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Financial Statements |
Contents |
Page |
Officers and professional advisers |
1 |
Strategic report |
2 |
Directors' report |
4 |
Independent auditor's report to the members |
6 |
Statement of income and retained earnings |
10 |
Statement of financial position |
11 |
Statement of cash flows |
12 |
Notes to the financial statements |
13 |
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Officers and Professional Advisers |
The board of directors |
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Registered office |
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England |
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Auditor |
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Chartered accountants & statutory auditor |
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46 Syon Lane |
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Isleworth |
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Middlesex |
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TW7 5NQ |
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Bankers |
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25 Gresham Street |
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London |
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EC2V 7HN |
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Strategic Report |
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Director |
Registered office: |
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England |
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Directors' Report |
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Director |
Registered office: |
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England |
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
46 Syon Lane |
Isleworth |
Middlesex |
TW7 5NQ |
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Statement of Income and Retained Earnings |
2023 |
2022 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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------------- |
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Gross profit |
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Administrative expenses |
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Other operating income |
5 |
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Operating profit |
6 |
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Interest payable and similar expenses |
10 |
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Profit before taxation |
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Tax on profit |
11 |
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--------- |
-------- |
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Profit for the financial year and total comprehensive income |
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--------- |
-------- |
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Dividends paid and payable |
12 |
(
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(
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Retained earnings at the start of the year |
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--------- |
-------- |
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Retained earnings at the end of the year |
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--------- |
-------- |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Tangible assets |
13 |
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Stocks |
14 |
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Debtors |
15 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
16 |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
17 |
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--------- |
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Net assets |
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--------- |
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Called up share capital |
21 |
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Profit and loss account |
22 |
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--------- |
-------- |
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Shareholders funds |
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--------- |
-------- |
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Director |
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Statement of Cash Flows |
2023 |
2022 |
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£ |
£ |
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Profit for the financial year |
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Adjustments for: |
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Depreciation of tangible assets |
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Government grant income |
– |
(
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Interest payable and similar expenses |
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Gains on disposal of tangible assets |
(
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– |
Tax on profit |
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Accrued (income)/expenses |
(
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Changes in: |
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Stocks |
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(
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Trade and other debtors |
(
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(
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Trade and other creditors |
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--------- |
------------ |
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Cash generated from operations |
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(
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Interest paid |
(
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(
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Tax paid |
(
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– |
--------- |
--------- |
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Net cash from/(used in) operating activities |
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(
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--------- |
--------- |
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Purchase of tangible assets |
(
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(
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Proceeds from sale of tangible assets |
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– |
--------- |
--------- |
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Net cash used in investing activities |
(
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(
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--------- |
--------- |
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Proceeds from borrowings |
(
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Government grant income |
– |
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Payments of finance lease liabilities |
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– |
Dividends paid |
(
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(
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--------- |
--------- |
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Net cash used in financing activities |
(
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(
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--------- |
--------- |
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
379,794 |
830,517 |
--------- |
--------- |
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Cash and cash equivalents at end of year |
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--------- |
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Notes to the Financial Statements |
Motor vehicles |
- |
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|
2023 |
2022 |
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£ |
£ |
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Sale of goods |
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Commission |
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------------- |
------------- |
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------------- |
------------- |
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2023 |
2022 |
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£ |
£ |
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Government grant income |
– |
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Other operating income |
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– |
------- |
---- |
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------- |
---- |
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2023 |
2022 |
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£ |
£ |
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Depreciation of tangible assets |
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Gains on disposal of tangible assets |
(
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– |
------- |
------- |
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2023 |
2022 |
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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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2023 |
2022 |
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No. |
No. |
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Administrative staff |
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Management staff |
2 |
– |
---- |
---- |
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---- |
---- |
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2023 |
2022 |
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£ |
£ |
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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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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
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£ |
£ |
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Remuneration |
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– |
-------- |
---- |
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2023 |
2022 |
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£ |
£ |
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Interest on banks loans and overdrafts |
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Interest on obligations under finance leases and hire purchase contracts |
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– |
-------- |
------- |
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-------- |
------- |
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2023 |
2022 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
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– |
-------- |
-------- |
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Total current tax |
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-------- |
-------- |
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-------- |
-------- |
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Tax on profit |
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-------- |
-------- |
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2023 |
2022 |
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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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Adjustment to tax charge in respect of prior periods |
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– |
Effect of capital allowances and depreciation |
(
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(
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Effect of different UK tax rates on some earnings |
(9,260) |
– |
--------- |
-------- |
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Tax on profit |
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--------- |
-------- |
|
2023 |
2022 |
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£ |
£ |
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Dividends on equity shares |
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-------- |
-------- |
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Motor vehicles |
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£ |
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Cost |
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At 1 October 2022 |
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Additions |
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Disposals |
(
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-------- |
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At 30 September 2023 |
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-------- |
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Depreciation |
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At 1 October 2022 |
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Charge for the year |
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Disposals |
(
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-------- |
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At 30 September 2023 |
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-------- |
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Carrying amount |
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At 30 September 2023 |
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-------- |
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At 30 September 2022 |
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-------- |
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2023 |
2022 |
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£ |
£ |
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Raw materials and consumables |
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--------- |
--------- |
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
– |
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Other debtors |
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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Obligations under finance leases and hire purchase contracts |
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– |
Other creditors |
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------------ |
------------ |
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------------ |
------------ |
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2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Obligations under finance leases and hire purchase contracts |
|
– |
Other creditors |
– |
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-------- |
--------- |
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-------- |
--------- |
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2023 |
2022 |
|
£ |
£ |
|
Not later than 1 year |
|
– |
Later than 1 year and not later than 5 years |
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– |
-------- |
---- |
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– |
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-------- |
---- |
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2023 |
2022 |
|
£ |
£ |
|
Government grants recognised directly in income |
– |
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---- |
---- |
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2023 |
2022 |
|||
No. |
£ |
No. |
£ |
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|
100 |
|
100 |
---- |
---- |
---- |
---- |
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At 1 Oct 2022 |
Cash flows |
At 30 Sep 2023 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
67,912 |
|
Debt due within one year |
– |
(15,363) |
(15,363) |
Debt due after one year |
(71,040) |
25,939 |
(45,101) |
--------- |
-------- |
--------- |
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--------- |
-------- |
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