BLENHEIM CHALCOT LTF LIMITEDActive

Principal activities and business review The principal activity during the year was the provision of legal, tax and financial support. The revenue of the group has risen from £9.1m to £14.6m, with our loss before taxation in the prior year of £2.9m, also rising to a profit before taxation of £5.6m. This was in line with our expectations. Key financial indicators 2022 2021 £ £ Revenue 14,638,567 9,149,421 Gross profit 8,067,833 3,419,957 Profit/(Loss) before taxation 5,307,278 2,868,357 Earnings before interest tax depreciation and amortisation 3,979,047 1,626,345 Net liabilities 17,311,168 22,618,446 Future developments We expect to continue to grow throughout 2023 and believe that the company will manage its costs continue to maintain a break even or profit position. Going concern In preparing the accounts and reviewing the company's and group's net liability positions of £10.2m and £17.3m, the directors have considered going concern. The directors have received confirmation from the shareholders to whom the group owe £26.1m (personally and through their investment companies), that they do not intend to recall the amount due to them within 12 months of signing these financial statements, where this will affect the company's ability to continue as a going concern. The directors have been in in discussions with the shareholders who also confirm it is their intention to continue to support the additional financing requirements and will provide additional financing where this ca

As described in the company's latest filed accounts.