5 Investments
| | Other investments other than loans |
|---|
| | £ |
|---|
| Cost |
|
|
| At 1 December 2023 |
- |
|
| Additions |
115,812
|
|
| At 30 November 2024 |
115,812
|
|
| Impairment |
|
|
| At 1 December 2023 and 30 November 2024 |
- |
|
| Carrying amount |
|
|
| At 30 November 2024 |
115,812
|
|
| At 30 November 2023 |
- |
|
During the year, the company invested $150,000 (equivalent to £116,722) in a non-convertible, non-guaranteed, redeemable callable bond maturing on 30 July 2027. The investment is measured at cost and retranslated at each reporting date. At 30 November 2024, the carrying amount was £115,812 , with an unrealised exchange loss of £910 recognised in profit or loss. The investment is exposed to foreign currency risk.