Directors |
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Company Number |
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Registered Office | Fraser House, 56 Kingston Road, |
Staines-Upon-Thames, | |
England, | |
TW18 4NL | |
Business | Fraser House |
56, Kingston Road | |
Staines-Upon-Thames | |
Middlesex | |
TW18 4LN | |
Auditors |
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Chartered Certified Accountants & Reg. Auditors | |
Avery House | |
8 Avery Hill Road | |
London | |
SE9 2BD | |
Director
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24/03/2025
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Director
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for and on behalf of
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Chartered Certified Accountants & Reg. Auditors
Avery House
8 Avery Hill Road
London
SE9 2BD
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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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Distribution costs |
( |
( |
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Administrative expenses |
( |
( |
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Other operating income |
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OPERATING PROFIT | 5 |
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(Loss)/profit on revaluation of investments |
( |
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Other interest receivable and similar income | 10 |
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( |
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Interest payable and similar charges | 11 |
( |
( |
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PROFIT BEFORE TAXATION |
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Tax on Profit | 12 |
( |
( |
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PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
PROFIT FOR THE FINANCIAL YEAR |
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OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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2024 | 2023 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 13 |
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Investment Properties | 14 |
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Investments | 15 |
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CURRENT ASSETS | |||||
Debtors | 16 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 17 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 18 |
( |
( |
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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation | 20 |
( |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 21 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 12,396,192 | 10,082,257 | |||
Director
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2024 | 2023 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Investments | 15 |
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CURRENT ASSETS | |||||
Debtors | 16 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 17 |
( |
( |
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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 | 21 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 963,769 | 992,228 | |||
Director
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Share Capital | Profit and Loss Account | Total | |
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£ | £ | £ | |
As at 1 April 2022 |
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6,088,251 |
Profit for the year and total comprehensive income | - |
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4,266,484 |
Dividends paid | - | (272,478) | (272,478) |
As at 31 March 2023 and 1 April 2023 |
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10,082,257 |
Profit for the year and total comprehensive income | - |
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2,413,935 |
Dividends paid | - | (100,000) | (100,000) |
As at 31 March 2024 |
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12,396,192 |
Share Capital | Profit and Loss Account | Total | |
---|---|---|---|
£ | £ | £ | |
As at 1 April 2022 |
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208,462 |
Profit for the year and total comprehensive income | - |
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1,056,244 |
Dividends paid | - | (272,478) | (272,478) |
As at 31 March 2023 and 1 April 2023 |
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992,228 |
Profit for the year and total comprehensive income | - |
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71,541 |
Dividends paid | - | (100,000) | (100,000) |
As at 31 March 2024 |
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963,769 |
2024 | 2023 | |||
---|---|---|---|---|
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 | ||||
Purchase of tangible assets |
( |
( |
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Proceeds from disposal of tangible assets |
( |
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Purchase of other fixed asset investments |
( |
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Interest received/(refunded) |
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( |
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Net cash generated from/(used in) investing activities |
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( |
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Cash flows from financing activities | ||||
Equity dividends paid |
( |
( |
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Repayment of bank borrowings |
( |
( |
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Amount withdrawn by directors | (121,358) | (569,740) | ||
Net cash used in financing activities |
( |
( |
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Increase/(decrease) in cash and cash equivalents |
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( |
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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 | ||
---|---|---|---|
£ | £ | ||
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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Loss/(profit) on revaluation of fixed assets | 5,000 | (16,232) | |
Movements in working capital: | |||
(Increase)/decrease in trade and other debtors |
( |
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Increase/(decrease) in trade and other creditors |
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( |
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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 April 2023 | Cash flows | As at 31 March 2024 | |
---|---|---|---|
£ | £ | £ | |
Cash at bank and in hand |
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1,399,804 |
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Debts falling due after more than one year | (405,475) | 425 | (405,050) |
(344,770) | 1,400,229 | 1,055,459 | |
Plant & Machinery |
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Fixtures & Fittings |
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Computer Equipment |
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2024
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2023
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£
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£
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The Turnover for the Current year is
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25,142,070
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23,281,525
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25,142,070
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23,281,525
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Other operating income |
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17,594 | 10,225 | ||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Depreciation of tangible fixed assets |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
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 | ||
---|---|---|---|
£ | £ | ||
Emoluments |
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Company contributions to money purchase pension schemes |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Bank interest receivable |
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Interest on short term deposits |
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( |
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Interest received on Corporation Tax | 8,588 | - | |
Corporation Tax - R&D refund | 170,370 | - | |
203,340 | (2,143) | ||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Bank loans and overdrafts |
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Late payment tax charges |
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Other finance charges |
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70,307 | 81,347 | ||
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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Foreign tax |
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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 | ||||
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£ | £ | ||||
Profit before tax | 3,168,076 | 5,059,376 | |||
Tax on profit at 25% (UK standard rate) |
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Short term timing differences |
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Difference in tax rates |
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Total tax charge for the period | 754,141 | 792,892 | |||
Foregin tax amounting to £3,912 relates to the Provision for Income tax created by Scrumconnect India Pvt. Ltd.
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Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total | |
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£ | £ | £ | £ | |
Cost or Valuation | ||||
As at 1 April 2023 |
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Additions |
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Disposals |
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As at 31 March 2024 |
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Depreciation | ||||
As at 1 April 2023 |
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Provided during the period |
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Disposals |
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As at 31 March 2024 |
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Net Book Value | ||||
As at 31 March 2024 |
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As at 1 April 2023 |
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2024 | |
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£ | |
Fair Value | |
As at 1 April 2023 |
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Additions |
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Fair value adjustments |
( |
As at 31 March 2024 |
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Other | |
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£ | |
Cost | |
As at 1 April 2023 |
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Additions |
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As at 31 March 2024 |
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Provision | |
As at 1 April 2023 |
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As at 31 March 2024 |
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Net Book Value | |
As at 31 March 2024 |
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As at 1 April 2023 |
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Unlisted | |
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£ | |
Cost | |
As at 1 April 2023 |
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As at 31 March 2024 |
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Provision | |
As at 1 April 2023 |
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As at 31 March 2024 |
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Net Book Value | |
As at 31 March 2024 |
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As at 1 April 2023 |
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Group | Company | ||||||
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2024 | 2023 | 2024 | 2023 | ||||
£ | £ | £ | £ | ||||
Due within one year | |||||||
Trade debtors |
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Amounts owed by group undertakings | - | - | 236,809 | 214,590 | |||
Other debtors | 4,852,719 | 4,226,978 | 733,023 | 781,471 | |||
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Group | Company | ||||||
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2024 | 2023 | 2024 | 2023 | ||||
£ | £ | £ | £ | ||||
Trade creditors |
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Other creditors | 198,265 | 296,442 | - | - | |||
Taxation and social security | 1,838,040 | 1,552,257 | - | - | |||
Accruals and deferred income |
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Group | ||||
---|---|---|---|---|
2024 | 2023 | |||
£ | £ | |||
Loans |
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Group | ||||
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2024 | 2023 | |||
£ | £ | |||
Amounts falling due between one and five years: | ||||
Bank loans |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Other timing differences | 3,084 | - | |
As at 1 April 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2024 | |
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£ | £ | £ | £ | £ | |
Mr Praveen Karadiguddi |
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- |
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Mrs Shilpa Kaluti |
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- |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
On equity shares: | |||
Final dividend paid |
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