Silverfin false false 31/05/2024 01/06/2023 31/05/2024 C Guy 19/02/2018 M Guy 21/04/2022 T Guy 21/04/2022 14 November 2024 The principal activity of the Company during the financial year is the provision of technical engineers. 04789571 2024-05-31 04789571 bus:Director1 2024-05-31 04789571 bus:Director2 2024-05-31 04789571 bus:Director3 2024-05-31 04789571 core:CurrentFinancialInstruments 2024-05-31 04789571 core:CurrentFinancialInstruments 2023-05-31 04789571 2023-05-31 04789571 core:ShareCapital 2024-05-31 04789571 core:ShareCapital 2023-05-31 04789571 core:RetainedEarningsAccumulatedLosses 2024-05-31 04789571 core:RetainedEarningsAccumulatedLosses 2023-05-31 04789571 core:ComputerEquipment 2023-05-31 04789571 core:ComputerEquipment 2024-05-31 04789571 2023-06-01 2024-05-31 04789571 bus:FilletedAccounts 2023-06-01 2024-05-31 04789571 bus:SmallEntities 2023-06-01 2024-05-31 04789571 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 04789571 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04789571 bus:Director1 2023-06-01 2024-05-31 04789571 bus:Director2 2023-06-01 2024-05-31 04789571 bus:Director3 2023-06-01 2024-05-31 04789571 core:ComputerEquipment core:TopRangeValue 2023-06-01 2024-05-31 04789571 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Company No: 04789571 (England and Wales)

AMTEK TECHNICAL RESOURCES LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

AMTEK TECHNICAL RESOURCES LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

AMTEK TECHNICAL RESOURCES LIMITED

BALANCE SHEET

As at 31 May 2024
AMTEK TECHNICAL RESOURCES LIMITED

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Current assets
Debtors 4 3,172 0
Cash at bank and in hand 8,911 13,961
12,083 13,961
Creditors: amounts falling due within one year 5 ( 9,726) ( 20,205)
Net current assets/(liabilities) 2,357 (6,244)
Total assets less current liabilities 2,357 (6,244)
Net assets/(liabilities) 2,357 ( 6,244)
Capital and reserves
Called-up share capital 1 1
Profit and loss account 2,356 ( 6,245 )
Total shareholder's funds/(deficit) 2,357 ( 6,244)

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Amtek Technical Resources Limited (registered number: 04789571) were approved and authorised for issue by the Board of Directors on 14 November 2024. They were signed on its behalf by:

C Guy
Director
AMTEK TECHNICAL RESOURCES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
AMTEK TECHNICAL RESOURCES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Amtek Technical Resources Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 10 Whittle Road, Ferndown Industrial Estate, Wimborne, BH21 7RU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 June 2023 17,456 17,456
At 31 May 2024 17,456 17,456
Accumulated depreciation
At 01 June 2023 17,456 17,456
At 31 May 2024 17,456 17,456
Net book value
At 31 May 2024 0 0
At 31 May 2023 0 0

4. Debtors

2024 2023
£ £
Trade debtors 3,172 0

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 9,000 18,000
Other taxation and social security 152 1,655
Other creditors 574 550
9,726 20,205