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CREWE ALEXANDRA GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
22 Analysis of changes in net debt - group
Cash at bank and in hand Bank overdrafts
Borrowings excluding overdrafts
23 Share capital
Ordinary share capital
Issued and fully paid
2,466,608 Ordinary shares of £1 each
Preference share capital
Issued and fully paid
89,576 Preference shares of £1 each
Preference shares classified as equity
Total equity share capital
1July2022 Cashflows 30June2023 £££
239,816 (39,385)
200,431 (846,798)
(646,367)
(186,531) 9,503
(177,028) 119,386
(57,642)
53,285 (29,882)
23,403 (727,412)
(704,009)
Group and company
2023 £
2,466,608
89,576 89,576
2,556,184
2022 £
2,466,608
89,576 89,576
2,556,184
Following its formation the company issued 2,466,608 Ordinary £1 shares and £89,576 Preference £1 shares in order to acquire a 100% shareholding in Crewe Alexandra football club and its associated businesses. The Ordinary shares carry all voting rights and entitlements at meetings. The Preference shares rank first in the event of a winding up.
24 Controlling party
Crewe Alexandra Group Limited is the ultimate parent company and its board of directors the ultimate controlling party.
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