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FOR THE YEAR ENDED |
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FINANCIAL STATEMENTS |
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Contents |
Page |
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Officers and professional advisers |
1 |
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Strategic report |
2 |
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Directors' 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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Notes to the financial statements |
11 |
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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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Auditor |
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Chartered accountants & statutory auditor |
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Windsor House |
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A1 Business Park at |
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Long Bennington |
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Notts |
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NG23 5JR |
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Bankers |
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21 Prescot Street |
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E1 8AD |
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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 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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Windsor House |
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A1 Business Park at |
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Long Bennington |
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Notts |
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NG23 5JR |
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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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Other operating income |
5 |
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– |
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20,476,854 |
21,139,591 |
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Raw material and consumables |
(
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(
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Other external charges |
(
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(
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Staff costs |
8 |
(
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(
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Depreciation and other amounts written off tangible and intangible fixed assets |
(
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(
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Other operating expenses |
(
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Operating profit |
6 |
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Income from shares in group undertakings |
10 |
– |
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Other interest receivable and similar income |
11 |
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– |
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Interest payable and similar expenses |
12 |
(
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(
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Profit before taxation |
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Tax on profit |
13 |
(
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(
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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 |
14 |
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Investments |
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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Provisions |
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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Shareholder funds |
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Director |
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NOTES TO THE FINANCIAL STATEMENTS |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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2024 |
2023 |
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£ |
£ |
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Sale of goods |
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2024 |
2023 |
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£ |
£ |
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United Kingdom |
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Rest of Europe |
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Rest of the World |
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2024 |
2023 |
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£ |
£ |
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Other operating income |
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– |
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------- |
---- |
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2024 |
2023 |
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£ |
£ |
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Gains on disposal of tangible assets |
(
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(
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Impairment of trade debtors |
92,048 |
177,414 |
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Foreign exchange differences |
(
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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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No. |
No. |
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Production staff |
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Administrative staff |
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Management staff |
1 |
1 |
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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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2024 |
2023 |
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£ |
£ |
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Remuneration |
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Company contributions to defined contribution pension plans |
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2024 |
2023 |
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No. |
No. |
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Defined contribution plans |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Income from group undertakings |
– |
28,323 |
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---- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Other interest receivable and similar income |
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– |
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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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Interest on obligations under finance leases and hire purchase contracts |
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Other interest payable and similar charges |
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– |
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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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– |
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Adjustments in respect of prior periods |
– |
(
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Total current tax |
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(
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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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Adjustment to tax charge in respect of prior periods |
– |
(
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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 different UK tax rates on some earnings |
– |
4,159 |
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Tax on profit |
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Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 January 2024 |
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Additions |
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– |
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Disposals |
(
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– |
– |
(
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------------ |
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At 31 December 2024 |
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Depreciation |
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At 1 January 2024 |
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Charge for the year |
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Disposals |
(
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– |
– |
(
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At 31 December 2024 |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
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At 31 December 2024 |
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– |
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At 31 December 2023 |
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Other investments other than loans |
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£ |
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Cost |
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At 1 January 2024 and 31 December 2024 |
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Impairment |
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At 1 January 2024 and 31 December 2024 |
– |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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2024 |
2023 |
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£ |
£ |
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Finished goods and goods for resale |
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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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Corporation tax repayable |
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------------ |
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------------ |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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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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2024 |
2023 |
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£ |
£ |
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Obligations under finance leases and hire purchase contracts |
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------- |
--------- |
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2024 |
2023 |
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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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Deferred tax (note 22) |
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£ |
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At 1 January 2024 |
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Additions |
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--------- |
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At 31 December 2024 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Included in provisions (note 21) |
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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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Unused tax losses |
– |
(
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--------- |
--------- |
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330,563 |
281,694 |
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--------- |
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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100,000 |
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100,000 |
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--------- |
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2024 |
2023 |
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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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