The financial statements for the period ended 31 October 2024 have been revised.
These financial statements:
- Replace the original financial statements;
- Are now the statutory financial statements;
- Have been prepared as at the date of the original financial statements, and not as at the date of the revision and accordingly do not deal with events between those dates.
A prior year adjustment has been included within the financial statements to reflect a reclassification of items previously treated as stock, to tangible fixed assets. Depreciation has been provided for on these items.
The accounting entries led to an adjustment in the tax payable, and this has been reflected within retained earnings.