| Dryband One Limited |
| Strategic Report |
|
| Review of the business |
|
| The group generated a profit of £1,022,818 for the year ended 30th April 2025. All companies and care homes operated by the group were profitable and were operating with net assets. |
|
| The group balance sheet remains in a strong position with net assets of £8,540,366 and net current assets of £3,304,254 and enables the company to build upon the success of the current financial period. |
|
| The director considers the following key indicators when assessing performance: |
|
2025 |
|
2024 |
|
| Average Occupancy |
90.9% |
|
87.3% |
| Number of employees per resident |
1.2 |
|
1.2 |
| Turnover |
£ 7,657,634 |
|
£ 6,953,163 |
| Gross Profit Margin |
94.7% |
|
85.6% |
|
| The director, in accordance with s. 172, seek to promote the long term success of the company, and consider the interests of all stakeholders, by regular management meetings and communication, coupled with the experience and varied skills of managers, administrators and carers and support staff. |
|
| Key risks |
|
| The key risks associated with the company's activities relate to changes in the regulatory requirements concerning care of the elderly. The directors review these risks on a regular basis and they do not envisage the business to be significantly affected by these matters for the foreseeable future. |
|
| Future developments |
|
| The director is confident that the group, which is well managed and properly financed, will continue to operate well for the foreseeable future. |
|
| This report was approved by the board on 7 November 2025 and signed on its behalf. |
|
|
|
| Mrs LAK Khurana |
| Director |
|
|
| Conclusions relating to going concern |
| In auditing the financial statements, we have concluded that the director's 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 in relation to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for the 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 other information comprises the information included in the report and financial statements, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
| ● |
the strategic report and the directors’ report 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 directors’ report. |
| We have nothing to report in respect of the following matters in relation to which 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; or |
|
| Responsibilities of director |
| As explained more fully in the director's responsibilities statement, 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 is 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 director is 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. |
|
| Auditor’s 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 an auditor’s report 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. |
|
| Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. |
|
| As part of our planning process: |
|
| ● |
We enquired of management the systems and controls the company has in place, the areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. |
|
| ● |
We obtained an understanding of the legal and regulatory frameworks applicable to the company and we determined that the following were most relevant: FRS 102, Companies Act 2006, Health and Safety at Work Act, Employment Law, The Care Act and Care Quality Commission Regulations. |
|
| ● |
We considered the incentives and opportunities that exist in the company, including the extent of management bias, which present a potential for irregularities and fraud to be perpetrated, and tailored our risk assessment accordingly. |
|
| ● |
Using our knowledge of the company, together with the discussions held with the company at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities, including fraud, and tailored our procedures according to this risk assessment. |
|
| The key procedures we undertook to detect irregularities including fraud during the course of the audit included: |
|
| ● |
Identifying and testing journal entries and the overall accounting records. In particular, we tested items that were significant and unusual. |
|
| ● |
Reviewing and checking the group consolidation schedules |
|
| ● |
Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied. |
|
| ● |
Reviewing and challenging the assumptions and judgements used by management in their significant accounting estimates. In particular, we considered going concern and impairment of land and buildings. |
|
| ● |
Assessing the extent of compliance, or lack of, with the relevant laws and regulations. |
|
| ● |
Testing key revenue lines |
|
| ● |
Performing physical verification of key assets |
|
| ● |
Obtaining third party confirmation of material balances. |
|
| ● |
Documenting and verifying all significant related party balances and transactions. |
|
| 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 primary responsibility for the prevention and detection of irregularities and fraud rests with the directors. |
|
| 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 auditor’s report. |
|
|
|
| Mark Jackson BA FCA |
| (Senior Statutory Auditor) |
First Floor |
| for and on behalf of |
Albion House |
| Jacksons |
Albion Street |
| Accountants and Statutory Auditors |
Hull |
| 7 January 2026 |
HU1 3TE |
|
| Dryband One Limited |
| Consolidated Statement of Cash Flows |
| for the year ended 30 April 2025 |
| Notes |
|
2025 |
|
2024 |
| £ |
£ |
| Operating activities |
| Profit for the financial year |
1,022,818 |
|
1,004,333 |
|
| Adjustments for: |
| Loss on sale of fixed assets |
- |
|
63 |
| Interest receivable |
(81,349) |
|
(50,462) |
| Interest payable |
20 |
|
- |
| Tax on profit on ordinary activities |
340,939 |
|
368,392 |
| Depreciation |
18,364 |
|
17,591 |
| Decrease/(increase) in debtors |
(80,364) |
|
(99,387) |
| (Decrease)/increase in creditors |
(27,064) |
|
186,423 |
|
|
|
1,193,364 |
|
1,426,953 |
|
| Interest received |
81,349 |
|
50,462 |
| Interest paid |
|
|
(20) |
|
- |
| Corporation tax paid |
(338,105) |
|
(138,429) |
|
| Cash (used in)/generated by operating activities |
936,588 |
|
1,338,986 |
|
|
|
|
|
|
| Investing activities |
| Payments to acquire tangible fixed assets |
(22,147) |
|
(34,592) |
|
| Cash generated by investing activities |
(22,147) |
|
(34,592) |
|
|
|
|
|
|
| Financing activities |
| Equity dividends paid |
(50,000) |
|
(44,000) |
|
| Cash used in financing activities |
(50,000) |
|
(44,000) |
|
|
|
|
|
|
| Net cash (used)/generated |
| Cash (used in)/generated by operating activities |
936,588 |
|
1,338,986 |
| Cash generated by investing activities |
(22,147) |
|
(34,592) |
| Cash used in financing activities |
(50,000) |
|
(44,000) |
|
| Net cash (used)/generated |
864,441 |
|
1,260,394 |
|
| Cash and cash equivalents at 1 May |
3,042,316 |
|
1,781,922 |
| Cash and cash equivalents at 30 April |
3,906,757 |
|
3,042,316 |
|
|
|
|
|
|
| Cash and cash equivalents comprise: |
| Cash at bank |
3,906,757 |
|
3,042,316 |
|
|
|
Depreciation is not provided on freehold buildings because the residual value of the buildings at the end of their useful life is expected to be higher than its cost or revaluation. No impairment losses are expected but all categories of fixed assets are annually reviewed for impairment. |
|
|
Investments |
|
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Analysis of turnover |
2025 |
|
2024 |
| £ |
£ |
|
|
Services rendered |
7,657,634 |
|
6,953,163 |
|
|
|
|
|
|
|
|
|
|
By geographical market: |
|
|
UK |
7,657,634 |
|
6,953,163 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Operating profit |
2025 |
|
2024 |
| £ |
£ |
|
This is stated after charging: |
|
|
Depreciation of owned fixed assets |
18,364 |
|
17,591 |
|
Auditors' remuneration for audit services - Group |
18,240 |
|
18,960 |
|
Auditors' remuneration for audit services - Company |
9,120 |
|
9,120 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Director's emoluments |
2025 |
|
2024 |
| £ |
£ |
|
|
Emoluments |
12,570 |
|
12,570 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Staff costs |
2025 |
|
2024 |
| £ |
£ |
|
|
Wages and salaries |
4,699,646 |
|
4,095,627 |
|
Social security costs |
238,102 |
|
179,730 |
|
Other pension costs |
122,276 |
|
61,506 |
|
|
|
|
|
|
5,060,024 |
|
4,336,863 |
|
|
|
|
|
|
|
|
|
|
|
Average number of employees during the year |
Number |
Number |
|
|
Carers, Finance and Administration |
246 |
|
243 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Interest payable |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
20 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 7 |
Taxation |
2025 |
|
2024 |
| £ |
£ |
|
Analysis of charge in period |
|
Current tax: |
|
UK corporation tax on profits of the period |
339,270 |
|
338,105 |
|
|
|
|
|
|
|
|
|
|
Deferred tax: |
|
Origination and reversal of timing differences |
1,669 |
|
30,287 |
|
|
|
|
|
|
|
|
|
|
|
Tax on profit on ordinary activities |
340,939 |
|
368,392 |
|
|
|
|
|
|
|
|
|
|
|
Factors affecting tax charge for period |
|
The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows: |
|
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
Profit on ordinary activities before tax |
1,363,757 |
|
1,372,725 |
|
|
|
|
|
|
|
|
|
|
Standard rate of corporation tax in the UK |
25% |
|
25% |
|
| £ |
£ |
|
Profit on ordinary activities multiplied by the standard rate of corporation tax |
|
340,939 |
|
343,181 |
|
|
Effects of: |
|
Expenses not deductible for tax purposes |
1,693 |
|
302 |
|
Capital allowances for period in excess of depreciation |
(3,362) |
|
(5,378) |
|
|
Current tax charge for period |
339,270 |
|
338,105 |
|
|
|
|
|
|
|
|
|
|
|
Factors that may affect future tax charges |
|
Group companies hold capital losses of £2,128,411 which may be set against future capital gains. |
|
|
| 8 |
Intangible fixed assets |
|
Group |
| £ |
|
Goodwill: |
|
|
Cost |
|
At 1 May 2024 |
2,255,408 |
|
At 30 April 2025 |
2,255,408 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2024 |
2,255,406 |
|
At 30 April 2025 |
2,255,406 |
|
|
|
|
|
|
|
|
|
|
Carrying amount |
|
At 30 April 2025 |
2 |
|
At 30 April 2024 |
2 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. An annual impairment review is carried out and, where there is deemed to be an impairment, full provision is made. |
|
|
Intangible fixed assets |
|
Company |
| £ |
|
Goodwill: |
|
|
Cost |
|
At 1 May 2024 |
148,002 |
|
Additions |
- |
|
Disposals |
- |
|
At 30 April 2025 |
148,002 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2024 |
148,000 |
|
Provided during the year |
- |
|
On disposals |
- |
|
At 30 April 2025 |
148,000 |
|
|
|
|
|
|
|
|
|
|
Carrying amount |
|
At 30 April 2025 |
2 |
|
At 30 April 2024 |
2 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. An annual impairment review is carried out and, where there is deemed to be an impairment, full provision is made. |
|
|
| 9 |
Tangible fixed assets |
|
Group |
|
|
|
|
Freehold Land and buildings |
|
Plant and machinery |
|
Total |
|
|
|
|
At cost |
|
At cost |
| £ |
£ |
£ |
|
Cost or valuation |
|
At 1 May 2024 |
5,842,786 |
|
842,478 |
|
6,685,264 |
|
Additions |
- |
|
22,147 |
|
22,147 |
|
At 30 April 2025 |
5,842,786 |
|
864,625 |
|
6,707,411 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2024 |
561,068 |
|
760,748 |
|
1,321,816 |
|
Charge for the year |
- |
|
18,364 |
|
18,364 |
|
At 30 April 2025 |
561,068 |
|
779,112 |
|
1,340,180 |
|
|
|
|
|
|
|
|
|
|
Carrying amount |
|
At 30 April 2025 |
5,281,718 |
|
85,513 |
|
5,367,231 |
|
At 30 April 2024 |
5,281,718 |
|
81,730 |
|
5,363,448 |
|
|
|
|
|
|
|
|
|
|
|
Company |
|
|
|
|
Land and buildings |
|
Plant and machinery |
|
Total |
|
|
|
|
At cost |
|
At cost |
| £ |
£ |
£ |
|
Cost or valuation |
|
At 1 May 2024 |
3,879,902 |
|
336,659 |
|
4,216,561 |
|
Additions |
- |
|
26,580 |
|
26,580 |
|
Disposals |
- |
|
(6,631) |
|
(6,631) |
|
At 30 April 2025 |
3,879,902 |
|
356,608 |
|
4,236,510 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2024 |
- |
|
313,228 |
|
313,228 |
|
Charge for the year |
- |
|
7,502 |
|
7,502 |
|
On disposals |
- |
|
(6,596) |
|
(6,596) |
|
At 30 April 2025 |
- |
|
314,134 |
|
314,134 |
|
|
|
|
|
|
|
|
|
|
Carrying amount |
|
At 30 April 2025 |
3,879,902 |
|
42,474 |
|
3,922,376 |
|
At 30 April 2024 |
3,879,902 |
|
23,431 |
|
3,903,333 |
|
|
|
|
|
|
|
|
|
|
|
| 10 |
Investments |
2025 |
|
2024 |
| £ |
£ |
|
|
Investments - Company |
2025 |
|
2024 |
| £ |
£ |
|
|
Shares in subsidiary undertakings |
1,288,511 |
|
1,288,511 |
|
|
|
|
|
|
1,288,511 |
|
1,288,511 |
|
|
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Isle Care (Axholme) Limited |
Ordinary |
100 |
|
1,917,458 |
|
109,412 |
|
11 Church Street, Haxey, Doncaster DN9 2HY |
|
|
PB Residential Care Limited |
Ordinary |
100 |
|
439,772 |
|
146,036 |
|
Newgrove House, Station Road, Grimsby DN36 4RZ |
|
|
All subsidiaries have registered offices located in the United Kingdom |
|
|
| 11 |
Stocks |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
Finished goods and goods for resale |
5,187 |
|
5,187 |
|
7,137 |
|
7,137 |
|
|
|
|
|
|
|
|
|
|
| 12 |
Debtors |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
Trade debtors |
322,273 |
|
237,948 |
|
367,186 |
|
281,422 |
|
Other debtors |
35,923 |
|
57,110 |
|
124,447 |
|
147,532 |
|
Prepayments and accrued income |
38,647 |
|
20,963 |
|
38,647 |
|
20,962 |
|
|
396,843 |
|
316,021 |
|
530,280 |
|
449,916 |
|
|
|
|
|
|
|
|
|
|
| 13 |
Creditors: amounts falling due within one year |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
Trade creditors |
54,737 |
|
89,193 |
|
73,683 |
|
139,621 |
|
Amounts owed to group undertakings |
656,191 |
|
626,425 |
|
- |
|
- |
|
Corporation tax |
253,543 |
|
269,703 |
|
339,270 |
|
338,105 |
|
Other taxes and social security costs |
58,924 |
|
43,369 |
|
87,610 |
|
64,758 |
|
Other creditors |
95,169 |
|
125,207 |
|
311,325 |
|
306,788 |
|
Accruals and deferred income |
328,032 |
|
316,549 |
|
328,032 |
|
316,547 |
|
|
1,446,596 |
|
1,470,446 |
|
1,139,920 |
|
1,165,819 |
|
|
|
|
|
|
|
|
|
|
| 14 |
Creditors: amounts falling due after one year |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
Other creditors |
- |
|
- |
|
9,090 |
|
9,090 |
|
|
- |
|
- |
|
9,090 |
|
9,090 |
|
|
|
|
|
|
|
|
|
|
| 15 |
Deferred taxation |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
Accelerated capital allowances |
105,155 |
|
102,908 |
|
122,031 |
|
120,362 |
|
|
|
|
|
|
|
|
|
|
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
At 1 May |
102,908 |
|
76,860 |
|
120,362 |
|
90,075 |
|
Credited to the profit and loss account |
2,247 |
|
26,048 |
|
1,669 |
|
30,287 |
|
|
At 30 April |
105,155 |
|
102,908 |
|
122,031 |
|
120,362 |
|
|
|
|
|
|
|
|
|
|
|
| 16 |
Share capital |
Nominal |
|
2025 |
|
2025 |
|
2024 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
110,040 |
|
110,040 |
|
110,040 |
|
|
|
|
|
|
|
|
|
|
| 17 |
Profit and loss account |
The Company |
|
The Group |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| £ |
£ |
£ |
£ |
|
|
At 1 May |
6,269,131 |
|
5,508,594 |
|
7,457,508 |
|
6,497,175 |
|
Profit for the financial year |
767,370 |
|
804,537 |
|
1,022,818 |
|
1,004,333 |
|
Dividends |
(50,000) |
|
(44,000) |
|
(50,000) |
|
(44,000) |
|
|
At 30 April |
6,986,501 |
|
6,269,131 |
|
8,430,326 |
|
7,457,508 |
|
|
|
|
|
|
|
|
|
|
| 18 |
Dividends |
2025 |
|
2024 |
| £ |
£ |
|
|
Dividends on ordinary shares (note 17) |
50,000 |
|
44,000 |
|
|
|
|
|
|
|
|
|
|
|
| 19 |
Changes in net debt |
|
|
|
|
At 1 May 2024 |
Cash flows |
|
At 30 April 2025 |
| £ |
£ |
|
Cash and cash equivalents |
|
|
Cash at bank and in hand |
3,042,316 |
|
864,441 |
|
3,906,757 |
|
|
|
|
|
3,042,316 |
|
864,441 |
|
3,906,757 |
|
|
|
|
|
|
|
|
|
| 20 |
Controlling party |
|
|
The company is controlled by L A K Khurana. |
|
|
| 21 |
Presentation currency |
|
|
The financial statements are presented in Sterling, the company's functional currency. |
|
|
| 22 |
Legal form of entity and country of incorporation |
|
|
Dryband One Limited is a private company limited by shares and incorporated in England. |
|
|
| 23 |
Principal place of business |
|
|
The address of the company's principal place of business and registered office is: |
|
|
68 Butt Lane |
|
Laceby |
|
North East Lincolnshire |
|
DN37 7AH |
|
|
| 24 |
Profit of the parent company |
|
|
As permitted by section 408 of the Companies Act 2006, the profit and loss account of the parent company is not presented as part of the financial statements. The parent company's profit for the financial year was £767,370 (2024: £804,537). |