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REGISTERED NUMBER: 03887898 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

FOR

ANCHOR MANUFACTURING LIMITED

ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANCHOR MANUFACTURING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024







DIRECTOR: Mr S K Linaker





SECRETARY: Mr S K Linaker





REGISTERED OFFICE: 70 Broad Oaks
Attercliffe
Sheffield
South Yorkshire
S9 3HJ





REGISTERED NUMBER: 03887898 (England and Wales)

ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)

BALANCE SHEET
30 MARCH 2024

30.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,197 4,065

CURRENT ASSETS
Debtors 5 7,281 31,530
Cash at bank 21,901 24,718
29,182 56,248
CREDITORS
Amounts falling due within one year 6 43,632 49,225
NET CURRENT (LIABILITIES)/ASSETS (14,450 ) 7,023
TOTAL ASSETS LESS CURRENT LIABILITIES (11,253 ) 11,088

PROVISIONS FOR LIABILITIES - 772
NET (LIABILITIES)/ASSETS (11,253 ) 10,316

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings (11,255 ) 10,314
SHAREHOLDERS' FUNDS (11,253 ) 10,316

ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)

BALANCE SHEET - continued
30 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 28 March 2025 and were signed by:





Mr S K Linaker - Director


ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

1. STATUTORY INFORMATION

Anchor Manufacturing 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the period 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.

ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 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 period 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.

Going concern
The accounts have been prepared on a going concern basis as the director has indicated a willingness to support the company financially for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023
and 30 March 2024 7,500 3,500 11,000
DEPRECIATION
At 1 April 2023 4,543 2,392 6,935
Charge for period 591 277 868
At 30 March 2024 5,134 2,669 7,803
NET BOOK VALUE
At 30 March 2024 2,366 831 3,197
At 31 March 2023 2,957 1,108 4,065

ANCHOR MANUFACTURING LIMITED (REGISTERED NUMBER: 03887898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 MARCH 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Trade debtors 3,141 10,301
Other debtors 1,045 -
Directors' current accounts 3,095 18,395
Tax - 2,834
7,281 31,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Trade creditors 27,195 33,393
Corporation tax 1,045 451
Social security and other taxes 1,874 1,162
VAT 8,042 10,017
Other creditors 1,502 1,502
Accruals and deferred income 3,974 2,700
43,632 49,225

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 March 2024 and the year ended 31 March 2023:

30.3.24 31.3.23
£    £   
Mr S K Linaker
Balance outstanding at start of period 18,395 -
Amounts advanced 19,700 18,395
Amounts repaid (35,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 3,095 18,395