| Directors |
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| Company Number |
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| Registered Office | Aventine House |
| Edwin Avenue | |
| Kidderminster | |
| Worcestershire | |
| DY11 7RA | |
| Business | Aventine House |
| Edwin Avenue | |
| Kidderminster | |
| Worcestershire | |
| DY11 7RA | |
| Accountants | Harrison Partners Limited |
| Auditors |
|
| Masonic Building | |
| 9 Mill Street | |
| Sutton Coldfield | |
| B72 1TJ | |
|
Director
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31 May 2025
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Director
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for and on behalf of
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Masonic Building
9 Mill Street
Sutton Coldfield
B72 1TJ
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 3 |
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| Cost of sales |
( |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
( |
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| Other operating income |
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| OPERATING PROFIT | 5 |
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| (Loss)/profit on disposal of fixed assets |
( |
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| Other interest receivable and similar income | 10 |
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| Interest payable and similar charges | 11 |
( |
( |
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| PROFIT BEFORE TAXATION |
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| Tax on Profit | 12 |
( |
( |
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| PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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| OTHER COMPREHENSIVE INCOME: | ||||
| Gain/(loss) on revaluation of property, plant and equipment |
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( |
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| Tax (expense)/credit on components of other comprehensive income |
( |
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| TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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( |
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 13 |
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| Tangible Assets | 14 |
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| CURRENT ASSETS | |||||
| 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 (LIABILITIES) |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 19 |
( |
( |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 22 |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 24 |
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| Share premium account |
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| Revaluation reserve |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | 3,552,768 | 2,816,623 | |||
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Director
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 15 |
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| CURRENT ASSETS | |||||
| Debtors | 17 |
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| Creditors: Amounts Falling Due Within One Year | 18 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 24 |
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| Share premium account |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | 746,934 | 751,434 | |||
|
Director
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| Share Capital | Share Premium | Revaluation reserve | Income Statement | Total | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| As at 1 September 2022 |
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3,427,384 |
| Profit for year | - | - | - | 117,093 |
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| Surplus on revaluation | - | - |
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- |
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| Deficit on revaluation | - | - | (968,532) | - | (968,532) |
| Other comprehensive income for the year | - | - |
( |
|
( |
| Total comprehensive income for the year | - | - | (727,854) |
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(610,761) |
| As at 31 August 2023 and 1 September 2023 |
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2,816,623 |
| Profit for year | - | - | - | 182,134 |
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| Surplus on revaluation | - | - |
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- |
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| Deficit on revaluation | - | - | (260,034) | - | (260,034) |
| Other comprehensive income for the year | - | - |
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| Total comprehensive income for the year | - | - | 554,011 |
|
736,145 |
| As at 31 August 2024 |
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3,552,768 |
| Share Capital | Share Premium | Income Statement | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 1 September 2022 |
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755,734 |
| Loss for the year and total comprehensive income | - | - |
( |
(4,300) |
| As at 31 August 2023 and 1 September 2023 |
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751,434 |
| Loss for the year and total comprehensive income | - | - |
( |
(4,500) |
| As at 31 August 2024 |
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746,934 |
| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
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| Interest paid |
( |
( |
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| Tax paid |
( |
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| Net cash generated from operating activities |
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| Cash flows from investing activities | ||||
| Purchase of intangible assets |
( |
( |
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| Purchase of tangible assets |
( |
( |
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| Proceeds from disposal of tangible assets |
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| Grants received |
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| Interest received |
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| Net cash used in investing activities |
( |
( |
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| Cash flows from financing activities | ||||
| Proceeds from new bank borrowings |
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| Repayment of bank borrowings |
( |
( |
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| Repayment of finance leases |
( |
( |
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| Amount introduced by directors | 592,623 | 658,822 | ||
| Proceeds from new HP borrowings | - | 92,570 | ||
| Net cash generated from financing activities |
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| Increase in cash and cash equivalents |
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| Cash and cash equivalents at beginning of year | 2 |
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| Cash and cash equivalents at end of year | 2 |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Profit for the financial year |
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| Adjustments for: | |||
| Tax on profit |
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| Interest expense |
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| Interest income |
( |
( |
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| Amortisation of intangible assets |
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| Depreciation of tangible assets |
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| Loss/(profit) on disposal of tangible assets | 434 | (114) | |
| Grant income | (7,038) | (7,038) | |
| Movements in working capital: | |||
| Decrease in stocks |
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| (Increase)/decrease in trade and other debtors |
( |
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| Increase/(decrease) in trade and other creditors |
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( |
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| Net cash generated from operations |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
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| As at 1 September 2023 | Cash flows | As at 31 August 2024 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
|
653,960 |
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| Finance leases | (221,686) | 64,681 | (157,005) |
| Debts falling due within one year |
( |
(45,916) |
( |
| Debts falling due after more than one year | (1,195,719) | (2,645,214) | (3,840,933) |
| (799,460) | (1,972,489) | (2,771,949) | |
| Freehold |
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| Plant & Machinery |
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| Motor Vehicles |
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| Fixtures & Fittings |
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| Computer Equipment |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| United Kingdom |
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| 12,894,459 | 12,198,273 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Grant income |
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| 7,038 | 7,038 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation of tangible fixed assets |
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| Amortisation of intangible fixed assets |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the group and company's financial statements |
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| Other Services | |||
| Audit-related assurance services |
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| Taxation compliance service |
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| Other non-audit services |
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| 14,000 | 7,500 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
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| Social security costs |
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| Other pension costs |
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| 2024 | 2023 | ||
|---|---|---|---|
| Office and administration |
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| Sales, marketing and distribution |
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| Technical |
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| Warehouse |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank interest receivable |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
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| Finance charges payable under finance leases and hire purchase contracts | 11,361 | 9,868 | |
| 123,989 | 82,678 | ||
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The tax charge on the profit for the year was as follows:
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| Tax Rate | 2024 | 2023 | |||
|---|---|---|---|---|---|
| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 23.5% | 21.5% |
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| Deferred Tax | |||||
| Deferred taxation |
( |
( |
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| Total tax charge for the period |
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The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
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| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | 253,168 | 131,486 | |||
| Tax on profit at 23.5% (UK standard rate) |
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| Goodwill/depreciation not allowed for tax |
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| Expenses not deductible for tax purposes |
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| Tax losses utilised |
( |
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| Capital allowances |
( |
( |
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| Short term timing differences |
( |
( |
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| Difference in tax rates |
( |
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| Tax losses unutilised carried forward |
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( |
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| Total tax charge for the period | 71,034 | 14,393 | |||
| Other | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 September 2023 |
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| Additions |
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| As at 31 August 2024 |
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| Amortisation | |||
| As at 1 September 2023 |
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| Provided during the period |
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| As at 31 August 2024 |
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| Net Book Value | |||
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Land & Property | ||||
|---|---|---|---|---|
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | |
| £ | £ | £ | £ | |
| Cost or Valuation | ||||
| As at 1 September 2023 |
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| Additions |
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| Disposals |
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( |
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| Revaluation |
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| As at 31 August 2024 |
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| Depreciation | ||||
| As at 1 September 2023 |
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| Provided during the period |
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| Disposals |
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( |
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| As at 31 August 2024 |
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| Net Book Value | ||||
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Computer Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost or Valuation | ||
| As at 1 September 2023 |
|
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| Additions |
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| Disposals |
( |
( |
| Revaluation |
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| As at 31 August 2024 |
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| Depreciation | ||
| As at 1 September 2023 |
|
|
| Provided during the period |
|
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| Disposals |
( |
( |
| As at 31 August 2024 |
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| Net Book Value | ||
| As at 31 August 2024 |
|
|
| As at 1 September 2023 |
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|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Plant & Machinery | - |
|
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| Fixtures & Fittings | - |
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| Motor Vehicles |
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| Subsidiaries | |
|---|---|
| £ | |
| Cost | |
| As at 1 September 2023 |
|
| Additions |
|
| As at 31 August 2024 |
|
| Provision | |
| As at 1 September 2023 |
|
| As at 31 August 2024 |
|
| Net Book Value | |
| As at 31 August 2024 |
|
| As at 1 September 2023 |
|
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
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Aventine House, Hoo Farm Ind Estate, DY11 7RA |
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- |
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Aventine House, Hoo Farm Ind Estate, DY11 7RA |
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- |
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Aventine House, Hoo Farm Ind Estate, DY11 7RA |
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- |
| Capital and Reserves | Profit/(loss) | |
|---|---|---|
| £ | £ | |
| Greensafe IT Limited |
|
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| Greensafe Property Limited |
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| Greensafe Property (Droitwich) Ltd |
( |
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Corporation tax recoverable assets |
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| VAT |
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- | - | - | |||
| Amounts owed by group undertakings | - | - |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Net obligations under finance lease and hire purchase contracts |
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| Trade creditors |
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| Bank loans and overdrafts |
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| Corporation tax |
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| Other taxes and social security |
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- | - | |||
| Other creditors |
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| Accruals and deferred income |
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| Directors' loan accounts |
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- | - | - | |||
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| Group | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Net obligations under finance lease and hire purchase contracts |
|
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||
| Bank loans |
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| Accruals and deferred income |
|
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| Directors loan account |
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| Group | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Amounts falling due within one year or on demand: | ||||
| Bank loans |
|
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| Group | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Amounts falling due between one and five years: | ||||
| Bank loans |
|
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| Group | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| The future minimum finance lease payments are as follows: | ||||
| Not later than one year |
|
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| Later than one year and not later than five years |
|
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|
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other timing differences | 595,711 | 394,869 | |
| Group | ||
|---|---|---|
| Deferred Tax | Total | |
| £ | £ | |
| As at 1 September 2023 |
|
394,869 |
| Additions |
|
200,842 |
| Balance at 31 August 2024 |
|
595,711 |
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year | - |
|
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| - |
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