Registered number
08357390
The 3D Measurement Company Limited
Unaudited Filleted Accounts
31 December 2024
The 3D Measurement Company Limited
Registered number: 08357390
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 320,404 316,767
Current assets
Debtors 5 120,053 191,095
Cash at bank and in hand 318,941 205,877
438,994 396,972
Creditors: amounts falling due within one year 6 (371,130) (293,217)
Net current assets 67,864 103,755
Total assets less current liabilities 388,268 420,522
Creditors: amounts falling due after more than one year 7 (68,458) (148,515)
Provisions for liabilities (62,005) (43,319)
Net assets 257,805 228,688
Capital and reserves
Called up share capital 2 2
Profit and loss account 257,803 228,686
Shareholders' funds 257,805 228,688
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A L Stanley
Director
Approved by the board on 23 September 2025
The 3D Measurement Company Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery 10%, 20% or 25% on cost
Office and computer equipment over 5 years
Motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 10 7
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2024 20,000
At 31 December 2024 20,000
Amortisation
At 1 January 2024 20,000
At 31 December 2024 20,000
Net book value
At 31 December 2024 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 January 2024 21,328 516,867 229,644 767,839
Additions - 80,523 - 80,523
At 31 December 2024 21,328 597,390 229,644 848,362
Depreciation
At 1 January 2024 16,436 377,563 57,073 451,072
Charge for the year 2,447 32,029 42,410 76,886
At 31 December 2024 18,883 409,592 99,483 527,958
Net book value
At 31 December 2024 2,445 187,798 130,161 320,404
At 31 December 2023 4,892 139,304 172,571 316,767
5 Debtors 2024 2023
£ £
Trade debtors 109,331 156,971
Other debtors 10,722 34,124
120,053 191,095
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 25,302 24,514
Obligations under finance lease and hire purchase contracts 54,324 12,399
Trade creditors 56,242 85,036
Taxation and social security costs 157,270 90,304
Other creditors 77,992 80,964
371,130 293,217
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 43,986 69,288
Obligations under finance lease and hire purchase contracts 24,472 79,227
68,458 148,515
All hire purchase contracts are secured on the assets to which they relate.
8 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 43,986 68,802
The bank loan is secured by a fixed and floating charge over the assets of the company.
9 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases 19,538 21,875
10 Other information
The 3D Measurement Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
Portland House
21 Narborough Road
Cosby
Leicester
LE9 1TA
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