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REGISTERED NUMBER: 06630896















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Aether Limited

Aether Limited (Registered number: 06630896)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aether Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: Ms Melanie Margaret Hobson
Mrs Katie Ruth King
Mr Justin William Lawton Goodwin
Mr Christopher John Dore





REGISTERED OFFICE: Oxford Centre for Innovation
New Road
Oxford
Oxfordshire
OX1 1BY





REGISTERED NUMBER: 06630896





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Aether Limited (Registered number: 06630896)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,880 2,820
Tangible assets 5 37,712 35,465
Investments 6 5,016 5,016
44,608 43,301

CURRENT ASSETS
Debtors 7 468,326 375,733
Cash at bank 1,933,584 1,794,020
2,401,910 2,169,753
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

8

(271,832

)

(315,507

)
NET CURRENT ASSETS 2,130,078 1,854,246
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,174,686

1,897,547

PROVISIONS FOR LIABILITIES (11,073 ) (7,274 )
NET ASSETS 2,163,613 1,890,273

CAPITAL AND RESERVES
Called up share capital 104 4
Retained earnings 2,163,509 1,890,269
2,163,613 1,890,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Aether Limited (Registered number: 06630896)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

Approved and authorised by the Board of Directors and authorised for issue on 30 August 2023 and were signed on its behalf by:





Ms Melanie Margaret Hobson - Director


Aether Limited (Registered number: 06630896)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Aether Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 33% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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.

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.

Aether Limited (Registered number: 06630896)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2022
and 30 June 2023 9,400
AMORTISATION
At 1 July 2022 6,580
Amortisation for year 940
At 30 June 2023 7,520
NET BOOK VALUE
At 30 June 2023 1,880
At 30 June 2022 2,820

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2022 5,604 10,368 94,346 110,318
Additions - 915 14,161 15,076
Disposals - - (909 ) (909 )
At 30 June 2023 5,604 11,283 107,598 124,485
DEPRECIATION
At 1 July 2022 5,193 8,231 61,429 74,853
Charge for year 135 763 11,715 12,613
Eliminated on disposal - - (693 ) (693 )
At 30 June 2023 5,328 8,994 72,451 86,773
NET BOOK VALUE
At 30 June 2023 276 2,289 35,147 37,712
At 30 June 2022 411 2,137 32,917 35,465

Aether Limited (Registered number: 06630896)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2022
and 30 June 2023 5,016
NET BOOK VALUE
At 30 June 2023 5,016
At 30 June 2022 5,016

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 411,178 321,560
Amounts owed by group undertakings 17,712 17,712
Other debtors 39,436 36,461
468,326 375,733

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 27,373 78,269
Taxation and social security 231,476 207,042
Other creditors 12,983 30,196
271,832 315,507