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Registered number: 12176526
New Place Property Company Limited
Directors' Report and
Financial Statements
For The Year Ended 31 March 2024
Fairman Harris
ICAEW
1 Landor Road
London
SW9 9RX
Contents
Page
Company Information 1
Directors' Report 2
Independent Auditor's Report 3—5
Consolidated Profit and Loss Account 6
Consolidated Balance Sheet 7—8
Company Balance Sheet 9
Consolidated Statement of Changes in Equity 10
Company Statement of Changes in Equity 11
Notes to the Financial Statements 12—16
Page 1
Company Information
Directors Mr K M Kanoo
Mr F J Sherman
Mr F K Kanoo
Company Number 12176526
Registered Office New Place Hotel
Shirrell Heath
Southampton
SO32 2JY
Business New Place Hotel
Shirrell Heath
Southampton
SO32 2JY
Accountants Fairman Harris
ICAEW
1 Landor Road
London
SW9 9RX
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Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2024.
Directors
The directors who held office during the year were as follows:
Mr K M Kanoo
Mr F J Sherman
Mr F K Kanoo
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Statement of Disclosure of Information to Auditors
In the case of each director in office at the date the Directors' Report is approved:
  • so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
  • they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr F J Sherman
Director
22 March 2025
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Independent Auditor's Report
Opinion
We have audited the financial statements of New Place Property Company Limited for the year ended 31 March 2024 which comprise the Consolidated Profit and Loss Account, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes of Equity, Company Statement of Changes of Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 - Section 1A for Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
In our opinion the financial statements:
  • give a true and fair view of the state of the company's affairs as at 31 March 2024 and of its profit/(loss) for the year then ended;
  • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to smaller entities; and
  • have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for Opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 13 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions Relating to Going Concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
  • the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
  • the Directors' Report have been prepared in accordance with applicable legal requirements.
Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
  • adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
  • the financial statements are not in agreement with the accounting records or returns; or
  • certain disclosures of directors' remuneration specified by law are not made; or
  • we have not received all the information and explanations we require for our audit, or
  • the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.
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Responsibilities of Directors
As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 
● the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; 
● we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the industry. 
● we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-money-laundering, employment, environmental and health and safety legislation; 
● we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management. 
● identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. 
We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: 
● making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; 
● considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations 
To address the risk of fraud through management bias and override of controls, we: 
● performed analytical procedures to identify any unusual or unexpected relationships; 
● tested journal entries to identify unusual transactions; 
● assessed whether judgements and assumptions made in determining the accounting estimates set out in note 1 were indicative of potential bias; and 
● investigated the rationale behind significant or unusual transactions. 
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: 
● agreeing financial statement disclosures to underlying supporting documentation; 
● reading the minutes of meetings of those charged with governance; 
● enquiring of management as to actual and potential litigation and claims; and 
● reviewing correspondence with HMRC. 
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. 
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use Of Our Report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
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Fahreen Meghani (Senior Statutory Auditor)
for and on behalf of Fairman Harris , Statutory Auditor
22 March 2025
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Consolidated Profit and Loss Account
31 March 2024 31 March 2023
Notes £ £
TURNOVER 4,372,504 2,277,403
Cost of sales (2,267,129 ) (1,114,042 )
GROSS PROFIT 2,105,375 1,163,361
Administrative expenses (1,680,884 ) (1,138,886 )
OPERATING PROFIT 424,491 24,475
Other interest receivable and similar income - (36 )
Interest payable and similar charges (543,638 ) 148,130
(LOSS)/PROFIT BEFORE TAXATION (119,147 ) 172,569
Tax on (Loss)/profit (133,004 ) -
(LOSS)/PROFIT AFTER TAXATION BEING (LOSS)/PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT (252,151 ) 172,569
The notes on pages 12 to 16 form part of these financial statements.
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Consolidated Balance Sheet
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,552,923 9,317,257
9,552,923 9,317,257
CURRENT ASSETS
Stocks 6 39,260 44,363
Debtors 7 1,473,862 1,656,238
Cash at bank and in hand 364,630 546,721
1,877,752 2,247,322
Creditors: Amounts Falling Due Within One Year 8 (14,934,248 ) (13,545,254 )
NET CURRENT ASSETS (LIABILITIES) (13,056,496 ) (11,297,932 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,503,573 ) (1,980,675 )
Creditors: Amounts Falling Due After More Than One Year 9 (3,920,504 ) (5,424,255 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (133,004 ) -
NET LIABILITIES (7,557,081 ) (7,404,930 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Revaluation reserve 11 100,000 -
Other reserves (6,237,188 ) (6,237,188 )
Profit and Loss Account (1,419,894 ) (1,167,743 )
SHAREHOLDERS' FUNDS (7,557,081) (7,404,930)
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr F J Sherman
Director
22 March 2025
The notes on pages 12 to 16 form part of these financial statements.
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Company Balance Sheet
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,000,000 8,900,000
Investments 5 1 1
9,000,001 8,900,001
CURRENT ASSETS
Debtors 7 966,393 723,500
Cash at bank and in hand 223,549 184,530
1,189,942 908,030
Creditors: Amounts Falling Due Within One Year 8 (7,139,436 ) (5,399,177 )
NET CURRENT ASSETS (LIABILITIES) (5,949,494 ) (4,491,147 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,050,507 4,408,854
Creditors: Amounts Falling Due After More Than One Year 9 (3,920,504 ) (5,424,255 )
NET LIABILITIES (869,997 ) (1,015,401 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Revaluation reserve 11 100,000 -
Profit and Loss Account (969,998 ) (1,015,402 )
SHAREHOLDERS' FUNDS (869,997) (1,015,401)
In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 45,404 (2023: £ 645,782 profit).
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr F J Sherman
Director
22 March 2025
The notes on pages 12 to 16 form part of these financial statements.
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Consolidated Statement of Changes in Equity
Share Capital Revaluation reserve Other reserves Profit and Loss Account Total
£ £ £ £ £
As at 1 September 2022 1 - - (1,340,312 ) (1,340,311)
Profit for the period and total comprehensive income - - - 172,569 172,569
Purchase of own shares - - (6,237,188 ) - (6,237,188)
As at 31 March 2023 and 1 April 2023 1 - (6,237,188 ) (1,167,743 ) (7,404,930)
Loss for year - - - (252,151) (252,151 )
Surplus on revaluation - 100,000 - - 100,000
Other comprehensive income for the year - 100,000 - - 100,000
Total comprehensive income for the year - 100,000 - (252,151 ) (152,151)
As at 31 March 2024 1 100,000 (6,237,188 ) (1,419,894 ) (7,557,081)
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Company Statement of Changes in Equity
Share Capital Revaluation reserve Profit and Loss Account Total
£ £ £ £
As at 1 September 2022 1 - (1,661,184 ) (1,661,183)
Profit for the period and total comprehensive income - - 645,782 645,782
As at 31 March 2023 and 1 April 2023 1 - (1,015,402 ) (1,015,401)
Profit for year - - 45,404 45,404
Surplus on revaluation - 100,000 - 100,000
Other comprehensive income for the year - 100,000 - 100,000
Total comprehensive income for the year - 100,000 45,404 145,404
As at 31 March 2024 1 100,000 (969,998 ) (869,997)
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Notes to the Financial Statements
1. General Information
New Place Property Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12176526 . The registered office is New Place Hotel, Shirrell Heath, Southampton, SO32 2JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Basis Of Consolidation
The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 March 2024.
A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.
Where a subsidiary has different accounting policies to the group, adjustments are made to those subsidiary financial statements to apply the group’s accounting policies when preparing the consolidated financial statements.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the group holds a long-term interest and where the group has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. The results of associates are accounted for using the equity method of accounting.
Any subsidiary undertakings or associates sold or acquired during the year are included up to, or from, the dates of change of control or change of significant influence respectively.
Where control of a subsidiary is lost, the gain or loss is recognised in the consolidated income statement. The cumulative amounts of any exchange differences on translation, recognised in equity, are not included in the gain or loss on disposal and are transferred to retained earnings. The gain or loss also includes amounts included in other comprehensive income that are required to be reclassified to profit or loss but excludes those amounts that are not required to be reclassified.
Where control of a subsidiary is achieved in stages, the initial acquisition that gave the group control is accounted for as a business combination. Thereafter where the group increases its controlling interest in the subsidiary the transaction is treated as a transaction between equity holders. Any difference between the fair value of the consideration paid and the carrying amount of the non-controlling interest acquired is recognised directly in equity. No changes are made to the carrying value of assets, liabilities or provisions for contingent liabilities.
2.3. Business Combinations
Business combinations are accounted for by applying the purchase method.
The cost of a business combination is the fair value of the consideration given, liabilities incurred or assumed and of equity instruments issued plus the costs directly attributable to the business combination. Where control is achieved in stages the cost is the consideration at the date of each transaction.
Contingent consideration is initially recognised at estimated amount where the consideration is probable and can be measured reliably. Where (i) the contingent consideration is not considered probable or cannot be reliably measured but subsequently becomes probable and measurable or (ii) contingent consideration previously measured is adjusted, the amounts are recognised as an adjustment to the cost of the business combination.
On acquisition of a business, fair values are attributed to the identifiable assets, liabilities and contingent liabilities unless the fair value cannot be measured reliably, in which case the value is incorporated in goodwill. Intangible assets are only recognised separately from goodwill where they are separable and arise from contractual or other legal rights. Where the fair value of contingent liabilities cannot be reliably measured they are disclosed on the same basis as other contingent liabilities.
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2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight line
Fixtures & Fittings 10% Straight line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The group's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Group
Average number of employees, including directors, during the year was: 87 (2023: 88)
Company
Average number of employees, including directors, during the year was: NIL (2023: NIL)
87 88
- -
4. Tangible Assets
Group
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost or Valuation
As at 1 April 2023 8,900,000 31,870 758,906 9,690,776
Additions - 5,164 186,544 191,708
Revaluation 100,000 - - 100,000
As at 31 March 2024 9,000,000 37,034 945,450 9,982,484
Depreciation
As at 1 April 2023 - 31,870 341,649 373,519
Provided during the period - 876 55,166 56,042
As at 31 March 2024 - 32,746 396,815 429,561
Net Book Value
As at 31 March 2024 9,000,000 4,288 548,635 9,552,923
As at 1 April 2023 8,900,000 - 417,257 9,317,257
Company
Land & Property
Freehold
£
Cost or Valuation
As at 1 April 2023 8,900,000
Revaluation 100,000
As at 31 March 2024 9,000,000
Net Book Value
As at 31 March 2024 9,000,000
As at 1 April 2023 8,900,000
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5. Investments
Company
Subsidiaries
£
Cost
As at 1 April 2023 1
As at 31 March 2024 1
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 1
6. Stocks
31 March 2024 31 March 2023
£ £
Finished goods 39,260 44,363
7. Debtors
Group Company
31 March 2024 31 March 2023 31 March 2024 31 March 2023
£ £ £ £
Due within one year
Trade debtors 118,270 60,792 - -
Amounts owed by group undertakings 1,176,217 1,174,859 966,393 723,500
Other debtors 179,375 420,587 - -
1,473,862 1,656,238 966,393 723,500
8. Creditors: Amounts Falling Due Within One Year
Group Company
31 March 2024 31 March 2023 31 March 2024 31 March 2023
£ £ £ £
Trade creditors 336,964 553,548 (1 ) -
Bank loans and overdrafts 1,502,315 1,500,832 1,502,315 1,500,832
Amounts owed to group undertakings 6,816,057 6,816,057 - -
Amounts owed to participating interests 5,625,121 3,877,644 5,625,121 3,877,644
Other creditors 424,495 677,759 12,001 20,701
Taxation and social security 229,296 119,414 - -
14,934,248 13,545,254 7,139,436 5,399,177
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9. Creditors: Amounts Falling Due After More Than One Year
Group Company
31 March 2024 31 March 2023 31 March 2024 31 March 2023
£ £ £ £
Bank loans 3,920,504 5,424,255 3,920,504 5,424,255
10. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 1 1
11. Reserves
Group
Revaluation Reserve
£
Surplus on revaluation 100,000
As at 31 March 2024 100,000
Company
Revaluation Reserve
£
Surplus on revaluation 100,000
As at 31 March 2024 100,000
12. Related Party Transactions
At the year end, the group owed £5,945,328 (2023: £6,625,850) to Mokan Co W.L.L, the ultimate parent.
At the year end, the group was owed £1,176,217 (2023: Cr £1,174,858) to Wychwood park hotel company limited, a company under the control of ultimate parent.
At the year end, the group owed £4,067,850 (2023: £4,067,850) to Mokan (Guernsey) Limited, a company with the common ownership.
13. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
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