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REGISTERED NUMBER: 12142572 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

A T H MACHINERY LTD

A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A T H MACHINERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: T J Lane
Mrs E Lane





REGISTERED OFFICE: Milkwood Salisbury Road
Broughton
Stockbridge
United Kingdom
SO20 8BX





REGISTERED NUMBER: 12142572 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,585 23,415

CURRENT ASSETS
Stocks 14,920 24,692
Debtors 5 43,533 16,962
Cash at bank 9,865 12,727
68,318 54,381
CREDITORS
Amounts falling due within one year 6 71,541 40,176
NET CURRENT (LIABILITIES)/ASSETS (3,223 ) 14,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,362

37,620

CREDITORS
Amounts falling due after more than one
year

7

(19,955

)

(30,124

)

PROVISIONS FOR LIABILITIES (3,532 ) (4,449 )
NET (LIABILITIES)/ASSETS (8,125 ) 3,047

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,225 ) 2,947
SHAREHOLDERS' FUNDS (8,125 ) 3,047

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

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

A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

BALANCE SHEET - continued
31ST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st August 2024 and were signed on its behalf by:





T J Lane - Director


A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. STATUTORY INFORMATION

A T H Machinery 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.

At the balance sheet date the company has net liabilities and is dependent on the support of the directors to continue trading. The directors have indicated their continued support and therefore the accounts have been prepared on a going concern basis.

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 - 20% on reducing balance
Motor vehicles - 20% 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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st January 2023 17,259 18,700 35,959
Additions 1,399 - 1,399
Disposals (912 ) - (912 )
At 31st December 2023 17,746 18,700 36,446
DEPRECIATION
At 1st January 2023 3,418 9,126 12,544
Charge for year 3,641 1,915 5,556
Eliminated on disposal (239 ) - (239 )
At 31st December 2023 6,820 11,041 17,861
NET BOOK VALUE
At 31st December 2023 10,926 7,659 18,585
At 31st December 2022 13,841 9,574 23,415

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 43,368 14,142
Other debtors 165 2,820
43,533 16,962

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,944 9,543
Trade creditors 6,184 14,040
Taxation and social security 22,092 13,472
Other creditors 33,321 3,121
71,541 40,176

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,955 30,124

A T H MACHINERY LTD (REGISTERED NUMBER: 12142572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 5,609 5,609
Between one and five years 3,758 9,367
9,367 14,976

9. RELATED PARTY DISCLOSURES

During the year the company received a loan of £30,000 (2022: £nil) from a shareholder. The loan is repayable on demand and interest is payable on an ad-hoc basis.