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FINANCIAL STATEMENTS |
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Contents |
Pages |
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Officers and professional advisers |
1 |
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Strategic report |
2 |
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Directors' report |
3 to 4 |
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Independent auditor's report to the members |
5 to 8 |
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Statement of comprehensive income |
9 |
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Statement of financial position |
10 |
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Statement of changes in equity |
11 |
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Statement of cash flows |
12 |
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Notes to the financial statements |
13 to 21 |
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OFFICERS AND PROFESSIONAL ADVISERS |
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The board of directors |
S R Smith (Resigned 26 July 2024)
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Registered office |
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Auditor |
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Chartered Certified Accountants & statutory auditor |
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Numeric House |
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98 Station Road |
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Sidcup |
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Kent |
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DA15 7BY |
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Bankers |
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Chatham Customer Service Centre |
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Western Avenue |
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Waterside |
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Chatham Maritime |
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Kent |
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ME4 4RT |
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Solicitors |
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1 Fore Street |
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London |
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EC2Y 5EJ |
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STRATEGIC REPORT |
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Director |
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DIRECTORS' REPORT |
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(Resigned
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Director |
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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 Certified Accountants & statutory auditor |
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Numeric House |
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98 Station Road |
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Sidcup |
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Kent |
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DA15 7BY |
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STATEMENT OF COMPREHENSIVE INCOME |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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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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Interest payable and similar expenses |
9 |
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Profit before taxation |
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Tax on profit |
10 |
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Profit for the financial year and total comprehensive income |
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STATEMENT OF FINANCIAL POSITION |
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2024 |
2023 |
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Note |
£ |
£ |
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Tangible assets |
11 |
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Debtors |
12 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
13 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
14 |
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Provisions |
16 |
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Net assets |
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Called up share capital |
19 |
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Capital redemption reserve |
20 |
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Profit and loss account |
20 |
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Shareholders funds |
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Director |
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STATEMENT OF CHANGES IN EQUITY |
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Called up share capital |
Capital redemption reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 April 2023 |
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Profit for the year |
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Total comprehensive income for the year |
– |
– |
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At 31 December 2023 |
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Profit for the year |
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Total comprehensive income for the year |
– |
– |
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At 31 December 2024 |
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STATEMENT OF CASH FLOWS |
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2024 |
2023 |
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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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Interest payable and similar expenses |
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Loss on disposal of tangible assets |
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Tax on profit |
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Accrued expenses/(income) |
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(
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Changes in: |
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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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Net cash from/(used in) operating activities |
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Purchase of tangible assets |
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Proceeds from sale of tangible assets |
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Net cash used in investing activities |
(
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Payments of finance lease liabilities |
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Net cash from financing activities |
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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 |
340,592 |
632,186 |
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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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Freehold property |
- |
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Plant and machinery |
- |
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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 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Rendering of services |
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Construction contracts |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Depreciation of tangible assets |
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Loss on disposal of tangible assets |
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Impairment of trade debtors |
– |
10,710 |
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Foreign exchange differences |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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2024 |
2023 |
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No. |
No. |
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Directors |
3 |
3 |
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Administration |
38 |
34 |
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Engineers |
85 |
80 |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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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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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Remuneration |
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Company contributions to defined benefit pension plans |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Aggregate remuneration |
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Period from |
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Year to |
1 Apr 23 to |
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31 Dec 24 |
31 Dec 23 |
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£ |
£ |
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Interest on obligations under finance leases and hire purchase contracts |
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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 Dec 24 |
31 Dec 23 |
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£ |
£ |
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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 Dec 24 |
31 Dec 23 |
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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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Utilisation of tax losses |
(
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Effect of deferred taxation |
70,739 |
41,606 |
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Utilisation of tax losses from group companies |
(118,919) |
(77,264) |
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Tax on profit |
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Freehold property |
Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2024 |
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Additions |
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Disposals |
– |
(
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(
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------------ |
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At 31 December 2024 |
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Depreciation |
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At 1 January 2024 |
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Charge for the year |
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Disposals |
– |
(
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(
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(
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At 31 December 2024 |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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Motor vehicles |
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£ |
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At 31 December 2024 |
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At 31 December 2023 |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Amounts owed by customers on construction contracts |
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Prepayments and accrued income |
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Other debtors |
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------------ |
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2024 |
2023 |
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£ |
£ |
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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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2024 |
2023 |
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£ |
£ |
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Obligations under finance leases and hire purchase contracts |
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---------- |
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2024 |
2023 |
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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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---------- |
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Deferred tax (note 17) |
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£ |
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At 1 January 2024 |
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Additions |
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---------- |
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At 31 December 2024 |
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---------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 16) |
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2024 |
2023 |
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£ |
£ |
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Accelerated capital allowances |
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---------- |
-------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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547 |
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547 |
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At 1 Jan 2024 |
Cash flows |
At 31 Dec 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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226,956 |
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Debt due within one year |
(126,042) |
(32,761) |
(158,803) |
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Debt due after one year |
(258,382) |
(212,612) |
(470,994) |
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