
|
||
Administrative expenses |
( |
( |
||
Other operating income |
|
|
||
Fair value gains/(losses) on investment properties |
|
( |
||
OPERATING PROFIT/(LOSS) |
|
( |
||
Other interest receivable and similar income |
|
|
||
Interest payable and similar charges |
( |
( |
||
PROFIT/(LOSS) BEFORE TAXATION |
|
( |
||
Tax on Profit/(loss) |
( |
|
||
PROFIT/(LOSS) AFTER TAXATION BEING PROFIT/(LOSS) FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
( |
||
2023 | 2022 | |||
---|---|---|---|---|
£ | £ | |||
PROFIT FOR THE FINANCIAL YEAR |
|
( |
||
OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
( |
||
2023 | 2022 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
|
|
||
Investment Properties | 5 |
|
|
||
|
|
||||
CURRENT ASSETS | |||||
Debtors | 7 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 8 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
Creditors: Amounts Falling Due After More Than One Year | 9 |
( |
( |
||
PROVISIONS FOR LIABILITIES | |||||
Provisions For Charges |
|
( |
|||
Deferred Taxation |
( |
|
|||
NET LIABILITIES |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 10 |
|
|
||
Fair value reserve | 11 |
|
|
||
Profit and Loss Account |
( |
( |
|||
SHAREHOLDERS' FUNDS | (59,810,711) | (110,516,268) | |||
Director
|
|
2023 | 2022 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Investments | 6 |
|
|
||
|
|
||||
CURRENT ASSETS | |||||
Debtors | 7 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 8 |
( |
|
||
NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
Creditors: Amounts Falling Due After More Than One Year | 9 |
( |
( |
||
NET LIABILITIES |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 10 |
|
|
||
Profit and Loss Account |
( |
( |
|||
SHAREHOLDERS' FUNDS | (59,823,477) | (110,529,034) | |||
Director
|
|
Share Capital | Fair value reserve | Profit and Loss Account | Total | |
---|---|---|---|---|
£ | £ | £ | £ | |
As at 1 January 2022 |
|
|
( |
(81,117,012) |
Loss for the year and total comprehensive income | - | - |
( |
(29,399,256) |
As at 31 December 2022 and 1 January 2023 |
|
|
( |
(110,516,268) |
Profit for the year and total comprehensive income | - | - |
|
50,705,557 |
Transfer to/from Fair value reserve | - | - | (59,323,107) | (59,323,107) |
Transfer to/from Profit & Loss Account | - |
|
- | 59,323,107 |
As at 31 December 2023 |
|
|
( |
(59,810,711) |
Freehold |
|
Land & Property | |
---|---|
Freehold | |
£ | |
Cost or Valuation | |
As at 1 January 2023 |
|
Additions |
|
Transfers |
( |
As at 31 December 2023 |
|
Net Book Value | |
As at 31 December 2023 |
|
As at 1 January 2023 |
|
Land & Property | |
---|---|
Freehold | |
£ | |
- | |
2023 | |
---|---|
£ | |
Fair Value | |
As at 1 January 2023 |
|
Revaluations | 65,400,000 |
Transfers |
|
As at 31 December 2023 |
|
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Cost | 84,134,000 | 84,134,000 | |
Unlisted | |
---|---|
£ | |
Cost | |
As at 1 January 2023 |
|
As at 31 December 2023 |
|
Provision | |
As at 1 January 2023 |
|
As at 31 December 2023 |
|
Net Book Value | |
As at 31 December 2023 |
|
As at 1 January 2023 |
|
Name
|
Principal
activity
|
Class of shares
|
Holding
|
Thames Quay Properties III Limited
|
Financing
|
Ordinary
|
100%
|
Thames Quay Properties Limited
|
Financing
|
Ordinary
|
100%
|
Thames Quay Properties II Limited
|
Property investment
|
Ordinary
|
100%
|
Group | Company | ||||||
---|---|---|---|---|---|---|---|
2023 | 2022 | 2023 | 2022 | ||||
£ | £ | £ | £ | ||||
Due within one year | |||||||
Trade debtors |
|
|
|
|
|||
Amounts owed by group undertakings | - | - | 115,105,827 | 45,287,767 | |||
Amounts owed by participating interests | 18,155,000 | - | - | - | |||
Other debtors | 10,326,311 | 2,650,294 | 3,225 | - | |||
|
|
|
|
||||
Due after more than one year | |||||||
Other debtors | - | 21,966,747 | - | - | |||
|
|
|
|
||||
Group | Company | ||||||
---|---|---|---|---|---|---|---|
2023 | 2022 | 2023 | 2022 | ||||
£ | £ | £ | £ | ||||
Trade creditors |
|
|
|
|
|||
Bank loans and overdrafts | - |
|
|
|
|||
Other creditors | 1,752,022 | 1,159,980 | 6,225 | - | |||
Taxation and social security |
|
|
|
|
|||
|
|
|
|
||||
Group | Company | ||||||
---|---|---|---|---|---|---|---|
2023 | 2022 | 2023 | 2022 | ||||
£ | £ | £ | £ | ||||
Bank loans |
|
|
|
|
|||
Other loans |
|
|
|
|
|||
|
|
|
|
||||
Fair Value Reserve | |
---|---|
£ | |
Transfer to profit and loss |
|
As at 31 December 2023 |
|
Transaction values for the year ended 31 December 2023
|
Balance outstanding as at 31 December 2023
|
Transaction values for the year ended 31 December 2022
|
Balance outstanding as at 31 December 2022
|
|||
Rendering of services property rent charges
|
||||||
Lycamobile UK Limited
|
1,603,237
|
1,613,071
|
1,588,084
|
854,015
|
||
Lycatel Distribution UK Limited
|
303,640
|
768,078
|
285,054
|
270,980
|
||
Lycatel Services Limited
|
150,000
|
418,817
|
-
|
-
|
||
Loans and related interest payable
|
||||||
WWW Holding Company Limited
|
11,385,339
|
174,927,449
|
10,491,311
|
155,819,000
|
||
Loans to parties associated to directors
|
||||||
Prema Subaskaran
|
-
|
18,155,000
|
-
|
16,066,000
|
||
Company
|
||||||
Loan and interest receivable
|
||||||
Thames Quay Properties III Limited
|
11,385,339
|
115,134,949
|
10,491,311
|
45,218,000
|
||
Loan and interest payable
|
||||||
WWW Holding Company Limited
|
11,385,339
|
174,927,449
|
10,491,311
|
155,819,000
|
||