Contents | |
Page | |
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Directors' Report | 1—2 |
Independent Auditor's Report | 3—5 |
Statement of Comprehensive Income | 6 |
Balance Sheet | 7 |
Statement of Changes in Equity | 8 |
Notes to the Financial Statements | 9—14 |
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Director
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for and on behalf of
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40 The Lock Building
72 High Street
London
E15 2QB
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2022 | 2021 | |||
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Notes | £ | £ | ||
TURNOVER | 3 |
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GROSS PROFIT |
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Administrative expenses |
( |
( |
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OPERATING LOSS |
( |
( |
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Interest payable and similar charges | 7 |
( |
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LOSS FOR THE FINANCIAL YEAR |
( |
( |
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LOSS FOR THE FINANCIAL YEAR |
( |
( |
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OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
( |
( |
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2022 | 2021 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Intangible Assets | 9 |
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Tangible Assets | 10 |
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CURRENT ASSETS | |||||
Stocks | 11 |
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Debtors | 12 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 13 |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 14 |
( |
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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 16 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (2,762,706) | (2,175,641) | |||
Director
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Share Capital | Profit and Loss Account | Total | |
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£ | £ | £ | |
As at 1 April 2020 |
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( |
(1,870,544) |
Loss for the year and total comprehensive income | - |
( |
(305,097) |
As at 31 March 2021 and 1 April 2021 |
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( |
(2,175,641) |
Loss for the year and total comprehensive income | - |
( |
(587,065) |
As at
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( |
(2,762,706) |
Plant & Machinery |
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2022 | 2021 | ||
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£ | £ | ||
United Kingdom |
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1,800 | 2,550 | ||
2022 | 2021 | ||
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£ | £ | ||
Audit Services | |||
Audit of the company's financial statements |
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2022 | 2021 | ||
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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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2022 | 2021 | ||
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£ | £ | ||
Interest payable to group undertakings |
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Finance charges payable under finance leases | 2,979 | 5,140 | |
Foreign exchange charges |
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( |
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185,889 | (273,251) | ||
Tax Rate | 2022 | 2021 | |||
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2022 | 2021 | £ | £ | ||
Current tax | |||||
UK Corporation Tax | 19.0% | 19.0% |
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2022 | 2021 | ||||
£ | £ | ||||
Profit before tax | (587,065) | (305,097) | |||
Breakdown of tax charge is: | |||||
Tax on profit at 19% (UK standard rate) |
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Total tax charge for the period | - | - | |||
Intellectual Property | |||
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£ | |||
Cost | |||
As at
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Additions |
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As at
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Amortisation | |||
As at
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Provided during the period |
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As at
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Net Book Value | |||
As at
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As at
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Plant & Machinery | |
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£ | |
Cost | |
As at
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Additions |
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As at
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Depreciation | |
As at
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Provided during the period |
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As at
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Net Book Value | |
As at
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As at
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2022 | 2021 | ||
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£ | £ | ||
Work in progress |
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2022 | 2021 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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VAT |
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Due after more than one year | |||
Amounts owed by group undertakings |
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2022 | 2021 | ||
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£ | £ | ||
Net obligations under finance leases |
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Trade creditors |
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Other creditors | 270 | 263 | |
Taxation and social security | 946 | 908 | |
Accruals and deferred income |
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2022 | 2021 | ||
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£ | £ | ||
Net obligations under finance leases |
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Amounts owed to group undertakings |
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Amounts owed to participating interests |
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2022 | 2021 | ||
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£ | £ | ||
The future minimum finance lease payments are as follows: | |||
Not later than one year |
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Later than one year and not later than five years |
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for and on behalf of
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40 The Lock Building
72 High Street
London
E15 2QB
|