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REGISTERED NUMBER: 04111345 (England and Wales)















SUFFOLK AUTOMATION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2024






SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


SUFFOLK AUTOMATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: S A Chisnall
M A Chisnall





REGISTERED OFFICE: Unit 4, Hadleigh Enterprise Park
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RJ





REGISTERED NUMBER: 04111345 (England and Wales)

SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 2,016 2,464
Tangible assets 5 51,421 63,760
53,437 66,224

CURRENT ASSETS
Stocks 85,849 88,213
Debtors 6 411,676 587,532
Cash at bank 813,200 475,550
1,310,725 1,151,295
CREDITORS
Amounts falling due within one year 7 (255,036 ) (186,173 )
NET CURRENT ASSETS 1,055,689 965,122
TOTAL ASSETS LESS CURRENT LIABILITIES 1,109,126 1,031,346

PROVISIONS FOR LIABILITIES (12,855 ) (12,114 )
NET ASSETS 1,096,271 1,019,232

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,096,071 1,019,032
1,096,271 1,019,232

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

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

SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

BALANCE SHEET - continued
30 APRIL 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 9 January 2025 and were signed on its behalf by:





M A Chisnall - Director


SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Suffolk Automation Limited 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.

For the purposes of presentation, the financial statements are rounded to the nearest 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website design and development is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 33% 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.


SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 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
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 12 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Website
design
and
development
£   
COST
At 1 May 2023
and 30 April 2024 4,480
AMORTISATION
At 1 May 2023 2,016
Amortisation for year 448
At 30 April 2024 2,464
NET BOOK VALUE
At 30 April 2024 2,016
At 30 April 2023 2,464

SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 33,655 39,007 51,115 5,510 129,287
Additions 1,308 1,105 32,795 3,362 38,570
Disposals (235 ) (21,207 ) (32,795 ) (1,676 ) (55,913 )
At 30 April 2024 34,728 18,905 51,115 7,196 111,944
DEPRECIATION
At 1 May 2023 31,511 26,458 6,652 906 65,527
Charge for year 437 1,967 9,129 1,081 12,614
Eliminated on disposal (111 ) (14,494 ) (2,460 ) (553 ) (17,618 )
At 30 April 2024 31,837 13,931 13,321 1,434 60,523
NET BOOK VALUE
At 30 April 2024 2,891 4,974 37,794 5,762 51,421
At 30 April 2023 2,144 12,549 44,463 4,604 63,760

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 170,073 326,331
Other debtors 201,302 181,266
371,375 507,597

Amounts falling due after more than one year:
Other debtors 40,301 79,935

Aggregate amounts 411,676 587,532

SUFFOLK AUTOMATION LIMITED (REGISTERED NUMBER: 04111345)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84,575 130,281
Taxation and social security 161,085 46,711
Other creditors 9,376 9,181
255,036 186,173

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 9,669 9,669
Between one and five years 16,885 26,554
26,554 36,223