|
|
|
|
|
|
|
|
|
Statement of Financial Position |
|
2024 |
2023 |
||
|
Note |
£ |
£ |
£ |
|
Tangible assets |
7 |
|
|
|
|
Debtors |
8 |
|
|
|
|
Cash at bank and in hand |
|
|
||
|
------------ |
------------ |
|||
|
|
|
|||
|
Creditors: amounts falling due within one year |
9 |
|
|
|
|
------------ |
------------ |
|||
|
Net current assets |
|
|
||
|
------------ |
------------ |
|||
|
Total assets less current liabilities |
|
|
||
|
Taxation including deferred tax |
10 |
|
(
|
|
|
------------ |
------------ |
|||
|
Net assets |
|
|
||
|
------------ |
------------ |
|||
|
Called up share capital |
13 |
|
|
|
|
Capital redemption reserve |
14 |
|
|
|
|
Profit and loss account |
14 |
|
|
|
|
------------ |
------------ |
|||
|
Shareholders funds |
|
|
||
|
------------ |
------------ |
|||
|
|
|
Notes to the Financial Statements |
|
Plant and machinery |
- |
20%-30% straight line |
|
|
Office equipment |
- |
10%-50% straight line or 15% reducing balance
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
UK current tax expense |
|
|
|
Origination and reversal of timing differences |
|
(
|
|
Impact of change in tax rate |
(
|
– |
|
------- |
------- |
|
|
Total deferred tax |
|
(
|
|
-------- |
------- |
|
|
Taxation on ordinary activities |
|
(
|
|
-------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Profit/(loss) on ordinary activities before taxation |
|
(
|
|
--------- |
-------- |
|
|
Profit/(loss) on ordinary activities by rate of tax |
|
(
|
|
Effect of expenses not deductible for tax purposes |
|
|
|
Rounding on tax charge |
– |
(
2) |
|
Change in tax rate |
(841) |
– |
|
--------- |
-------- |
|
|
Tax on profit/(loss) |
|
(
|
|
--------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
|
|
|
-------- |
------- |
|
|
Plant and machinery |
Equipment |
Total |
|
|
£ |
£ |
£ |
|
|
Cost |
|||
|
At 1 January 2024 |
|
272,556 |
|
|
Additions |
– |
13,103 |
|
|
Disposals |
(
|
(
157,354) |
(
|
|
-------- |
--------- |
--------- |
|
|
At 31 December 2024 |
|
128,305 |
|
|
-------- |
--------- |
--------- |
|
|
Depreciation |
|||
|
At 1 January 2024 |
|
262,477 |
|
|
Charge for the year |
|
6,772 |
|
|
Disposals |
(
|
(
156,704) |
(
|
|
-------- |
--------- |
--------- |
|
|
At 31 December 2024 |
|
112,545 |
|
|
-------- |
--------- |
--------- |
|
|
Carrying amount |
|||
|
At 31 December 2024 |
– |
15,760 |
|
|
-------- |
--------- |
--------- |
|
|
At 31 December 2023 |
|
10,079 |
|
|
-------- |
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Prepayments and accrued income |
|
|
|
Other debtors |
|
– |
|
------------ |
------------ |
|
|
|
|
|
|
------------ |
------------ |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
Corporation tax |
|
|
|
Social security and other taxes |
|
|
|
Director loan accounts |
|
– |
|
Other creditors |
– |
|
|
------------ |
------------ |
|
|
|
|
|
|
------------ |
------------ |
|
|
Deferred tax (note 11) |
|
|
£ |
|
|
At 1 January 2024 |
(
|
|
Additions |
|
|
------- |
|
|
At 31 December 2024 |
|
|
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Included in provisions (note 10) |
|
(
|
|
---- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Accelerated capital allowances |
|
(
|
|
Provisions |
(
|
(
|
|
---- |
------- |
|
|
522 |
(3,863) |
|
|
---- |
------- |
|
|
2024 |
2023 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
90 |
|
98 |
|
---- |
---- |
---- |
---- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Not later than 1 year |
|
|
|
Later than 1 year and not later than 5 years |
|
|
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
|