|
|
|
|
|
FOR THE PERIOD ENDED |
|
|
|
|
|
CONSOLIDATED STATEMENT OF FINANCIAL POSITION |
|
31 Jul 24 |
31 Mar 23 |
||
|
(restated) |
|||
|
Note |
£ |
£ |
£ |
|
Intangible assets excluding negative goodwill |
|
|
||
|
Negative goodwill |
(
|
(
|
||
|
--------- |
------------ |
|||
|
Intangible assets |
6 |
(
|
|
|
|
Tangible assets |
7 |
– |
|
|
|
--------- |
--------- |
|||
|
(
|
|
|||
|
Debtors |
9 |
|
|
|
|
Cash at bank and in hand |
|
|
||
|
------------ |
------------ |
|||
|
|
|
|||
|
Creditors: amounts falling due within one year |
11 |
(
|
(
|
|
|
------------ |
------------ |
|||
|
Net current assets |
|
|
||
|
--------- |
------------ |
|||
|
Total assets less current liabilities |
|
|
||
|
Creditors: amounts falling due after more than one year |
12 |
(
|
(
|
|
|
Other provisions |
(
|
(
|
|
|
------------- |
------------- |
||
|
Net liabilities |
(
|
(
|
|
|
------------- |
------------- |
||
|
Called up share capital |
|
|
|
|
Share premium account |
|
|
|
|
Capital redemption reserve |
|
|
|
|
Profit and loss account |
(
|
(
|
|
|
------------- |
------------- |
||
|
Equity attributable to the owners of the parent company |
(
|
(
|
|
|
Non-controlling interests |
(
|
(
|
|
|
------------- |
------------- |
||
|
(
|
(
|
||
|
------------- |
------------- |
||
|
|
|
CONSOLIDATED STATEMENT OF FINANCIAL POSITION (continued) |
|
|
|
Director |
|
|
|
COMPANY STATEMENT OF FINANCIAL POSITION |
|
31 Jul 24 |
31 Mar 23 |
||
|
(restated) |
|||
|
Note |
£ |
£ |
£ |
|
Intangible assets |
– |
(
|
||
|
Tangible assets |
7 |
– |
|
|
|
Investments |
8 |
– |
|
|
|
---- |
------------ |
|||
|
– |
|
|||
|
Debtors |
9 |
|
|
|
|
Investments |
10 |
|
– |
|
|
Cash at bank and in hand |
|
|
||
|
------------ |
------------- |
|||
|
|
|
|||
|
Creditors: amounts falling due within one year |
11 |
(
|
(
|
|
|
------------ |
------------- |
|||
|
Net current assets |
|
|
||
|
------------ |
------------- |
|||
|
Total assets less current liabilities |
|
|
||
|
Creditors: amounts falling due after more than one year |
12 |
(
|
(
|
|
|
------------- |
------------- |
|||
|
Net (liabilities)/assets |
(
|
|
||
|
------------- |
------------- |
|||
|
Called up share capital |
|
|
|
|
Share premium account |
|
|
|
|
Capital redemption reserve |
|
|
|
|
Profit and loss account |
(
|
(
|
|
|
------------- |
------------- |
||
|
Shareholders (deficit)/funds |
(
|
10,280,083
|
|
|
------------- |
------------- |
||
|
|
|
COMPANY STATEMENT OF FINANCIAL POSITION (continued) |
|
|
|
Director |
|
|
|
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY |
|
Called up share capital |
Share premium account |
Capital redemption reserve |
Profit and loss account |
Equity attributable to the owners of the parent company |
Non-controlling interests |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
|
|
At 31 March 2022 |
|
|
|
(
|
(
|
– |
(
|
|
Loss for the period |
(
|
(
|
|
(
|
|||
|
------------- |
------------ |
---- |
------------- |
------------ |
--------- |
------------ |
|
|
Total comprehensive income for the period |
– |
– |
– |
(
|
(
|
|
(
|
|
Acquisition of subsidiary with minority interest |
– |
– |
– |
– |
– |
(
|
(
|
|
------------- |
------------ |
---- |
------------- |
------------ |
------------ |
------------ |
|
|
Total investments by and distributions to owners |
– |
– |
– |
– |
– |
(
|
(
|
|
At 31 March 2023 |
|
|
|
(
|
(
|
(
|
(
|
|
Loss for the period |
(
|
(
|
|
(
|
|||
|
------------- |
------------ |
---- |
------------- |
------------- |
------------ |
------------- |
|
|
Total comprehensive income for the period |
– |
– |
– |
(
|
(
|
|
(
|
|
------------- |
------------ |
---- |
------------- |
------------- |
------------ |
------------- |
|
|
At 31 July 2024 |
|
|
|
(
|
(
|
(
|
(
|
|
------------- |
------------ |
---- |
------------- |
------------- |
------------ |
------------- |
|
|
|
|
COMPANY STATEMENT OF CHANGES IN EQUITY |
|
Called up share capital |
Share premium account |
Capital redemption reserve |
Profit and loss account |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
At 31 March 2022 |
|
|
|
(
|
|
|
Loss for the period |
(
|
(
|
|||
|
------------- |
------------ |
---- |
------------- |
------------- |
|
|
Total comprehensive income for the period |
– |
– |
– |
(
|
(
|
|
At 31 March 2023 |
|
|
|
(16,611,068) |
|
|
Loss for the period |
(
|
(
|
|||
|
------------- |
------------ |
---- |
------------- |
------------- |
|
|
Total comprehensive income for the period |
– |
– |
– |
(
|
(
|
|
------------- |
------------ |
---- |
------------- |
------------- |
|
|
At 31 July 2024 |
|
|
|
(
|
(
|
|
------------- |
------------ |
---- |
------------- |
------------- |
|
|
|
|
NOTES TO THE FINANCIAL STATEMENTS |
|
|
|
NOTES TO THE FINANCIAL STATEMENTS (continued) |
|
Goodwill |
- |
|
|
|
Development Costs |
- |
Over 5-10 years
|
|
|
Fixtures & Fittings |
- |
33% straight line or over the term of the lease
|
|
|
Computer Equipment |
- |
|
|
|
Group |
Goodwill |
Development costs |
Total |
|
£ |
£ |
£ |
|
|
Cost |
|||
|
At 1 April 2023 (as restated) |
|
|
|
|
Additions |
– |
|
|
|
Disposals |
– |
(
|
(
|
|
------------ |
------------ |
------------ |
|
|
At 31 July 2024 |
|
|
|
|
------------ |
------------ |
------------ |
|
|
Amortisation |
|||
|
At 1 April 2023 |
|
|
|
|
Charge for the period |
|
|
|
|
Disposals |
– |
(
|
(
|
|
Impairment losses |
22,579 |
1,246,286
|
1,268,865
|
|
------------ |
------------ |
------------ |
|
|
At 31 July 2024 |
|
|
|
|
------------ |
------------ |
------------ |
|
|
Carrying amount |
|||
|
At 31 July 2024 |
(
|
|
(
|
|
------------ |
------------ |
------------ |
|
|
At 31 March 2023 |
(
|
|
|
|
------------ |
------------ |
------------ |
|
|
Group |
Fixtures and fittings |
Computer Equipment |
Total |
|
£ |
£ |
£ |
|
|
Cost |
|||
|
At 1 April 2023 (as restated) |
|
|
|
|
Additions |
|
|
|
|
Disposals |
(
|
– |
(
|
|
--------- |
--------- |
--------- |
|
|
At 31 July 2024 |
|
|
|
|
--------- |
--------- |
--------- |
|
|
Depreciation |
|||
|
At 1 April 2023 |
|
|
|
|
Charge for the period |
|
|
|
|
Disposals |
(
|
– |
(
|
|
Impairment losses |
50,939
|
44,054
|
94,993
|
|
--------- |
--------- |
--------- |
|
|
At 31 July 2024 |
|
|
|
|
--------- |
--------- |
--------- |
|
|
Carrying amount |
|||
|
At 31 July 2024 |
– |
– |
– |
|
--------- |
--------- |
--------- |
|
|
At 31 March 2023 |
|
|
|
|
--------- |
--------- |
--------- |
|
|
Company |
Fixtures and fittings |
Computer Equipment |
Total |
|
£ |
£ |
£ |
|
|
Cost |
|||
|
At 1 April 2023 (as restated) |
|
|
|
|
Additions |
|
– |
|
|
--------- |
-------- |
--------- |
|
|
At 31 July 2024 |
|
|
|
|
--------- |
-------- |
--------- |
|
|
Depreciation |
|||
|
At 1 April 2023 |
|
|
|
|
Charge for the period |
|
|
|
|
Impairment losses |
43,918
|
16,178
|
60,096
|
|
--------- |
-------- |
--------- |
|
|
At 31 July 2024 |
|
|
|
|
--------- |
-------- |
--------- |
|
|
Carrying amount |
|||
|
At 31 July 2024 |
– |
– |
– |
|
--------- |
-------- |
--------- |
|
|
At 31 March 2023 |
|
|
|
|
--------- |
-------- |
--------- |
|
|
Company |
Shares in group undertakings |
|
£ |
|
|
Cost |
|
|
At 1 April 2023 as restated |
|
|
Disposals |
(
|
|
Transfers |
(500,000)
|
|
------------ |
|
|
At 31 July 2024 |
|
|
------------ |
|
|
Impairment |
|
|
At 1 April 2023 as restated |
|
|
Disposals |
(
|
|
Impairment losses |
|
|
------------ |
|
|
At 31 July 2024 |
|
|
------------ |
|
|
Carrying amount |
|
|
At 31 July 2024 |
– |
|
------------ |
|
|
At 31 March 2023 |
|
|
------------ |
|
|
Class of share |
Percentage of shares held |
|
|
Subsidiary undertakings |
||
|
|
Ordinary |
100 |
|
|
Ordinary |
100 |
|
|
Ordinary |
100 |
|
|
Ordinary |
100 |
|
|
Ordinary |
100 |
|
|
Ordinary |
69 |
|
|
Ordinary |
69 |
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Trade debtors |
|
|
|
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
– |
|
|
|
Other debtors |
|
|
|
|
|
------------ |
------------ |
------------ |
------------- |
|
|
|
|
|
|
|
|
------------ |
------------ |
------------ |
------------- |
|
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Other debtors |
|
|
– |
|
|
--------- |
--------- |
---- |
--------- |
|
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Investments in group undertakings |
– |
– |
500,000 |
– |
|
---- |
---- |
--------- |
---- |
|
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
– |
– |
|
Trade creditors |
|
|
|
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
– |
– |
|
|
|
Social security and other taxes |
|
|
|
|
|
Other creditors |
|
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
|
|
|
|
|
|
|
------------ |
------------ |
--------- |
------------ |
|
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
– |
– |
|
Shareholder loans |
|
|
|
|
|
------------- |
------------- |
------------- |
------------- |
|
|
|
|
|
|
|
|
------------- |
------------- |
------------- |
------------- |
|
|
Group |
Company |
|||
|
31 Jul 24 |
31 Mar 23 |
31 Jul 24 |
31 Mar 23 |
|
|
(restated) |
(restated) |
|||
|
£ |
£ |
£ |
£ |
|
|
Not later than 1 year |
|
|
|
|
|
Later than 1 year and not later than 5 years |
|
|
|
|
|
--------- |
--------- |
-------- |
--------- |
|
|
|
|
|
|
|
|
--------- |
--------- |
-------- |
--------- |
|