Contents of the Financial Statements

for the Period Ended 31 March 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2021

The directors present their report with the financial statements of the company for the period ended 31 March 2021

Directors

The directors shown below have held office during the whole of the period from
1 April 2020 to 31 March 2021

Keith Burnet
Doug Robb

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 June 2022

And signed on behalf of the board by:
Name: Keith Burnet
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2021

	2021	2020
	£	£
Turnover:	19,158,000	24,029,000
Cost of sales:	( 7,449,000 )	( 9,098,000 )
Gross profit(or loss):	11,709,000	14,931,000
Administrative expenses:	( 10,029,000 )	( 14,849,000 )
Operating profit(or loss):	1,680,000	82,000
Interest receivable and similar income:	104,000	3,000
Interest payable and similar charges:	( 265,000 )	( 443,000 )
Profit(or loss) before tax:	1,519,000	(358,000)
Tax:	( 330,000 )	277,000
Profit(or loss) for the financial year:	1,189,000	(81,000)

Balance sheet

As at 31 March 2021

	Notes	2021	2020
		£	£
Fixed assets
Tangible assets:	3	910,000	1,927,000
Investments:	4	1,100,000	1,223,000
Total fixed assets:		2,010,000	3,150,000
Current assets
Stocks:	5	448,000	237,000
Debtors:	6	1,525,000	4,582,000
Cash at bank and in hand:		1,167,000	949,000
Investments:	7		59,000
Total current assets:		3,140,000	5,827,000
Creditors: amounts falling due within one year:	8	( 10,103,000 )	( 12,313,000 )
Net current assets (liabilities):		(6,963,000)	(6,486,000)
Total assets less current liabilities:		(4,953,000)	( 3,336,000)
Accruals and deferred income:		( 164,000 )	( 1,282,000 )
Total net assets (liabilities):		(5,117,000)	(4,618,000)
Capital and reserves
Called up share capital:		1	1
Other reserves:		(6,618,001)	(4,823,001 )
Profit and loss account:		1,501,000	205,000
Total Shareholders' funds:		( 5,117,000 )	(4,618,000)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Notes to the Financial Statements

for the Period Ended 31 March 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	99	132