|
Financial KPIs
|
Unit
|
2024
|
2023
|
|
Turnover
|
£
|
4,054,294
|
4,120,723
|
|
Profit before tax
|
£
|
736,528
|
577,198
|
|
Staff numbers
|
71
|
82
|
|
Director
|
|
8th July 2025
|
|
|
|
Director
|
|
|
|
for and on behalf of
|
|
|
|
76 Canterbury Innovation Centre
University Road
Canterbury
Kent
CT2 7FG
|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 4 |
|
|
|
| Cost of sales |
( |
( |
||
| GROSS PROFIT |
|
|
||
| Administrative expenses |
( |
( |
||
| OPERATING PROFIT | 5 |
|
|
|
| Profit on disposal of fixed assets |
|
|
||
| Other interest receivable and similar income | 10 |
|
|
|
| Interest payable and similar charges | 11 |
|
( |
|
| PROFIT BEFORE TAXATION |
|
|
||
| Tax on Profit | 12 |
( |
( |
|
| PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
|
||
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| PROFIT FOR THE FINANCIAL YEAR |
|
|
||
| OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
|
|
||
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 13 |
|
|
||
| Tangible Assets | 14 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Stocks | 16 |
|
|
||
| Debtors | 17 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 18 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 19 |
( |
( |
||
| NET ASSETS |
|
|
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 21 |
|
|
||
| Share premium account |
|
|
|||
| Profit and Loss Account |
|
|
|||
| SHAREHOLDERS' FUNDS | 5,642,050 | 5,323,579 | |||
|
Director
|
|
|
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 15 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 18 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
| NET LIABILITIES |
( |
( |
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 21 |
|
|
||
| Profit and Loss Account |
( |
( |
|||
| SHAREHOLDERS' FUNDS | (5,719) | (2,952) | |||
|
Director
|
|
|
| Share Capital | Share Premium | Profit and Loss Account | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 31 October 2022 |
|
|
|
5,022,966 |
| Profit for the year and total comprehensive income | - | - |
|
417,489 |
| Dividends paid | - | - | (116,876) | (116,876) |
| As at 30 October 2023 and 31 October 2023 |
|
|
|
5,323,579 |
| Profit for the year and total comprehensive income | - | - |
|
531,562 |
| Dividends paid | - | - | (213,091) | (213,091) |
| As at 30 October 2024 |
|
|
|
5,642,050 |
| Share Capital | Profit and Loss Account | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 31 October 2022 |
|
( |
(1,089) |
| Profit for the year and total comprehensive income | - |
|
115,013 |
| Dividends paid | - | (116,876) | (116,876) |
| As at 30 October 2023 and 31 October 2023 |
|
( |
(2,952) |
| Profit for the year and total comprehensive income | - |
|
210,324 |
| Dividends paid | - | (213,091) | (213,091) |
| As at 30 October 2024 |
|
( |
(5,719) |
| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
|
|
|
| Tax paid |
( |
( |
||
| Net cash generated from operating activities |
|
|
||
| Cash flows from investing activities | ||||
| Purchase of intangible assets |
( |
|
||
| Purchase of tangible assets |
( |
( |
||
| Proceeds from disposal of tangible assets |
|
|
||
| Interest received |
|
|
||
| Net cash (used in)/generated from investing activities |
( |
|
||
| Cash flows from financing activities | ||||
| Equity dividends paid |
( |
( |
||
| Repayment of bank borrowings |
|
( |
||
| Interest paid | - | (28,836) | ||
| Net cash used in financing activities |
( |
( |
||
| Increase in cash and cash equivalents |
|
|
||
| Cash and cash equivalents at beginning of year | 2 |
|
|
|
| Cash and cash equivalents at end of year | 2 |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Profit for the financial year |
|
|
|
| Adjustments for: | |||
| Tax on profit |
|
|
|
| Interest expense | - |
|
|
| Interest income |
( |
( |
|
| Amortisation of intangible assets |
|
|
|
| Depreciation of tangible assets |
|
|
|
| (Profit)/loss on disposal of tangible assets | (234) | 139,100 | |
| Movements in working capital: | |||
| Decrease/(increase) in stocks |
|
( |
|
| Decrease in trade and other debtors |
|
|
|
| Decrease in trade and other creditors |
( |
( |
|
| Net cash generated from operations |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
|
|
|
| As at 31 October 2023 | Cash flows | As at 30 October 2024 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
|
281,250 |
|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash used in operations | 1 |
( |
( |
|
| Net cash used in operating activities |
( |
( |
||
| Cash flows from investing activities | ||||
| Dividends received |
|
|
||
| Cash flows from financing activities | ||||
| Equity dividends paid |
( |
( |
||
| (Decrease)/increase in cash and cash equivalents |
( |
|
||
| Cash and cash equivalents at beginning of year | 2 |
|
|
|
| Cash and cash equivalents at end of year | 2 |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Profit for the financial year |
|
|
|
| Adjustments for: | |||
| Income from shares in group undertakings | (213,366) | (117,376) | |
| Movements in working capital: | |||
| Increase in trade and other creditors |
|
|
|
| Net cash used in operations |
( |
( |
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
|
|
|
| As at 31 October 2023 | Cash flows | As at 30 October 2024 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
|
(267) |
|
| Freehold |
|
| Leasehold |
|
| Plant & Machinery |
|
| Motor Vehicles |
|
| Fixtures & Fittings |
|
| Computer Equipment |
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Rendering of services | 2,863,666 | 1,149,779 | |
| Sale of goods | 1,190,628 | 2,970,944 | |
| 4,054,294 | 4,120,723 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Operating lease rentals | - |
|
|
| Depreciation of tangible fixed assets |
|
|
|
| Amortisation of intangible fixed assets |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
|
|
|
| Social security costs |
|
|
|
| Other pension costs |
|
|
|
|
|
|
||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| Office and administration |
|
|
|
|
|||
|
|
|
|
|
||||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
| Company contributions to money purchase pension schemes |
|
|
|
|
|
|
||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank interest receivable |
|
|
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | - |
|
|
| Other finance charges | - |
|
|
| - | 28,836 | ||
|
The tax charge on the profit for the year was as follows:
|
|||||
| Tax Rate | 2024 | 2023 | |||
|---|---|---|---|---|---|
| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
|
|
|
| Deferred Tax | |||||
| Deferred taxation |
|
( |
|||
| Origination and reversal of timing differences |
( |
( |
|||
| 4,788 | (61,683) | ||||
| Total tax charge for the period |
|
|
|||
|
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
|
|||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | 736,528 | 577,199 | |||
| Tax on profit at 25% (UK standard rate) |
|
|
|||
| Goodwill/depreciation not allowed for tax |
|
|
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Tax losses utilised |
|
|
|||
| Capital allowances |
( |
( |
|||
| Short term timing differences |
|
( |
|||
| Difference in tax rates |
|
( |
|||
| Revenue exempt from taxation |
( |
|
|||
| Group relief |
( |
|
|||
| Total tax charge for the period | 204,966 | 159,710 | |||
| Goodwill | Other | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 31 October 2023 |
|
|
|
| Additions |
|
|
|
| As at 30 October 2024 |
|
|
|
| Amortisation | |||
| As at 31 October 2023 |
|
|
|
| Provided during the period |
|
|
|
| As at 30 October 2024 |
|
|
|
| Net Book Value | |||
| As at 30 October 2024 |
|
|
|
| As at 31 October 2023 |
|
|
|
| Land & Property | ||||
|---|---|---|---|---|
| Freehold | Leasehold | Plant & Machinery | Motor Vehicles | |
| £ | £ | £ | £ | |
| Cost | ||||
| As at 31 October 2023 |
|
|
|
|
| Additions |
|
|
|
|
| Disposals |
|
|
( |
|
| As at 30 October 2024 |
|
|
|
|
| Depreciation | ||||
| As at 31 October 2023 |
|
|
|
|
| Provided during the period |
|
|
|
|
| Disposals |
|
|
( |
|
| As at 30 October 2024 |
|
|
|
|
| Net Book Value | ||||
| As at 30 October 2024 |
|
|
|
|
| As at 31 October 2023 |
|
|
|
|
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 31 October 2023 |
|
|
|
| Additions |
|
|
|
| Disposals |
|
|
( |
| As at 30 October 2024 |
|
|
|
| Depreciation | |||
| As at 31 October 2023 |
|
|
|
| Provided during the period |
|
|
|
| Disposals |
|
|
( |
| As at 30 October 2024 |
|
|
|
| Net Book Value | |||
| As at 30 October 2024 |
|
|
|
| As at 31 October 2023 |
|
|
|
| Subsidiaries | |
|---|---|
| £ | |
| Cost | |
| As at 31 October 2023 |
|
| As at 30 October 2024 |
|
| Provision | |
| As at 31 October 2023 |
|
| As at 30 October 2024 |
|
| Net Book Value | |
| As at 30 October 2024 |
|
| As at 31 October 2023 |
|
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
|
|
Cooling Castle Barn Main Road, Cooling, Rochester, Kent, ME3 8DT |
|
|
- |
|
|
The Old Archdeaconry, The Precinct, Rochester, Kent, United Kingdom, ME1 1SX |
|
|
- |
| Capital and Reserves | Profit/(loss) | |
|---|---|---|
| £ | £ | |
| Cooling Castle Barn Limited |
|
|
| The Vines of Rochester Limited |
( |
|
| Name of undertaking | Registered Number |
|---|---|
|
|
09213064 |
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
|
|
|
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
|
|
|
|
|||
| Other debtors | 26,328 | 43,332 | - | - | |||
|
|
|
|
|
||||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Trade creditors |
|
|
|
|
|||
| Payments on account |
|
|
|
|
|||
| Other creditors | 179,184 | 188,639 | 4,500 | 2,500 | |||
| Corporation tax |
|
|
|
|
|||
| Taxation and social security | 145,836 | 179,722 | - | - | |||
| Accruals and deferred income | 24,720 | 23,719 | 2,500 | 2,000 | |||
|
|
|
|
|
||||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other timing differences | 112,253 | 107,465 | |
| Group | ||
|---|---|---|
| Deferred Tax | Total | |
| £ | £ | |
| As at 31 October 2023 |
|
107,465 |
| Additions |
|
4,788 |
| Balance at 30 October 2024 |
|
112,253 |
| As at 31 October 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 October 2024 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Ms Rebecca Collins |
|
|
|
- |
|
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid |
|
|
|