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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 |
10 |
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Statement of financial position |
11 |
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Notes to the financial statements |
13 |
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Officers and Professional Advisers |
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The board of directors |
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Company secretary |
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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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146 New London Road |
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Chelmsford |
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Essex |
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CM2 0AW |
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Bankers |
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Barclays Bank PLC |
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One Churchill Place |
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London |
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E14 5HP |
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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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146 New London Road |
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Chelmsford |
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Essex |
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CM2 0AW |
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Statement of Income and Retained Earnings |
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2024 |
2023 |
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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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(
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Retained earnings at the start of the year (as previously reported) |
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Prior period adjustments |
– |
(119,312) |
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Retained earnings at the start of the year (restated) |
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Retained earnings at the end of the year |
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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 |
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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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
17 |
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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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Share premium account |
23 |
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Profit and loss account |
23 |
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Shareholders funds |
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Statement of Financial Position (continued) |
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Director |
Director |
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Director |
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Notes to the Financial Statements |
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Freehold property |
- |
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Long leasehold property |
- |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Computer equipment |
- |
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2024 |
2023 |
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£ |
£ |
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Sale of goods |
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Rendering of services |
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2024 |
2023 |
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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 |
3,691 |
19,359 |
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2024 |
2023 |
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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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2024 |
2023 |
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No. |
No. |
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Production 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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2024 |
2023 |
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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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2024 |
2023 |
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£ |
£ |
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Remuneration |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Interest on cash and cash equivalents |
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Other interest receivable and similar income |
– |
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-------- |
-------- |
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-------- |
-------- |
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2024 |
2023 |
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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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Other interest payable and similar charges |
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– |
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-------- |
-------- |
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2024 |
2023 |
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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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2024 |
2023 |
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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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Adjustment to tax charge in respect of prior periods |
– |
(
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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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Effect of different UK tax rates on some earnings |
– |
136,248 |
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Short term timing differences |
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Effect of additional capital allowances claimed |
– |
(
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Tax on profit |
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2024 |
2023 |
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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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Freehold property |
Long leasehold property |
Plant and machinery |
Fixtures, fittings and equipment |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Jan 2024 |
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Additions |
– |
– |
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Disposals |
– |
– |
(
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– |
(
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(
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--------- |
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------------ |
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At 31 Dec 2024 |
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--------- |
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Depreciation |
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At 1 Jan 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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--------- |
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------------ |
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At 31 Dec 2024 |
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--------- |
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Carrying amount |
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At 31 Dec 2024 |
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--------- |
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At 31 Dec 2023 |
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Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
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At 31 December 2024 |
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At 31 December 2023 |
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------------ |
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2024 |
2023 |
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£ |
£ |
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Consumables |
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-------- |
-------- |
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2024 |
2023 |
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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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Amounts owed by related companies |
– |
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Other debtors |
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------------ |
------------ |
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------------ |
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2024 |
2023 |
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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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Director loan accounts |
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Pension creditor |
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Other creditors |
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------------ |
------------ |
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------------ |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Obligations under finance leases and hire purchase contracts |
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--------- |
--------- |
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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 20) |
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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 19) |
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--------- |
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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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48,000 |
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48,000 |
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4,747 |
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4,747 |
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2,000 |
|
2,000 |
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-------- |
-------- |
-------- |
-------- |
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-------- |
-------- |
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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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