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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
Page
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Applied Biomechanics Ltd Company Information for the year ended 31 October 2023
Director
A Glaister
Secretary
Mrs D Glaister
Company Number
05961782 (England and Wales)
Registered Office
Allensbank Narberth Pembrokeshire SA67 8RF
Accountants
Ann Stephens & Co The Lodge Allensbank Narberth Pembs SA67 8RF
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Applied Biomechanics Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,897 
711 
Current assets
Inventories
26,745 
14,309 
Debtors
9,955 
29,049 
Cash at bank and in hand
53,260 
106,591 
89,960 
149,949 
Creditors: amounts falling due within one year
(83,337)
(127,480)
Net current assets
6,623 
22,469 
Net assets
10,520 
23,180 
Capital and reserves
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
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Applied Biomechanics Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
70,000 
At 31 October 2023
70,000 
Amortisation
At 1 November 2022
70,000 
At 31 October 2023
70,000 
Net book value
At 31 October 2023
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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 
Additions
4,000 
406 
4,406 
At 31 October 2023
12,398 
688 
13,086 
Depreciation
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 
Net book value
At 31 October 2023
3,357 
540 
3,897 
At 31 October 2022
476 
235 
711 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,755 
12,033 
Other debtors
1,200 
11,200 
9,955 
23,233 
Amounts falling due after more than one year
Trade debtors
- 
5,816 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,961 
4,628 
Taxes and social security
1,744 
3,379 
Loans from directors
61,654 
117,423 
Accruals
15,978 
2,050 
83,337 
127,480 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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