Almath Crucibles Limited - Filleted accounts

Registered number

03167902

Almath Crucibles Limited

Filleted Accounts

30 April 2025

Almath Crucibles Limited
Registered number:		03167902
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		377,655			319,829

Current assets
Stocks		25,000			24,500
Debtors	4	163,050			319,171
Cash at bank and in hand		161,724			90,335
		349,774			434,006

Creditors: amounts falling due within one year	5	(270,638)			(436,906)

Net current assets/(liabilities)			79,136			(2,900)

Total assets less current liabilities			456,791			316,929


Provisions for liabilities			(75,180)			-


Net assets			381,611			316,929

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			371,611			306,929

Shareholders' funds			381,611			316,929

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.




M Misson
Director
Approved by the board on 17 December 2025

Almath Crucibles Limited
Notes to the Accounts
for the year ended 30 April 2025


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 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 ofcompletion 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.

	Going Concern
	The financial statements have been prepared on a going concern basis. The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.

	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:

	Plant & Machinery	25% reducing balance
	Motor Vehicles	25% reducing balance
	Fixtures & Fittings	25% reducing balance


	Stocks
	Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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			2025		2024
Number					Number

	Average number of persons employed by the company			15		11



3	Taxation			2025		2024
£					£

	Current year corporation tax charge			131,326		24,673
	Deferred Tax on timing differences			75,180	-

				206,506		24,673
3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 May 2024	680,224		106,900		787,124
	Additions	129,048		-		129,048
	At 30 April 2025	809,272		106,900		916,172

	Depreciation
	At 1 May 2024	427,152		40,143		467,295
	Charge for the year	58,705		12,517		71,222
	At 30 April 2025	485,857		52,660		538,517

	Net book value
	At 30 April 2025	323,415		54,240		377,655
	At 30 April 2024	253,072		66,757		319,829


4	Debtors			2025		2024
£					£

	Trade debtors			32,725		286,122
	Other debtors			130,325		33,049
				163,050		319,171


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			28,241		93,950
	Obligations under finance lease and hire purchase contracts			50,396		5,016
	Trade creditors			40,359		255,818
	Taxation and social security costs			141,685		60,913
	Other creditors			9,957		21,209
				270,638		436,906



6	Other information

	Almath Crucibles Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2a Epsom Building
	The Running Horse
	Burrough Green
	Newmarket
	CB8 9NE