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Company Registration No. 12171849 (England and Wales)
Extend Robotics Limited Unaudited accounts for the year ended 31 December 2024
Extend Robotics Limited Unaudited accounts Contents
Page
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Extend Robotics Limited Company Information for the year ended 31 December 2024
Directors
C Liu D J Keen Z Yang
Company Number
12171849 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Extend Robotics Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Extend Robotics Limited for the year ended 31 December 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Extend Robotics Limited, as a body, in accordance with the terms of our engagement letter dated 4 July 2022. Our work has been undertaken solely to prepare for your approval the accounts of Extend Robotics Limited and state those matters that we have agreed to state to the Board of Directors of Extend Robotics Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Extend Robotics Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Extend Robotics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Extend Robotics Limited. You consider that Extend Robotics Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Extend Robotics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Multiply Accountancy Limited Chartered Accountants 71-75 Shelton Street London WC2H 9JQ 1 April 2025
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Extend Robotics Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
403,993 
207,510 
Tangible assets
4,395 
6,191 
408,388 
213,701 
Current assets
Debtors
193,210 
74,042 
Cash at bank and in hand
91,333 
19,772 
284,543 
93,814 
Creditors: amounts falling due within one year
(587,633)
(110,949)
Net current liabilities
(303,090)
(17,135)
Net assets
105,298 
196,566 
Capital and reserves
Called up share capital
1,673 
1,673 
Share premium
572,884 
572,884 
Profit and loss account
(469,259)
(377,991)
Shareholders' funds
105,298 
196,566 
For the year ending 31 December 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 14 April 2025 and were signed on its behalf by
C Liu Director Company Registration No. 12171849
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Extend Robotics Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Extend Robotics Limited is a private company, limited by shares, registered in England and Wales, registration number 12171849. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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
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.
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
33.3% reducing balance
Computer equipment
33.3% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Capitalised R & D costs are amortised over 5 years straight line.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Extend Robotics Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
288,378 
Additions
317,698 
At 31 December 2024
606,076 
Amortisation
At 1 January 2024
80,868 
Charge for the year
121,215 
At 31 December 2024
202,083 
Net book value
At 31 December 2024
403,993 
At 31 December 2023
207,510 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
11,364 
1,708 
13,072 
Additions
2,712 
452 
3,164 
At 31 December 2024
14,076 
2,160 
16,236 
Depreciation
At 1 January 2024
6,135 
746 
6,881 
Charge for the year
4,296 
664 
4,960 
At 31 December 2024
10,431 
1,410 
11,841 
Net book value
At 31 December 2024
3,645 
750 
4,395 
At 31 December 2023
5,229 
962 
6,191 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,408 
- 
Trade debtors
82,864 
32,447 
Accrued income and prepayments
4,661 
5,959 
Other debtors
101,277 
35,636 
193,210 
74,042 
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Extend Robotics Limited Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
44,928 
44,397 
Taxes and social security
12,026 
21,558 
Other creditors
501,644 
294 
Loans from directors
29,035 
29,269 
Accruals
- 
6,650 
Deferred income
- 
8,781 
587,633 
110,949 
8
Average number of employees
During the year the average number of employees was 9 (2023: 11).
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