Director
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27th March 2025
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Director
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for and on behalf of
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Unit 3, Building 2, The Colony
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
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2024 | 2023 | |||
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Notes | £ | £ | ||
TURNOVER | 3 |
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Cost of sales |
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GROSS PROFIT |
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Administrative expenses |
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Other operating income |
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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 |
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PROFIT BEFORE TAXATION |
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Tax on Profit | 9 |
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PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
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RETAINED EARNINGS | ||||
As at 30 June 2023 |
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Dividends paid | (500,000) | (900,000) | ||
As at 29 June 2024 |
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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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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation | 15 |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 16 |
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Capital redemption reserve |
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Income Statement |
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SHAREHOLDERS' FUNDS | 2,090,652 | 1,741,497 | |||
Director
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Improvements to property |
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Plant & Machinery |
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Motor Vehicles |
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Fixtures & Fittings |
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Computer Equipment |
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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 | ||
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£ | £ | ||
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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£ | £ | ||
Emoluments |
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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% | 20.4% |
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Prior period adjustment |
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Deferred Tax | |||||
Deferred taxation |
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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 | 1,136,746 | 432,119 | |||
Tax on profit at 25% (UK standard rate) |
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Expenses not deductible for tax purposes |
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Capital allowances |
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Research and Development tax credit |
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Current tax from unrecognised timing difference from a prior period |
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Deferred tax relating to changes in tax rates or laws |
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Revenue exempt from taxation |
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Group relief |
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Tax incentives |
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Total tax charge for the period | 287,591 | 24,522 | |||
Goodwill | |||
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£ | |||
Cost | |||
As at 30 June 2023 |
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As at 29 June 2024 |
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Amortisation | |||
As at 30 June 2023 |
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As at 29 June 2024 |
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Net Book Value | |||
As at 29 June 2024 |
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As at 30 June 2023 |
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Land & Property | ||||
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Improvements to property | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | |
£ | £ | £ | £ | |
Cost | ||||
As at 30 June 2023 |
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Additions |
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Disposals |
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( |
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As at 29 June 2024 |
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Depreciation | ||||
As at 30 June 2023 |
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Provided during the period |
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Disposals |
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( |
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As at 29 June 2024 |
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Net Book Value | ||||
As at 29 June 2024 |
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As at 30 June 2023 |
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Computer Equipment | Total | |
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£ | £ | |
Cost | ||
As at 30 June 2023 |
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Additions |
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Disposals |
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As at 29 June 2024 |
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Depreciation | ||
As at 30 June 2023 |
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Provided during the period |
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Disposals |
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As at 29 June 2024 |
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Net Book Value | ||
As at 29 June 2024 |
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As at 30 June 2023 |
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2024 | 2023 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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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 loans |
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Corporation tax |
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Other taxes and social security |
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Other creditors |
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Accruals and deferred income |
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Amounts owed to related parties |
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2024 | 2023 | ||
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£ | £ | ||
Other Creditors | 785,274 | 395,836 |
2024 | 2023 | ||
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£ | £ | ||
Amounts falling due within one year or on demand: | |||
Other loans |
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2024 | 2023 | ||
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£ | £ | ||
Accelerated capital allowances |
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Other timing differences | (9,579) | - | |
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2024
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2023
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£
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£
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As at 30 June 2023
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87,575
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134,762
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Charge/(credit) to profit
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35,055
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(47,187)
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As at 29 June 2024
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122,630
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87,575
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2024 | 2023 | ||
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£ | £ | ||
Not later than one year |
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Later than one year and not later than five years |
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2024 | 2023 | ||
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£ | £ | ||
On equity shares: | |||
Final dividend paid |
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