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FINANCIAL STATEMENTS |
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Contents |
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STRATEGIC REPORT |
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Director |
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DIRECTORS' REPORT |
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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 Accountants & statutory auditor |
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35 Westgate |
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Huddersfield |
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HD1 1PA |
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PROFIT AND LOSS ACCOUNT |
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2025 |
2024 |
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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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– |
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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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BALANCE SHEET |
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2025 |
2024 |
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Note |
£ |
£ |
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Tangible assets |
12 |
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Stocks |
13 |
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Debtors |
14 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
15 |
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Net current assets |
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Total assets less current liabilities |
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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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Profit and loss account |
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Shareholders funds |
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Director |
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STATEMENT OF CHANGES IN SHAREHOLDERS FUNDS |
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Called up share capital |
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 March 2024 |
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Profit for the year |
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Total comprehensive income for the year |
– |
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At 31 March 2025 |
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STATEMENT OF CASH FLOWS |
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2025 |
2024 |
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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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Other interest receivable and similar income |
– |
(
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Interest payable and similar expenses |
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– |
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Loss/(gains) on disposal of tangible assets |
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(
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Tax on profit |
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Changes in: |
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Stocks |
(
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Trade and other debtors |
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Trade and other creditors |
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(
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Cash generated from operations |
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Interest paid |
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– |
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Interest received |
– |
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Tax paid |
(
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(
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Net cash from operating activities |
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Purchase of tangible assets |
(
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(
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Proceeds from sale of tangible assets |
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Net cash used in investing activities |
(
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(
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
1,615,301 |
1,436,001 |
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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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Short 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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2025 |
2024 |
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£ |
£ |
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Sale of goods |
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2025 |
2024 |
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£ |
£ |
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Depreciation of tangible assets |
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Loss/(gains) on disposal of tangible assets |
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(
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Impairment of trade debtors |
30,000 |
50,756 |
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Foreign exchange differences |
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2025 |
2024 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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2025 |
2024 |
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No. |
No. |
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Production staff |
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Management, sales and administration |
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2025 |
2024 |
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£ |
£ |
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Wages and salaries |
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Other pension costs |
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2025 |
2024 |
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£ |
£ |
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Remuneration |
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Company contributions to defined benefit pension plans |
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2025 |
2024 |
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No. |
No. |
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Defined contribution plans |
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2025 |
2024 |
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£ |
£ |
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Aggregate remuneration |
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2025 |
2024 |
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£ |
£ |
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Interest receivable |
– |
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2025 |
2024 |
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£ |
£ |
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Other interest payable and similar charges |
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– |
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2025 |
2024 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
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– |
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Total current tax |
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Origination and reversal of timing differences |
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(
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Tax on profit |
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2025 |
2024 |
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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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– |
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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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Tax on profit |
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Short leasehold property |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Computer equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Apr 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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At 31 Mar 2025 |
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Depreciation |
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At 1 Apr 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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At 31 Mar 2025 |
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Carrying amount |
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At 31 Mar 2025 |
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At 31 Mar 2024 |
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2025 |
2024 |
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£ |
£ |
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Raw materials, WIP and finished goods |
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2025 |
2024 |
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£ |
£ |
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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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------------ |
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2025 |
2024 |
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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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Other creditors |
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Deferred tax (note 17) |
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£ |
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At 1 April 2024 |
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Additions |
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At 31 March 2025 |
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2025 |
2024 |
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£ |
£ |
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Included in provisions (note 16) |
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------------ |
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2025 |
2024 |
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£ |
£ |
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Accelerated capital allowances |
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Provisions |
(
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(
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------------ |
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232,740 |
108,291 |
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------------ |
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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------------ |
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At 1 Apr 2024 |
Cash flows |
At 31 Mar 2025 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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473,063 |
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------------ |
------------ |
------------ |
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2025 |
2024 |
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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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Later than 5 years |
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