Statement of Consent to Prepare Abridged Financial Statements
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Abridged 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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Director's report
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2
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Statement of income and retained earnings
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3
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Abridged statement of financial position
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4
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Notes to the abridged financial statements
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6
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Chartered accountant's report to the director on the preparation of the unaudited statutory abridged financial statements
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12
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Detailed abridged income statement
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13
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Notes to the detailed abridged income statement
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14
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Officers and Professional Advisers
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Director
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Registered office
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Buckinghamshire
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Accountants
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Chartered accountant
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2 The Hopkiln
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Church Street
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Harvington
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Evesham
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Worcestershire
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WR11 8PB
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Director's Report
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Director
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Registered office:
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Buckinghamshire
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Statement of Income and Retained Earnings
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2017
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2016
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Note
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£
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£
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Gross profit
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Administrative expenses
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--------
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--------
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Operating profit
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--------
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--------
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Profit before taxation
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5
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Tax on profit
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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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Dividends paid and payable
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(
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–
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Retained losses at the start of the year
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(
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(
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-------
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--------
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Retained earnings/(losses) at the end of the year
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(
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-------
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--------
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Abridged Statement of Financial Position
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2017
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2016
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Note
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£
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£
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£
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Intangible assets
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6
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–
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Tangible assets
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7
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–
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----
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-------
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Debtors
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Cash at bank and in hand
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--------
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Creditors: amounts falling due within one year
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--------
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--------
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Net current assets/(liabilities)
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(
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-------
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-------
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Total assets less current liabilities
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(
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-------
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-------
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Net assets/(liabilities)
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(
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-------
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-------
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Called up share capital
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Profit and loss account
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(
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-------
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-------
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Members funds/(deficit)
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(
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-------
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-------
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Abridged Statement of Financial Position (continued)
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Director
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Notes to the Abridged Financial Statements
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Goodwill
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-
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Fixtures & fittings
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-
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Computer equipment
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-
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2017
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2016
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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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–
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-------
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-------
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£
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Cost
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At 1 February 2016 and 31 January 2017
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--------
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Amortisation
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At 1 February 2016
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Charge for the year
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--------
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At 31 January 2017
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--------
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Carrying amount
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At 31 January 2017
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–
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--------
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At 31 January 2016
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--------
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£
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Cost
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Additions
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----
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At 31 January 2017
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----
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Depreciation
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Charge for the year
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----
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At 31 January 2017
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----
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Carrying amount
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At 31 January 2017
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501
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----
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At 31 January 2016
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–
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----
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Management Information
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Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Detailed Abridged Income Statement
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2017
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2016
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£
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£
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Turnover
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Purchases
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–
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2,219
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Uniforms
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334
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282
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Franchise Fees
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21,189
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19,016
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Equipment
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5,587
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1,337
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Wages and salaries
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130,260
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101,822
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Social security costs
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563
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233
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---------
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---------
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157,933
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124,909
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---------
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---------
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Gross profit
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Administrative expenses
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40,245
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32,763
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---------
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---------
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Operating profit
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---------
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Profit before taxation
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20,776
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10,141
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---------
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Notes to the Detailed Abridged Income Statement
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2017
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2016
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£
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£
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Directors salaries
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9,996
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9,996
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Directors national insurance contributions
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231
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115
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Use of home as office
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528
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528
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Travel and subsistence
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18,370
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14,403
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Telephone
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1,239
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895
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Insurance
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631
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580
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Advertising
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231
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432
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Recruitment expenses
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606
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124
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Printing postage and stationery
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1,354
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883
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Sundry expenses
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1,902
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403
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Legal and professional fees (allowable)
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1,020
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745
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Accountancy fees
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648
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648
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Amortisation of goodwill
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2,100
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2,100
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Depreciation of tangible assets
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228
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–
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Bank charges
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1,161
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911
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--------
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40,245
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32,763
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--------
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