| Directors |
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| Company Number |
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| Registered Office | Ground Floor Office, Allinson Court |
| Old Market Place | |
| Ripon | |
| Yorkshire | |
| HG4 1AL | |
| Accountants | GLX Advisory Limited |
| Chartered Accountants | |
| 69-75 Thorpe Road | |
| Norwich | |
| NR1 1UA | |
| Auditors |
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| 1st Floor, Prospect House | |
| Rouen Road | |
| Norwich | |
| Norfolk | |
| NR1 1RE | |
| Bankers | HSBC PLC |
| 136 High Street | |
| Stockton-on-Tees | |
| Durham | |
| TS18 1LR | |
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Director
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23/03/2025
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Director
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for and on behalf of
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1st Floor, Prospect House
Rouen Road
Norwich
Norfolk
NR1 1RE
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 4 |
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| Cost of sales |
( |
( |
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| GROSS SURPLUS |
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| Administrative expenses |
( |
( |
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| Other operating income |
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| Fair value gains on investments |
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| OPERATING DEFICIT | 6 |
( |
( |
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| Other interest receivable and similar income | 10 |
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| DEFICIT BEFORE TAXATION |
( |
( |
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| Tax on Deficit | 11 |
( |
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| DEFICIT AFTER TAXATION BEING DEFICIT FOR THE FINANCIAL YEAR |
( |
( |
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| RETAINED EARNINGS | ||||
| As at 1 September 2023 |
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| As at 31 August 2024 |
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 12 |
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| Tangible Assets | 13 |
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| Investments | 14 |
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| CURRENT ASSETS | |||||
| 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 (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| Income and Expenditure Account |
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| MEMBERS' FUNDS | 3,391,548 | 3,455,041 | |||
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Director
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash (used in)/generated from operations | 1 |
( |
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| Tax paid |
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( |
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| Net cash (used in)/generated from operating activities |
( |
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| Cash flows from investing activities | ||||
| Purchase of intangible assets |
( |
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| Purchase of tangible assets |
( |
( |
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| Interest received |
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| Net cash (used in)/generated from investing activities |
( |
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| (Decrease)/increase in cash and cash equivalents |
( |
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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 | ||
|---|---|---|---|
| £ | £ | ||
| Loss for the financial year |
( |
( |
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| Adjustments for: | |||
| Tax on loss |
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( |
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| Interest income |
( |
( |
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| Amortisation of intangible assets |
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| Depreciation of tangible assets |
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| Net fair value gains recognised in profit or loss | (317,369) | (8,150) | |
| Movements in working capital: | |||
| Increase in trade and other debtors |
( |
( |
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| (Decrease)/increase in trade and other creditors |
( |
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| Net cash (used in)/generated from operations |
( |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
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| As at 1 September 2023 | Cash flows | As at 31 August 2024 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
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(1,013,913) |
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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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Membership income
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6,280,224
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6,639,971
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Non-Membership income
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649,719
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391,634
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6,929,943
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7,031,605
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other operating income |
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| - | 42,579 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bad debts | (62) | 2,006 | |
| Operating lease rentals |
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| Depreciation of tangible fixed assets |
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| Amortisation of intangible fixed assets |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 | ||
|---|---|---|---|
| Money purchase pension schemes |
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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 deposits |
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| Interest received on investment | 98,770 | 33,735 | |
| 99,888 | 38,345 | ||
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The tax charge/(credit) on the deficit for the year was as follows:
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| Tax Rate | 2024 | 2023 | |||
|---|---|---|---|---|---|
| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
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( |
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| Deferred Tax | |||||
| Deferred taxation |
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( |
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| Total tax charge/(credit) for the year |
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( |
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The actual charge/(credit) for the year can be reconciled to the expected credit for the year based on the deficit and the standard rate of corporation tax as follows:
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| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | (59,686) | (13,776) | |||
| Tax on profit at 25% (UK standard rate) |
( |
( |
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| Goodwill/depreciation not allowed for tax |
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| Expenses not deductible for tax purposes |
( |
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| Tax losses utilised |
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| Capital allowances |
( |
( |
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| Short term timing differences |
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( |
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| Total tax charge for the period | 3,807 | (8,489) | |||
| Development Costs | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 September 2023 |
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| Additions |
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| As at 31 August 2024 |
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| Amortisation | |||
| As at 1 September 2023 |
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| Provided during the period |
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| As at 31 August 2024 |
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| Net Book Value | |||
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at 1 September 2023 |
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| Additions |
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| As at 31 August 2024 |
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| Depreciation | |
| As at 1 September 2023 |
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| Provided during the period |
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| As at 31 August 2024 |
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| Net Book Value | |
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Other | |
|---|---|
| £ | |
| Cost | |
| As at 1 September 2023 |
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| Revaluations |
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| As at 31 August 2024 |
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| Provision | |
| As at 1 September 2023 |
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| As at 31 August 2024 |
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| Net Book Value | |
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors | - |
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| Corporation tax recoverable assets |
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| Deferred tax current asset | - | 3,807 | |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
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| Payments on account |
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| Other creditors | 245,968 | 252,228 | |
| Taxation and social security | 704,661 | 863,565 | |
| Accruals and deferred income |
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£
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£
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Net book value of fixed assets per financial statements
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31,671
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24,646
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Tax written down value of fixed assets
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23,379
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39,874
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Difference
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£8,292
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-£15,228
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year |
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| Later than one year and not later than five years | - |
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2024
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2023
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£
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£
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Wages and salaries
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2,858,066
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2,877,318
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Social security
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282,176
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300,540
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Pensions
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215,188
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204,643
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3,355,430
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3,382,501
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