Company Registration No. 5109687 (England and Wales)
Aerospace Metrology & Electromechanical Calibration Limited
Unaudited accounts
for the year ended 30 April 2024
Aerospace Metrology & Electromechanical Calibration Limited
Statement of financial position
as at 30 April 2024
Tangible assets
110,073
129,498
Cash at bank and in hand
315,292
217,984
Creditors: amounts falling due within one year
(133,279)
(54,300)
Net current assets
303,552
270,259
Total assets less current liabilities
413,625
399,757
Provisions for liabilities
Deferred tax
(21,253)
(23,917)
Net assets
392,372
375,840
Called up share capital
2
2
Profit and loss account
392,370
375,838
Shareholders' funds
392,372
375,840
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by
Stephen Oxborough
Director
Company Registration No. 5109687
Aerospace Metrology & Electromechanical Calibration Limited
Notes to the Accounts
for the year ended 30 April 2024
Aerospace Metrology & Electromechanical Calibration Limited is a private company, limited by shares, registered in England and Wales, registration number 5109687. The registered office is Met Cal House, Fisher Street, Newcastle Upon Tyne, Tyne & Wear, NE6 4LT.
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:
Land & buildings
15% on reducing balance
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
98,168
245,280
30,213
373,661
At 30 April 2024
98,168
245,280
30,213
373,661
At 1 May 2023
77,381
141,827
24,955
244,163
Charge for the year
3,118
15,518
789
19,425
At 30 April 2024
80,499
157,345
25,744
263,588
At 30 April 2024
17,669
87,935
4,469
110,073
At 30 April 2023
20,787
103,453
5,258
129,498
Aerospace Metrology & Electromechanical Calibration Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
114,184
86,928
Accrued income and prepayments
5,365
2,856
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
12,348
4,420
Taxes and social security
28,016
3,431
Proposed dividends
44,000
-
Loans from directors
11
74
7
Average number of employees
During the year the average number of employees was 11 (2023: 8).