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Financial Statements |
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Contents |
Page |
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Strategic report |
1 |
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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 |
9 |
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Statement of financial position |
10 |
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Statement of cash flows |
11 |
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Notes to the financial statements |
12 |
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Strategic Report |
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Director |
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Registered office: |
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Directors' Report |
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Director |
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Registered office: |
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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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Camburgh House |
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27 New Dover Road |
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Canterbury |
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Kent |
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CT1 3DN |
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Statement of Income and Retained Earnings |
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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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(
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------------- |
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Gross profit |
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Administrative expenses |
(
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(
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Other operating income |
5 |
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Operating profit/(loss) |
6 |
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(
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Other interest receivable and similar income |
10 |
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Interest payable and similar expenses |
11 |
(
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(
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Profit before taxation |
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Tax on profit |
12 |
(
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Profit for the financial year and total comprehensive income |
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Dividends paid and payable |
13 |
(
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– |
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Retained earnings at the start of the year |
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Retained earnings at the end of the year |
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Statement of Financial Position |
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2025 |
2024 |
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Note |
£ |
£ |
£ |
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Intangible assets |
14 |
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Tangible assets |
15 |
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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 |
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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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– |
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Taxation including deferred tax |
21 |
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Net assets |
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Called up share capital |
24 |
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Profit and loss account |
25 |
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Shareholders funds |
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Director |
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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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(
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Interest payable and similar expenses |
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Gains on disposal of tangible assets |
(
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(
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Tax on profit |
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(
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Accrued expenses/(income) |
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(
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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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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 received |
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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)/from investing activities |
(
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Proceeds from loans from group undertakings |
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(
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Payments of finance lease liabilities |
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(
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Dividends paid |
(
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– |
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Net cash used in financing 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 |
2,932,619 |
1,044,675 |
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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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Land and buildings |
- |
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Plant and machinery |
- |
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Fixtures, fittings and equipment |
- |
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Motor vehicles |
- |
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2025 |
2024 |
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£ |
£ |
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Construction contracts |
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------------- |
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2025 |
2024 |
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£ |
£ |
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Management charges receivable |
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-------- |
-------- |
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2025 |
2024 |
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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 |
(4,152) |
1,544,356 |
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--------- |
------------ |
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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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------- |
------- |
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Audit-related assurance services |
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------- |
------- |
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2025 |
2024 |
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No. |
No. |
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Production staff |
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Administrative staff |
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Management staff |
5 |
5 |
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---- |
---- |
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---- |
---- |
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2025 |
2024 |
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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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------------- |
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2025 |
2024 |
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£ |
£ |
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Remuneration |
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Company contributions to defined contribution pension plans |
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--------- |
--------- |
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2025 |
2024 |
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No. |
No. |
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Defined contribution plans |
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---- |
---- |
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2025 |
2024 |
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£ |
£ |
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Aggregate remuneration |
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Company contributions to defined contribution pension plans |
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--------- |
-------- |
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--------- |
-------- |
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2025 |
2024 |
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£ |
£ |
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Interest on cash and cash equivalents |
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Interest on tax assets |
– |
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-------- |
-------- |
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-------- |
-------- |
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2025 |
2024 |
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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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------- |
------- |
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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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– |
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Adjustments in respect of prior periods |
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– |
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--------- |
---- |
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Total current tax |
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– |
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--------- |
---- |
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Origination and reversal of timing differences |
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(
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--------- |
--------- |
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Tax on profit |
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(
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--------- |
--------- |
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2025 |
2024 |
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£ |
£ |
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Profit on ordinary activities before taxation |
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------------ |
-------- |
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Profit on ordinary activities by rate of tax |
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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 revenue exempt from tax |
– |
(
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Rounding on tax charge |
1 |
– |
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Loss/(Profit) on disposal of fixed assets |
– |
(
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------------ |
--------- |
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Tax on profit |
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(
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------------ |
--------- |
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2025 |
2024 |
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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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– |
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------------ |
---- |
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Goodwill |
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£ |
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Cost |
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At 1 April 2024 and 31 March 2025 |
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Amortisation |
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At 1 April 2024 and 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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Land and buildings |
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 April 2024 |
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Additions |
– |
– |
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Disposals |
– |
– |
– |
(
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(
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--------- |
-------- |
--------- |
------------ |
------------ |
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At 31 March 2025 |
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--------- |
-------- |
--------- |
------------ |
------------ |
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Depreciation |
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At 1 April 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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At 31 March 2025 |
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--------- |
-------- |
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Carrying amount |
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At 31 March 2025 |
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--------- |
-------- |
--------- |
------------ |
------------ |
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At 31 March 2024 |
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--------- |
-------- |
--------- |
------------ |
------------ |
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2025 |
2024 |
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£ |
£ |
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Raw materials and consumables |
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Work in progress |
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------------ |
------------ |
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------------ |
------------ |
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2025 |
2024 |
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£ |
£ |
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Trade debtors |
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Deferred tax asset |
– |
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Prepayments and accrued income |
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Corporation tax repayable |
– |
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Contract retentions |
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Other debtors |
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------------ |
------------ |
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------------ |
------------ |
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2025 |
2024 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings |
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– |
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Accruals and deferred income |
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Corporation tax |
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– |
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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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Other creditors |
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------------- |
------------ |
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------------- |
------------ |
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2025 |
2024 |
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|
£ |
£ |
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Obligations under finance leases and hire purchase contracts |
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– |
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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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– |
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--------- |
-------- |
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--------- |
-------- |
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Deferred tax (note 22) |
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£ |
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At 1 April 2024 |
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Charge against provision |
(
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-------- |
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At 31 March 2025 |
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-------- |
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2025 |
2024 |
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£ |
£ |
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Included in debtors (note 17) |
– |
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Included in provisions (note 21) |
(
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(
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-------- |
--------- |
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(
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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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Unused tax losses |
– |
(
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-------- |
--------- |
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80,696 |
(460,301) |
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-------- |
--------- |
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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999 |
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999 |
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1 |
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1 |
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------- |
------- |
------- |
------- |
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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 |
|
1,817,767 |
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Debt due within one year |
(60,983) |
(750,465) |
(811,448) |
|
Debt due after one year |
– |
(70,914) |
(70,914) |
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------------ |
------------ |
------------ |
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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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---- |
-------- |
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