Company Registration No. 05961782 (England and Wales)
Applied Biomechanics Ltd
Unaudited accounts
for the year ended 31 October 2023
Applied Biomechanics Ltd
Unaudited accounts
Contents
Applied Biomechanics Ltd
Company Information
for the year ended 31 October 2023
Company Number
05961782 (England and Wales)
Registered Office
Allensbank
Narberth
Pembrokeshire
SA67 8RF
Accountants
Ann Stephens & Co
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
Applied Biomechanics Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
53,260
106,591
Creditors: amounts falling due within one year
(83,337)
(127,480)
Net current assets
6,623
22,469
Called up share capital
10
10
Profit and loss account
10,510
23,170
Shareholders' funds
10,520
23,180
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2024 and were signed on its behalf by
A Glaister
Director
Company Registration No. 05961782
Applied Biomechanics Ltd
Notes to the Accounts
for the year ended 31 October 2023
Applied Biomechanics Ltd is a private company, limited by shares, registered in England and Wales, registration number 05961782. The registered office is Allensbank, Narberth, Pembrokeshire, SA67 8RF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Applied Biomechanics Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
8,398
282
8,680
At 31 October 2023
12,398
688
13,086
At 1 November 2022
7,922
47
7,969
Charge for the year
1,119
101
1,220
At 31 October 2023
9,041
148
9,189
At 31 October 2023
3,357
540
3,897
At 31 October 2022
476
235
711
Amounts falling due within one year
Trade debtors
8,755
12,033
Other debtors
1,200
11,200
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,744
3,379
Loans from directors
61,654
117,423
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Average number of employees
During the year the average number of employees was 2 (2022: 2).