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Financial Statements
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Contents
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Page
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Officers and professional advisers
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1
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Strategic report
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2
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Directors' report
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3
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Independent auditor's report to the members
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5
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Statement of comprehensive income
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8
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Statement of financial position
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9
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Statement of changes in equity
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10
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Notes to the financial statements
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12
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Officers and Professional Advisers
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The board of directors
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Registered office
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United Kingdom
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Auditor
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Chartered Accountants & statutory auditor
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2 Broomgrove Road
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Sheffield
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S10 2LR
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Strategic Report
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Director
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Registered office:
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United Kingdom
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Directors' Report
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Director
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Registered office:
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United Kingdom
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor)
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For and on behalf of
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Chartered Accountants & statutory auditor
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2 Broomgrove Road
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Sheffield
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S10 2LR
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Statement of Comprehensive Income
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2020
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2019
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||
Note
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£
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£
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Turnover
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4
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|
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Cost of sales
|
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------------
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-------------
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Gross profit
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|
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Administrative expenses
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|
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Other operating income
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5
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|
|
------------
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------------
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||
Operating profit
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6
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|
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Loss on financial assets at fair value through profit or loss
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(
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(
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Income from other fixed asset investments
|
10
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–
|
(
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Other interest receivable and similar income
|
11
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|
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Interest payable and similar expenses
|
12
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–
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|
------------
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------------
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||
Profit before taxation
|
|
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Tax on profit
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13
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---------
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---------
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||
Profit for the financial year
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|
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---------
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---------
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||
Revaluation of investment property
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–
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---------
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---------
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Total comprehensive income for the year
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---------
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---------
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Statement of Financial Position
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2020
|
2019
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Note
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£
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£
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Tangible assets
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16
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Investments
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17
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------------
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------------
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||
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Stocks
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18
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|
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Debtors
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19
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Investments
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20
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Cash at bank and in hand
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|
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------------
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-------------
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||
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||
Creditors: amounts falling due within one year
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21
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------------
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-------------
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Net current assets
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-------------
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-------------
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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22
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Provisions
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23
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-------------
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-------------
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||
Net assets
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-------------
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-------------
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Called up share capital
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27
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Revaluation reserve
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28
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Capital redemption reserve
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28
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Other reserves, including the fair value reserve
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28
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Profit and loss account
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28
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-------------
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-------------
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Shareholders funds
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-------------
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-------------
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Director
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Statement of Changes in Equity
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Called up share capital
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Revaluation reserve
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Capital redemption reserve
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Other reserves, including the fair value reserve
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Profit and loss account
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Total
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|||
£
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£
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£
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£
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£
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£
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|||
At 1 July 2018
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Profit for the year
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||||||
Other comprehensive income for the year:
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||||||||
Reclassification from revaluation reserve to profit and loss account
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–
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(
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–
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–
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|
–
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||
Reclassification from fair value reserve to profit and loss account
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–
|
–
|
–
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(24,842)
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24,842
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–
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||
Revaluation of investment property
|
–
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–
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–
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|
–
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|
||
--------
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---------
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--------
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---------
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------------
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------------
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|||
Total comprehensive income for the year
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–
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(
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–
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(
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|
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||
Dividends paid and payable
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14
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–
|
–
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–
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–
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(
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(
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--------
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---------
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--------
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---------
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------------
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------------
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|||
Total investments by and distributions to owners
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–
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–
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–
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–
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(
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(
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||
At 30 June 2019
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|
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Profit for the year
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|
|
||||||
Other comprehensive income for the year:
|
||||||||
Reclassification from revaluation reserve to profit and loss account
|
–
|
(
|
–
|
–
|
|
–
|
||
Reclassification from fair value reserve to profit and loss account
|
–
|
–
|
–
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(5,627)
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5,627
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–
|
||
--------
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---------
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--------
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---------
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------------
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-------------
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|||
Total comprehensive income for the year
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–
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(
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–
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(
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|
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||
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Statement of Changes in Equity (continued)
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Called up share capital
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Revaluation reserve
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Capital redemption reserve
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Other reserves, including the fair value reserve
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Profit and loss account
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Total
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||
£
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£
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£
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£
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£
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£
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||
Dividends paid and payable
|
14
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–
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–
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–
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–
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(
|
(
|
----
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----
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----
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----
|
--------
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--------
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||
Total investments by and distributions to owners
|
–
|
–
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–
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–
|
(
|
(
|
|
--------
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---------
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--------
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---------
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------------
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-------------
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At 30 June 2020
|
|
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--------
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---------
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--------
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---------
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------------
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-------------
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Notes to the Financial Statements
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Goodwill
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-
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Freehold property
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-
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Plant and machinery
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-
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Motor vehicles
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-
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Equipment
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-
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2020
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2019
|
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£
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£
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Sale of goods
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|
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------------
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-------------
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2020
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2019
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£
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£
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|
United Kingdom
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Overseas
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|
------------
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-------------
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------------
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-------------
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2020
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2019
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£
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£
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|
Rental income
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|
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Management charges receivable
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|
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Other operating income
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|
–
|
---------
|
--------
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|
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|
---------
|
--------
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|
2020
|
2019
|
|
£
|
£
|
|
Depreciation of tangible assets
|
|
|
Administrative expenses
|
84,394
|
–
|
|
Loss on disposal of tangible assets
|
|
|
|
Impairment of trade debtors
|
41,434
|
(3,904)
|
|
Foreign exchange differences
|
(
|
(
|
|
---------
|
---------
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||
2020
|
2019
|
|
£
|
£
|
|
Fees payable for the audit of the financial statements
|
|
|
--------
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--------
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|
2020
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2019
|
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No.
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No.
|
|
Production staff
|
|
|
Administrative staff
|
|
|
Management staff
|
2
|
2
|
----
|
----
|
|
|
|
|
----
|
----
|
|
2020
|
2019
|
|
£
|
£
|
|
Wages and salaries
|
|
|
Social security costs
|
|
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Other pension costs
|
|
|
------------
|
------------
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------------
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------------
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2020
|
2019
|
|
£
|
£
|
|
Remuneration
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|
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Company contributions to defined contribution pension plans
|
|
|
---------
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---------
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|
|
|
|
---------
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---------
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2020
|
2019
|
|
No.
|
No.
|
|
Defined contribution plans
|
|
|
----
|
----
|
|
2020
|
2019
|
|
£
|
£
|
|
Gain/(loss) on fair value adjustment to other fixed asset investments
|
–
|
(16,386)
|
----
|
--------
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|
2020
|
2019
|
|
£
|
£
|
|
Interest on loans and receivables
|
24,110
|
30,432
|
Interest on bank deposits
|
|
|
--------
|
--------
|
|
|
|
|
--------
|
--------
|
|
2020
|
2019
|
|
£
|
£
|
|
Loss on fair value adjustment of financial assets at fair value through profit or loss
|
–
|
|
Other interest payable and similar charges
|
–
|
|
----
|
-------
|
|
–
|
|
|
----
|
-------
|
|
2020
|
2019
|
|
£
|
£
|
|
UK current tax expense
|
|
|
Origination and reversal of timing differences
|
|
|
--------
|
---------
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|
Tax on profit
|
|
|
--------
|
---------
|
|
2020
|
2019
|
|
£
|
£
|
|
Profit on ordinary activities before taxation
|
|
|
---------
|
---------
|
|
Profit on ordinary activities by rate of tax
|
|
|
Effect of capital allowances and depreciation
|
|
(
|
Effect of different UK tax rates on some earnings
|
–
|
18,873
|
Other tax adjustment to increase/(decrease) tax liability
|
(
|
(
|
---------
|
---------
|
|
Tax on profit
|
|
|
---------
|
---------
|
|
2020
|
2019
|
|
£
|
£
|
|
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )
|
|
|
--------
|
---------
|
|
Goodwill
|
|
£
|
|
Cost
|
|
At 1 July 2019 and 30 June 2020
|
|
---------
|
|
Amortisation
|
|
At 1 July 2019 and 30 June 2020
|
|
---------
|
|
Carrying amount
|
|
At 30 June 2020
|
–
|
---------
|
|
At 30 June 2019
|
–
|
---------
|
|
Freehold property
|
Plant and machinery
|
Motor vehicles
|
Equipment
|
Total
|
|
£
|
£
|
£
|
£
|
£
|
|
Cost
|
|||||
At 1 July 2019
|
|
|
|
|
|
Additions
|
|
|
|
–
|
|
Disposals
|
–
|
–
|
(
|
–
|
(
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
At 30 June 2020
|
|
|
|
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
Depreciation
|
|||||
At 1 July 2019
|
|
|
|
|
|
Charge for the year
|
|
|
|
|
|
Disposals
|
–
|
–
|
(
|
–
|
(
|
Impairment losses
|
–
|
|
–
|
–
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
At 30 June 2020
|
|
|
|
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
Carrying amount
|
|||||
At 30 June 2020
|
|
|
|
–
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
At 30 June 2019
|
|
|
|
|
|
------------
|
------------
|
---------
|
--------
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------------
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£
|
|
------------
|
|
At 1 July 2019 and 30 June 2020
|
|
------------
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|
2020 | ||
£ | ||
Original cost | 349,193 | |
Valuation in 2002 | 56,632 | |
Valuation in 2010 | 402,176 | |
Valuation in 2015 | (20,000) | |
--------- | ||
Total | 788,001 | |
--------- | ||
Freehold property
|
Plant and machinery
|
Motor vehicles
|
Equipment
|
Total
|
|
£
|
£
|
£
|
£
|
£
|
|
At 30 June 2020
|
|||||
Aggregate cost
|
1,065,761
|
3,376,477
|
407,763
|
82,683
|
4,932,684
|
Aggregate depreciation
|
(262,088)
|
(196,648)
|
(225,643)
|
(82,683)
|
(767,062)
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
Carrying value
|
|
|
|
–
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
At 30 June 2019
|
|||||
Aggregate cost
|
1,065,761
|
3,112,134
|
434,951
|
82,683
|
4,695,529
|
Aggregate depreciation
|
(256,634)
|
(2,895,065)
|
(220,570)
|
(79,498)
|
(3,451,767)
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
Carrying value
|
|
|
|
|
|
------------
|
------------
|
---------
|
--------
|
------------
|
|
Shares in group undertakings
|
|
£
|
|
Cost
|
|
At 1 July 2019 and 30 June 2020
|
|
------------
|
|
Impairment
|
|
At 1 July 2019 and 30 June 2020
|
–
|
------------
|
|
Carrying amount
|
|
At 30 June 2020
|
|
------------
|
|
At 30 June 2019
|
|
------------
|
|
2020
|
2019
|
||
£
|
£
|
||
National Numbers Ltd
|
5,439,064
|
5,439,064
|
|
Degron Ltd (Dormant)
|
225,466
|
225,466
|
|
Kenric Plastics Ltd (Dormant)
|
200
|
200
|
|
2020
|
2019
|
||
£
|
£
|
||
National Numbers Ltd
|
972,597
|
435,256
|
|
2020
|
2019
|
|
£
|
£
|
|
Raw materials and consumables
|
|
|
Finished goods and goods for resale
|
|
|
---------
|
---------
|
|
|
|
|
---------
|
---------
|
|
2020
|
2019
|
|
£
|
£
|
|
Trade debtors
|
|
|
Prepayments and accrued income
|
|
|
Other debtors
|
|
|
------------
|
------------
|
|
|
|
|
------------
|
------------
|
|
2020
|
2019
|
|
£
|
£
|
|
Investments in bonds
|
443,249
|
506,017
|
---------
|
---------
|
|
2020
|
2019
|
|
£
|
£
|
|
Trade creditors
|
|
|
Accruals and deferred income
|
|
|
Corporation tax
|
|
|
Social security and other taxes
|
|
|
Other creditors
|
|
|
------------
|
------------
|
|
|
|
|
------------
|
------------
|
|
2020
|
2019
|
|
£
|
£
|
|
Amounts owed to group undertakings
|
|
|
------------
|
------------
|
|
Deferred tax (note 24)
|
|
£
|
|
At 1 July 2019
|
|
Additions
|
|
---------
|
|
At 30 June 2020
|
|
---------
|
|
2020
|
2019
|
|
£
|
£
|
|
Included in provisions (note 23)
|
|
|
---------
|
--------
|
|
2020
|
2019
|
|
£
|
£
|
|
Revaluation of tangible assets
|
|
|
Fair value adjustment of investment property
|
|
|
---------
|
--------
|
|
107,151
|
95,873
|
|
---------
|
--------
|
|
2020
|
2019
|
|
£
|
£
|
|
Financial assets measured at fair value through profit or loss
|
13,602,961
|
14,256,336
|
-------------
|
-------------
|
|
Financial liabilities measured at fair value through profit or loss
|
5,572,397
|
6,533,803
|
------------
|
------------
|
|
2020
|
2019
|
|||
No.
|
£
|
No.
|
£
|
|
|
|
10,000
|
|
10,000
|
|
|
10
|
|
10
|
|
|
40
|
|
40
|
|
|
10
|
|
10
|
--------
|
--------
|
--------
|
--------
|
|
|
|
|
|
|
--------
|
--------
|
--------
|
--------
|
|
2020
|
2019
|
|
£
|
£
|
|
At start of year
|
531,123
|
549,822
|
Reclassification from fair value reserve to profit and loss account
|
(5,627)
|
(24,842)
|
Revaluation of investment property
|
–
|
6,143
|
---------
|
---------
|
|
At end of year
|
525,496
|
531,123
|
---------
|
---------
|
|