Company Registration No. 12250664 (England and Wales)
Sensor-Link Technologies Ltd
Unaudited accounts
for the year ended 31 October 2023
Sensor-Link Technologies Ltd
Unaudited accounts
Contents
Sensor-Link Technologies Ltd
Company Information
for the year ended 31 October 2023
Company Number
12250664 (England and Wales)
Registered Office
REGENT HOUSE BROOKENBY BUSINESS PARK
BINBROOK
MARKET RASEN
LINCOLNSHIRE
LN8 6HF
UNITED KINGDOM
Accountants
Elliott Accountancy Services Ltd
Rosemary Cottage
Barkwith Road
South Willingham
Lincolnshire
LN8 6NN
Sensor-Link Technologies Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
7,600
-
Creditors: amounts falling due within one year
(33,854)
(3,774)
Net current assets
12,457
36,665
Total assets less current liabilities
29,760
36,731
Creditors: amounts falling due after more than one year
(43,365)
(50,000)
Net liabilities
(13,605)
(13,269)
Called up share capital
100
100
Profit and loss account
(13,705)
(13,369)
Shareholders' funds
(13,605)
(13,269)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 October 2024 and were signed on its behalf by
Samantha Coulam
Director
Company Registration No. 12250664
Sensor-Link Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2023
Sensor-Link Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 12250664. The registered office is REGENT HOUSE BROOKENBY BUSINESS PARK, BINBROOK, MARKET RASEN, LINCOLNSHIRE, LN8 6HF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,274
-
1,275
2,549
Additions
2,083
24,391
-
26,474
At 31 October 2023
3,357
24,391
1,275
29,023
At 1 November 2022
1,208
-
1,275
2,483
Charge for the year
1,107
8,130
-
9,237
At 31 October 2023
2,315
8,130
1,275
11,720
At 31 October 2023
1,042
16,261
-
17,303
At 31 October 2022
66
-
-
66
Sensor-Link Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Other debtors
35,797
37,525
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
1,115
Obligations under finance leases and hire purchase contracts
11,994
-
Taxes and social security
391
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 1).