3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 93,650 66,769 10,406 77,175 16,475 26,881 xbrli:pure xbrli:shares iso4217:GBP 10686847 2024-04-01 2025-03-31 10686847 2025-03-31 10686847 2024-03-31 10686847 2023-04-01 2024-03-31 10686847 2024-03-31 10686847 2023-03-31 10686847 core:MotorVehicles 2024-04-01 2025-03-31 10686847 bus:Director3 2024-04-01 2025-03-31 10686847 core:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 10686847 core:PatentsTrademarksLicencesConcessionsSimilar 2025-03-31 10686847 core:MotorVehicles 2024-03-31 10686847 core:MotorVehicles 2025-03-31 10686847 core:WithinOneYear 2025-03-31 10686847 core:WithinOneYear 2024-03-31 10686847 core:ShareCapital 2025-03-31 10686847 core:ShareCapital 2024-03-31 10686847 core:RetainedEarningsAccumulatedLosses 2025-03-31 10686847 core:RetainedEarningsAccumulatedLosses 2024-03-31 10686847 core:PatentsTrademarksLicencesConcessionsSimilar 2024-04-01 2025-03-31 10686847 core:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 10686847 core:MotorVehicles 2024-03-31 10686847 bus:Director1 2024-04-01 2025-03-31 10686847 bus:SmallEntities 2024-04-01 2025-03-31 10686847 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10686847 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10686847 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10686847 bus:FullAccounts 2024-04-01 2025-03-31 10686847 core:OfficeEquipment 2024-03-31 10686847 core:OfficeEquipment 2024-04-01 2025-03-31 10686847 core:OfficeEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 10686847
Support Robotics Ltd
Filleted Unaudited Financial Statements
For the year ended
31 March 2025
Support Robotics Ltd
Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
£
£
Fixed assets
Intangible assets
5
16,475
26,881
Tangible assets
6
17,651
24,577
--------
--------
34,126
51,458
Current assets
Debtors
7
59,688
125,458
Cash at bank and in hand
155,157
130,521
---------
---------
214,845
255,979
Creditors: amounts falling due within one year
8
160,782
188,501
---------
---------
Net current assets
54,063
67,478
--------
---------
Total assets less current liabilities
88,189
118,936
--------
---------
Net assets
88,189
118,936
--------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
88,089
118,836
--------
---------
Shareholders funds
88,189
118,936
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Support Robotics Ltd
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 28 July 2025 , and are signed on behalf of the board by:
Mr S Holland
Director
Company registration number: 10686847
Support Robotics Ltd
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is St. John's Innovation Centre, Cowley Road, Cambridge, CB4 0WS, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Research and development Research and development expenditure is written off in the period in which it is incurred. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Patents, trademarks and licences
-
Amortised over 9 years
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Equipment
-
25% - 50% Straight line
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Intangible assets
Patents, trademarks and licences
£
Cost
At 1 April 2024 and 31 March 2025
93,650
--------
Amortisation
At 1 April 2024
66,769
Charge for the year
10,406
--------
At 31 March 2025
77,175
--------
Carrying amount
At 31 March 2025
16,475
--------
At 31 March 2024
26,881
--------
6. Tangible assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1 April 2024
27,990
57,095
85,085
Additions
3,111
3,111
--------
--------
--------
At 31 March 2025
27,990
60,206
88,196
--------
--------
--------
Depreciation
At 1 April 2024
12,125
48,383
60,508
Charge for the year
3,967
6,070
10,037
--------
--------
--------
At 31 March 2025
16,092
54,453
70,545
--------
--------
--------
Carrying amount
At 31 March 2025
11,898
5,753
17,651
--------
--------
--------
At 31 March 2024
15,865
8,712
24,577
--------
--------
--------
7. Debtors
2025
2024
£
£
Trade debtors
53,280
77,278
Other debtors
6,408
48,180
--------
---------
59,688
125,458
--------
---------
8. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,093
5,781
Social security and other taxes
22,995
11,632
Other creditors
136,694
171,088
---------
---------
160,782
188,501
---------
---------
9. Other financial commitments
The total future minimum lease payments under non-cancellable operating leases amount to £nil (2024: £ 8,640 ).