Company Registration No. SC170022 (Scotland)
Micropack (Engineering) Limited
Financial statements
for the year ended 31 December 2023
Pages for filing with the registrar
Micropack (Engineering) Limited
Contents
Page
Statement of financial position
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 15
Micropack (Engineering) Limited
Statement of financial position
As at 31 December 2023
1
2023
2022
Notes
£
£
£
£
Fixed assets
Intangible assets
3
5,498,138
4,248,261
Tangible assets
4
415,168
437,184
Investments
5
575,488
562,531
6,488,794
5,247,976
Current assets
Stocks
206,668
724,098
Debtors
8
2,068,797
3,233,335
Cash at bank and in hand
450,575
336,554
2,726,040
4,293,987
Creditors: amounts falling due within one year
9
(3,390,775)
(3,258,223)
Net current (liabilities)/assets
(664,735)
1,035,764
Total assets less current liabilities
5,824,059
6,283,740
Creditors: amounts falling due after more than one year
10
(119,792)
(125,000)
Provisions for liabilities
Deferred tax liability
11
533,790
72,291
(533,790)
(72,291)
Net assets
5,170,477
6,086,449
Capital and reserves
Called up share capital
12
1,060
1,060
Share premium account
56,180
56,180
Revaluation reserve
12,087
12,087
Capital redemption reserve
30
30
Profit and loss reserves
5,101,120
6,017,092
Total equity
5,170,477
6,086,449

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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

Micropack (Engineering) Limited
Statement of financial position (continued)
As at 31 December 2023
2
The financial statements were approved by the board of directors and authorised for issue on 27 February 2025 and are signed on its behalf by:
Graham Duncan
Director
Company Registration No. SC170022
Micropack (Engineering) Limited
Statement of changes in equity
For the year ended 31 December 2023
3
Share capital
Share premium account
Revaluation reserve
Capital redemption reserve
Profit and loss reserves
Total
£
£
£
£
£
£
Balance at 1 January 2022
1,060
56,180
12,087
30
4,740,670
4,810,027
Year ended 31 December 2022:
Profit and total comprehensive income
-
-
-
-
1,276,422
1,276,422
Balance at 31 December 2022
1,060
56,180
12,087
30
6,017,092
6,086,449
Year ended 31 December 2023:
Loss and total comprehensive income
-
-
-
-
(915,972)
(915,972)
Balance at 31 December 2023
1,060
56,180
12,087
30
5,101,120
5,170,477
Micropack (Engineering) Limited
Notes to the financial statements
For the year ended 31 December 2023
4
1
Accounting policies
Company information

Micropack (Engineering) Limited is a private company limited by shares, in the UK, incorporated in Scotland. The registered office is Fire Training Centre, Schoolhill, Portlethen, Aberdeen, Kincardine, AB12 4RR.

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 modified to include the revaluation of freehold properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

 

Micropack (Engineering) Limited is a wholly owned subsidiary of Consilium Safety Group AB. and the results of Micropack (Engineering) Limited are included in the consolidated financial statements of Consilium Safety Group AB.

1.2
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents amounts receivable for the sale of hazard detection equipment and the provision of consultancy services net of VAT and trade discounts.

 

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

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.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
1
Accounting policies (continued)
5
1.4
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 if the fair value can be measured reliably.

 

Intangible assets comprise primarily of development costs. Development costs are capitalised when the directors are satisfied as to the commercial, technical and financial viability of individual projects. Once development projects are completed these costs will be amortised over the anticipated useful life of the project.

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:

Patents
20 years straight line
Development costs
5 - 10 years straight line
1.5
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:

Freehold land and buildings
50 years straight line
Fixtures and fittings
20% - 100% straight line
Motor vehicles
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 credited or charged to profit or loss.

1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

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

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

1.7
Impairment of fixed assets

At each reporting period end date, the company 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.

Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
1
Accounting policies (continued)
6

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.

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.

1.8
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to net realisable value.

Stocks held for distribution at no or nominal consideration are measured at 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.

1.9
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.

1.10
Financial instruments

The company 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 company's statement of financial position 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.

Basic financial assets

Basic financial assets, which include debtors, 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.

Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
1
Accounting policies (continued)
7
Classification of 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 deducting all of its liabilities.

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.

 

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

 

Trade creditors are obligations to pay for goods or services 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.

1.11
Equity instruments

Equity instruments issued by the company 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 company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.12
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 income statement 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 company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
1
Accounting policies (continued)
8
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. Where items recognised in other comprehensive income or equity are chargeable to or deductible for tax purposes, the resulting current or deferred tax expense or income is presented in the same component of comprehensive income or equity as the transaction or other event that resulted in the tax expense or income. Deferred tax assets and liabilities are offset when the company has 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.

1.13
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.

1.14
Retirement benefits

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

1.15
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 leases asset are consumed.

1.16
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

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

2023
2022
Number
Number
Total
15
20
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
9
3
Intangible fixed assets
Patents
Development costs
Total
£
£
£
Cost
At 1 January 2023
12,021
4,551,859
4,563,880
Additions
-
0
1,411,319
1,411,319
At 31 December 2023
12,021
5,963,178
5,975,199
Amortisation and impairment
At 1 January 2023
3,801
311,818
315,619
Amortisation charged for the year
601
160,841
161,442
At 31 December 2023
4,402
472,659
477,061
Carrying amount
At 31 December 2023
7,619
5,490,519
5,498,138
At 31 December 2022
8,220
4,240,041
4,248,261
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost or valuation
At 1 January 2023
335,722
591,790
927,512
Additions
-
0
78,285
78,285
Disposals
-
0
(120,032)
(120,032)
At 31 December 2023
335,722
550,043
885,765
Depreciation and impairment
At 1 January 2023
72,151
418,177
490,328
Depreciation charged in the year
8,571
89,800
98,371
Eliminated in respect of disposals
-
0
(118,102)
(118,102)
At 31 December 2023
80,722
389,875
470,597
Carrying amount
At 31 December 2023
255,000
160,168
415,168
At 31 December 2022
263,571
173,613
437,184
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
4
Tangible fixed assets (continued)
10

The freehold property included in tangible assets was valued by J&E Shepherd Chartered Surveyors on 3 October 2014 at £625,000. On transition to FRS 102 on 1 July 2014 the company elected £625,000 as the deemed cost.

 

On 30 September 2018 the freehold property was revalued to £300,000 by Graham + Sibbald a firm regulated by the Royal Institution of Chartered Surveyors ('RICS').

Land and buildings are carried at valuation. If land and buildings were measured using the cost model, the carrying amounts would have been approximately £254,001 (2022 - £262,836), being cost £335,722 (2022 - £335,722) and depreciation £81,721 (2022 - £72,886).

Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
11
5
Fixed asset investments
2023
2022
£
£
Investments
25,227
25,227
Loans
550,261
537,304
575,488
562,531

The investments in the subsidiary and participating interest have been recognised at cost less impairment. The Directors review the carrying value of the investments on an annual basis for evidence of impairment.

Movements in fixed asset investments
Shares in associates
Loans to subsidiaries
Total
£
£
£
Cost or valuation
At 1 January 2023
25,227
537,304
562,531
Additions
-
12,957
12,957
At 31 December 2023
25,227
550,261
575,488
Carrying amount
At 31 December 2023
25,227
550,261
575,488
At 31 December 2022
25,227
537,304
562,531
6
Subsidiaries

Details of the company's subsidiaries at 31 December 2023 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Indirect
Micropack Detection (Americas) Inc.
USA
Ordinary
100
-
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
12
7
Significant undertakings

The company also has significant holdings in undertakings which are not consolidated:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Norcott Technologies Limited
Ordinary
30.00

Norcott Technologies Limited is a private company limited by share incorporated in England and Wales. The registered office is Unit 1, Sunset Business Centre, Waterloo Road, Widnes, Cheshire, England, WA8 0QR.

 

Separate company financial statements for Norcott Technologies Limited are required to be prepared by law. Consolidated financial statements for the Micropack (Engineering) Limited Group are not prepared, by virtue of the exemption described in accounting policy 1.1.

8
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
1,279,535
1,581,254
Amounts owed by group undertakings
233,920
1,293,732
Other debtors
555,342
358,349
2,068,797
3,233,335
9
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,052,599
257,179
Amounts owed to group undertakings
1,235,000
1,570,000
Taxation and social security
31,852
40,155
Other creditors
1,071,324
1,390,889
3,390,775
3,258,223
10
Creditors: amounts falling due after more than one year
2023
2022
Notes
£
£
Deferred income
119,792
125,000
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
13
11
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2023
2022
Balances:
£
£
Accelerated capital allowances
35,800
72,291
Research & development
497,990
-
533,790
72,291
2023
Movements in the year:
£
Liability at 1 January 2023
72,291
Charge to profit or loss
461,499
Liability at 31 December 2023
533,790
12
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,060
1,060
1,060
1,060
13
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The senior statutory auditor was Mark Brown BA CA.
The auditor was MHA.
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
14
14
Operating lease commitments
Lessee

The company has ground rent lease in respect of the land surrounding the business premises. The ground rent lease is for 125 years, ceasing in 2127.

 

The company also has operating leases in respect of office space, plant and equipment. These operating leases are payable in less than 5 years.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2023
2022
£
£
1,224,547
1,236,339
15
Related party transactions
Remuneration of key management personnel
2023
2022
£
£
Aggregate compensation
466,436
213,627
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Sales
Sales
Purchases
Purchases
2023
2022
2023
2022
£
£
£
£
Entities with control, joint control or significant influence over the company
2,661,209
3,737,875
2,163,283
2,778,813

The following amounts were outstanding at the reporting end date:

2023
2022
Amounts due to related parties
£
£
Entities with control, joint control or significant influence over the company
2,148,868
147,032
Micropack (Engineering) Limited
Notes to the financial statements (continued)
For the year ended 31 December 2023
15
Related party transactions (continued)
15

 

2023
2022
Amounts due from related parties
£
£
Entities with control, joint control or significant influence over the company
628,860
1,293,732
Other information

No guarantees have been given or received.

16
Parent company

The company's parent is Consilium Micropack Limited, a company registered in Scotland. The business address of the parent company is Fire Training Centre, Schoolhill, Portlethen, Aberdeen, AB12 4RR.

 

The company's ultimate parent company is Consilium Safety Group AB., a company registered in Sweden. The address of the parent company's headquarters is Salsmästaregatan 21, SE-422 46, Gothenburg, Sweden.

 

The ultimate controlling party of the company is Nordic Capital IX Limited, a company registered in Jersey. In the year up to 31 March 2020, the ultimate parent controlling party of the company was Platanen Holding AB, a company registered in Sweden.

 

The company's financial information is included in the consolidated group accounts of Consilium Safety Group AB.

2023-12-312023-01-01false27 February 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityThis audit opinion is unqualifiedThomas FogelbergThobias  ErnfridssonGary  BoydGraham DuncanBlackwood Partners LLPfalsefalseSC1700222023-01-012023-12-31SC1700222023-12-31SC1700222022-12-31SC170022core:PatentsTrademarksLicencesConcessionsSimilar2023-12-31SC170022core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-31SC170022core:PatentsTrademarksLicencesConcessionsSimilar2022-12-31SC170022core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-31SC170022core:LandBuildings2023-12-31SC170022core:OtherPropertyPlantEquipment2023-12-31SC170022core:LandBuildings2022-12-31SC170022core:OtherPropertyPlantEquipment2022-12-31SC170022core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-31SC170022core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-31SC170022core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-31SC170022core:Non-currentFinancialInstrumentscore:AfterOneYear2022-12-31SC170022core:CurrentFinancialInstruments2023-12-31SC170022core:CurrentFinancialInstruments2022-12-31SC170022core:ShareCapital2023-12-31SC170022core:ShareCapital2022-12-31SC170022core:SharePremium2023-12-31SC170022core:SharePremium2022-12-31SC170022core:RevaluationReserve2023-12-31SC170022core:RevaluationReserve2022-12-31SC170022core:CapitalRedemptionReserve2023-12-31SC170022core:CapitalRedemptionReserve2022-12-31SC170022core:RetainedEarningsAccumulatedLosses2023-12-31SC170022core:RetainedEarningsAccumulatedLosses2022-12-31SC170022core:ShareCapital2021-12-31SC170022core:SharePremium2021-12-31SC170022core:RevaluationReserve2021-12-31SC170022core:CapitalRedemptionReserve2021-12-31SC170022core:RetainedEarningsAccumulatedLosses2021-12-31SC170022bus:Director42023-01-012023-12-31SC170022core:RetainedEarningsAccumulatedLosses2022-01-012022-12-31SC1700222022-01-012022-12-31SC170022core:RetainedEarningsAccumulatedLosses2023-01-012023-12-31SC170022core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31SC170022core:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-31SC170022core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-31SC170022core:LandBuildingscore:OwnedOrFreeholdAssets2023-01-012023-12-31SC170022core:FurnitureFittings2023-01-012023-12-31SC170022core:MotorVehicles2023-01-012023-12-31SC170022core:PatentsTrademarksLicencesConcessionsSimilar2022-12-31SC170022core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-31SC1700222022-12-31SC170022core:PatentsTrademarksLicencesConcessionsSimilarcore:ExternallyAcquiredIntangibleAssets2023-01-012023-12-31SC170022core:DevelopmentCostsCapitalisedDevelopmentExpenditurecore:ExternallyAcquiredIntangibleAssets2023-01-012023-12-31SC170022core:ExternallyAcquiredIntangibleAssets2023-01-012023-12-31SC170022core:LandBuildings2022-12-31SC170022core:OtherPropertyPlantEquipment2022-12-31SC170022core:LandBuildings2023-01-012023-12-31SC170022core:OtherPropertyPlantEquipment2023-01-012023-12-31SC170022core:Non-currentFinancialInstruments2023-12-31SC170022core:Non-currentFinancialInstruments2022-12-31SC17002212023-01-012023-12-31SC170022core:WithinOneYear2023-12-31SC170022core:WithinOneYear2022-12-31SC170022core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntitycore:SaleOrPurchaseGoods2023-01-012023-12-31SC170022core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntitycore:SaleOrPurchaseGoods2022-01-012022-12-31SC170022core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity2023-12-31SC170022bus:PrivateLimitedCompanyLtd2023-01-012023-12-31SC170022bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-31SC170022bus:FRS1022023-01-012023-12-31SC170022bus:Audited2023-01-012023-12-31SC170022bus:Director12023-01-012023-12-31SC170022bus:Director22023-01-012023-12-31SC170022bus:Director32023-01-012023-12-31SC170022bus:CompanySecretary12023-01-012023-12-31SC170022bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:GBP