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REGISTERED NUMBER: 07854186 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

CONVEYOR TECHNOLOGY LIMITED

CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONVEYOR TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: David Michael Hall
Christopher Hall
Stefan Paciukanis





SECRETARY: Nicola Victoria Hiley





REGISTERED OFFICE: Unit 3
Holmfield Industrial Estate
Holmfield
Halifax
HX2 9TN





REGISTERED NUMBER: 07854186 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor Offices, Unit A4
Old Power Way
Lowfields Business Park
Elland
HX5 9DE

CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 27,844 27,548

CURRENT ASSETS
Inventories 143,772 73,332
Debtors 5 182,600 207,564
Cash at bank 247,171 244,628
573,543 525,524
CREDITORS
Amounts falling due within one year 6 216,950 177,499
NET CURRENT ASSETS 356,593 348,025
TOTAL ASSETS LESS CURRENT
LIABILITIES

384,437

375,573

PROVISIONS FOR LIABILITIES 6,479 4,460
NET ASSETS 377,958 371,113

CAPITAL AND RESERVES
Called up share capital 500 500
Profit and loss account 377,458 370,613
377,958 371,113

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

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

CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)

BALANCE SHEET - continued
30 NOVEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:





Stefan Paciukanis - Director


CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)

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

1. STATUTORY INFORMATION

Conveyor Technology 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
Revenue 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 the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost

STOCKS
Inventories 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.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)

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

2. ACCOUNTING POLICIES - continued

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 6 (2023 - 6 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 December 2023 36,148 58,084 25,235 24,150 143,617
Additions - 1,600 1,870 9,750 13,220
Disposals - (2,000 ) - - (2,000 )
At 30 November 2024 36,148 57,684 27,105 33,900 154,837
DEPRECIATION
At 1 December 2023 33,676 50,850 19,477 12,066 116,069
Charge for year 547 2,599 3,611 5,000 11,757
Eliminated on disposal - (833 ) - - (833 )
At 30 November 2024 34,223 52,616 23,088 17,066 126,993
NET BOOK VALUE
At 30 November 2024 1,925 5,068 4,017 16,834 27,844
At 30 November 2023 2,472 7,234 5,758 12,084 27,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 170,331 195,865
Other debtors 12,269 11,699
182,600 207,564

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 114,012 75,025
Trade creditors 61,519 80,399
Taxation and social security 30,581 6,579
Other creditors 10,838 15,496
216,950 177,499

CONVEYOR TECHNOLOGY LIMITED (REGISTERED NUMBER: 07854186)

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

7. PENSION COMMITMENTS

The amount recognised in profit and loss as an expense in relation to defined contribution pension
schemes was £12,165 (2023 - £9515).