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REGISTERED NUMBER: 08295903 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Ambidect Limited

Ambidect Limited (Registered number: 08295903)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Ambidect Limited (Registered number: 08295903)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,543 3,495

CURRENT ASSETS
Debtors 5 78,913 75,765
Cash at bank 119,681 61,403
198,594 137,168
CREDITORS
Amounts falling due within one year 6 131,246 45,364
NET CURRENT ASSETS 67,348 91,804
TOTAL ASSETS LESS CURRENT LIABILITIES 73,891 95,299

CREDITORS
Amounts falling due after more than one year 7 (23,289 ) (33,333 )

PROVISIONS FOR LIABILITIES (1,636 ) (665 )
NET ASSETS 48,966 61,301

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 48,866 61,201
SHAREHOLDERS' FUNDS 48,966 61,301

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:





Mr Timothy David Thomas-Peter - Director


Ambidect Limited (Registered number: 08295903)

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

1. STATUTORY INFORMATION

Ambidect 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: 08295903

Registered office: Riverside
Mountbatten Way
Congleton
Cheshire
CW12 1DY

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

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 - 20% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

Ambidect Limited (Registered number: 08295903)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 2,130 4,091 24,781 31,002
Additions 124 269 7,290 7,683
At 30 November 2023 2,254 4,360 32,071 38,685
DEPRECIATION
At 1 December 2022 1,040 3,659 22,808 27,507
Charge for year 243 191 4,201 4,635
At 30 November 2023 1,283 3,850 27,009 32,142
NET BOOK VALUE
At 30 November 2023 971 510 5,062 6,543
At 30 November 2022 1,090 432 1,973 3,495

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,594 28,092
Other debtors 39,319 47,673
78,913 75,765

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,936 10,000
Trade creditors 4,972 4,504
Taxation and social security 59,390 19,326
Other creditors 56,948 11,534
131,246 45,364

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 23,289 33,333