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Carbon Emissions (Ashe Group)
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2021 Tonnes CO2e
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2022 Tonnes CO2e
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2023 Tonnes CO2e
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2024 Tonnes CO2e
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Scope 1 Total emissions
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632.53
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552.74
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588.44
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633.10
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Scope 2 Total emissions
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51.12
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35.88
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28.32
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56.21
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Scope 3 Total emissions (limited to Scope 5, 6 and 7)
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591.05
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572.74
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593.55
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569.55
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Total emissions
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1274.70
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1161.37
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1210.31
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1258.87
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Revenue (£M)
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£70.5
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£84.0
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£87.0
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£104.3
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Carbon Intensity GHG tCO2e per £m revenue (Ashe Group)
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18.08
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13.83
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13.91
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12.07
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Director
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31st July 2025
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Director
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for and on behalf of
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64 Wilbury Way
Hitchin
Hertfordshire
SG4 0TP
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| 2024 | 2023 as restated |
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| Notes | £ | £ | ||
| TURNOVER | 4 |
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| Cost of sales |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
( |
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| Other operating income |
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| OPERATING PROFIT | 6 |
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| Profit on disposal of fixed assets |
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| Other interest receivable and similar income | 11 |
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| PROFIT BEFORE TAXATION |
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| Tax on Profit | 12 |
( |
( |
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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 as restated |
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 14 |
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| CURRENT ASSETS | |||||
| Debtors | 15 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 16 |
( |
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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 | 17 |
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| PROVISIONS FOR LIABILITIES | |||||
| Provisions For Charges | 19 |
( |
( |
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| 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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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 5,261,935 | 5,909,011 | |||
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Director
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| Share Capital | Profit and Loss Account | Total | |
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| £ | £ | £ | |
| As at 1 January 2023 |
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5,828,204 |
| Profit for the year and total comprehensive income | - |
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2,180,807 |
| Dividends paid | - | (2,100,000) | (2,100,000) |
| As at 31 December 2023 and 1 January 2024 as restated |
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5,909,011 |
| Profit for the year and total comprehensive income | - |
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4,852,924 |
| Dividends paid | - | (5,500,000) | (5,500,000) |
| As at 31 December 2024 |
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5,261,935 |
| 2024 | 2023 as restated |
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|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash generated from operations | 1 |
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| Tax (paid)/refunded |
( |
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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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| Grants received |
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| Interest received |
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| Net cash generated from investing activities |
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| Cash flows from financing activities | ||||
| Equity dividends paid |
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| 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 as restated |
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| £ | £ | ||
| Profit for the financial year |
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| Adjustments for: | |||
| Tax on profit |
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| Interest income |
( |
( |
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| Depreciation of tangible assets |
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| Profit on disposal of tangible assets | (74,398) | (51,201) | |
| Grant income | (39,899) | (42,568) | |
| Movements in working capital: | |||
| Decrease 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 as restated |
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| £ | £ | ||
| Cash at bank and in hand |
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| As at 1 January 2024 | Cash flows | As at 31 December 2024 | |
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| £ | £ | £ | |
| Cash at bank and in hand |
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4,598,781 |
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Improvements to property
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25% on cost
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Plant & Machinery
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20% on cost
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Fixtures & Fittings
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25% on cost
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IT
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33% on cost
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Motor Vehicles
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25% on cost
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Vans
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33% on cost
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| 2024 | 2023 as restated |
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| £ | £ | ||
| Construction contracts | 89,566,517 | 63,197,047 | |
| 2024 | 2023 as restated |
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| £ | £ | ||
| Grant income |
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| Other operating income |
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| 49,398 | 52,889 | ||
| 2024 | 2023 as restated |
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| £ | £ | ||
| Bad debts | - | 204,966 | |
| Depreciation of tangible fixed assets |
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| 2024 | 2023 as restated |
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| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
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| 2024 | 2023 as restated |
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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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| Production |
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| Non-production |
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| 2024 | 2023 as restated |
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| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 as restated |
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| £ | £ | ||
| Emoluments |
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| Company contributions to money purchase pension schemes |
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| 2024 | 2023 as restated |
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|---|---|---|---|
| £ | £ | ||
| Bank interest |
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| Interest on tax overpaid | 169 | - | |
| 563,876 | 344,235 | ||
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The tax charge on the profit for the year was as follows:
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| Tax Rate | 2024 | 2023 as restated |
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| 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 | 6,492,953 | 2,441,268 | |||
| Tax on profit at 25% (UK standard rate) |
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| Goodwill/depreciation not allowed for tax |
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| Expenses not deductible for tax purposes |
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| Capital allowances |
( |
( |
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| Short term timing differences |
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| Research and Development tax credit |
( |
( |
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| Prior period adjustment |
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( |
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| Difference in tax rates |
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( |
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| Changes in pension fund prepayment |
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| Total tax charge for the period | 1,640,029 | 260,461 | |||
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Research and development credit reflects over provisions of corporation tax liability in prior years due to a R&D claim.
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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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| Vans | Total | |
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| £ | £ | |
| Cost | ||
| As at 1 January 2024 |
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| Additions |
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| Disposals |
( |
( |
| 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 |
( |
( |
| 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 as restated |
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Amounts owed by group undertakings | 4,137,796 | 6,097,092 | |
| Other debtors | 509,023 | 432,363 | |
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| Due after more than one year | |||
| Trade debtors |
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2024
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2023
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Total Trade debtors consists of:-
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£
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£
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Trade debtors
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2,275,148
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2,867,035
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Retention debtors
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4,150,115
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3,768,281
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Amounts recoverable on contracts
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1,158,079
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483,446
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7,583,342
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7,118,762
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| 2024 | 2023 as restated |
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| £ | £ | ||
| Trade creditors |
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| Amounts owed to group undertakings |
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| Other creditors | 12,695,488 | 14,116,403 |
| Corporation tax |
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| Taxation and social security | 3,836,694 | 3,340,435 | |
| Accruals and deferred income | 1,047,539 | 1,023,890 | |
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| 2024 | 2023 as restated |
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|---|---|---|---|
| £ | £ | ||
| Other creditors | 2,216,095 | 1,512,846 | |
| 2024 | 2023 as restated |
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| £ | £ | ||
| Other timing differences | 15,920 | (7,273) | |
| Deferred Tax | Other Provisions | Total | |
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| £ | £ | £ | |
| As at 1 January 2024 |
( |
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1,663,545 |
| Additions |
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2,384,083 |
| Balance at 31 December 2024 |
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4,047,628 |
| 2024 | 2023 as restated |
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| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid |
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