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REGISTERED NUMBER: 03732421 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

All-Tech (Midlands) Limited

All-Tech (Midlands) Limited (Registered number: 03732421)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


All-Tech (Midlands) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M A Sealey
J C Hobbis





SECRETARY: M A Sealey





REGISTERED OFFICE: 5 Prior Wharf
Harris Industrial Estate, Hanbury Road
Stoke Prior
Bromsgrove
Worcestershire
B60 4FG





REGISTERED NUMBER: 03732421 (England and Wales)





ACCOUNTANTS: LR Business Services Limited
Old Orchard
Crown East Lane
Lower Broadheath
Worcester
Worcestershire
WR2 6RH

All-Tech (Midlands) Limited (Registered number: 03732421)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,924 25,313

CURRENT ASSETS
Stocks 69,657 78,768
Debtors 5 190,428 631,006
Cash at bank and in hand 124,117 161,703
384,202 871,477
CREDITORS
Amounts falling due within one year 6 142,268 126,708
NET CURRENT ASSETS 241,934 744,769
TOTAL ASSETS LESS CURRENT
LIABILITIES

262,858

770,082

PROVISIONS FOR LIABILITIES 7 3,976 4,734
NET ASSETS 258,882 765,348

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 257,882 764,348
SHAREHOLDERS' FUNDS 258,882 765,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

All-Tech (Midlands) Limited (Registered number: 03732421)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:




M A Sealey - Director



J C Hobbis - Director


All-Tech (Midlands) Limited (Registered number: 03732421)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

All-Tech (Midlands) 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.

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.

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

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.

All-Tech (Midlands) Limited (Registered number: 03732421)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 45,441 19,769 5,721
Additions - - -
At 31 March 2024 45,441 19,769 5,721
DEPRECIATION
At 1 April 2023 45,441 18,272 5,663
Charge for year - 375 15
At 31 March 2024 45,441 18,647 5,678
NET BOOK VALUE
At 31 March 2024 - 1,122 43
At 31 March 2023 - 1,497 58

All-Tech (Midlands) Limited (Registered number: 03732421)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 67,198 25,722 163,851
Additions - 4,725 4,725
At 31 March 2024 67,198 30,447 168,576
DEPRECIATION
At 1 April 2023 47,989 21,173 138,538
Charge for year 4,803 3,921 9,114
At 31 March 2024 52,792 25,094 147,652
NET BOOK VALUE
At 31 March 2024 14,406 5,353 20,924
At 31 March 2023 19,209 4,549 25,313

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 61,413 27,271
Amounts owed by participating interests 116,580 595,901
Prepayments and accrued income 12,435 7,834
190,428 631,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 72,242 52,057
Tax 32,757 39,510
Social security and other taxes 1,004 7,355
VAT 31,152 21,552
Other creditors 1,813 1,667
Accruals and deferred income 3,300 4,567
142,268 126,708

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 3,976 4,734

All-Tech (Midlands) Limited (Registered number: 03732421)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 4,734
Credit to Income Statement during year (758 )
Balance at 31 March 2024 3,976

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 April 2023 764,348
Profit for the year 126,234
Dividends (632,700 )
At 31 March 2024 257,882

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary undertaking of Gates and Doors Ltd, registered in England. Gates and Doors Ltd is controlled by Mr M A Sealey and Mr J C Hobbis.