IRIS Accounts Production v24.2.0.383 08318588 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083185882022-12-31083185882023-12-31083185882023-01-012023-12-31083185882021-12-31083185882022-01-012022-12-31083185882022-12-3108318588ns15:EnglandWales2023-01-012023-12-3108318588ns14:PoundSterling2023-01-012023-12-3108318588ns10:Director12023-01-012023-12-3108318588ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108318588ns10:SmallEntities2023-01-012023-12-3108318588ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108318588ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108318588ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108318588ns10:FullAccounts2023-01-012023-12-310831858812023-01-012023-12-3108318588ns10:Director22023-01-012023-12-3108318588ns10:RegisteredOffice2023-01-012023-12-3108318588ns5:CurrentFinancialInstruments2023-12-3108318588ns5:CurrentFinancialInstruments2022-12-3108318588ns5:Non-currentFinancialInstruments2023-12-3108318588ns5:Non-currentFinancialInstruments2022-12-3108318588ns5:ShareCapital2023-12-3108318588ns5:ShareCapital2022-12-3108318588ns5:RetainedEarningsAccumulatedLosses2023-12-3108318588ns5:RetainedEarningsAccumulatedLosses2022-12-3108318588ns5:NetGoodwill2023-01-012023-12-3108318588ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108318588ns5:NetGoodwill2022-12-3108318588ns5:NetGoodwill2023-12-3108318588ns5:NetGoodwill2022-12-3108318588ns5:LandBuildings2022-12-3108318588ns5:PlantMachinery2022-12-3108318588ns5:LandBuildings2023-01-012023-12-3108318588ns5:PlantMachinery2023-01-012023-12-3108318588ns5:LandBuildings2023-12-3108318588ns5:PlantMachinery2023-12-3108318588ns5:LandBuildings2022-12-3108318588ns5:PlantMachinery2022-12-3108318588ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108318588ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-310831858812023-01-012023-12-31
REGISTERED NUMBER: 08318588 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Akribis Scientific Limited

Akribis Scientific Limited (Registered number: 08318588)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Akribis Scientific Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: Mrs S Fox
A M Fox





REGISTERED OFFICE: Common Farm
Frog Lane
Pickmere
Knutsford
WA16 0JG





REGISTERED NUMBER: 08318588 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
14 Grosvenor Court
Foregate Street
Chester
Cheshire
CH1 1HG

Akribis Scientific Limited (Registered number: 08318588)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
FIXED ASSETS
Intangible assets 4 2 2
Tangible assets 5 17,032 24,144
17,034 24,146

CURRENT ASSETS
Stocks 16,200 38,397
Debtors 6 3,529 11,101
Cash at bank 7,438 16,177
27,167 65,675
CREDITORS
Amounts falling due within one year 7 (33,781 ) (51,399 )
NET CURRENT (LIABILITIES)/ASSETS (6,614 ) 14,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,420

38,422

CREDITORS
Amounts falling due after more than one year 8 (7,350 ) (12,250 )

PROVISIONS FOR LIABILITIES (3,236 ) (4,587 )
NET (LIABILITIES)/ASSETS (166 ) 21,585

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (167 ) 21,584
SHAREHOLDERS' FUNDS (166 ) 21,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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

Akribis Scientific Limited (Registered number: 08318588)

Balance Sheet - continued
31 December 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.

The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2024 and were signed on its behalf by:





A M Fox - Director


Akribis Scientific Limited (Registered number: 08318588)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Akribis Scientific 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents sales of goods delivered in the period, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years.

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.

Tangible fixed assets
Tangible fixed assets are included at cost less accumulated depreciation.
Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Akribis Scientific Limited (Registered number: 08318588)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 January 2023
and 31 December 2023 23,000
AMORTISATION
At 1 January 2023
and 31 December 2023 22,998
NET BOOK VALUE
At 31 December 2023 2
At 31 December 2022 2

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 January 2023 1,000 116,037 117,037
Additions - 859 859
Disposals - (11,521 ) (11,521 )
At 31 December 2023 1,000 105,375 106,375
DEPRECIATION
At 1 January 2023 900 91,993 92,893
Charge for year 99 5,822 5,921
Eliminated on disposal - (9,471 ) (9,471 )
At 31 December 2023 999 88,344 89,343
NET BOOK VALUE
At 31 December 2023 1 17,031 17,032
At 31 December 2022 100 24,044 24,144

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 2,015 4,178
Other debtors 1,514 6,923
3,529 11,101

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 4,900 4,900
Trade creditors 97 73
Taxation and social security 185 9,105
Other creditors 28,599 37,321
33,781 51,399

Akribis Scientific Limited (Registered number: 08318588)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 7,350 12,250

9. RELATED PARTY DISCLOSURES

Included in other creditors is £25,513 (2022 £27,690) owed to Mr A M Fox, a director of the company. This loan is unsecured and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

Mr A M Fox, a director, controlled the company by virtue of owning all of the issued ordinary share capital.