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REGISTERED NUMBER: 02583968 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Applied Measurements Limited

Applied Measurements Limited (Registered number: 02583968)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Applied Measurements Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: D J Skipp
O J Morcom





REGISTERED OFFICE: 3 Mercury House
Calleva Park
Aldermaston
Reading
Berkshire
RG7 8PN





REGISTERED NUMBER: 02583968 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Applied Measurements Limited (Registered number: 02583968)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 89,669 86,641

CURRENT ASSETS
Stocks 777,619 770,228
Debtors 5 501,612 442,721
Cash at bank and in hand 104,183 69,520
1,383,414 1,282,469
CREDITORS
Amounts falling due within one year 6 868,380 786,873
NET CURRENT ASSETS 515,034 495,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

604,703

582,237

PROVISIONS FOR LIABILITIES 8 22,417 21,660
NET ASSETS 582,286 560,577

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 582,283 560,574
SHAREHOLDERS' FUNDS 582,286 560,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Applied Measurements Limited (Registered number: 02583968)

Balance Sheet - continued
31 March 2025


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 2 June 2025 and were signed on its behalf by:





D J Skipp - Director


Applied Measurements Limited (Registered number: 02583968)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Applied Measurements 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.
Test equipment - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost and 20% on cost

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

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.


Applied Measurements Limited (Registered number: 02583968)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


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, adjusted for indexation where applicable.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 28 ) .

Applied Measurements Limited (Registered number: 02583968)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Test and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 226,634 93,912 7,130 152,326 480,002
Additions 31,315 5,192 - 5,398 41,905
At 31 March 2025 257,949 99,104 7,130 157,724 521,907
DEPRECIATION
At 1 April 2024 191,906 65,987 7,130 128,338 393,361
Charge for year 18,166 8,781 - 11,930 38,877
At 31 March 2025 210,072 74,768 7,130 140,268 432,238
NET BOOK VALUE
At 31 March 2025 47,877 24,336 - 17,456 89,669
At 31 March 2024 34,728 27,925 - 23,988 86,641

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 460,016 388,416
Other debtors 41,596 54,305
501,612 442,721

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 252,863 298,826
Taxation and social security 173,857 166,987
Other creditors 441,660 321,060
868,380 786,873

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 75,861 75,955
Between one and five years 42,938 115,288
118,799 191,243

Applied Measurements Limited (Registered number: 02583968)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 22,417 21,660

Deferred
tax
£   
Balance at 1 April 2024 21,660
Accelerated capital allowances 757
Balance at 31 March 2025 22,417

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
300 Ordinary 1p 3 3

10. RELATED PARTY DISCLOSURES

There is a fixed and floating charge over all assets of the company as a guarantee against the bank borrowings of the parent company, Applied Measurements (Holdings) Limited.

Applied Measurements (Holdings) Limited, a company registered in England and Wales, is the immediate and ultimate parent company.