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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Chartered accountant's report to the board of trustees on the preparation of the unaudited statutory financial statements |
5 |
Statement of financial activities (including income and expenditure account) |
6 |
Statement of financial position |
7 |
Statement of cash flows |
9 |
Notes to the financial statements |
10 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Cliff Terrace |
office |
Aberystwyth |
Ceredigion |
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SY23 2DN |
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(Retired
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Accountants |
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Chartered accountants |
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Ty Madog |
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32 Queens Road |
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Aberystwyth |
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Ceredigion |
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SY23 2HN |
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2023 |
2022 |
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£ |
£ |
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Staff costs - manager's cost (Note 11 Support costs) |
37,532 |
37,436 |
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Staff costs (Note 13) |
151,763 |
124,938 |
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Staff costs (pension costs) |
8,695 |
8,644 |
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Total |
197,990 |
171,018 |
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Trustee |
Trustee |
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Company Limited by Guarantee |
Chartered Accountant's Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2023 |
2022 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Other trading activities |
6 |
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Investment income |
7 |
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Other income |
8 |
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Total income |
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Expenditure on charitable activities |
9,10 |
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Total expenditure |
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Net income and net movement in funds |
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Total funds brought forward |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
15 |
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Investments |
16 |
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Stocks |
17 |
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Debtors |
18 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
20 |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
21 |
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Net assets |
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Unrestricted funds |
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Total charity funds |
24 |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Trustee |
Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2023 |
2022 |
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Note |
£ |
£ |
Net income |
150,559 |
125,192 |
Adjustments for: |
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Depreciation of tangible fixed assets |
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Dividends, interest and rents from investments |
(35,000) |
(18,750) |
Other interest receivable and similar income |
(
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– |
Interest payable and similar charges |
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Accrued income |
(
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(
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Changes in: |
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Stocks |
(
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Trade and other debtors |
(
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(
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Trade and other creditors |
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(
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Cash generated from operations |
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Interest paid |
(
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(
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Interest received |
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– |
--------- |
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Net cash from operating activities |
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Dividends, interest and rents from investments |
35,000 |
18,750 |
Purchase of tangible assets |
(
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(
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Net cash used in investing activities |
(
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(
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--------- |
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Proceeds from borrowings |
(
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(
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Proceeds from loans from group undertakings |
(
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--------- |
--------- |
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Net cash used in financing activities |
(
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(
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
28,865 |
36,372 |
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Cash and cash equivalents at end of year |
19 |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Long Leasehold Property |
- |
100 year lease
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Plant and machinery |
- |
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Fixtures & Fittings |
- |
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Motor Vehicles |
- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Gift Aid |
61,324 |
61,324 |
33,492 |
33,492 |
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Amortisation of grant |
– |
– |
8,342 |
8,342 |
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Co-op Grant |
– |
– |
9,800 |
9,800 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Ticket sales |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Income from group undertakings |
35,000 |
35,000 |
18,750 |
18,750 |
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Bank interest receivable |
363 |
363 |
– |
– |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Rent income |
22,668 |
22,668 |
29,518 |
29,518 |
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Government COVID 19 Furlough relief |
– |
– |
21,524 |
21,524 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Test123 |
251,558 |
251,558 |
211,923 |
211,923 |
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Support costs |
120,880 |
120,880 |
94,892 |
94,892 |
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Activities undertaken directly |
Support costs |
Total funds 2023 |
Total fund 2022 |
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£ |
£ |
£ |
£ |
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Test123 |
251,558 |
110,593 |
362,151 |
294,659 |
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Governance costs |
– |
10,287 |
10,287 |
12,156 |
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Analysis of support costs |
Total 2023 |
Total 2022 |
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£ |
£ |
£ |
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Staff costs |
37,532 |
37,532 |
37,435 |
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Premises |
59,662 |
59,662 |
35,514 |
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Communications and IT |
7,630 |
7,630 |
8,080 |
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General office |
5,769 |
5,769 |
1,705 |
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Finance costs |
6,057 |
6,057 |
7,528 |
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Governance costs |
4,230 |
4,230 |
4,630 |
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--------- |
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120,880 |
120,880 |
94,892 |
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--------- |
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2023 |
2022 |
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£ |
£ |
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Depreciation of tangible fixed assets |
19,144 |
15,631 |
-------- |
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2023 |
2022 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Employer contributions to pension plans |
8,695 |
8,644 |
--------- |
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2023 |
2022 |
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No. |
No. |
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Number of full time staff |
9 |
8 |
---- |
---- |
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Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2022 |
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Additions |
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– |
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At 31 March 2023 |
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Depreciation |
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At 1 April 2022 |
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Charge for the year |
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--------- |
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At 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
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At 31 March 2022 |
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Shares in group undertakings |
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£ |
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Cost or valuation |
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At 1 April 2022 and 31 March 2023 |
2 |
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Impairment |
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At 1 April 2022 and 31 March 2023 |
– |
---- |
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Carrying amount |
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At 31 March 2023 |
2 |
---- |
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At 31 March 2022 |
2 |
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Capital & reserves |
Profit for the year |
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£ |
£ |
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Constitution Hill Trading Ltd |
28,094 |
2,642 |
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2023 |
2022 |
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£ |
£ |
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Raw materials and consumables |
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------- |
------- |
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2023 |
2022 |
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£ |
£ |
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Other debtors |
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------- |
------- |
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2023 | 2022 | ||
£ | £ | ||
VAT repayable | 9,644 | 6,090 | |
------- | ------- | ||
2023 |
2022 |
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£ |
£ |
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Cash at bank and in hand |
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Bank overdrafts |
(
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(
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-------- |
-------- |
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-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Social security and other taxes |
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-------- |
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2023 | 2022 | ||
£ | £ | ||
Nat West loan | 12,378 | 12,378 | |
Co-op Group loan | 7,500 | 7,500 | |
Nat West 'bounce-back' loan | 10,000 | 10,000 | |
Barclaycard | 1,407 | 613 | |
Nat West card | 1,663 | 512 | |
-------- | -------- | ||
Total | 32,948 | 31,003 | |
-------- | -------- | ||
2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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-------- |
-------- |
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-------- |
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2023 | 2022 | ||
£ | £ | ||
Nat West loan | 392 | 13,088 | |
Co-op Group loan | 4,750 | 12,875 | |
Nat West 'bounce-back'loan | 22,298 | 32,059 | |
-------- | -------- | ||
Total | 27,440 | 58,022 | |
-------- | -------- | ||
2023 |
2022 |
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£ |
£ |
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At 1 April 2022 |
– |
8,342 |
Amount released to income |
– |
(8,342) |
---- |
------- |
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At 31 March 2023 |
– |
– |
---- |
------- |
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At 1 April 2022 |
Income |
Expenditure |
At 31 March 2023 |
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£ |
£ |
£ |
£ |
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General funds |
506,190 |
522,997 |
(372,438) |
656,749 |
--------- |
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At 1 April 2021 |
Income |
Expenditure |
At 31 March 2022 |
|
£ |
£ |
£ |
£ |
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General funds |
380,998 |
432,007 |
(306,815) |
506,190 |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
696,114 |
696,114 |
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Investments |
2 |
2 |
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Current assets |
54,025 |
54,025 |
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Creditors less than 1 year |
(65,085) |
(65,085) |
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Creditors greater than 1 year |
(28,307) |
(28,307) |
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Net assets |
656,749 |
656,749 |
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Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
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Tangible fixed assets |
599,188 |
599,188 |
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Investments |
2 |
2 |
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Current assets |
38,880 |
38,880 |
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Creditors less than 1 year |
(73,201) |
(73,201) |
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Creditors greater than 1 year |
(58,679) |
(58,679) |
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--------- |
--------- |
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Net assets |
506,190 |
506,190 |
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At 1 Apr 2022 |
Cash flows |
At 31 Mar 2023 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
|
11,391 |
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Bank overdrafts |
(1,125) |
(1,945) |
(3,070) |
Debt due within one year |
(47,690) |
2,553 |
(45,137) |
Debt due after one year |
(58,022) |
30,582 |
(27,440) |
-------- |
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(
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(
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-------- |
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