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Microproc Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14376751
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,545 7,480
Tangible Assets 5 2,382 1,625
8,927 9,105
CURRENT ASSETS
Cash At Bank 11,868 4,380
11,868 4,380
Creditors: Amounts Falling Due Within One Year 6 (4,247 ) (4,395 )
NET CURRENT ASSETS (LIABILITIES) 7,621 (15 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,548 9,090
NET ASSETS 16,548 9,090
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 16,448 8,990
SHAREHOLDERS' FUNDS 16,548 9,090
Page 1
Page 2
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D Ibrahim
Director
27/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Microproc Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14376751 . The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of 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.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office Equipment & Equipment 25% on reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 9,350
As at 30 September 2025 9,350
Amortisation
As at 1 October 2024 1,870
Provided during the period 935
As at 30 September 2025 2,805
Net Book Value
As at 30 September 2025 6,545
As at 1 October 2024 7,480
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2024 1,625
Additions 1,551
As at 30 September 2025 3,176
Depreciation
As at 1 October 2024 -
Provided during the period 794
As at 30 September 2025 794
Net Book Value
As at 30 September 2025 2,382
As at 1 October 2024 1,625
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 1,008 828
Taxation and social security 3,239 3,567
4,247 4,395
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5