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Company Registration No. 04567109 (England and Wales)
Sensatec Ltd Unaudited accounts for the year ended 31 January 2024
Sensatec Ltd Unaudited accounts Contents
Page
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Sensatec Ltd Company Information for the year ended 31 January 2024
Director
Mr Ian William Barwick
Company Number
04567109 (England and Wales)
Registered Office
Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Sensatec Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,368 
1,767 
Current assets
Inventories
5,273 
4,974 
Debtors
107,681 
11,886 
Cash at bank and in hand
102,476 
97,636 
215,430 
114,496 
Creditors: amounts falling due within one year
(188,111)
(53,137)
Net current assets
27,319 
61,359 
Total assets less current liabilities
28,687 
63,126 
Creditors: amounts falling due after more than one year
(25,833)
(35,833)
Provisions for liabilities
Deferred tax
(375)
(336)
Net assets
2,479 
26,957 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,379 
26,857 
Shareholders' funds
2,479 
26,957 
For the year ending 31 January 2024 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 his 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 30 October 2024 and were signed on its behalf by
Mr Ian William Barwick Director Company Registration No. 04567109
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Sensatec Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Sensatec Ltd is a private company, limited by shares, registered in England and Wales, registration number 04567109. The registered office is Morritt House, 54-60 Station Approach, South Ruislip, Ruislip, HA4 6SA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
20% Reducing balance
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Sensatec Ltd Notes to the Accounts for the year ended 31 January 2024
Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
11,718 
4,480 
7,230 
9,636 
33,064 
Additions
- 
- 
- 
606 
606 
At 31 January 2024
11,718 
4,480 
7,230 
10,242 
33,670 
Depreciation
At 1 February 2023
11,313 
4,362 
6,996 
8,626 
31,297 
Charge for the year
405 
118 
233 
249 
1,005 
At 31 January 2024
11,718 
4,480 
7,229 
8,875 
32,302 
Net book value
At 31 January 2024
- 
- 
1 
1,367 
1,368 
At 31 January 2023
405 
118 
234 
1,010 
1,767 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
107,681 
4,037 
Accrued income and prepayments
- 
49 
Other debtors
- 
7,800 
107,681 
11,886 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
33,422 
12,846 
Trade creditors
- 
212 
Taxes and social security
43,154 
33,698 
Other creditors
88,454 
5,009 
Loans from directors
23,081 
1,372 
188,111 
53,137 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,833 
35,833 
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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