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Registered number: 06493625
Expert CNC Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06493625
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,833 4,083
Tangible Assets 5 16,585 21,293
20,418 25,376
CURRENT ASSETS
Debtors 6 (1,502 ) 366
(1,502 ) 366
Creditors: Amounts Falling Due Within One Year 7 (61,429 ) (51,859 )
NET CURRENT ASSETS (LIABILITIES) (62,931 ) (51,493 )
TOTAL ASSETS LESS CURRENT LIABILITIES (42,513 ) (26,117 )
NET LIABILITIES (42,513 ) (26,117 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (43,513 ) (27,117 )
SHAREHOLDERS' FUNDS (42,513) (26,117)
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.
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 David Shore
Director
10/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Expert CNC Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06493625 . The registered office is 20B Blackmoor Road, Verwood, BH31 6BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 Profit and Loss Account over its estimated economic life of 5 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:
Plant & Machinery 5 Years
Motor Vehicles 4 Years
Computer Equipment 3 Years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 5,000
As at 31 March 2025 5,000
Amortisation
As at 1 April 2024 917
Provided during the period 250
As at 31 March 2025 1,167
Net Book Value
As at 31 March 2025 3,833
As at 1 April 2024 4,083
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Page 3
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 88,758 6,000 6,324 101,082
Disposals (13,995 ) - (6,175 ) (20,170 )
As at 31 March 2025 74,763 6,000 149 80,912
Depreciation
As at 1 April 2024 69,375 4,954 5,460 79,789
Provided during the period (10,413 ) 262 (5,311 ) (15,462 )
As at 31 March 2025 58,962 5,216 149 64,327
Net Book Value
As at 31 March 2025 15,801 784 - 16,585
As at 1 April 2024 19,383 1,046 864 21,293
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors (2,679 ) 366
VAT 1,177 -
(1,502 ) 366
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (764 ) (678 )
Bank loans and overdrafts 18,159 12,469
VAT - 470
Other creditors 44,034 39,598
61,429 51,859
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 3