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Financial Statements |
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Contents |
Page |
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Strategic report |
1 |
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Director's report |
3 |
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Independent auditor's report to the member |
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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Director's Report |
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Director |
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Registered office: |
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Independent Auditor's Report to the Member 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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2024 |
2023 |
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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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Other operating income |
5 |
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Operating profit |
6 |
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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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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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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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2024 |
2023 |
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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/(liabilities) |
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(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
16 |
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Taxation including deferred tax |
17 |
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Net assets |
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Called up share capital |
20 |
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Other reserve |
21 |
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Profit and loss account |
21 |
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Shareholder funds |
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Director |
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Statement of Cash Flows |
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2024 |
2023 |
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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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Tax on profit |
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Accrued (income)/expenses |
(
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Changes in: |
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Trade and other debtors |
(
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(
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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 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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Net cash used in investing activities |
(
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(
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------------ |
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Proceeds from borrowings |
(
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------------ |
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Net cash (used in)/from financing activities |
(
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
891,125 |
586,628 |
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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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Freehold property |
- |
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Fixtures & fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
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2024 |
2023 |
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£ |
£ |
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Provision of nursing home services |
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2024 |
2023 |
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£ |
£ |
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Rental income |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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Impairment of trade debtors |
79,435 |
165,817 |
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--------- |
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2024 |
2023 |
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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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Taxation advisory services |
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------- |
------- |
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6,850 |
5,750 |
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------- |
------- |
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2024 |
2023 |
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No. |
No. |
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Administrative staff |
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Management staff |
1 |
1 |
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Nursing Home Staff |
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---- |
---- |
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---- |
---- |
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2024 |
2023 |
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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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2024 |
2023 |
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£ |
£ |
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Interest on cash and cash equivalents |
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-------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Interest on banks loans and overdrafts |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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UK current tax expense |
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Origination and reversal of timing differences |
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Tax on profit |
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2024 |
2023 |
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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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Effect of capital allowances and depreciation |
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Utilisation of tax losses |
– |
(
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Deferred tax adjustment |
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Sundry tax items |
(4,457)
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5,174
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Tax on profit |
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Freehold property |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 October 2023 |
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Additions |
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– |
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------------- |
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-------- |
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------------- |
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At 30 September 2024 |
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------------- |
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-------- |
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Depreciation |
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At 1 October 2023 |
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Charge for the year |
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------------- |
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-------- |
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At 30 September 2024 |
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------------- |
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-------- |
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------------- |
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Carrying amount |
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At 30 September 2024 |
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------------- |
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-------- |
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------------- |
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At 30 September 2023 |
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------------- |
--------- |
-------- |
--------- |
------------- |
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2024 |
2023 |
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£ |
£ |
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Food stocks and consumables |
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------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings |
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Prepayments and accrued income |
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------------ |
------------ |
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------------ |
------------ |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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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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Director loan accounts |
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Other creditors |
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------------ |
------------ |
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------------ |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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------------ |
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Deferred tax (note 18) |
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£ |
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At 1 October 2023 |
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Additions |
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--------- |
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At 30 September 2024 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 17) |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Accelerated capital allowances |
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--------- |
--------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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10 |
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10 |
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---- |
---- |
---- |
---- |
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At 1 Oct 2023 |
Cash flows |
At 30 Sep 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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193,344 |
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Debt due within one year |
(3,602,960) |
1,726,617 |
(1,876,343) |
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Debt due after one year |
(5,570,531) |
(179,756) |
(5,750,287) |
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------------ |
------------ |
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(
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(
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