2022-03-31-accounts

		Page
Company information
Report ofthe directors
Accountants' report
Income statement
Statement offinancial	position	5 to	6
Statement ofchanges	in equity
Notes tothe financial	statements	8 to	11
Trading and profit and	loss account	12 to	13

Directors:		J A Izzard
		D P King
		J L Harcourt
		K F Morrison
		P5Dev
		P D Ison
		J P Gamble
		FJfreeman
		J R Davis
Registered	office:	The Cloisters
		Barrington Road
		Letchworth
		Hertfordshire
		SG6 3TH
Registered	number:	00465100 (England	and Wales)
Accountants:		Wags LLPt/a Wagstaffs
		Richmond House
		Walkern Road
		Stevenage
		Hertfordshire
		SG13QP

					2022	2021
				Notes	E	E
TURNOVER					65,712	63,908
Cost ofsales					(63,818)	(56,136)
GROSS PROFIT					1,894	7,772
Administrative		expenses			(122,582)	(76,268)
					(120,688)	(68,496)
Other operating		income			136,197	99,491
OPERATING	PROFIT				15,509	30,995
Income from	fixed asset		investments		3,377	3,298
Interest receivable and similar income					22	124
					18,908	34,417
Gain/loss on	revaluation		of investments		29,290	17,495
					48,198	51,912
Interest payable		and similar expenses			(1,050)	(1,050)
PROFIT BEFORETAXATION					47,148	50,862
Tax on profit					(4,576)	(1,803)
PROFIT FOR THE FINANCIAL YEAR					42,572	49,059

		2022	2021
	Notes	E	E
FIXEDASSETS
Tangible assets		54,613	59,819
Investments		137,950	108,660
		192,563	168,479
CURRENT ASSETS
Debtors		47,625	21,289
Cash at bank and in hand		235,970	246,378
		283,595	267,667
CREDITORS
Amounts falling due within one year	9	(220,267)	(214,740)
NET CURRENT ASSETS		63,328	52,927
TOTAL ASSETSLESSCURRENT LIABILITIES		255,891	221,406
CREDITORS
Amounts falling due after more than one
year	10	(18,000)	(30,663)
PROVISIONS FOR LIABILITIES		(26,677)	(22,101)
NET ASSETS		211,214	168,642
RESERVES
Retained earnings		211,214	168,642
		211,214	168,642

			Retained	Total
			earnings	equity
			E	E
Balance	at 1st April	2020	119,583	119,583
Changes	in equity
Total comprehensive		income	49,059	49,059
Balance	at 31stMarch 2021		168,642	168,642
Changes	in equity
Total comprehensive		income	42,572	42,572
Balance	at 31stMarch 2022		211,214	211,214

Analysis ofthe The tax charge	tax charge on the profit for the year was	as follows:
			2022	2021
			E	E
Current tax:
UK corporation	tax			24
Prior year tax				74
Total current tax				98
Deferred tax			4,576	1,705
Tax on profit			4,576	1,803
TANGIBLE FIXEDASSETS
			Plant and
		Land and	machinery
		buildings	etc	Totals
		E		f
Cost
At 1st April 2021
and 31st March	2022	33,334	260,094	293,428
Depreciation
At 1stApril 2021			233,609	233,609
Charge for year			5,206	5,206
At 31st March 2022			238,815	238,815
Net book value
At 31st March 2022		33,334	21,279	54,613
At 31st March 2021		33,334	26,485	59,819

FIXEDASSET INVESTM	E	NTS
					Other
					investments
					f
Cost
At 1st April 2021					108,660
Market value movement					29,290
At 31stMarch 2022					137,950
Net book value
At 31stMarch 2022					137,950
At 31st March 2021					108,660
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
Trade debtors				109	547
Amounts owed by connected			companies	32,702	12,567
Other debtors				14,814	8,175
				47,625	21,289
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
Trade creditors				2,890	542
Taxation and social security				809	810
Other creditors				216,568	213,388
				220,267	214,740
CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
				2022	2021
				f	E
Other creditors				18,000	30,663

			2022		2021
Turnover
Rent receivable			60,668		61,311
Sundry sales and 250		club	5,044		2,597
				65,712		63,908
Cost ofsales
Purchases					479
Rent, rates, insurance		and utilities	42,878		36,783
Repairs and maintenance			15,734		10,355
Depreciation oftangible fixed assets
Fixtures and fittings			5,206		8,519
				63,818		56,136
GROSS PROFIT				1,894		7,772
(2.88%i 2021:12.16%)
Other income
Property grants			36,841
Overhead recovery			66,800		2,920
Government grants			32,556		96,571
Listed investment	income		3,377		3,298
Deposit account interest			22		124
				139,596		102,913
				141,490		110,685
Expenditure
Wages			76,010		62,333
Pensions			994		782
Property renovation			39,156
Telephone			1,528		2,067
Post and stationery					10
Computer costs			1,135		1,324
Travelling					8
Advertising					31
Sundry expenses					431
Accountancy			1,850		4,295
Subscriptions			465		338
Legal and professional					960
Bad debts					2,495
Bank charges			1,444		1,194
Loan interest			1,050		1,050
Carried forward			123,632	141,490	77,318	110,685

			2022		2021
			E	E	f	E
Broughtforward			123,632	141,490	77,318	110,685
Gain/loss	on revaluation	of investments	(29,290)		(17,495)
				94,342		59,823
NET PROFIT				47,148		50,862