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REGISTERED NUMBER: 02610121 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Pyrometer Systems Limited

Pyrometer Systems Limited (Registered number: 02610121)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Pyrometer Systems Limited (Registered number: 02610121)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 462 491
Investments 5 2 2
464 493

CURRENT ASSETS
Stocks 20,881 26,944
Debtors 6 48,657 67,569
Cash at bank and in hand 9,136 16,224
78,674 110,737
CREDITORS
Amounts falling due within one year 7 (71,626 ) (84,421 )
NET CURRENT ASSETS 7,048 26,316
TOTAL ASSETS LESS CURRENT LIABILITIES 7,512 26,809

CAPITAL AND RESERVES
Called up share capital 301 301
Capital redemption reserve 400 400
Retained earnings 6,811 26,108
SHAREHOLDERS' FUNDS 7,512 26,809

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

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

The director acknowledges his 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.

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.

The financial statements were approved by the director and authorised for issue on 27 September 2023 and were signed by:



Mr J B Cassidy - Director


Pyrometer Systems Limited (Registered number: 02610121)

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

1. STATUTORY INFORMATION

Pyrometer Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02610121

Registered office: Unit 23, Hillgate Business Centre
Swallow Street
Higher Hillgate
Stockport
Cheshire
SK1 3AU

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, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Office equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Pyrometer Systems Limited (Registered number: 02610121)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 May 2022 7,897 4,921 12,818
Additions - 241 241
At 30 April 2023 7,897 5,162 13,059
DEPRECIATION
At 1 May 2022 7,680 4,647 12,327
Charge for year 33 237 270
At 30 April 2023 7,713 4,884 12,597
NET BOOK VALUE
At 30 April 2023 184 278 462
At 30 April 2022 217 274 491

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2022
and 30 April 2023 2
NET BOOK VALUE
At 30 April 2023 2
At 30 April 2022 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 41,064 62,094
Other debtors 7,593 5,475
48,657 67,569

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 29,680 46,641
Taxation and social security 15,666 11,291
Other creditors 26,280 26,489
71,626 84,421