CAM-TEC SYSTEMS LIMITED

Company Registration Number:
02707608 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

CAM-TEC SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

CAM-TEC SYSTEMS LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 118,450 61,250
Total fixed assets: 118,450 61,250
Current assets
Stocks: 55,000 25,000
Debtors: 4 638,310 623,959
Cash at bank and in hand: 121,571 110,353
Total current assets: 814,881 759,312
Creditors: amounts falling due within one year: 5 (262,694) (208,035)
Net current assets (liabilities): 552,187 551,277
Total assets less current liabilities: 670,637 612,527
Creditors: amounts falling due after more than one year: 6 (37,257)
Provision for liabilities: (20,000) (11,500)
Total net assets (liabilities): 613,380 601,027
Capital and reserves
Called up share capital: 2,000 2,000
Other reserves: 1,950 1,950
Profit and loss account: 609,430 597,077
Shareholders funds: 613,380 601,027

The notes form part of these financial statements

CAM-TEC SYSTEMS LIMITED

Balance sheet statements

For the year ending 31 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 October 2023
and signed on behalf of the board by:

Name: R Hovington
Status: Director

The notes form part of these financial statements

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 17 19

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 154,604
Additions 80,502
Disposals (13,987)
At 31 December 2022 221,119
Depreciation
At 01 January 2022 93,354
Charge for year 23,302
On disposals (13,987)
At 31 December 2022 102,669
Net book value
At 31 December 2022 118,450
At 31 December 2021 61,250

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 232,050 232,050

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Bank loan 18000Trade creditors 146097Taxation 40138Other creditors 4309Accruals and deferred income 54150Total 262694

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

Bank loan £37257

CAM-TEC SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Loans to directors

Name of director receiving advance or credit: R Hovington
Description of the loan: Advance
£
Balance at 01 January 2022 171,000
Balance at 31 December 2022 171,000
Name of director receiving advance or credit: A D Johnson
Description of the loan: Advance
£
Balance at 01 January 2022 61,050
Balance at 31 December 2022 61,050