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Financial Statements
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Contents
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Page
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Director's report
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1
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Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements
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2
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Statement of income and retained earnings
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3
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Statement of financial position
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4
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Notes to the financial statements
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5
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Detailed income statement
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10
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Notes to the detailed income statement
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11
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Director's Report
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Director
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Registered office:
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Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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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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Administrative expenses
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Other operating income
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-------
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-------
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Operating loss
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(
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(
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Interest payable and similar expenses
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-------
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-------
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Loss before taxation
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4
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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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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 losses at the end of the year
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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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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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Tangible assets
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5
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Debtors
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6
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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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7
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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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(
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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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Profit and loss account
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(
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(
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--------
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--------
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Members deficit
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(
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(
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--------
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--------
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Director
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Notes to the Financial Statements
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Fixtures & fittings
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-
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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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Depreciation of tangible assets
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----
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Fixtures and fittings
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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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Cost
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At 1 April 2016
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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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At 31 March 2017
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-------
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Depreciation
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At 1 April 2016
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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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At 31 March 2017
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Carrying amount
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At 31 March 2017
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-------
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At 31 March 2016
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2017
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2016
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£
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£
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Other debtors
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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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Bank loans and overdrafts
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–
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Trade creditors
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Other creditors
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--------
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2017
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Balance brought forward
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Advances/ (credits) to the director
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Amounts repaid
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Balance outstanding
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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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2016
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Balance brought forward
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Advances/ (credits) to the director
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Amounts repaid
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Balance outstanding
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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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Management Information
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Detailed Income Statement
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2017
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2016
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£
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£
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Administrative expenses
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1,411
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2,701
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Other operating income
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586
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689
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----
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Operating loss
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(
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(
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Interest payable and similar expenses
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(105)
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(527)
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----
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-------
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Loss before taxation
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(930)
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(2,539)
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----
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Notes to the Detailed Income Statement
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2017
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2016
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£
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£
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Repairs and maintenance
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98
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97
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Hire costs
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704
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704
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Printing postage and stationery
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212
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175
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Sundry expenses
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13
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300
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Accountancy fees
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475
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475
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Depreciation of tangible assets
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82
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762
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(Gain)/loss on disposal of tangible assets
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(235)
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–
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Bank charges
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62
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188
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-------
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1,411
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2,701
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Government grants released to profit or loss
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----
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Interest on bank loans and overdrafts
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105
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527
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