REGISTERED NUMBER: 05970091 (England and Wales)

QAI SERVICES LIMITED

STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

to

4

Report of the Independent Auditors

5

to

7

Income Statement

8

Other Comprehensive Income

9

Statement of Financial Position

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

to

19

DIRECTORS:

N R Ellson

J J Campion

S Kidd

K P Savage

REGISTERED OFFICE:

Socotec House Bretby Business Park

Ashby Road

Bretby

Burton Upon Trent

DE15 0YZ

REGISTERED NUMBER:

05970091 (England and Wales)

SENIOR STATUTORY AUDITOR:

Tara Bellamy FCA

AUDITORS:

Duncan & Toplis Audit Limited, Statutory Auditor

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

The directors present their strategic report for the year ended 31 December 2024.

REVIEW OF BUSINESS

The company had a satisfactory year with turnover increasing on an annual basis by 2.6% to £12,135,805. The Directors remain confident of the outlook for the medium to long term. The overall financial performance for QAI will reduce in 2025 & beyond as no new project work is being undertaken due to the convergence into Socotec Building Control. Our outlook for the group performance remains confident.

FUTURE DEVELOPMENTS

Growing the turnover by way of market share increase while maintaining the Company's high quality service levels remains the main objectives. The Directors see some specific regions as higher growth opportunities and look to capitalise on this with greater activity, business development and operations in those regions. Continuous cost control and operational efficiency improvements also remain a high priority for the business in order to ensure opportunities for growth in operating profits. The Company and its employees had to manage significant regulatory and market changes in 2024 and this will remain a priority for the year. A further priority will be the convergence and integration of the activities of the Company and its subsidiaries QAI Services Limited and Shore Engineering Limited. From the beginning of 2025 all staff will have moved across to Socotec Building Control Ltd via TUPE & new enquires/instructions will be undertaken through this business. QBC will continue to trade closing out historical projects & work in progress using former QBC to complete this work under the direction of the board.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's activity is linked to the activity in the UK construction industry, and while there is only finite growth available from the industry, we have been growing the company through an approach to continuous improvement in the company's and in the wider Group's operational activities.

Whilst the recruitment market has settled and we predict this will be slightly less turbulent going forward into 2025 we cannot ignore the impact that the registration of Building Inspectors has brought in terms of the limited number of specialist inspectors and also the general lack of inspectors above class 2A. Fees across the sector have not caught up with salary inflation & the additional regulatory processes that we are required to fulfil.

The outcome of the Grenfell enquiry and the recommendations to government to consider if private Sector should be permitted to continue to support the statutory process & overall should there be a national Building Control Body are uncertainties & risks to the overall business and organisation as we work through the year. A panel to consider these questions is due to report to government in October 2025.

DEVELOPMENT AND PERFORMANCE

The Directors have a positive outlook for trading in the future and remain confident that the actions being taken will have a positive impact on the business development and performance.

KEY PERFORMANCE INDICATORS

The Company continues to experience higher than average enquiries and appointments. This is expected to remain healthy into the medium to long term.

ON BEHALF OF THE BOARD:

J J Campion - Director

20 August 2025

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Registered Building Control Approval.

DIVIDENDS

No dividends will be distributed for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

N R Ellson

J J Campion

S Kidd

Other changes in directors holding office are as follows:

P Knight - resigned 10 April 2024

A Travers - resigned 31 May 2024

G Elliman - resigned 10 April 2024

O Edwards - resigned 16 April 2024

K P Savage - appointed 1 January 2024

P Shattock - appointed 10 April 2024 - resigned 16 October 2024

R A Whitehead ceased to be a director after 31 December 2024 but prior to the date of this report.

POLITICAL DONATIONS AND EXPENDITURE

The donation costs totalled £1,117 (2023: £1,001), they were not political donations.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

J J Campion - Director

20 August 2025

Opinion

We have audited the financial statements of QAI Services Limited (the 'company') for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

We have identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial experience, knowledge of the sector, a review of regulatory and legal correspondence and through discussions with Directors and other management obtained as part of the work required by auditing standards. We have also discussed with the Directors and other management the policies and procedures relating to compliance with laws and regulations. We communicated laws and regulations throughout the team and remained alert to any indications of non-compliance throughout the audit.

The potential impact of different laws and regulations varies considerably. Firstly, the company is subject to laws and regulations that directly impact the financial statements (for example financial reporting legislation) and we have assessed the extent of compliance with such laws as part of our financial statements audit. We evaluated management incentives and opportunities for fraudulent manipulation of the financial statements, (including risk of override of controls) and determined that the principal risks were related to management bias in accounting estimates and judgemental areas of the financial statements such as depreciation of tangible fixed assets, calculations for deferred income of projects, as well as the risk of inappropriate journal entries to increase reported profitability. Audit procedures performed by the engagement team included the identification and testing of material and unusual journal entries and challenging management on key accounting estimates, assumptions and judgements made in preparation of the financial statements. We carried out detailed substantive tests on accounting estimates, including reviewing the methods used by management to make those estimates, re-performing the calculation, and reviewing the outcome of prior year estimates.

Secondly, the company is subject to other laws and regulations where the consequence for non-compliance could have a material effect on the amounts or disclosures in the financial statements. We identified the following areas as those most likely to have such an effect: Health and Safety regulations and Employment laws.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Directors and other management and inspection. We enquired with management and inspected health and safety reports from visits in the year. The company complies with the Building Safety Regulator through being a Registered Building Control Approver, which allows QAI Services to give customers additional assurance over the standards they follow. Through these procedures, if we became aware of any non-compliance, we considered the impact on the procedures performed on the related financial statement items.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. The further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. As with any audit, there is a greater risk of non-detection of irregularities as these may involve collusion, intentional omissions of the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Tara Bellamy FCA (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

27 August 2025

TURNOVER

3

12,135,805

11,833,945

Cost of sales

93,669

80,969

GROSS PROFIT

12,042,136

11,752,976

Administrative expenses

10,550,809

10,204,793

1,491,327

1,548,183

Other operating income

9,426

4,221

OPERATING PROFIT

5

1,500,753

1,552,404

Interest receivable and similar income

6

175,768

100,910

PROFIT BEFORE TAXATION

1,676,521

1,653,314

Tax on profit

7

(384,784

)

374,708

PROFIT FOR THE FINANCIAL YEAR

2,061,305

1,278,606

PROFIT FOR THE YEAR

2,061,305

1,278,606

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

2,061,305

1,278,606

FIXED ASSETS

Intangible assets

8

10,213

15,879

Tangible assets

9

51,511

75,433

61,724

91,312

CURRENT ASSETS

Debtors

10

7,342,092

5,118,303

Cash at bank

175,943

605,881

7,518,035

5,724,184

CREDITORS

Amounts falling due within one year

11

3,913,082

4,206,236

NET CURRENT ASSETS

3,604,953

1,517,948

TOTAL ASSETS LESS CURRENT LIABILITIES

3,666,677

1,609,260

PROVISIONS FOR LIABILITIES

14

6,956

10,844

NET ASSETS

3,659,721

1,598,416

CAPITAL AND RESERVES

Called up share capital

15

1,200

1,200

Share premium

16

44,685

44,685

Capital redemption reserve

16

300

300

Retained earnings

16

3,613,536

1,552,231

SHAREHOLDERS' FUNDS

3,659,721

1,598,416

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2025 and were signed on its behalf by:

J J Campion - Director

Called up

Capital

share

Retained

Share

redemption

Total

capital

earnings

premium

reserve

equity

£

£

£

£

£

Balance at 1 January 2023

1,200

273,625

44,685

300

319,810

Changes in equity

Total comprehensive income

-

1,278,606

-

-

1,278,606

Balance at 31 December 2023

1,200

1,552,231

44,685

300

1,598,416

Changes in equity

Total comprehensive income

-

2,061,305

-

-

2,061,305

Balance at 31 December 2024

1,200

3,613,536

44,685

300

3,659,721

1.	STATUTORY INFORMATION

QAI Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d).

This information is included in the consolidated financial statements of Soco 1 SAS as at 31 December 2024 and these financial statements may be obtained from 5 Place des Freres Montgolfier, 78182 Guyancourt, France.

Significant judgements and estimates

In the application of the group's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis and are covered within the accounting policies:

(i) The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic

utilisation and the physical condition of the assets. See note 9 for the carrying amount of the property plant and equipment, and accounting policy note for the usual economic lives of each class of assets.

(ii) The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, ageing profile of debtors and historical experience. See note 12 for the net carrying amount of the debtors and associated impairment provision.

(iii) The company makes an estimate for accrued project costs at the year end date, these estimates are determined based on a number of factors such as the stage completion of the projects, the expected margin on the projects and the historical performance of similar projects.

Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects

Turnover

Turnover represents amounts chargeable to clients for professional services provided during the period excluding Value Added Tax.

Application fees are recognised at date of invoice. Site fee income is deferred at the date of invoicing and released to the statement of income and retained earnings over the duration of the . projects. The balance of site fee income not released to the statement of income and retained earnings is carried in the statement of financial position as deferred income.

Interest income is recognised using the effective method.

All receipts received outside of the above are treated as sundry receipts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Software development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

The company has chosen to adopt the FRS102 in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2024

2023

£

£

Building Control Services

5,483,358

5,378,559

Site Inspection Fees

6,510,376

6,338,701

Other Additional Work

142,071

116,685

12,135,805

11,833,945

An analysis of turnover by geographical market is given below:

2024

2023

£

£

United Kingdom

12,135,805

11,833,945

12,135,805

11,833,945

4.	EMPLOYEES AND DIRECTORS

2024

2023

£

£

Wages and salaries

6,888,058

6,770,534

Social security costs

791,021

774,607

Other pension costs

149,370

141,455

7,828,449

7,686,596

The average number of employees during the year was as follows:

2024

2023

Direct

105

103

Indirect

27

26

132

129

2024

2023

£

£

Directors' remuneration

331,544

413,706

Directors' pension contributions to money purchase schemes

19,622

3,944

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

5

5

Information regarding the highest paid director is as follows:

2024

2023

£

£

Emoluments etc

92,732

89,210

Pension contributions to money purchase schemes

11,570

1,321

5.	OPERATING PROFIT

The operating profit is stated after charging:

2024

2023

£

£

Depreciation - owned assets

33,126

54,537

Software development costs amortisation

5,666

6,611

Auditors' remuneration

17,805

16,795

Operating lease payments

218,275

-

6.

INTEREST RECEIVABLE AND SIMILAR INCOME

2024

2023

£

£

Deposit account interest

167,589

100,910

Other interest received

8,179

-

175,768

100,910

7.

TAXATION

Analysis of the tax (credit)/charge

The tax (credit)/charge on the profit for the year was as follows:

2024

2023

£

£

Current tax:

UK corporation tax

-

380,896

Adjustment re previous years

(380,896

)

-

Total current tax

(380,896

)

380,896

Deferred tax

(3,888

)

(6,188

)

Tax on profit

(384,784

)

374,708

Reconciliation of total tax (credit)/charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2024

2023

£

£

Profit before tax

1,676,521

1,653,314

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2023 - 25%)

419,130

413,329

Effects of:

Expenses not deductible for tax purposes

21,737

7,045

Income not taxable for tax purposes

(3,100

)

(18,441

)

Depreciation in excess of capital allowances

4,353

5,352

Adjustments to tax charge in respect of previous periods

(380,896

)

-

Group relief

(442,120

)

(9,631

)

Deferred tax charge movement

(3,888

)

(6,188

)

Change in tax rate from 19% to 25%

-

(16,758

)

Total tax (credit)/charge

(384,784

)

374,708

8.	INTANGIBLE FIXED ASSETS

Software

development

costs

£

COST

At 1 January 2024

and 31 December 2024

56,665

AMORTISATION

At 1 January 2024

40,786

Amortisation for year

5,666

At 31 December 2024

46,452

NET BOOK VALUE

At 31 December 2024

10,213

At 31 December 2023

15,879

9.	TANGIBLE FIXED ASSETS

Improvements

to

Office

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

12,024

63,826

55,480

275,871

407,201

Additions

-

-

-

9,204

9,204

Disposals

-

(16,731

)

-

(204,129

)

(220,860

)

At 31 December 2024

12,024

47,095

55,480

80,946

195,545

DEPRECIATION

At 1 January 2024

5,878

52,364

30,052

243,474

331,768

Charge for year

615

2,864

6,357

23,290

33,126

Eliminated on disposal

-

(16,731

)

-

(204,129

)

(220,860

)

At 31 December 2024

6,493

38,497

36,409

62,635

144,034

NET BOOK VALUE

At 31 December 2024

5,531

8,598

19,071

18,311

51,511

At 31 December 2023

6,146

11,462

25,428

32,397

75,433

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,322,469

1,246,645

Amounts owed by group undertakings

5,672,986

3,700,720

Other debtors

47,643

31,191

Tax

103,252

-

Prepayments and accrued income

195,742

139,747

7,342,092

5,118,303

Amounts owed by group undertakings are unsecured, repayable on demand, and do not have interest charged thereon.

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 12)

-

242

Trade creditors

84,044

169,373

Amounts owed to group undertakings

1,181,300

1,027,662

Taxation

-

285,723

Other taxes and social security

507,298

498,356

Other creditors

25,593

30,915

Directors' current accounts

3,066

3,066

Accruals and deferred income

2,111,781

2,190,899

3,913,082

4,206,236

Amounts owed to group undertakings are unsecured, repayable on demand, and do not have interest charged thereon.