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REGISTERED NUMBER: 04452868 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st May 2024

for

Semiconductor Metrology Limited

Semiconductor Metrology Limited (Registered number: 04452868)






Contents of the Financial Statements
for the Year Ended 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Semiconductor Metrology Limited

Company Information
for the Year Ended 31st May 2024







DIRECTORS: G J Hilton
J V Liberda





SECRETARY: E A Hilton





REGISTERED OFFICE: Heath House
Fleet Hill
Finchampstead
Berkshire
RG40 4LJ





REGISTERED NUMBER: 04452868 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Semiconductor Metrology Limited (Registered number: 04452868)

Balance Sheet
31st May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,850 50,190

CURRENT ASSETS
Stocks 592,000 592,000
Debtors 5 114,372 264,260
Cash at bank 463,747 309,202
1,170,119 1,165,462
CREDITORS
Amounts falling due within one year 6 256,749 253,993
NET CURRENT ASSETS 913,370 911,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

933,220

961,659

PROVISIONS FOR LIABILITIES 4,400 5,500
NET ASSETS 928,820 956,159

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 928,620 955,959
SHAREHOLDERS' FUNDS 928,820 956,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

Semiconductor Metrology Limited (Registered number: 04452868)

Balance Sheet - continued
31st May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th February 2025 and were signed on its behalf by:





G J Hilton - Director


Semiconductor Metrology Limited (Registered number: 04452868)

Notes to the Financial Statements
for the Year Ended 31st May 2024

1. STATUTORY INFORMATION

Semiconductor Metrology 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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 3 (2023 - 3 ) .

Semiconductor Metrology Limited (Registered number: 04452868)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2023 311,693
Disposals (30,990 )
At 31st May 2024 280,703
DEPRECIATION
At 1st June 2023 261,503
Charge for year 14,850
Eliminated on disposal (15,500 )
At 31st May 2024 260,853
NET BOOK VALUE
At 31st May 2024 19,850
At 31st May 2023 50,190

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 56,196 193,641
Other debtors 200 200
Tax - 1,005
VAT 12,824 25,668
Prepayments and accrued income 45,152 43,746
114,372 264,260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 97,571 138,560
Social security and other taxes 2,576 3,442
Directors' current accounts 147,636 100,202
Accrued expenses 8,966 11,789
256,749 253,993

7. RELATED PARTY DISCLOSURES

During the year rent of £17,000 (2023 - £17,000) was paid to the Hilton Family SSAS, of which the directors are members and beneficiaries.