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Financial Statements |
Contents |
Pages |
Officers and professional advisers |
1 |
Statement of financial position |
2 to 3 |
Notes to the financial statements |
4 to 10 |
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Officers and Professional Advisers |
The board of directors |
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Company secretary |
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Registered office |
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Auditor |
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Chartered accountants & statutory auditor |
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3B Swallowfield Courtyard |
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Wolverhampton Road |
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Oldbury |
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West Midlands |
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B69 2JG |
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Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Intangible assets |
5 |
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Tangible assets |
6 |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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Taxation including deferred tax |
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Net assets |
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Called up share capital |
11 |
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Revaluation reserve |
12 |
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Profit and loss account |
12 |
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Shareholders funds |
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Statement of Financial Position (continued) |
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Director |
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Notes to the Financial Statements |
Development costs |
- |
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Type Approval |
- |
20% straight line |
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Plant and machinery |
- |
10% and 20% reducing balance |
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Fixtures fittings and equipment |
- |
15% reducing balance and 33.33% straight line |
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Motor vehicles |
- |
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Development costs |
Type Approval |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 November 2023 |
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160,903 |
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Additions |
– |
42,936 |
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-------- |
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At 31 October 2024 |
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203,839 |
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Amortisation |
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At 1 November 2023 |
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155,505 |
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Charge for the year |
– |
4,488 |
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At 31 October 2024 |
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159,993 |
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Carrying amount |
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At 31 October 2024 |
– |
43,846 |
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At 31 October 2023 |
– |
5,398 |
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Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 November 2023 |
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Additions |
– |
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Disposals |
– |
– |
– |
(
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(
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At 31 October 2024 |
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Depreciation |
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At 1 November 2023 |
– |
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Charge for the year |
– |
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Disposals |
– |
– |
– |
(
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(
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At 31 October 2024 |
– |
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Carrying amount |
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At 31 October 2024 |
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At 31 October 2023 |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Obligations under finance leases and hire purchase contracts |
– |
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Other creditors |
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– |
--------- |
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2024 |
2023 |
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£ |
£ |
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Accruals and deferred income |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Not later than 1 year |
– |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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20,500 |
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20,500 |
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2024 |
2023 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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