REGISTERED NUMBER: 03005111 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 30 June 2025

for

Grantham Caravans Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

5

Report of the Independent Auditors

7

Income Statement

11

Other Comprehensive Income

12

Balance Sheet

13

Statement of Changes in Equity

14

Notes to the Financial Statements

15

DIRECTORS:

R J Evans

Ms R J Greenacre

L M Connolly

P F Connolly

REGISTERED OFFICE:

Spittlegate Level

Grantham

Lincolnshire

NG31 7UH

REGISTERED NUMBER:

03005111 (England and Wales)

AUDITORS:

Samantha Allan

3 Holloway Close

East Bridgford

Nottingham

NG13 8NG

The directors present their Strategic Report for the year ended 30 June 2025.

REVIEW OF BUSINESS

The company has continued the strategy of diversification within related leisure products and services which produced an increase in turnover of £3.7M (+19%) and an increase in EBITDA of £481k (£80k for year ended 2024).

We have seen continued growth in parts and accessories' sales, led mainly by our e-commerce activity. We plan to further expand this important area of our business.

The company's development into the sale of new and used motorhomes has been successful and these products have become an important part of our business activity. The year has seen a continued reduction in new and used caravan sales being more than offset by an increase in new and used motorhomes.

The company has maintained its position in the UK touring caravan market and improved its position in the new and used motorhome market.

Interest costs rose sharply (+ £177K) in the year reflecting high UK interest rates and high levels of stock which affected the whole industry.

The company will continue its policy of diversification within the leisure industry to reduce dependence on one particular sector.

PRINCIPAL RISKS AND UNCERTAINTIES

It remains the case that world events, such as the war between Ukraine and Russia, with their consequential effects on interest rates and world commodity prices affect the appetite of consumers to purchase discretionary "big ticket" items.

These events continue to adversely affect business's costs which cannot be passed onto the consumer because of the competitive nature of the industry.

Substantial cost inflation within the labour market and increases in corporate and payroll-related taxation restrict the business's ability to accumulate surpluses which can be used to finance growth.

Recruitment of personnel with appropriate skills and attitudes continues to hinder our expansion. Hence, we continue to recruit and train new team members to our own standards.

KEY PERFORMANCE INDICATORS

To maintain satisfactory financial liquidity. The company has maintained satisfactory financial liquidity through careful cost control and careful financial planning. This strategy will continue.

To balance gross margin generation with personnel costs. This indicator is constantly monitored. In common with other businesses, we are experiencing a reluctance from customers to accept higher prices which are needed to cover increases to labour costs imposed by the UK government.

To maintain a high level of customer satisfaction. This indicator has come under strain following higher than expected staff turnover and the amount of time required to train new team members.

EMPLOYEE DETAILS

Employee gender diversity:

Company directors: 2 female, 2 male

Senior personnel: 1 female, 4 male

Other employees: 10 female, 21 male

The company is satisfied with its record on gender diversity. Our recruitment process continues to adopt a scrupulous policy of employing the best candidate for the role. It is notable that female candidates infrequently apply for the positions of workshop technicians.

Whilst communication with team members continues through informal channels, a monthly newsletter keeps everyone informed of events and developments.

ENVIRONMENTAL CONSIDERATIONS

The direct impact of the company’s activities on the environment is limited by its size and the nature of its operations. The directors are mindful of the need to protect the environment and are committed to controlling the business’s impact on the wider environment.

Electricity:

Lighting is provided through LED fittings. The company does not have a method of producing electricity but the newly built workshop’s roof will eventually be used for power generation through solar panels. This will substantially reduce our consumption of power from the grid.

Oil:

The use of oil fired space heaters has been greatly reduced following the opening of our new workshop premises whose thermal efficiency standards are much higher than the previous buildings. Oil fired space heaters are used where there is no practical alternative to providing directional heat.

Air source heating:

This technology is used in the company’s principal customer area.

Chemicals:

The company used only small amounts of chemicals, all of which comply with British environmental standards.

Waste disposal:

Specialist waste disposal companies are used to ensure that the relevant standards are adhered to.

STRATEGIC OBJECTIVES

The group's strategic objectives are:

- To create sales and revenue growth through attracting customers in the leisure market to acquire our products and services by providing high levels of customer service and quality products.

- To maintain and improve financial stability through careful control of financial assets, costs and profit performance.

- To provide a stable and rewarding working environment for employees which encourages commitment.

- To adhere to environmental guidelines which protect the business and the wider environment.

The businesses operates entirely within the leisure market. Its products are predominantly touring caravans and campervans.The market for the products is National and International. There are high levels of competition and success depends upon remaining competitive on price, product, marketing and levels of customer satisfaction.

To achieve satisfactory sales level, the group depends upon customer advocacy, digital marketing and representation at Regional and National shows. The businesses continue to invest in each of these key areas.

Measured by turnover, the group is within the top 25% of businesses operating in the touring caravan sector.

Given the relatively high unit price of our products and the fact that they are discretionary, our sector within the leisure market is affected by Government policies. The current policy to reduce inflation by raising interest rates has adversely affected customer demand whereas, customer demand was previously high following the end of COVID-19 lock-downs.

ON BEHALF OF THE BOARD:

R J Evans - Director

18 June 2026

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the sale of new and used touring caravans and accessories.

DIVIDENDS

No interim dividends were paid.during the year. The directors do not recommend the payment of a final dividend for the year.

DIRECTORS

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

R J Evans

Ms R J Greenacre

L M Connolly

P F Connolly

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 or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Samantha Allan, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

R J Evans - Director

18 June 2026

Opinion

We have audited the financial statements of Grantham Caravans Limited (the 'company') for the year ended 30 June 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, 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 30 June 2025 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 five, 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience through discussion with the Officers and other management (as required by auditing standards).

We had regard to laws and regulations in areas that directly affect the financial statements including financial reporting and taxation legislation. We considered that extent of compliance with those laws and regulations as part of our procedures on the related financial statement items.

With the exception of any known or possible non-compliance, and as required by auditing standards, our work in respect of these was limited to enquiry of the Officers.

We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit.

We addressed the risk of fraud through management override of controls, by testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

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

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.

Samantha Allan (Senior Statutory Auditor)

for and on behalf of Samantha Allan

3 Holloway Close

East Bridgford

Nottingham

NG13 8NG

23 June 2026

TURNOVER

3

22,506,017

18,768,323

Cost of sales

(20,899,754

)

(17,615,926

)

GROSS PROFIT

1,606,263

1,152,397

Distribution costs

(449

)

(6,333

)

Administrative expenses

(1,297,430

)

(1,298,028

)

308,384

(151,964

)

Other operating income

4

252,855

174,960

OPERATING PROFIT

6

561,239

22,996

Interest receivable and similar income

8,774

1,287

570,013

24,283

Interest payable and similar expenses

7

(502,614

)

(319,915

)

PROFIT/(LOSS) BEFORE TAXATION

67,399

(295,632

)

Tax on profit/(loss)

8

(19,445

)

44,322

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

47,954

(251,310

)

PROFIT/(LOSS) FOR THE YEAR

47,954

(251,310

)

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

47,954

(251,310

)

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

1,347,121

1,377,787

1,347,121

1,377,787

CURRENT ASSETS

Stocks

11

8,905,444

9,844,515

Debtors

12

1,683,336

1,355,842

Cash at bank and in hand

634,214

641,749

11,222,994

11,842,106

CREDITORS

Amounts falling due within one year

13

(10,038,996

)

(10,566,755

)

NET CURRENT ASSETS

1,183,998

1,275,351

TOTAL ASSETS LESS CURRENT LIABILITIES

2,531,119

2,653,138

CREDITORS

Amounts falling due after more than one year

14

(453,841

)

(620,114

)

PROVISIONS FOR LIABILITIES

18

(75,300

)

(79,000

)

NET ASSETS

2,001,978

1,954,024

CAPITAL AND RESERVES

Called up share capital

19

38,475

38,475

Share premium

20

275

275

Revaluation reserve

20

59,412

59,412

Retained earnings

20

1,903,816

1,855,862

SHAREHOLDERS' FUNDS

2,001,978

1,954,024

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2026 and were signed on its behalf by:

R J Evans - Director

Called up

share

Retained

Share

Revaluation

Total

capital

earnings

premium

reserve

equity

£

£

£

£

£

Balance at 1 July 2023

38,475

2,107,172

275

59,412

2,205,334

Changes in equity

Deficit for the year

-

(251,310

)

-

-

(251,310

)

Total comprehensive income

-

(251,310

)

-

-

(251,310

)

Balance at 30 June 2024

38,475

1,855,862

275

59,412

1,954,024

Changes in equity

Profit for the year

-

47,954

-

-

47,954

Total comprehensive income

-

47,954

-

-

47,954

Balance at 30 June 2025

38,475

1,903,816

275

59,412

2,001,978

1.	STATUTORY INFORMATION

Grantham Caravans 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.

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 exemption 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.

This exemption is available to the company because it is a subsidiary undertaking and consolidated financial statements including the company's activities are publicly available.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Intellectual property are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Freehold land and buildings

-

2% on cost

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Financial assets:

Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when:

(a) the contractual rights to the cash flows from the asset expire or are settled;

(b) substantially all the risks and rewards of the ownership of the asset are transferred to another party; or

(c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities:

Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

The company has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on the going concern basis.The directors are not aware of any material threats to the ability of the company to continue to trade for the foreseeable future.

3.

TURNOVER

The turnover and profit (2024 - loss) before taxation are attributable to the one principal activity of the company.

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

30.6.25

30.6.24

£

£

Caravan and accessory sales

22,109,109

18,326,494

Service sales

362,446

342,378

Motor home hire

34,462

99,451

22,506,017

18,768,323

4.	OTHER OPERATING INCOME

30.6.25

30.6.24

£

£

Sundry receipts

38,511

3,535

Commissions receivable

56,884

52,358

Marketing support receivable

157,460

119,067

252,855

174,960

5.	EMPLOYEES AND DIRECTORS

30.6.25

30.6.24

£

£

Wages and salaries

1,007,351

1,042,985

Social security costs

97,991

86,795

Other pension costs

25,234

26,130

1,130,576

1,155,910

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

30.6.25

30.6.24

Administration and management

3

3

Sales

8

8

Service

17

19

Shop

4

4

Valeting

4

3

Directors

4

4

40

41

30.6.25

30.6.24

£

£

Directors' remuneration

-

-

6.	OPERATING PROFIT

The operating profit is stated after charging:

30.6.25

30.6.24

£

£

Hire of plant and machinery

7,636

12,471

Depreciation - owned assets

53,735

54,340

Loss on disposal of fixed assets

2,964

-

Auditor's remuneration: audit services

9,350

13,500

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

30.6.25

30.6.24

£

£

Bank loan interest

22,804

15,530

Other interest

-

2,952

Stock funding loan interest

470,174

298,122

Hire purchase

9,636

3,311

502,614

319,915

8.

TAXATION

Analysis of the tax charge/(credit)

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

30.6.25

30.6.24

£

£

Current tax:

UK corporation tax

23,145

(63,322

)

Deferred tax

(3,700

)

19,000

Tax on profit/(loss)

19,445

(44,322

)

9.	INTANGIBLE FIXED ASSETS

Intellectual

Goodwill

property

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

9,990

33,554

43,544

AMORTISATION

At 1 July 2024

and 30 June 2025

9,990

33,554

43,544

NET BOOK VALUE

At 30 June 2025

-

-

-

At 30 June 2024

-

-

-

10.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

land and

Short

and

Motor

buildings

leasehold

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 July 2024

472,899

687,014

561,074

51,843

1,772,830

Additions

2,450

-

24,306

-

26,756

Disposals

-

-

-

(5,038

)

(5,038

)

At 30 June 2025

475,349

687,014

585,380

46,805

1,794,548

DEPRECIATION

At 1 July 2024

6,357

89,975

267,192

31,519

395,043

Charge for year

3,227

14,337

29,150

7,021

53,735

Eliminated on disposal

-

-

-

(1,351

)

(1,351

)

At 30 June 2025

9,584

104,312

296,342

37,189

447,427

NET BOOK VALUE

At 30 June 2025

465,765

582,702

289,038

9,616

1,347,121

At 30 June 2024

466,542

597,039

293,882

20,324

1,377,787

Included in cost of land and buildings is freehold land of £ 109,062 (2024 - £ 109,062 ) which is not depreciated.

11.

STOCKS

30.6.25

30.6.24

£

£

Work-in-progress

60,736

55,555

Finished goods

8,844,708

9,788,960

8,905,444

9,844,515

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

89,021

87,974

Amounts owed by group undertakings

876,187

875,225

Other debtors

375,515

235,937

Directors' current accounts

15,752

15,752

Tax

67,352

-

Prepayments and accrued income

259,509

140,954

1,683,336

1,355,842