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Financial Statements |
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Contents |
Page |
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Members' report |
1 |
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Chartered accountant's report to the members on the preparation of the unaudited statutory financial statements |
2 |
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Statement of comprehensive income |
3 |
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Statement of financial position |
4 |
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Reconciliation of members' interests |
6 |
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Notes to the financial statements |
8 |
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Members detailed schedules |
13 |
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Members' Report |
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Designated Member |
Designated Member |
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Registered office: |
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Chartered Accountant's Report to the Members on the Preparation of the Unaudited Statutory Financial Statements of
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Statement of Comprehensive Income |
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2024 |
2023 |
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Note |
£ |
£ |
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Turnover |
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--------- |
--------- |
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Gross profit |
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Distribution costs |
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– |
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Administrative expenses |
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--------- |
--------- |
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Operating profit |
5 |
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Income from shares in group undertakings |
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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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--------- |
--------- |
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Profit for the financial year before members' remuneration and profit shares available for discretionary division among members |
68,873 |
94,788 |
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--------- |
--------- |
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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 |
6 |
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Debtors |
7 |
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Investments |
8 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
9 |
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--------- |
--------- |
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Net current assets |
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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 |
10 |
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--------- |
--------- |
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Net assets |
– |
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Other amounts |
11 |
– |
2,375 |
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---- |
------- |
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Other reserves |
– |
– |
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---- |
------- |
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– |
2,375 |
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---- |
------- |
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Amounts due from members |
(12,137) |
(2,385) |
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Loans and other debts due to members |
11 |
– |
2,375 |
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Members' other interests |
– |
– |
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-------- |
------- |
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(12,137) |
(10) |
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-------- |
------- |
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Statement of Financial Position (continued) |
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Designated Member |
Designated Member |
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Reconciliation of Members' Interests |
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Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2024 |
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£ |
£ |
£ |
£ |
£ |
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Amounts due to members |
2,379 |
2,379 |
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Amounts due from members |
(2,389) |
(2,389) |
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------- |
------- |
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Balance at 1 January 2024 |
– |
– |
(10) |
(10) |
(10) |
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Profit for the financial year available for discretionary division among members |
68,873 |
68,873 |
68,873 |
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-------- |
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------- |
------- |
-------- |
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Members' interests after profit for the year |
68,873 |
68,873 |
(10) |
(10) |
68,863 |
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Other division of profits |
(68,873) |
(68,873) |
68,873 |
68,873 |
– |
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Drawings |
(81,000) |
(81,000) |
(81,000) |
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-------- |
-------- |
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Amounts due to members |
– |
– |
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Amounts due from members |
(12,137) |
(12,137) |
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-------- |
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Balance at 31 December 2024 |
– |
– |
(12,137) |
(12,137) |
(12,137) |
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Reconciliation of Members' Interests (continued) |
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Members' other interests |
Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests |
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Other reserves |
Total |
Other amounts |
Total |
Total 2023 |
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£ |
£ |
£ |
£ |
£ |
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Amounts due to members |
– |
– |
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Amounts due from members |
(28,798) |
(28,798) |
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-------- |
-------- |
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Balance at 1 January 2023 |
– |
– |
(28,798) |
(28,798) |
(28,798) |
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Profit for the financial year available for discretionary division among members |
94,788 |
94,788 |
94,788 |
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-------- |
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-------- |
-------- |
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Members' interests after profit for the year |
94,788 |
94,788 |
(28,798) |
(28,798) |
65,990 |
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Other division of profits |
(94,788) |
(94,788) |
94,788 |
94,788 |
– |
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Drawings |
(66,000) |
(66,000) |
(66,000) |
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-------- |
-------- |
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Amounts due to members |
2,375 |
2,375 |
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Amounts due from members |
(2,385) |
(2,385) |
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-------- |
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-------- |
-------- |
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Balance at 31 December 2023 |
– |
– |
(10) |
(10) |
(10) |
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-------- |
-------- |
-------- |
-------- |
-------- |
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Notes to the Financial Statements |
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1. |
General information |
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2. |
Statement of compliance |
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3. |
Accounting policies |
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Fixtures and fittings |
- |
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4. |
Employee numbers |
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5. |
Operating profit |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible assets |
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---- |
---- |
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6. |
Tangible assets |
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Fixtures and fittings |
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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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Disposals |
(
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------- |
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At 31 December 2024 |
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------- |
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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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------- |
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Carrying amount |
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At 31 December 2024 |
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------- |
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At 31 December 2023 |
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------- |
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7. |
Debtors |
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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--------- |
--------- |
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8. |
Investments |
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2024 |
2023 |
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£ |
£ |
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Investments in group undertakings (Voltaria) |
100 |
100 |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Social security and other taxes |
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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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Other creditors |
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--------- |
--------- |
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11. |
Loans and other debts due to members |
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2024 |
2023 |
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£ |
£ |
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Amounts owed to members in respect of profits |
– |
2,375 |
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---- |
------- |
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Management Information |
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Members Detailed Schedules |
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Members current account |
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£ |
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10,471 |
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1,666 |
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-------- |
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Total |
12,137 |
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-------- |
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Total |
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£ |
£ |
£ |
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Drawings |
54,000 |
27,000 |
81,000 |
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-------- |
-------- |
-------- |
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Total |
54,000 |
27,000 |
81,000 |
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-------- |
-------- |
-------- |
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Total |
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£ |
£ |
£ |
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Balance at 1 January 2024 |
(2,389) |
2,379 |
(10) |
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Discretionary allocation of profits |
45,918 |
22,955 |
68,873 |
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Drawings |
(54,000) |
(27,000) |
(81,000) |
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-------- |
-------- |
-------- |
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Balance at 31 December 2024 |
(10,471) |
(1,666) |
(12,137) |
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-------- |
-------- |
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