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REGISTERED NUMBER: 08037159 (England and Wales)















Amethyst Research Limited

Financial Statements For The Year Ended 30th April 2018






Amethyst Research Limited (Registered number: 08037159)






Contents of the Financial Statements
For The Year Ended 30th April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Amethyst Research Limited

Company Information
For The Year Ended 30th April 2018







DIRECTORS: J G Clarke
Dr T Golding





SECRETARY: Mrs S J Frost





REGISTERED OFFICE: Cotswold
Humfrey Lane
Boughton
Northampton
NN2 8RN





REGISTERED NUMBER: 08037159 (England and Wales)





AUDITORS: Cheney & Co
Statutory Auditor
310 Wellingborough Road
Northampton
NN1 4EP

Amethyst Research Limited (Registered number: 08037159)

Balance Sheet
30th April 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,017 7,285

CURRENT ASSETS
Debtors 6 49,613 71,089
Cash at bank 72,184 21,445
121,797 92,534
CREDITORS
Amounts falling due within one year 7 97,311 80,875
NET CURRENT ASSETS 24,486 11,659
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,503

18,944

PROVISIONS FOR LIABILITIES 8 900 1,300
NET ASSETS 28,603 17,644

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 28,403 17,444
SHAREHOLDERS' FUNDS 28,603 17,644

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13th November 2018 and were signed on its
behalf by:





J G Clarke - Director


Amethyst Research Limited (Registered number: 08037159)

Notes to the Financial Statements
For The Year Ended 30th April 2018

1. STATUTORY INFORMATION

Amethyst Research Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of research development and marketing
of infrared imaging and detectors.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistency applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Amethyst Research Limited (Registered number: 08037159)

Notes to the Financial Statements - continued
For The Year Ended 30th April 2018

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 3 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st May 2017 6,948 5,520 12,468
Disposals - (391 ) (391 )
At 30th April 2018 6,948 5,129 12,077
DEPRECIATION
At 1st May 2017 707 4,476 5,183
Charge for year 1,737 477 2,214
Eliminated on disposal - (337 ) (337 )
At 30th April 2018 2,444 4,616 7,060
NET BOOK VALUE
At 30th April 2018 4,504 513 5,017
At 30th April 2017 6,241 1,044 7,285

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 46,657 7,071
Other debtors 2,956 64,018
49,613 71,089

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 1,081 30,389
Taxation and social security 6,030 2,964
Other creditors 90,200 47,522
97,311 80,875

8. PROVISIONS FOR LIABILITIES
2018 2017
£    £   
Deferred tax 900 1,300

Amethyst Research Limited (Registered number: 08037159)

Notes to the Financial Statements - continued
For The Year Ended 30th April 2018

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st May 2017 1,300
Credit to Income Statement during year (400 )
Balance at 30th April 2018 900

9. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
200 200

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Sparks ACA FCCA (Senior Statutory Auditor)
for and on behalf of Cheney & Co

11. CONTINGENT LIABILITIES

There were no contingent liabilities as at 30th April 2018 or at 30th April 2017.

12. CAPITAL COMMITMENTS

There were no capital commitments as at 30th April 2018 or at 30th April 2017.

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2018 and
30th April 2017:

2018 2017
£    £   
Dr T Golding
Balance outstanding at start of year 10,983 7,397
Amounts advanced - 9,586
Amounts repaid (9,829 ) (6,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,154 10,983

14. APB ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit
returns to the tax authorities and assist with the preparation of the financial statements.