IRIS Accounts Production v24.2.0.383 SC259009 director 6.4.23 5.4.24 5.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2590092023-04-05SC2590092024-04-05SC2590092023-04-062024-04-05SC2590092022-04-05SC2590092022-04-062023-04-05SC2590092023-04-05SC259009ns15:Scotland2023-04-062024-04-05SC259009ns14:PoundSterling2023-04-062024-04-05SC259009ns10:Director12023-04-062024-04-05SC259009ns10:PrivateLimitedCompanyLtd2023-04-062024-04-05SC259009ns10:SmallEntities2023-04-062024-04-05SC259009ns10:AuditExemptWithAccountantsReport2023-04-062024-04-05SC259009ns10:SmallCompaniesRegimeForDirectorsReport2023-04-062024-04-05SC259009ns10:SmallCompaniesRegimeForAccounts2023-04-062024-04-05SC259009ns10:FullAccounts2023-04-062024-04-05SC259009ns10:RegisteredOffice2023-04-062024-04-05SC259009ns5:CurrentFinancialInstruments2024-04-05SC259009ns5:CurrentFinancialInstruments2023-04-05SC259009ns5:ShareCapital2024-04-05SC259009ns5:ShareCapital2023-04-05SC259009ns5:RetainedEarningsAccumulatedLosses2024-04-05SC259009ns5:RetainedEarningsAccumulatedLosses2023-04-05SC259009ns5:PlantMachinery2023-04-05SC259009ns5:MotorVehicles2023-04-05SC259009ns5:ComputerEquipment2023-04-05SC259009ns5:PlantMachinery2023-04-062024-04-05SC259009ns5:MotorVehicles2023-04-062024-04-05SC259009ns5:ComputerEquipment2023-04-062024-04-05SC259009ns5:PlantMachinery2024-04-05SC259009ns5:MotorVehicles2024-04-05SC259009ns5:ComputerEquipment2024-04-05SC259009ns5:PlantMachinery2023-04-05SC259009ns5:MotorVehicles2023-04-05SC259009ns5:ComputerEquipment2023-04-05SC2590091ns10:Director12023-04-05SC2590091ns10:Director12022-04-05SC2590091ns10:Director12023-04-062024-04-05SC2590091ns10:Director12022-04-062023-04-05SC2590091ns10:Director12024-04-05SC2590091ns10:Director12023-04-05
REGISTERED NUMBER: SC259009 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

AMTECH SYSTEMS LTD.

AMTECH SYSTEMS LTD. (REGISTERED NUMBER: SC259009)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

AMTECH SYSTEMS LTD.

COMPANY INFORMATION
for the Year Ended 5 April 2024







DIRECTOR: Mr A Macleod





REGISTERED OFFICE: Bankhead
Keith Hall
Inverurie
Aberdeenshire
AB51 0LQ





REGISTERED NUMBER: SC259009 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS

AMTECH SYSTEMS LTD. (REGISTERED NUMBER: SC259009)

BALANCE SHEET
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 357 475

CURRENT ASSETS
Cash at bank 51 87

CREDITORS
Amounts falling due within one year 6 25,313 24,239
NET CURRENT LIABILITIES (25,262 ) (24,152 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,905

)

(23,677

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (24,907 ) (23,678 )
SHAREHOLDERS' FUNDS (24,906 ) (23,677 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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 17 September 2024 and were signed by:





Mr A Macleod - Director


** STATEMENT OF FINANCIAL POSITION - CURRENT YEAR - DOES NOT BALANCE - PLEASE CHECK THAT ALL POSTINGS HAVE BEEN MADE TO ACCOUNTS USED ON LIMITED COMPANY REPORTS

AMTECH SYSTEMS LTD. (REGISTERED NUMBER: SC259009)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Amtech Systems Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The financial statements have been prepared on a going concern basis which assumes the company will continue trading for a period of no less than 12 months from the date of this report.

The director acknowledges the negative balance sheet position and has given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and not calling on the director's loan account for repayment until the company is in such a position to be able to make repayments.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer Equipment - 25% Reducing Balance
Motor Vehicles - 25% Reducing Balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the proceeds and the carrying value of the asset and is included in the profit and loss account.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets which include trade & other debtors, cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers significant risk and reward of ownership to another entity.

Basic financial liabilities
Basic financial liabilities which include trade and other creditors are recognised at transaction price including transaction cost.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

4. EMPLOYEES AND DIRECTORS

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

AMTECH SYSTEMS LTD. (REGISTERED NUMBER: SC259009)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 5 April 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 6 April 2023
and 5 April 2024 1,141 13,200 1,178 15,519
DEPRECIATION
At 6 April 2023 1,084 12,782 1,178 15,044
Charge for year 14 104 - 118
At 5 April 2024 1,098 12,886 1,178 15,162
NET BOOK VALUE
At 5 April 2024 43 314 - 357
At 5 April 2023 57 418 - 475

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 25,313 24,239

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2024 and 5 April 2023:

2024 2023
£    £   
Mr A Macleod
Balance outstanding at start of year (23,819 ) (22,797 )
Amounts repaid (954 ) (1,022 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (24,773 ) (23,819 )

These amounts bear no interest and have no fixed repayment terms.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Macleod.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AMTECH SYSTEMS LTD. (REGISTERED NUMBER: SC259009)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amtech Systems Ltd. for the year ended 5 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Amtech Systems Ltd. in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Amtech Systems Ltd. and state those matters that we have agreed to state to the director of Amtech Systems Ltd. in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Amtech Systems Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Amtech Systems Ltd.. You consider that Amtech Systems Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Amtech Systems Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS


17 September 2024