Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 August 2024
Directors | |
Company Secretary | FORD, Graham Peter |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 4 | |||||||
Investments | 5 | |||||||
Current assets | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | ( | ( | ||||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | ( | ( | ||||||
Provisions for liabilities | 8 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds | 9 |
The financial statements were approved and authorised for issue by the Board of Directors on 11 March 2025, and are signed on its behalf by: |
Director Registered Company No. 01941018 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Functional and presentation currency | |
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Revenue from sale of goods | |
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Dividend income | |
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Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Investments | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Tangible fixed assets |
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Total | ||
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£ | ||
Cost or valuation | ||
At 01 September 23 | ||
At 31 August 24 | ||
Net book value | ||
At 31 August 24 | ||
At 31 August 23 |
5. | Fixed asset investments |
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Total | ||
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£ | ||
Cost or valuation | ||
At 01 September 23 | ||
Additions | ||
At 31 August 24 | ||
Impairment | ||
At 01 September 23 | ||
Charge for year | ||
At 31 August 24 | ||
Net book value | ||
At 31 August 24 | ||
At 31 August 23 |
6. | Creditors: amounts due after 5 years |
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7. | Secured creditors |
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A mortgage is held on the freehold properties by the lender. A fixed and floating charge is held by the bank. |
8. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
9. | Fair value reserve |
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The fair value reserve represents the increase in value of assets after allowing for tax on their disposal. This amount is not available for distribution as dividend. |
£ | ||
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Fair value reserve at 01 September 23 | ||
At 31 August 24 |
10. | Controlling party |
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The company is controlled by Mr G.P. Ford, a director, who owns 80% of the issued share capital. |