Directors |
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Secretary |
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Company Number |
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Registered Office | 14 Victoria Square |
Droitwich | |
Worcester | |
Worcestershire | |
WR9 8DS | |
Auditors |
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The Oakley | |
Kidderminster Road | |
Droitwich Spa | |
Worcestershire | |
WR9 9AY | |
Bankers | HSBC Bank plc |
Rms Dept Level 2 | |
2nd Floor, 62-76 Park Street | |
London | |
SE1 9DZ | |
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Director
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for and on behalf of
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The Oakley
Kidderminster Road
Droitwich Spa
Worcestershire
WR9 9AY
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2024 | 2023 | |||
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Notes | £ | £ | ||
TURNOVER | 3 |
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GROSS PROFIT |
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Administrative expenses |
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( |
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OPERATING PROFIT | 4 |
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Other interest receivable and similar income |
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Interest payable and similar charges | 9 |
( |
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PROFIT BEFORE TAXATION |
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Tax on Profit | 10 |
( |
( |
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PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
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2024 | 2023 | |||
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£ | £ | |||
PROFIT FOR THE FINANCIAL YEAR |
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OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
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2024 | 2023 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 11 |
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CURRENT ASSETS | |||||
Debtors | 12 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 13 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 14 |
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Income Statement |
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SHAREHOLDERS' FUNDS | 312,224 | 280,571 | |||
Director
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Share Capital | Income Statement | Total | |
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£ | £ | £ | |
As at 1 January 2023 |
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245,317 |
Profit for the year and total comprehensive income | - |
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35,254 |
As at 31 December 2023 and 1 January 2024 |
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280,571 |
Profit for the year and total comprehensive income | - |
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31,653 |
As at 31 December 2024 |
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312,224 |
2024 | 2023 | |||
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Notes | £ | £ | ||
Cash flows from operating activities | ||||
Net cash generated from operations | 1 |
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Interest paid |
( |
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Tax paid |
( |
( |
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Net cash generated from operating activities |
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Cash flows from investing activities | ||||
Interest received |
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Increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year | 2 |
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Cash and cash equivalents at end of year | 2 |
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2024 | 2023 | ||
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£ | £ | ||
Profit for the financial year |
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Adjustments for: | |||
Tax on profit |
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Interest expense |
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Interest income |
( |
( |
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Depreciation of tangible assets |
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Movements in working capital: | |||
Decrease/(increase) in trade and other debtors |
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( |
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Increase in trade and other creditors |
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Net cash generated from operations |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Cash at bank and in hand |
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As at 1 January 2024 | Cash flows | As at 31 December 2024 | |
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£ | £ | £ | |
Cash at bank and in hand |
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71,524 |
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Computer Equipment |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Turnover from services provided | 273,860 | 276,634 | |
2024 | 2023 | ||
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£ | £ | ||
Operating lease rentals |
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Depreciation of tangible fixed assets |
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2024 | 2023 | ||
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£ | £ | ||
Audit Services | |||
Audit of the company's financial statements |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Wages and salaries |
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Social security costs |
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Other pension costs |
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2024 | 2023 | ||
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Office and administration |
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2024 | 2023 | ||
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£ | £ | ||
Emoluments |
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Company contributions to money purchase pension schemes |
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2024 | 2023 | ||
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Defined benefit pension schemes |
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2024 | 2023 | ||
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£ | £ | ||
Late payment tax charges |
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The tax charge on the profit for the year was as follows:
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Tax Rate | 2024 | 2023 | |||
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2024 | 2023 | £ | £ | ||
Current tax | |||||
UK Corporation Tax | 25.0% | 25.0% |
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Prior period adjustment |
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Total tax charge for the period |
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The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
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2024 | 2023 | ||||
£ | £ | ||||
Profit before tax | 45,645 | 46,116 | |||
Tax on profit at 25% (UK standard rate) |
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Goodwill/depreciation not allowed for tax |
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Expenses not deductible for tax purposes |
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Prior period adjustment |
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Difference in tax rates |
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( |
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Total tax charge for the period | 13,992 | 10,862 | |||
Computer Equipment | |
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£ | |
Cost | |
As at 1 January 2024 |
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As at 31 December 2024 |
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Depreciation | |
As at 1 January 2024 |
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Provided during the period |
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As at 31 December 2024 |
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Net Book Value | |
As at 31 December 2024 |
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As at 1 January 2024 |
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2024 | 2023 | ||
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£ | £ | ||
Due within one year | |||
Prepayments and accrued income |
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VAT |
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Amounts owed by group undertakings |
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2024 | 2023 | ||
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£ | £ | ||
Trade creditors |
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Other creditors | 4,622 | 1,026 | |
Corporation tax |
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Taxation and social security | 2,585 | - | |
Accruals and deferred income |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Not later than one year |
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Later than one year and not later than five years |
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