IRIS Accounts Production v25.1.4.42 01849846 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018498462023-09-30018498462024-09-30018498462023-10-012024-09-30018498462022-09-30018498462022-10-012023-09-30018498462023-09-3001849846ns15:EnglandWales2023-10-012024-09-3001849846ns14:PoundSterling2023-10-012024-09-3001849846ns10:Director12023-10-012024-09-3001849846ns10:Director22023-10-012024-09-3001849846ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001849846ns10:SmallEntities2023-10-012024-09-3001849846ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3001849846ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001849846ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001849846ns10:FullAccounts2023-10-012024-09-3001849846ns10:OrdinaryShareClass12023-10-012024-09-3001849846ns10:Director32023-10-012024-09-3001849846ns10:CompanySecretary12023-10-012024-09-3001849846ns10:RegisteredOffice2023-10-012024-09-3001849846ns5:CurrentFinancialInstruments2024-09-3001849846ns5:CurrentFinancialInstruments2023-09-3001849846ns5:ShareCapital2024-09-3001849846ns5:ShareCapital2023-09-3001849846ns5:RetainedEarningsAccumulatedLosses2024-09-3001849846ns5:RetainedEarningsAccumulatedLosses2023-09-3001849846ns5:LeaseholdImprovements2023-10-012024-09-3001849846ns5:PlantMachinery2023-10-012024-09-3001849846ns5:FurnitureFittings2023-10-012024-09-3001849846ns5:ComputerEquipment2023-10-012024-09-3001849846ns5:LeaseholdImprovements2023-09-3001849846ns5:PlantMachinery2023-09-3001849846ns5:FurnitureFittings2023-09-3001849846ns5:ComputerEquipment2023-09-3001849846ns5:LeaseholdImprovements2024-09-3001849846ns5:PlantMachinery2024-09-3001849846ns5:FurnitureFittings2024-09-3001849846ns5:ComputerEquipment2024-09-3001849846ns5:LeaseholdImprovements2023-09-3001849846ns5:PlantMachinery2023-09-3001849846ns5:FurnitureFittings2023-09-3001849846ns5:ComputerEquipment2023-09-3001849846ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3001849846ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3001849846ns5:WithinOneYear2024-09-3001849846ns5:WithinOneYear2023-09-3001849846ns5:BetweenOneFiveYears2024-09-3001849846ns5:BetweenOneFiveYears2023-09-3001849846ns5:AllPeriods2024-09-3001849846ns5:AllPeriods2023-09-3001849846ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 01849846 (England and Wales)















KOMBIMATEC MACHINES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






KOMBIMATEC MACHINES LTD (REGISTERED NUMBER: 01849846)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


KOMBIMATEC MACHINES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: D R Parsons
A R Jones
S V Mackey





SECRETARY: D R Parsons





REGISTERED OFFICE: Unit 6a Commerce Way, Leighton Buzzard
Bedfordshire
LU7 4RW





REGISTERED NUMBER: 01849846 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3rd Floor
Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ

KOMBIMATEC MACHINES LTD (REGISTERED NUMBER: 01849846)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,000 10,180

CURRENT ASSETS
Stocks 212,907 277,946
Debtors 5 87,347 88,476
Cash at bank and in hand 338,510 349,689
638,764 716,111
CREDITORS
Amounts falling due within one year 6 327,066 385,372
NET CURRENT ASSETS 311,698 330,739
TOTAL ASSETS LESS CURRENT LIABILITIES 316,698 340,919

PROVISIONS FOR LIABILITIES 243 1,414
NET ASSETS 316,455 339,505

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 306,455 329,505
SHAREHOLDERS' FUNDS 316,455 339,505

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

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

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 13 June 2025 and were signed on its behalf by:




D R Parsons - Director



S V Mackey - Director


KOMBIMATEC MACHINES LTD (REGISTERED NUMBER: 01849846)

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

1. STATUTORY INFORMATION

Kombimatec Machines Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Turnover
Turnover represents amounts charged to customers for goods and services provided during the year, excluding value added tax and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of the goods.

Interest receivable
Interest income is recognised on a basis of when it is received by the company. Any material balances received post year end have been reviewed and included if applicable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 33% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% 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.


KOMBIMATEC MACHINES LTD (REGISTERED NUMBER: 01849846)

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

2. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

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. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 October 2023
and 30 September 2024 14,496 14,719 27,491 19,172 75,878
DEPRECIATION
At 1 October 2023 5,637 14,652 26,454 18,955 65,698
Charge for year 4,832 17 259 72 5,180
At 30 September 2024 10,469 14,669 26,713 19,027 70,878
NET BOOK VALUE
At 30 September 2024 4,027 50 778 145 5,000
At 30 September 2023 8,859 67 1,037 217 10,180

KOMBIMATEC MACHINES LTD (REGISTERED NUMBER: 01849846)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 50,747 51,768
Other debtors 36,600 36,708
87,347 88,476

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 165,106 234,913
Taxation and social security 53,093 46,168
Other creditors 108,867 104,291
327,066 385,372

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 41,600 49,920
Between one and five years - 41,600
41,600 91,520

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Share capital 1 1 10,000 10,000