IRIS Accounts Production v24.2.0.383 05628644 director 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056286442022-11-30056286442023-11-30056286442022-12-012023-11-30056286442021-11-30056286442021-12-012022-11-30056286442022-11-3005628644ns15:EnglandWales2022-12-012023-11-3005628644ns14:PoundSterling2022-12-012023-11-3005628644ns10:Director12022-12-012023-11-3005628644ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3005628644ns10:SmallEntities2022-12-012023-11-3005628644ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3005628644ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3005628644ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3005628644ns10:FullAccounts2022-12-012023-11-3005628644ns10:OrdinaryShareClass12022-12-012023-11-3005628644ns10:CompanySecretary12022-12-012023-11-3005628644ns10:RegisteredOffice2022-12-012023-11-3005628644ns5:CurrentFinancialInstruments2023-11-3005628644ns5:CurrentFinancialInstruments2022-11-3005628644ns5:ShareCapital2023-11-3005628644ns5:ShareCapital2022-11-3005628644ns5:RetainedEarningsAccumulatedLosses2023-11-3005628644ns5:RetainedEarningsAccumulatedLosses2022-11-3005628644ns5:PlantMachinery2022-12-012023-11-3005628644ns5:ComputerEquipment2022-11-3005628644ns5:ComputerEquipment2022-12-012023-11-3005628644ns5:ComputerEquipment2023-11-3005628644ns5:ComputerEquipment2022-11-3005628644ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3005628644ns5:WithinOneYearns5:CurrentFinancialInstruments2022-11-3005628644ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 05628644 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

SEMITAC LTD

SEMITAC LTD (REGISTERED NUMBER: 05628644)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SEMITAC LTD

COMPANY INFORMATION
For The Year Ended 30 November 2023







DIRECTOR: Mr J S Vadgama





SECRETARY: Mr S Vadgama





REGISTERED OFFICE: 79 Cantle Avenue
Downs Barn
Milton Keynes
Buckinghamshire
MK14 7QU





REGISTERED NUMBER: 05628644 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

SEMITAC LTD (REGISTERED NUMBER: 05628644)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 712 949

CURRENT ASSETS
Debtors 5 1,071 441
Cash at bank 471 4,399
1,542 4,840
CREDITORS
Amounts falling due within one year 6 21,166 14,944
NET CURRENT LIABILITIES (19,624 ) (10,104 )
TOTAL ASSETS LESS CURRENT LIABILITIES (18,912 ) (9,155 )

CAPITAL AND RESERVES
Called up share capital 7 90 90
Retained earnings (19,002 ) (9,245 )
SHAREHOLDERS' FUNDS (18,912 ) (9,155 )

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:




Mr J S Vadgama - Director


SEMITAC LTD (REGISTERED NUMBER: 05628644)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

Semitac Ltd 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.

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.

The financial statements have been prepared on a going concern basis although the balance sheet displayed a negative amount at the balance sheet date. The directors has confirmed continued support to the company and will ensure the company retains sufficient working capital to continue trading for the foreseeable future.

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

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 etc - 25% on reducing balance

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.

Going concern
The financial statements have been prepared on a going concern basis although the balance sheet displayed a negative amount at the balance sheet date. The directors has confirmed continued support to the company and will ensure the company retains sufficient working capital to continue trading for the foreseeable future

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SEMITAC LTD (REGISTERED NUMBER: 05628644)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2022
and 30 November 2023 5,443
DEPRECIATION
At 1 December 2022 4,494
Charge for year 237
At 30 November 2023 4,731
NET BOOK VALUE
At 30 November 2023 712
At 30 November 2022 949

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,071 441

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security - (242 )
Other creditors 21,166 15,186
21,166 14,944

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
90 Ordinary A 1 90 90

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J S Vadgama.