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Directors' Report
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Director
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Registered office:
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Statement of Comprehensive Income
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2021
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2020
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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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---------
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Gross profit
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Distribution costs
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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 loss
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6
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(
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(
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Other interest receivable and similar income
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9
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–
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Interest payable and similar expenses
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10
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---------
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---------
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Loss before taxation
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(
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(
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Tax on loss
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–
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–
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--------
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--------
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Loss for the financial year and total comprehensive income
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(
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(
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--------
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--------
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Statement of Financial Position
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2021
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2020
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Note
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£
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£
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Intangible assets
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11
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Tangible assets
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12
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---------
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---------
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Debtors
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13
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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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14
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---------
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---------
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Net current liabilities
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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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Creditors: amounts falling due after more than one year
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15
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--------
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--------
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Net liabilities
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(
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(
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--------
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--------
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Called up share capital
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17
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Profit and loss account
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(
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(
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--------
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--------
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Shareholders deficit
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(
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(
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--------
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--------
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Statement of Financial Position (continued)
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Director
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Director
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Statement of Cash Flows
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2021
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2020
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£
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£
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Loss for the financial year
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(
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(
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Adjustments for:
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Depreciation of tangible assets
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Amortisation of intangible assets
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Government grant income
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(
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(
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Other interest receivable and similar income
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(
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–
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Interest payable and similar expenses
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Loss on disposal of tangible assets
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–
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Accrued income
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–
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(
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Changes in:
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Trade and other debtors
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Trade and other creditors
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(
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--------
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--------
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Cash generated from operations
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(
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(
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Interest paid
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(
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(
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Interest received
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–
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--------
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--------
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Net cash used in operating activities
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(
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(
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--------
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--------
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Purchase of tangible assets
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(
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(
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Proceeds from sale of tangible assets
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(
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–
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--------
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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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--------
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--------
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Proceeds from issue of ordinary shares
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–
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Proceeds from borrowings
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Government grant income
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--------
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--------
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Net cash from financing activities
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--------
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--------
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Net increase in cash and cash equivalents
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Cash and cash equivalents at beginning of year
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20,707
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12,273
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--------
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Cash and cash equivalents at end of year
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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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Plant and machinery
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-
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Fixtures and fittings
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-
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2021
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2020
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£
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£
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Rendering of services
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---------
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---------
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2021
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2020
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£
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£
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Government grant income
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--------
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--------
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2021
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2020
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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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Loss on disposal of tangible assets
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–
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-------
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-------
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2021
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2020
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No.
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No.
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Production staff
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Management staff
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1
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1
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----
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----
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----
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----
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2021
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2020
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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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--------
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--------
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--------
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--------
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2021
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2020
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£
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£
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Remuneration
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--------
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2021
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2020
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£
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£
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Interest on cash and cash equivalents
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–
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----
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----
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2021
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2020
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£
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£
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Interest on banks loans and overdrafts
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-------
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Goodwill
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£
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Cost
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At 1 May 2020 and 30 April 2021
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---------
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Amortisation
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At 1 May 2020
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Charge for the year
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---------
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At 30 April 2021
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---------
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Carrying amount
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At 30 April 2021
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---------
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At 30 April 2020
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---------
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Plant and machinery
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Fixtures and fittings
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Total
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£
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£
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£
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Cost
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At 1 May 2020
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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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At 30 April 2021
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-------
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--------
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--------
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Depreciation
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At 1 May 2020
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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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At 30 April 2021
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-------
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--------
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--------
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Carrying amount
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At 30 April 2021
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-------
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--------
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--------
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At 30 April 2020
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-------
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--------
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--------
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2021
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2020
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£
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£
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Trade debtors
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–
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Prepayments and accrued income
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–
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Other debtors
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–
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-------
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-------
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-------
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-------
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2021
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2020
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£
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£
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Bank loans and overdrafts
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Trade creditors
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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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Director loan accounts
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---------
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---------
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---------
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---------
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2021
|
2020
|
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£
|
£
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Bank loans and overdrafts
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--------
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--------
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2021
|
2020
|
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£
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£
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Government grants recognised directly in income
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--------
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--------
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2021
|
2020
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No.
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£
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No.
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£
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100
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100
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----
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----
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----
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----
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At 1 May 2020
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Cash flows
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At 30 Apr 2021
|
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£
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£
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£
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Cash at bank and in hand
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26,538
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Debt due within one year
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(173,059)
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669
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(172,390)
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Debt due after one year
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(19,245)
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(38,659)
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(57,904)
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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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