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FINANCIAL STATEMENTS |
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Contents |
Page |
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Officers and professional advisers |
1 |
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Strategic report |
2 |
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Directors' report |
3 |
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Independent auditor's report to the members |
5 |
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Statement of income and retained earnings |
9 |
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Statement of financial position |
10 |
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Statement of cash flows |
11 |
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Notes to the financial statements |
12 |
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OFFICERS AND PROFESSIONAL ADVISERS |
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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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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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England |
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DIRECTORS' REPORT |
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Director |
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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) |
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For and on behalf of |
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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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STATEMENT OF INCOME AND RETAINED EARNINGS |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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Note |
£ |
£ |
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Turnover |
4 |
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Cost of sales |
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Gross profit |
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Administrative expenses |
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Operating profit |
5 |
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Other interest receivable and similar income |
9 |
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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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Profit for the financial year and total comprehensive income |
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Dividends paid and payable |
12 |
– |
(
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Retained earnings at the start of the year |
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Retained earnings at the end of the year |
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STATEMENT OF FINANCIAL POSITION |
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2025 |
2024 |
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Note |
£ |
£ |
£ |
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Intangible assets |
13 |
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– |
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Tangible assets |
14 |
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Investments |
15 |
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– |
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Stocks |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
18 |
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Net current assets |
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Total assets less current liabilities |
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Provisions |
19 |
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Net assets |
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Called up share capital |
22 |
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Profit and loss account |
23 |
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Shareholders funds |
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Director |
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STATEMENT OF CASH FLOWS |
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2025 |
2024 |
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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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Other interest receivable and similar income |
(
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Interest payable and similar expenses |
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Gains on disposal of tangible assets |
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– |
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Tax on profit |
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Accrued expenses |
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Changes in: |
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Stocks |
(
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Trade and other debtors |
(
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Trade and other creditors |
(
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Cash generated from operations |
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Interest paid |
(
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Interest received |
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Tax paid |
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Net cash (used in)/from operating activities |
(
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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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Purchase of intangible assets |
(
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– |
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Acquisition of subsidiaries |
(
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– |
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Net cash used in investing activities |
(
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(
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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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Net cash from/(used in) financing activities |
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(
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Net decrease in cash and cash equivalents |
(
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(
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Cash and cash equivalents at beginning of year |
2,697,737 |
3,084,460 |
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Cash and cash equivalents at end of year |
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NOTES TO THE FINANCIAL STATEMENTS |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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Sale of goods |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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United Kingdom |
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Overseas |
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--------------- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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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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Impairment of trade debtors |
11,098 |
(10,325) |
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Foreign exchange differences |
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--------- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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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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2025 |
2024 |
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No. |
No. |
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Distribution staff |
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Administrative staff |
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Management staff |
3 |
3 |
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---- |
---- |
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---- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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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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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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Remuneration |
– |
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Company contributions to defined contribution pension plans |
– |
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---- |
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– |
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---- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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Interest on cash and cash equivalents |
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– |
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Other interest receivable and similar income |
– |
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--------- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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Other interest payable and similar charges |
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--------- |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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UK current tax expense |
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Origination and reversal of timing differences |
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Tax on profit |
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Period from |
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Year to |
1 Apr 23 to |
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31 Jan 25 |
31 Jan 24 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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Profit on ordinary activities by rate of tax |
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Effect of expenses not deductible for tax purposes |
(
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Effect of capital allowances and depreciation |
(
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(
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Utilisation of tax losses |
(
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– |
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Deferred tax |
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Tax on profit |
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2025 |
2024 |
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£ |
£ |
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) |
– |
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---- |
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Computer software |
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£ |
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Cost |
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Additions |
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At 31 January 2025 |
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Amortisation |
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At 1 February 2024 and 31 January 2025 |
– |
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Carrying amount |
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At 31 January 2025 |
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At 31 January 2024 |
– |
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Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 February 2024 |
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– |
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Additions |
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– |
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Disposals |
– |
– |
(
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(
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At 31 January 2025 |
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Depreciation |
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At 1 February 2024 |
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– |
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Charge for the year |
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Disposals |
– |
– |
(
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(
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At 31 January 2025 |
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Carrying amount |
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At 31 January 2025 |
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At 31 January 2024 |
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– |
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Shares in group undertakings |
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£ |
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Cost |
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At 1 February 2024 |
– |
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Additions |
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---------- |
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At 31 January 2025 |
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---------- |
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Impairment |
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At 1 February 2024 and 31 January 2025 |
– |
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---------- |
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Carrying amount |
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At 31 January 2025 |
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At 31 January 2024 |
– |
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Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Ordinary |
100 |
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2025 |
2024 |
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£ |
£ |
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Finished goods and goods for resale |
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2025 |
2024 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings |
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Prepayments and accrued income |
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Other debtors |
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--------------- |
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2025 |
2024 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings |
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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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Other creditors |
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Deferred tax (note 20) |
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£ |
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At 1 February 2024 |
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Additions |
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--------- |
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At 31 January 2025 |
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--------- |
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2025 |
2024 |
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£ |
£ |
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Included in provisions (note 19) |
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--------- |
------- |
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2025 |
2024 |
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£ |
£ |
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Accelerated capital allowances |
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--------- |
------- |
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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12 |
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12 |
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---- |
---- |
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---- |
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At 1 Feb 2024 |
Cash flows |
At 31 Jan 2025 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(908,027) |
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Debt due within one year |
(21,192) |
(207,787) |
(228,979) |
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(
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2025 |
2024 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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