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FINANCIAL STATEMENTS |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Director's report |
3 |
Independent auditor's report to the member |
5 |
Statement of comprehensive income |
9 |
Statement of financial position |
10 |
Statement of changes in equity |
11 |
Statement of cash flows |
12 |
Notes to the financial statements |
13 |
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OFFICERS AND PROFESSIONAL ADVISERS |
Director |
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Registered office |
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Auditor |
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Chartered accountants & statutory auditor |
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168 Church Road |
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Hove |
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East Sussex |
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BN3 2DL |
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STRATEGIC REPORT |
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Director |
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Registered office: |
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DIRECTOR'S REPORT |
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Director |
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Registered office: |
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INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
168 Church Road |
Hove |
East Sussex |
BN3 2DL |
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STATEMENT OF COMPREHENSIVE INCOME |
2024 |
2023 |
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Note |
£ |
£ |
Administrative expenses |
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– |
--------- |
---- |
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Operating loss |
(
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– |
Income from other fixed asset investments |
5 |
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– |
Interest payable and similar expenses |
6 |
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– |
---------- |
---- |
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Profit before taxation |
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– |
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Tax on profit |
7 |
– |
– |
---------- |
---- |
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Profit for the financial year and total comprehensive income |
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– |
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---------- |
---- |
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STATEMENT OF FINANCIAL POSITION |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Investments |
9 |
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Debtors |
10 |
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Creditors: amounts falling due within one year |
11 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets |
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Called up share capital |
12 |
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Share premium account |
13 |
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– |
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Profit and loss account |
13 |
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– |
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------------- |
---- |
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Shareholder funds |
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------------- |
---- |
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Director |
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STATEMENT OF CHANGES IN EQUITY |
Called up share capital |
Share premium account |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 April 2022 |
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– |
– |
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Profit for the year |
– |
– |
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At 31 March 2023 |
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– |
– |
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Profit for the year |
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---- |
---- |
---------- |
---------- |
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Total comprehensive income for the year |
– |
– |
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Issue of shares |
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– |
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Dividends paid and payable |
8 |
– |
– |
(
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(
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---- |
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Total investments by and distributions to owners |
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(
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---- |
------------- |
---------- |
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At 31 March 2024 |
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STATEMENT OF CASH FLOWS |
2024 |
2023 |
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£ |
£ |
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Profit for the financial year |
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– |
Adjustments for: |
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Income from other fixed asset investments |
(
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– |
Interest payable and similar expenses |
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– |
Accrued expenses |
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– |
Changes in: |
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Trade and other creditors |
(
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– |
------------- |
---- |
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Cash generated from operations |
(
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– |
Interest paid |
(
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– |
------------- |
---- |
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Net cash used in operating activities |
(
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– |
------------- |
---- |
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Acquisition of subsidiaries |
(
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– |
Dividends received |
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– |
------------- |
---- |
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Net cash used in investing activities |
(
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– |
------------- |
---- |
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Proceeds from issue of ordinary shares |
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– |
Proceeds from borrowings |
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– |
Proceeds from loans from group undertakings |
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– |
Dividends paid |
(
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– |
------------- |
---- |
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Net cash from financing activities |
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– |
------------- |
---- |
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Net decrease in cash and cash equivalents |
– |
– |
Cash and cash equivalents at beginning of year |
– |
– |
---- |
---- |
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Cash and cash equivalents at end of year |
– |
– |
---- |
---- |
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NOTES TO THE FINANCIAL STATEMENTS |
2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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– |
--------- |
---- |
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2024 |
2023 |
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£ |
£ |
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Dividends from other fixed asset investments |
269,519 |
– |
---------- |
---- |
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2024 |
2023 |
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£ |
£ |
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Other interest payable and similar charges |
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– |
--------- |
---- |
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2024 |
2023 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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– |
---------- |
---- |
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Profit on ordinary activities by rate of tax |
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– |
Effect of revenue exempt from tax |
(
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– |
Unused tax losses |
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– |
---------- |
---- |
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Tax on profit |
– |
– |
---------- |
---- |
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2024 |
2023 |
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£ |
£ |
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Dividends on equity shares |
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– |
---------- |
---- |
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Shares in group undertakings |
Other investments other than loans |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2023 |
– |
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Additions |
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– |
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Transfers |
1,005,000 |
(1,005,000) |
– |
------------- |
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At 31 March 2024 |
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– |
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Impairment |
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At 1 April 2023 and 31 March 2024 |
– |
– |
– |
------------- |
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------------- |
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Carrying amount |
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At 31 March 2024 |
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– |
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------------- |
------------- |
------------- |
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At 31 March 2023 |
– |
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------------- |
------------- |
------------- |
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Amounts owed to group undertakings |
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– |
Accruals and deferred income |
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– |
Director loan accounts |
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– |
Other creditors |
– |
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---------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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139 |
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100 |
---- |
---- |
---- |
---- |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
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£ |
£ |
£ |
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Debt due within one year |
– |
(971,014) |
(971,014) |
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