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Registration number: 04452868

Semiconductor Metrology Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 May 2025

Semiconductor Metrology Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 8

Semiconductor Metrology Limited

Company Information

Directors | Mr G J Hilton J V Liberda

Company secretary | Mrs E A Hilton

Registered office | Heath House Fleet Hill Finchampstead Berkshire RG40 4LJ

Accountants | Wheeler & Co Limited The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB

Semiconductor Metrology Limited

(Registration number: 04452868)
Abridged Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 175,975 | 19,850
Current assets |  |  |
Stocks | 5 | 420,000 | 592,000
Debtors |  | 79,030 | 69,219
Cash at bank and in hand |  | 27,808 | 463,747
|  | 526,838 | 1,124,966
Prepayments and accrued income |  | 40,020 | 45,152
Creditors: Amounts falling due within one year |  | (148,847) | (256,748)
Net current assets |  | 418,011 | 913,370
Total assets less current liabilities |  | 593,986 | 933,220
Provisions for liabilities |  | (1,800) | (4,400)
Net assets |  | 592,186 | 928,820
Capital and reserves |  |  |
Called up share capital | 6 | 200 | 200
Retained earnings |  | 591,986 | 928,620
Shareholders' funds |  | 592,186 | 928,820

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Semiconductor Metrology Limited

(Registration number: 04452868)
Abridged Balance Sheet as at 31 May 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 February 2026 and signed on its behalf by:

......................................... Mr G J Hilton Director

Semiconductor Metrology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Heath House
Fleet Hill
Finchampstead
Berkshire
RG40 4LJ

These financial statements were authorised for issue by the Board on 19 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Semiconductor Metrology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 33% on cost and 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Semiconductor Metrology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Semiconductor Metrology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

4 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 June 2024 | - | 280,704 | 280,704
Additions | 166,975 | - | 166,975
At 31 May 2025 | 166,975 | 280,704 | 447,679
Depreciation
At 1 June 2024 | - | 260,854 | 260,854
Charge for the year | - | 10,850 | 10,850
At 31 May 2025 | - | 271,704 | 271,704
Carrying amount
At 31 May 2025 | 166,975 | 9,000 | 175,975
At 31 May 2024 | - | 19,850 | 19,850

Included within the net book value of land and buildings above is £166,975 (2024 - £Nil) in respect of freehold land and buildings.

5 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 420,000 | 592,000

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 200 | 200 | 200 | 200

Semiconductor Metrology Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

7 | Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 48,000 | 42,000
Contributions paid to money purchase schemes | - | 120,000
| 48,000 | 162,000

Other transactions with directors

During the year rent of £17,000 (2024 - £17,000) was paid to the Hilton Family SSAS, of which the directors are members and beneficiaries.