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Financial Statements |
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Contents |
Pages |
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Officers and professional advisers |
1 |
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Strategic report |
2 to 3 |
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Directors' report |
4 to 5 |
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Independent auditor's report to the members |
6 to 9 |
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Consolidated statement of comprehensive income |
10 |
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Consolidated statement of financial position |
11 |
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Company statement of financial position |
12 |
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Consolidated statement of changes in equity |
13 |
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Company statement of changes in equity |
14 |
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Consolidated statement of cash flows |
15 |
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Notes to the financial statements |
16 to 24 |
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Officers and Professional Advisers |
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The board of directors |
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Registered office |
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South Yorkshire |
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Auditor |
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Chartered accountants & statutory auditors |
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2 Westbrook Court |
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Sharrow Vale Road |
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Sheffield |
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S11 8YZ |
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Strategic Report |
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Director |
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Registered office: |
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South Yorkshire |
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Directors' Report |
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Director |
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Registered office: |
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South Yorkshire |
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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 auditors |
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2 Westbrook Court |
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Sharrow Vale Road |
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Sheffield |
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S11 8YZ |
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Consolidated Statement of Comprehensive Income |
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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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– |
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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 |
8 |
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Interest payable and similar expenses |
9 |
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Loss before taxation |
(
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(
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Tax on loss |
10 |
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(
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Loss for the financial year |
(
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(
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Revaluation of tangible assets |
– |
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Total comprehensive income for the year |
(
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Consolidated Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
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Negative goodwill |
11 |
(
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(
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Tangible assets |
12 |
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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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Creditors: amounts falling due after more than one year |
16 |
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Net assets |
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Called up share capital |
17 |
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Revaluation reserve |
18 |
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Profit and loss account |
18 |
(
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(
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Shareholders funds |
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Director |
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Company Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
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Investments |
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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Creditors: amounts falling due after more than one year |
16 |
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Net assets |
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Called up share capital |
17 |
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Profit and loss account |
18 |
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Shareholders funds |
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Director |
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Consolidated Statement of Changes in Equity |
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Called up share capital |
Revaluation reserve |
Profit and loss account |
Total |
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Note |
£ |
£ |
£ |
£ |
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At 1 October 2022 |
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– |
(
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(
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Loss for the year |
(
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(
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Other comprehensive income for the year: |
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Revaluation of tangible assets |
12 |
– |
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– |
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---- |
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Total comprehensive income for the year |
– |
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(
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At 30 September 2023 |
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(
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Loss for the year |
(
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(
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---- |
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Total comprehensive income 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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Company Statement of Changes in Equity |
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Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 October 2022 |
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Loss for the year |
(
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(
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---- |
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Total comprehensive income for the year |
– |
(
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(
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At 30 September 2023 |
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Loss for the year |
(
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(
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---- |
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Total comprehensive income for the year |
– |
(
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(
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---- |
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At 30 September 2024 |
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Consolidated Statement of Cash Flows |
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2024 |
2023 |
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£ |
£ |
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Loss for the financial year |
(
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(
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Adjustments for: |
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Depreciation of tangible assets |
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Amortisation of intangible assets |
(
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(
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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 loss |
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(
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Accrued 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 received/(paid) |
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(
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Net cash from operating activities |
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Repayments of borrowings |
(
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(
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Repayments of loans from group undertakings |
(
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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 |
28,874,946 |
27,063,657 |
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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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Goodwill |
- |
Straight line over the remainder of the contract period of 17.94 years
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Installed equipment |
- |
Straight line over the contract period of 16-20 years
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2024 |
2023 |
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£ |
£ |
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Electicity generation |
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------------- |
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2024 |
2023 |
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£ |
£ |
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Amortisation of intangible assets |
(
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(
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Depreciation of tangible assets |
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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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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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2024 |
2023 |
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£ |
£ |
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UK current tax expense/(income) |
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(
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Tax on loss |
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(
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-------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Loss on ordinary activities before taxation |
(
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(
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------------- |
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Loss on ordinary activities by rate of tax |
(
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(
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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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Tax on loss |
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(
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Group |
Goodwill |
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£ |
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Cost |
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At 1 October 2023 and 30 September 2024 |
(
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-------------- |
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Amortisation |
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At 1 October 2023 |
(
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Charge for the year |
(
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-------------- |
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At 30 September 2024 |
(
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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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At 30 September 2023 |
(
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-------------- |
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Group |
Plant and machinery |
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£ |
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Cost |
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At 1 October 2023 and 30 September 2024 |
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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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At 30 September 2024 |
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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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At 30 September 2023 |
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Group |
Plant and machinery |
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£ |
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At 30 September 2024 |
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Aggregate cost |
267,973,505 |
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Aggregate depreciation |
(128,707,950) |
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-------------- |
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Carrying value |
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-------------- |
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At 30 September 2023 |
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Aggregate cost |
267,973,505 |
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Aggregate depreciation |
(115,925,896) |
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-------------- |
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Carrying value |
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Company |
Shares in group undertakings |
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£ |
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Cost |
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At 1 October 2023 and 30 September 2024 |
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------------- |
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Impairment |
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At 1 October 2023 and 30 September 2024 |
– |
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Carrying amount |
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At 1 October 2023 and 30 September 2024 |
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------------- |
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At 30 September 2023 |
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Group |
Company |
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2024 |
2023 |
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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Corporation tax repayable |
– |
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– |
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Other debtors |
– |
– |
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– |
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------------- |
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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Other loans |
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Bank loans and overdrafts |
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– |
– |
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Accruals and deferred income |
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Social security and other taxes |
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– |
– |
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Other creditors |
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------------- |
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Group |
Company |
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2024 |
2023 |
2024 |
2023 |
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£ |
£ |
£ |
£ |
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Other loans |
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Bank loans and overdrafts |
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– |
– |
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-------------- |
-------------- |
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2024 |
2023 |
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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 Oct 2023 |
Cash flows |
At 30 Sep 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
|
641,659 |
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Debt due within one year |
(22,902,739) |
(1,777,095) |
(24,679,834) |
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Debt due after one year |
(267,211,488) |
13,595,104 |
(253,616,384) |
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(
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(
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-------------- |
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