|
|
|
|
STATEMENT OF FINANCIAL POSITION |
2024 |
2023 |
||
Note |
£ |
£ |
£ |
Tangible assets |
8 |
|
|
|
Stocks |
10 |
|
|
|
Debtors |
11 |
|
|
|
Cash at bank and in hand |
|
|
||
------------ |
------------ |
|||
|
|
|||
CREDITORS: amounts falling due within one year |
12 |
|
|
|
------------ |
------------ |
|||
NET CURRENT ASSETS |
|
|
||
------------ |
------------ |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
||
Taxation including deferred tax |
|
|
|
------------ |
------------ |
||
NET ASSETS |
|
|
|
------------ |
------------ |
||
Called up share capital |
|
|
|
Share premium account |
|
|
|
Capital redemption reserve |
|
|
|
Profit and loss account |
|
|
|
------------ |
------------ |
||
SHAREHOLDERS FUNDS |
|
|
|
------------ |
------------ |
||
|
|
Director |
Director |
|
NOTES TO THE FINANCIAL STATEMENTS |
Goodwill |
- |
|
|
Land and buildings |
- |
|
|
Plant and machinery |
- |
10%, 15% & 20% straight line |
|
Motor vehicles |
- |
|
|
2024 |
2023 |
|
No. |
No. |
|
Production staff |
|
|
Distribution staff |
|
|
Administrative staff |
|
|
---- |
---- |
|
|
|
|
---- |
---- |
|
2024 |
2023 |
|
£ |
£ |
|
Wages and salaries |
|
|
Other pension costs |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2024 |
2023 |
|
£ |
£ |
|
UK current tax expense |
|
|
Adjustments in respect of prior periods |
(
|
(
|
--------- |
--------- |
|
Total current tax |
|
|
--------- |
--------- |
|
Origination and reversal of timing differences |
|
|
--------- |
--------- |
|
Tax on profit |
|
|
--------- |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Profit on ordinary activities before taxation |
|
|
------------ |
------------ |
|
Profit on ordinary activities by rate of tax |
|
|
Adjustment to tax charge in respect of prior periods |
(
|
(
|
Effect of expenses not deductible for tax purposes |
(
|
|
Effect of different UK tax rates on some earnings |
51,937 |
173,884 |
Effect of capital allowances and depreciation |
(41,925) |
(42,478) |
------------ |
------------ |
|
Tax on profit |
|
|
------------ |
------------ |
|
2024 |
2023 |
|
£ |
£ |
|
Equity dividends on ordinary shares |
966,000
|
382,000
|
--------- |
--------- |
|
Goodwill |
|
£ |
|
Cost |
|
At 1 August 2023 and 31 July 2024 |
|
-------- |
|
Amortisation |
|
At 1 August 2023 and 31 July 2024 |
|
-------- |
|
Carrying amount |
|
At 31 July 2024 |
– |
-------- |
|
At 31 July 2023 |
– |
-------- |
|
Land and buildings |
Plant and machinery |
Motor vehicles |
Total |
|
£ |
£ |
£ |
£ |
|
Cost |
||||
At 1 August 2023 |
|
|
|
|
Additions |
|
|
|
|
Disposals |
– |
(
|
(
|
(
|
------------ |
------------ |
--------- |
------------ |
|
At 31 July 2024 |
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
Depreciation |
||||
At 1 August 2023 |
|
|
|
|
Charge for the year |
|
|
|
|
Disposals |
– |
(
|
(
|
(
|
------------ |
------------ |
--------- |
------------ |
|
At 31 July 2024 |
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
Carrying amount |
||||
At 31 July 2024 |
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
At 31 July 2023 |
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
Shares in group undertakings |
|
£ |
|
Cost |
|
At 1 August 2023 and 31 July 2024 |
|
-------- |
|
Impairment |
|
At 1 August 2023 and 31 July 2024 |
|
-------- |
|
Carrying amount |
|
At 31 July 2024 |
– |
-------- |
|
At 31 July 2023 |
– |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Raw materials and consumables |
|
|
Work in progress |
|
|
Finished goods and goods for resale |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
– |
|
Trade creditors |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
– |
165,950 |
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
2024 |
2023 |
|
£ |
£ |
|
Included in provisions |
|
|
--------- |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Accelerated capital allowances |
|
|
--------- |
--------- |
|