REGISTERED NUMBER: 10560954 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Artemis Adjusting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Hewett

S Trood

J N Davies

M R Livingstone

REGISTERED OFFICE:

3 Harrowden Road

Brackmills Industrial Estate

Northampton

NN4 7EB

REGISTERED NUMBER:

10560954 (England and Wales)

ACCOUNTANTS:

Harris & Co

Chartered Accountants

2 Pavilion Court

600 Pavilion Drive

Northampton

NN4 7SL

FIXED ASSETS

Tangible assets

4

284,478

235,707

CURRENT ASSETS

Stocks

1,303,570

1,020,125

Debtors

5

2,247,495

2,264,150

Cash at bank

570,546

414,922

4,121,611

3,699,197

CREDITORS

Amounts falling due within one year

6

(1,774,748

)

(1,799,068

)

NET CURRENT ASSETS

2,346,863

1,900,129

TOTAL ASSETS LESS CURRENT LIABILITIES

2,631,341

2,135,836

CREDITORS

Amounts falling due after more than one year

7

(43,128

)

(18,860

)

NET ASSETS

2,588,213

2,116,976

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,588,113

2,116,876

SHAREHOLDERS' FUNDS

2,588,213

2,116,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

S Trood - Director

1.	STATUTORY INFORMATION

Artemis Adjusting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

324,050

Additions

141,366

Transfer to ownership

(76,017

)

At 30 September 2025

389,399

DEPRECIATION

At 1 October 2024

88,343

Charge for year

92,595

Transfer to ownership

(76,017

)

At 30 September 2025

104,921

NET BOOK VALUE

At 30 September 2025

284,478

At 30 September 2024

235,707

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2024

119,772

Additions

46,051

Transfer to ownership

(76,017

)

At 30 September 2025

89,806

DEPRECIATION

At 1 October 2024

61,586

Charge for year

58,541

Transfer to ownership

(76,017

)

At 30 September 2025

44,110

NET BOOK VALUE

At 30 September 2025

45,696

At 30 September 2024

58,186

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,140,094

1,165,630

Amounts owed by group undertakings

584,355

508,831

Other debtors

523,046

589,689

2,247,495

2,264,150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

54,524

27,407

Trade creditors

844,101

902,853

Taxation and social security

747,449

767,848

Other creditors

128,674

100,960

1,774,748

1,799,068

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

43,128

6,559

Other creditors

-

12,301

43,128

18,860