Company registration number 03076415 (England and Wales)
JOHN PALMER CARPETS LIMITED
FINANCIAL STATEMENTS
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
JOHN PALMER CARPETS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 11
JOHN PALMER CARPETS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
31 December 2024
31 January 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
6
58,107
28,988
Current assets
Stocks
1,510,803
1,670,536
Debtors
7
1,891,814
1,969,838
Cash at bank and in hand
908
120,729
3,403,525
3,761,103
Creditors: amounts falling due within one year
8
(1,726,894)
(1,168,158)
Net current assets
1,676,631
2,592,945
Net assets
1,734,738
2,621,933
Capital and reserves
Called up share capital
10
102,100
102,100
Share premium account
3,000
3,000
Profit and loss reserves
11
1,629,638
2,516,833
Total equity
1,734,738
2,621,933

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 December 2025 and are signed on its behalf by:
D Evans
Director
Company registration number 03076415 (England and Wales)
JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

John Palmer Carpets Limited is a private company limited by shares incorporated in England and Wales. The registered office is Units 1-5, Fareham Industrial Park, Standard Way, Fareham, Hampshire, PO16 8XB.

1.1
Reporting period

These financial statements cover the 11 month period ended 31 December 2024. This follows a change in the reporting date for the Brookvale group in order to bring all companies in line with the calendar year. The comparatives represent the previous 12 month period ended 31 January 2024 and the financial statements (including the related notes) are not directly comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Brookvale Limited, company number 01751661, registered in England & Wales. These consolidated financial statements are available from its registered office at The Lodge, Leek Road, Endon, Stoke-on-Trent, Staffordshire, ST9 9HQ.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company relies on support from the group companies and there is a support letter in place. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (upon delivery of the goods to customer or collection date by customer), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Leasehold
Over 10 years or the duration of the lease
Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials.

Stocks held for distribution at no or nominal consideration are measured at cost, adjusted where applicable for any loss of service potential.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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. A m ounts 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.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the period. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates for the year as at reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 6 -
1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Useful lives of property, plant and equipment

In determining the depreciation rates to apply against property, plant and equipment, the directors have used their knowledge and experience of both the company and the industry to assess the useful lives of each individual asset.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Provision for the impairment of trade receivables

The company establishes a provision for the impairment of trade receivables in accordance with its policy in note 1. The recoverable amount of the receivables is compared to the carrying amount to determine the amount of impairment. These calculations require the use of estimates.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 7 -
3
Auditor's remuneration
Period ended
Year ended
31 December
31 January
2024
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
10,900
9,500
4
Employees

The average monthly number of persons (including directors) employed by the company during the 11 month period was:

Period
Year
ended
ended
31 December
31 January
2024
2024
Number
Number
Total
35
37
5
Directors' remuneration
Period
Year
ended
ended
31 December
31 January
2024
2024
£
£
Remuneration paid to directors
129,718
144,619
JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 8 -
6
Tangible fixed assets
Land and buildings Leasehold
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2024
130,377
255,194
25,777
32,185
443,533
Additions
-
0
-
0
41,868
-
0
41,868
At 31 December 2024
130,377
255,194
67,645
32,185
485,401
Depreciation and impairment
At 1 February 2024
130,272
243,961
24,297
16,015
414,545
Depreciation charged in the 11 month period
24
2,574
6,445
3,706
12,749
At 31 December 2024
130,296
246,535
30,742
19,721
427,294
Carrying amount
At 31 December 2024
81
8,659
36,903
12,464
58,107
At 31 January 2024
105
11,233
1,480
16,170
28,988
7
Debtors
31 December
31 January
2024
2024
Amounts falling due within one year:
£
£
Trade debtors
920,695
1,097,921
Corporation tax recoverable
27,558
27,610
Amounts owed by group undertakings
557,637
561,201
Other debtors
385,924
283,106
1,891,814
1,969,838

Trade debtors disclosed above are measured at amortised cost.

An impairment loss of £61,670 (31 January 2024: £56,743) has been recognised against trade receivables.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 9 -
8
Creditors: amounts falling due within one year
31 December
31 January
2024
2024
£
£
Bank loans and overdrafts
762,647
-
0
Trade creditors
509,798
516,762
Amounts owed to group undertakings
266,032
356,242
Taxation and social security
21,886
130,462
Other creditors
166,531
164,692
1,726,894
1,168,158

Bank loans and overdrafts includes an invoice discounting facility of £467,570 (31 January 2024: £nil) which is secured against trade debtors of the company. This invoice discounting facility is secured by a debenture dated 17 June 2016 which contains a fixed and floating charge over the assets of the company and a negative pledge.

9
Retirement benefit schemes
Defined contribution schemes
The charge in the accounts represents the total contributions payable to the scheme and amounted to £20,980 (31 January 2024: £8,322).
Defined benefit schemes

The company participates as a contributing member of a group pension scheme, The Brookvale Limited Staff Retirements Benefits Scheme.

Contributions to the scheme are determined by a qualified actuary on the basis of triennial valuations using the projected unit method. The scheme is a defined benefits, final salary scheme. It is not possible to identify the share of underlying assets and liabilities belonging to individual participating employers.

A full actuarial valuation was carried out at 1 February 2023 and updated to 31 December 2024 by a qualified independent actuary. At 31 December 2024, the scheme had a surplus of £5,988,000 (31 January 2024: £5,054,000 surplus) as calculated by the actuary for the purpose of FRS102 section 28. The full defined benefit scheme disclosures are shown in the consolidated accounts of Brookvale Limited.

The charge in the accounts represents the total contributions payable to the scheme and amounted to £9,550 (31 January 20 2 4: £52,211).

10
Called up share capital
31 December
31 January
31 December
31 January
2024
2024
2024
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
102,100
102,100
102,100
102,100

The company has one class of ordinary shares which carry no right to fixed income.

JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 10 -
11
Profit and loss reserves

The retained earnings account represents cumulative profits and losses net of dividends and other adjustments.

12
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

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 loss for the 11 month period 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.

Emphasis of matter

In forming our opinion on the financial statements, which is not qualified, we have considered the adequacy of the disclosures made in note 1.3 to the financial statements, concerning the company’s ability to continue as a going concern.

The company is reliant on the support by the group companies. In consequence of this group support the company remains a going concern and therefore the accounts have been prepared on this basis.

Senior Statutory Auditor:
Colin Hamilton
Statutory Auditor:
Ward Williams Limited
Date of audit report:
1 December 2025
13
Financial commitments, guarantees and contingent liabilities

Brookvale Limited, Volante Limited, John Palmer Carpets Limited, and Planners Services and Sundries Limited have an inter-company guarantee with unlimited security. The facility is secured by a debenture dated 13 August 2012 with a fixed and floating charge over all assets of the company.

14
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

31 December
31 January
2024
2024
£
£
1,439,367
1,789,260
JOHN PALMER CARPETS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE 11 MONTH PERIOD ENDED 31 DECEMBER 2024
- 11 -
15
Parent company

The ultimate parent company is Brookvale Limited, a company registered in England and Wales.

The following are t he parents of the largest and smallest groups in which this company's results are consolidated:

Largest group
Brookvale Limited
Smallest group
Brookvale Limited
16
Related party transactions
Transactions with related parties

The company has taken advantage of the exemption in FRS102 section 33 from the requirements to disclose transactions with group companies on the grounds that consolidated financial statements are prepared by the ultimate parent company. The consolidated financial statements of Brookvale Limited are available from The Lodge, Leek Road, Endon, Stoke on Trent, Staffordshire, ST9 9HQ.

During the year the company purchased goods of £933,565 (31 January 2024: £1,154,712) from F. Ball and Co. Limited, a company under the control of a director of Brookvale Limited. The balance owed to F. Ball and Co. Limited at the period end was £nil (31 January 2024: £36,016).

2024-12-31 2024-02-01 false false false 01 December 2025 CCH Software CCH Accounts Production 2025.300 The principal activity of the company continued to be that of carpet and flooring distributors.
C P Wilson N C C Treasure D Evans K M Ball 03076415 2024-02-01 2024-12-31 03076415 2024-12-31 03076415 2024-01-31 03076415 core:PlantMachinery 2024-12-31 03076415 core:FurnitureFittings 2024-12-31 03076415 core:MotorVehicles 2024-12-31 03076415 core:LandBuildings 2024-01-31 03076415 core:PlantMachinery 2024-01-31 03076415 core:FurnitureFittings 2024-01-31 03076415 core:MotorVehicles 2024-01-31 03076415 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 03076415 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 03076415 core:ShareCapital 2024-12-31 03076415 core:ShareCapital 2024-01-31 03076415 core:SharePremium 2024-12-31 03076415 core:SharePremium 2024-01-31 03076415 core:RetainedEarningsAccumulatedLosses 2024-12-31 03076415 core:RetainedEarningsAccumulatedLosses 2024-01-31 03076415 core:ShareCapitalOrdinaryShareClass1 2024-12-31 03076415 core:ShareCapitalOrdinaryShareClass1 2024-01-31 03076415 bus:Director3 2024-02-01 2024-12-31 03076415 core:LandBuildings core:LongLeaseholdAssets 2024-02-01 2024-12-31 03076415 core:PlantMachinery 2024-02-01 2024-12-31 03076415 core:FurnitureFittings 2024-02-01 2024-12-31 03076415 core:MotorVehicles 2024-02-01 2024-12-31 03076415 2023-02-01 2024-01-31 03076415 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-01-31 03076415 core:PlantMachinery 2024-01-31 03076415 core:FurnitureFittings 2024-01-31 03076415 core:MotorVehicles 2024-01-31 03076415 2024-01-31 03076415 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-12-31 03076415 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-02-01 2024-12-31 03076415 core:CurrentFinancialInstruments 2024-12-31 03076415 core:CurrentFinancialInstruments 2024-01-31 03076415 bus:OrdinaryShareClass1 2024-02-01 2024-12-31 03076415 bus:OrdinaryShareClass1 2024-12-31 03076415 bus:OrdinaryShareClass2 2024-01-31 03076415 bus:PrivateLimitedCompanyLtd 2024-02-01 2024-12-31 03076415 bus:FRS102 2024-02-01 2024-12-31 03076415 bus:Audited 2024-02-01 2024-12-31 03076415 bus:Director1 2024-02-01 2024-12-31 03076415 bus:Director2 2024-02-01 2024-12-31 03076415 bus:CompanySecretary1 2024-02-01 2024-12-31 03076415 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2024-12-31 03076415 bus:FullAccounts 2024-02-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP