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REGISTERED NUMBER: 04332985 (England and Wales)








Unaudited Financial Statements

For The Year Ended 31 May 2024

for

Aseptic Technology and Design Limited

Aseptic Technology and Design Limited (Registered number: 04332985)






Contents of the Financial Statements
For The Year Ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Aseptic Technology and Design Limited (Registered number: 04332985)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,176 27,720

CURRENT ASSETS
Debtors 5 354,095 364,634
Cash at bank and in hand 738,000 1,326,873
1,092,095 1,691,507
CREDITORS
Amounts falling due within one year 6 384,507 245,143
NET CURRENT ASSETS 707,588 1,446,364
TOTAL ASSETS LESS CURRENT
LIABILITIES

729,764

1,474,084

CREDITORS
Amounts falling due after more than one
year

7

(11,667

)

(21,667

)

PROVISIONS FOR LIABILITIES (5,276 ) (6,603 )
NET ASSETS 712,821 1,445,814

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 712,721 1,445,714
SHAREHOLDERS' FUNDS 712,821 1,445,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Aseptic Technology and Design Limited (Registered number: 04332985)

Balance Sheet - continued
31 May 2024


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 11 September 2024 and were signed on its behalf by:




P Templeton - Director



B Bergin - Director


Aseptic Technology and Design Limited (Registered number: 04332985)

Notes to the Financial Statements
For The Year Ended 31 May 2024

1. STATUTORY INFORMATION

Aseptic Technology and Design 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: 04332985

Registered office: Harscombe House
1 Darklake View
Plymouth
Devon
PL6 7TL

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 the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Aseptic Technology and Design Limited (Registered number: 04332985)

Notes to the Financial Statements - continued
For The Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 165,187 6,291 171,478
DEPRECIATION
At 1 June 2023 138,912 4,846 143,758
Charge for year 5,255 289 5,544
At 31 May 2024 144,167 5,135 149,302
NET BOOK VALUE
At 31 May 2024 21,020 1,156 22,176
At 31 May 2023 26,275 1,445 27,720

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 343,124 353,134
VAT - 1,480
Prepayments 10,971 10,020
354,095 364,634

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 45,915 44,896
Tax 291,241 171,819
Social security and other taxes 1,937 2,064
VAT 14,615 -
Other creditors 8,609 5,998
Directors' loan accounts 12,190 10,366
384,507 245,143

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 11,667 10,000
Bank loans - 2-5 years - 11,667
11,667 21,667