| Directors |
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| Company Number |
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| Registered Office | SAS House |
| Chipperfield Road | |
| Kings Langley | |
| Hertfordshire | |
| WD4 9JB | |
| Auditors |
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| SAS House | |
| Chipperfield Road | |
| Kings Langley | |
| Hertfordshire | |
| WD4 9JB | |
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Director
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11/08/2025
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Director
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for and on behalf of
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SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
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| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 3 |
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| Cost of sales |
( |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
( |
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| OPERATING PROFIT | 4 |
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| Other interest receivable and similar income | 9 |
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| Interest payable and similar charges | 10 |
( |
( |
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| PROFIT BEFORE TAXATION |
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| Tax on Profit | 11 |
( |
( |
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| PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
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| OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 13 |
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| CURRENT ASSETS | |||||
| 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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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 16 |
( |
( |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 18 |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 20 |
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| Revaluation reserve |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 3,460,020 | 2,921,585 | |||
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Director
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| Share Capital | Revaluation reserve | Profit and Loss Account | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 1 January 2023 |
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2,469,648 |
| Profit for the year and total comprehensive income | - | - |
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571,937 |
| Dividends paid | - | - | (120,000) | (120,000) |
| Transfer from revaluation reserve | - | - | 38,000 | 38,000 |
| Transfer to/from Profit & Loss Account | - |
( |
- | (38,000) |
| As at 31 December 2023 and 1 January 2024 |
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2,921,585 |
| Profit for the year and total comprehensive income | - | - |
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668,435 |
| Dividends paid | - | - | (130,000) | (130,000) |
| Transfer from revaluation reserve | - | - | 38,000 | 38,000 |
| Transfer to/from Profit & Loss Account | - |
( |
- | (38,000) |
| As at 31 December 2024 |
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3,460,020 |
| 2024 | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
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| Interest paid |
( |
( |
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| Tax paid |
( |
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| Net cash generated from operating activities |
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| Cash flows from investing activities | ||||
| Purchase of tangible assets |
( |
( |
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| Proceeds from disposal of tangible assets |
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| Interest received |
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| Net cash used in investing activities |
( |
( |
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| Cash flows from financing activities | ||||
| Equity dividends paid |
( |
( |
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| Repayment of bank borrowings |
( |
( |
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| Repayment of finance leases |
( |
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| Net cash used in financing activities |
( |
( |
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| (Decrease)/increase in cash and cash equivalents |
( |
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| Cash and cash equivalents at beginning of year | 2 |
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| Cash and cash equivalents at end of year | 2 |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Profit for the financial year |
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| Adjustments for: | |||
| Tax on profit |
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| Interest expense |
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| Interest income |
( |
( |
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| Depreciation of tangible assets |
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| Profit on disposal of tangible assets | (44,963) | - | |
| Movements in working capital: | |||
| Increase in trade and other debtors |
( |
( |
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| Increase in trade and other creditors |
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| Net cash generated from operations |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
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| As at 1 January 2024 | Cash flows | New finance leases | As at 31 December 2024 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Cash at bank and in hand |
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(230,750) | - |
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| Finance leases | (708,494) | 458,013 | (528,961) | (779,442) |
| Debts falling due within one year |
( |
174,101 | - |
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| Debts falling due after more than one year | (287,152) | 287,152 | - | - |
| (29,007) | 688,516 | (528,961) | 130,548 | |
| Leasehold |
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| Plant & Machinery |
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| Motor Vehicles |
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| Fixtures & Fittings |
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| Computer Equipment |
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| 2024 | 2023 | ||
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| £ | £ | ||
| United Kingdom |
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| 8,376,721 | 9,274,247 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Depreciation of tangible fixed assets |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
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| 2024 | 2023 | ||
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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 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 | ||
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| Defined benefit pension schemes |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Emoluments |
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| Company contributions to defined benefit pension schemes |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Bank interest receivable |
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| Other interest receivable | 12 | - | |
| 11,402 | 6,031 | ||
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
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| Finance charges payable under finance leases and hire purchase contracts | 74,150 | 70,832 | |
| 154,088 | 164,744 | ||
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The tax charge on the profit for the year was as follows:
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| Tax Rate | 2024 | 2023 | |||
|---|---|---|---|---|---|
| 2024 | 2023 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
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| Prior period adjustment |
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| Deferred Tax | |||||
| Deferred taxation |
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| Total tax charge for the period |
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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:
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| 2024 | 2023 | ||||
| £ | £ | ||||
| Profit before tax | 909,680 | 982,736 | |||
| Tax on profit at 25% (UK standard rate) |
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| Expenses not deductible for tax purposes |
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| Tax losses utilised |
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( |
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| Capital allowances |
( |
( |
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| Short term timing differences |
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| Prior period adjustment |
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| Difference in tax rates |
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( |
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| Total tax charge for the period | 241,245 | 410,799 | |||
| Goodwill | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 January 2024 |
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| As at 31 December 2024 |
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| Amortisation | |||
| As at 1 January 2024 |
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| As at 31 December 2024 |
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| Net Book Value | |||
| As at 31 December 2024 |
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| As at 1 January 2024 |
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| Land & Property | ||||
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| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | |
| £ | £ | £ | £ | |
| Cost | ||||
| As at 1 January 2024 |
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| Additions |
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| Disposals |
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( |
( |
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| As at 31 December 2024 |
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| Depreciation | ||||
| As at 1 January 2024 |
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| Provided during the period |
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| Disposals |
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( |
( |
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| As at 31 December 2024 |
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| Net Book Value | ||||
| As at 31 December 2024 |
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| As at 1 January 2024 |
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| Computer Equipment | Total | |
|---|---|---|
| £ | £ | |
| Cost | ||
| As at 1 January 2024 |
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| Additions |
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| Disposals |
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( |
| As at 31 December 2024 |
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| Depreciation | ||
| As at 1 January 2024 |
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| Provided during the period |
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| Disposals |
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( |
| As at 31 December 2024 |
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| Net Book Value | ||
| As at 31 December 2024 |
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| As at 1 January 2024 |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Plant & Machinery |
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| Motor Vehicles |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| VAT |
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| Amounts owed by group undertakings |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
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| Trade creditors |
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| Bank loans and overdrafts | - |
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| Corporation tax |
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| Other taxes and social security |
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| Other creditors |
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| Accruals and deferred income |
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| Amounts owed to group undertakings |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Net obligations under finance lease and hire purchase contracts |
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| Bank loans | - |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| The future minimum finance lease payments are as follows: | |||
| Not later than one year |
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| Later than one year and not later than five years |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other timing differences | 943,497 | 848,776 | |
| Deferred Tax | Total | |
|---|---|---|
| £ | £ | |
| As at 1 January 2024 |
|
848,776 |
| Deferred taxation |
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| Balance at 31 December 2024 |
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943,497 |
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Not later than one year |
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| Later than one year and not later than five years |
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| Later than five years | - |
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| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Final dividend paid |
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