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Company Registration No. 05611890 (England and Wales)
Application Specific Technologies Limited Unaudited accounts for the year ended 30 November 2024
Application Specific Technologies Limited Unaudited accounts Contents
Page
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Application Specific Technologies Limited Company Information for the year ended 30 November 2024
Directors
Mr Craig Joseph Ellis Mrs Sharon Ellis
Company Number
05611890 (England and Wales)
Registered Office
Regent House Folds Road Bolton BL1 2RZ England
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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Application Specific Technologies Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,392 
6,022 
Current assets
Debtors
2,820 
2,193 
Cash at bank and in hand
140,407 
123,531 
143,227 
125,724 
Creditors: amounts falling due within one year
(39,429)
(16,017)
Net current assets
103,798 
109,707 
Total assets less current liabilities
109,190 
115,729 
Provisions for liabilities
Deferred tax
(1,024)
(1,144)
Net assets
108,166 
114,585 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
108,064 
114,483 
Shareholders' funds
108,166 
114,585 
For the year ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 17 March 2025 and were signed on its behalf by
Mr Craig Joseph Ellis Director Company Registration No. 05611890
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Application Specific Technologies Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Application Specific Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 05611890. The registered office is Regent House, Folds Road, Bolton, BL1 2RZ, England.
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.
3
Accounting policies
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2023
18,177 
Additions
291 
At 30 November 2024
18,468 
Depreciation
At 1 December 2023
12,155 
Charge for the year
921 
At 30 November 2024
13,076 
Net book value
At 30 November 2024
5,392 
At 30 November 2023
6,022 
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Application Specific Technologies Limited Notes to the Accounts for the year ended 30 November 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102 
102 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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