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REGISTERED NUMBER: 07673641 (England and Wales)












Unaudited Financial Statements for the Year Ended 30 June 2024

for

Anilox Laser Technology Ltd

Anilox Laser Technology Ltd (Registered number: 07673641)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Anilox Laser Technology Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: C R Bryant
A D Jewell
A Morton
A Jewell





REGISTERED OFFICE: Old Wellington Road
Lyntown Trading Estate
Eccles
Manchester
M30 9QG





REGISTERED NUMBER: 07673641 (England and Wales)





ACCOUNTANTS: Anthony Marshall Ltd
Chartered Accountants
70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ

Anilox Laser Technology Ltd (Registered number: 07673641)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 709,884 861,046

CURRENT ASSETS
Stocks 92,941 86,737
Debtors 5 390,376 447,604
Cash at bank and in hand 103,034 183,952
586,351 718,293
CREDITORS
Amounts falling due within one year 6 277,350 370,256
NET CURRENT ASSETS 309,001 348,037
TOTAL ASSETS LESS CURRENT LIABILITIES 1,018,885 1,209,083

CREDITORS
Amounts falling due after more than one
year

7

-

(60,067

)

PROVISIONS FOR LIABILITIES (68,965 ) (103,047 )
NET ASSETS 949,920 1,045,969

CAPITAL AND RESERVES
Called up share capital 130 130
Fair value reserve 8 41,946 41,946
Retained earnings 907,844 1,003,893
949,920 1,045,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Anilox Laser Technology Ltd (Registered number: 07673641)

Balance Sheet - continued
30 June 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 4 September 2024 and were signed on its behalf by:





A D Jewell - Director


Anilox Laser Technology Ltd (Registered number: 07673641)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Anilox Laser Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% straight line on buildings
Long leasehold - 10% on cost
Plant and machinery - 15% on cost and 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Anilox Laser Technology Ltd (Registered number: 07673641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 338,592 112,431 1,397,250
DEPRECIATION
At 1 July 2023 1,544 41,223 1,009,816
Charge for year 771 11,164 115,681
At 30 June 2024 2,315 52,387 1,125,497
NET BOOK VALUE
At 30 June 2024 336,277 60,044 271,753
At 30 June 2023 337,048 71,208 387,434

Anilox Laser Technology Ltd (Registered number: 07673641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 13,692 119,262 12,558 1,993,785
DEPRECIATION
At 1 July 2023 5,654 62,028 12,474 1,132,739
Charge for year 2,650 20,812 84 151,162
At 30 June 2024 8,304 82,840 12,558 1,283,901
NET BOOK VALUE
At 30 June 2024 5,388 36,422 - 709,884
At 30 June 2023 8,038 57,234 84 861,046

Cost or valuation at 30 June 2024 is represented by:

Freehold Long Plant and
property leasehold machinery
£    £    £   
Valuation in 2023 338,592 112,431 1,397,250

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Valuation in 2023 13,692 119,262 12,558 1,993,785

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 261,016 261,016

Value of land in freehold land and buildings 261,016 261,016

Freehold land and buildings were valued on an open market basis on 14 August 2019 by the company directors .

Anilox Laser Technology Ltd (Registered number: 07673641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 495,862
DEPRECIATION
At 1 July 2023 247,931
Charge for year 74,379
At 30 June 2024 322,310
NET BOOK VALUE
At 30 June 2024 173,552
At 30 June 2023 247,931

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 204,730 238,712
Amounts owed by group undertakings 20,000 40,000
Other debtors 165,646 168,892
390,376 447,604

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts - 1,299
Hire purchase contracts 60,067 107,820
Trade creditors 128,707 111,254
Taxation and social security 81,326 141,174
Other creditors 7,250 8,709
277,350 370,256

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts - 60,067

Included within creditors are amounts owed to Barclays Bank plc on a commercial mortgage amounting to £nil (2023: £1,299). Barclays Bank plc has registered a fixed and floating charge covering all the property and undertakings of the company.

Anilox Laser Technology Ltd (Registered number: 07673641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RESERVES
Fair
value
reserve
£   
At 1 July 2023
and 30 June 2024 41,946

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made loans to A. D. Jewell of £nil (2023 : £30,000) and C. R. Bryant of £nil (2023: £30,000).
The additional loans outstanding at 30th June 2024 were A. D. Jewell £74,000 (2023: £74,000) and C. R. Bryant £50,000 (2023: £50,000)

10. ULTIMATE CONTROLLING PARTY

The company is under the control of A.D. Jewell and C.R. Bryant by virtue of their equal shareholdings and directorships.