Company Registration No. 11041132 (England and Wales)
ADVANCED CARBON ALLOTROPES LIMITED
Unaudited accounts
for the year ended 30 November 2023
ADVANCED CARBON ALLOTROPES LIMITED
Unaudited accounts
Contents
ADVANCED CARBON ALLOTROPES LIMITED
Company Information
for the year ended 30 November 2023
Director
Svetozar Pavlov Spasov
Company Number
11041132 (England and Wales)
Registered Office
FLAT 3, 11 HIGH STREET
TUTBURY
TUTBURY, BURTON-ON-TRENT
STAFFORDSHIRE
DE13 9LP
ENGLAND
Accountants
DoKument Ltd
Corbet Arms
High Street
Market Drayton
Shropshire
TF9 1PY
ADVANCED CARBON ALLOTROPES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
15,667
15,589
Cash at bank and in hand
857
3,035
Creditors: amounts falling due within one year
(9,170)
(23)
Net current (liabilities)/assets
(8,313)
3,012
Total assets less current liabilities
7,354
18,601
Creditors: amounts falling due after more than one year
(7,133)
(10,355)
Called up share capital
100
100
Profit and loss account
121
8,146
Shareholders' funds
221
8,246
For the year ending 30 November 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 26 March 2024 and were signed on its behalf by
Svetozar Pavlov Spasov
Director
Company Registration No. 11041132
ADVANCED CARBON ALLOTROPES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
ADVANCED CARBON ALLOTROPES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11041132. The registered office is FLAT 3, 11 HIGH STREET, TUTBURY, TUTBURY, BURTON-ON-TRENT, STAFFORDSHIRE, DE13 9LP, ENGLAND.
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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.
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.
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
20% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
27,500
1,910
29,410
At 30 November 2023
34,950
1,910
36,860
At 1 December 2022
12,675
1,146
13,821
Charge for the year
6,990
382
7,372
At 30 November 2023
19,665
1,528
21,193
At 30 November 2023
15,285
382
15,667
At 30 November 2022
14,825
764
15,589
ADVANCED CARBON ALLOTROPES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
10,594
7,535
Taxes and social security
15,762
10,860
Other creditors
6,304
5,474
Loans from directors
(26,490)
(26,851)
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Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,133
10,355
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
As of 30 Nov 2023, the director of the company owed £26,490 to the company (30 Nov 2022; £26,851) in respect of interest free loan, which is repayable on demand.
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Average number of employees
During the year the average number of employees was 1 (2022: 1).