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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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11
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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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2018
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2017
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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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Cost of sales
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-------------
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Gross profit
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Administrative expenses
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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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Income from shares in group undertakings
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10
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Income from other fixed asset investments
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11
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Other interest receivable and similar income
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12
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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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---------
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Profit for the financial year and total comprehensive income
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---------
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---------
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Statement of Financial Position
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2018
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2017
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Note
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£
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£
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Intangible assets
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15
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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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Stocks
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18
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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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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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Called up share capital
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26
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Revaluation reserve
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27
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Capital redemption reserve
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27
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Profit and loss account
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27
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------------
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Shareholders funds
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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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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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At 1 July 2016
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Profit 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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Total comprehensive income for the year
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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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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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At 30 June 2017
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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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------------
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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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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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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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--------
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------------
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------------
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At 30 June 2018
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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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2018
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2017
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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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2018
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2017
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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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2018
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2017
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£
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£
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Rental income
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Management charges receivable
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–
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--------
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--------
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--------
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--------
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2018
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2017
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£
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£
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Amortisation of intangible assets
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Depreciation of tangible assets
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Administrative expenses
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23,703
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–
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(Gains)/loss on disposal of tangible assets
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(
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Impairment of trade debtors
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6,167
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16,133
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Foreign exchange differences
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(
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---------
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---------
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2018
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2017
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£
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£
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Fees payable for the audit of the financial statements
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--------
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--------
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2018
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2017
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No.
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No.
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Production staff
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Administrative staff
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Management staff
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3
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3
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----
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----
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----
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----
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2018
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2017
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£
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£
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Wages and salaries
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Social security costs
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Other pension costs
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------------
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------------
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------------
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------------
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2018
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2017
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£
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£
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Remuneration
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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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---------
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2018
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2017
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No.
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No.
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Defined contribution plans
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----
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----
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2018
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2017
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£
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£
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Dividends from group undertakings
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100,000
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100,000
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---------
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---------
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2018
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2017
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£
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£
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|
Gain/(loss) on fair value adjustment to other fixed asset investments
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22,286
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66,691
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--------
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--------
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2018
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2017
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£
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£
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Interest on loans and receivables
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28,334
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34,245
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Interest on bank deposits
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--------
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--------
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--------
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--------
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2018
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2017
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|
£
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£
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|
UK current tax expense
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|
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Origination and reversal of timing differences
|
(
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(
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---------
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--------
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Tax on profit
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(
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---------
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--------
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2018
|
2017
|
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£
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£
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Profit on ordinary activities before taxation
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---------
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---------
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Profit on ordinary activities by rate of tax
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Effect of expenses not deductible for tax purposes
|
–
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Effect of capital allowances and depreciation
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(
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Effect of revenue exempt from tax
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(
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(
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Effect of different UK tax rates on some earnings
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(
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(
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Other tax adjustment to increase/(decrease) tax liability
|
(
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(
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---------
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---------
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Tax on profit
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(
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---------
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---------
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2018
|
2017
|
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£
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£
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Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )
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---------
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---------
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Goodwill
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£
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Cost
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At 1 July 2017 and 30 June 2018
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---------
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Amortisation
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At 1 July 2017
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Charge for the year
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|
---------
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At 30 June 2018
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---------
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Carrying amount
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At 30 June 2018
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–
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---------
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At 30 June 2017
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---------
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Freehold property
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Plant and machinery
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Motor vehicles
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Equipment
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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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Cost
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|||||
At 1 July 2017
|
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Additions
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Disposals
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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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At 30 June 2018
|
|
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------------
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------------
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---------
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---------
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------------
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Depreciation
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|||||
At 1 July 2017
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|
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Charge for the year
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Disposals
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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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At 30 June 2018
|
|
|
|
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------------
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------------
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---------
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---------
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------------
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Carrying amount
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|||||
At 30 June 2018
|
|
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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 2017
|
|
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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 1 July 2017 and 30 June 2018
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------------
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2018 | ||
£ | ||
Original cost | 303,132 | |
Valuation in 2002 | 56,632 | |
Valuation in 2010 | 402,176 | |
Valuation in 2015 | (20,000) | |
--------- | ||
Total | 741,940 | |
--------- | ||
Freehold property
|
Plant and machinery
|
Motor vehicles
|
Equipment
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Total
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|
£
|
£
|
£
|
£
|
£
|
|
At 30 June 2018
|
|||||
Aggregate cost
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1,065,761
|
2,786,533
|
407,986
|
214,149
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4,474,429
|
Aggregate depreciation
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(239,174)
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(2,665,635)
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(192,421)
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(205,817)
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(3,303,047)
|
------------
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------------
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---------
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---------
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------------
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Carrying value
|
|
|
|
|
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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 2017
|
|||||
Aggregate cost
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1,063,908
|
2,783,081
|
402,126
|
204,595
|
4,453,710
|
Aggregate depreciation
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(224,017)
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(2,529,749)
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(199,021)
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(195,336)
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(3,148,123)
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------------
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------------
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---------
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---------
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------------
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Carrying value
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|
|
|
|
|
------------
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------------
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---------
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---------
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------------
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Shares in group undertakings
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|
£
|
|
Cost
|
|
At 1 July 2017 and 30 June 2018
|
|
------------
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Impairment
|
|
At 1 July 2017 and 30 June 2018
|
–
|
------------
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|
Carrying amount
|
|
At 30 June 2018
|
|
------------
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At 30 June 2017
|
|
------------
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2018
|
2017
|
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£
|
£
|
||
National Numbers Ltd
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5,439,064
|
5,211,136
|
|
Degron Ltd (Dormant)
|
225,466
|
225,466
|
|
Kenric Plastics Ltd (Dormant)
|
200
|
200
|
|
2018
|
2017
|
||
£
|
£
|
||
National Numbers Ltd
|
329,494
|
328,271
|
|
2018
|
2017
|
|
£
|
£
|
|
Raw materials and consumables
|
|
|
Finished goods and goods for resale
|
|
|
---------
|
---------
|
|
|
|
|
---------
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Trade debtors
|
|
|
Prepayments and accrued income
|
|
|
Other debtors
|
|
|
------------
|
------------
|
|
|
|
|
------------
|
------------
|
|
2018
|
2017
|
|
£
|
£
|
|
Investments in bonds
|
633,136
|
616,130
|
---------
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Trade creditors
|
|
|
Accruals and deferred income
|
|
|
Corporation tax
|
|
|
Social security and other taxes
|
|
|
Dividends payable
|
|
–
|
Other creditors
|
|
|
------------
|
------------
|
|
|
|
|
------------
|
------------
|
|
2018
|
2017
|
|
£
|
£
|
|
Amounts owed to group undertakings
|
|
|
------------
|
------------
|
|
Deferred tax (note 24)
|
|
£
|
|
At 1 July 2017
|
|
Unused amounts reversed
|
(
|
---------
|
|
At 30 June 2018
|
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Included in provisions (note 23)
|
|
|
--------
|
---------
|
|
2018
|
2017
|
|
£
|
£
|
|
Revaluation of tangible assets
|
|
|
Fair value adjustment of investment property
|
|
|
--------
|
---------
|
|
77,000
|
217,488
|
|
--------
|
---------
|
|
2018
|
2017
|
|||
No.
|
£
|
No.
|
£
|
|
|
|
10,000
|
|
10,000
|
|
|
10
|
|
10
|
|
|
40
|
|
40
|
|
|
10
|
|
10
|
--------
|
--------
|
--------
|
--------
|
|
|
|
|
|
|
--------
|
--------
|
--------
|
--------
|
|
2018
|
2017
|
|
£
|
£
|
|
Tangible assets
|
|
|
--------
|
--------
|
|