Applied Microfacies Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 8411827

Applied Microfacies Ltd

Filleted Unaudited Financial Statements

28 February 2026

Applied Microfacies Ltd

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		2,950	2,940

Current assets

Debtors	5	247	247
Cash at bank and in hand		7,503	18,028
		-------	--------
		7,750	18,275

Creditors: amounts falling due within one year
Trade creditors	876		–
Accruals and deferred income	702		840
	-------		--------
	1,578		840
	-------		--------
Net current assets		6,172	17,435
		-------	--------
Total assets less current liabilities		9,122	20,375

Creditors: amounts falling due after more than one year	6	373	232
		-------	--------
Net assets		8,749	20,143
		-------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	8,649	20,043
	-------	--------
Shareholders funds	8,749	20,143
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Applied Microfacies Ltd

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 7 June 2026 , and are signed on behalf of the board by:

Mr G W Hughes

Director

Company registration number: 8411827

Applied Microfacies Ltd

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Hall Square, Denbigh, Denbighshire, LL16 3NU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Corporation tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & fitting	-	25% straight line
Office equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 March 2025	478	30,534	31,012
Additions	–	2,625	2,625
	----	--------	--------
At 28 February 2026	478	33,159	33,637
	----	--------	--------
Depreciation
At 1 March 2025	478	27,594	28,072
Charge for the year	–	2,615	2,615
	----	--------	--------
At 28 February 2026	478	30,209	30,687
	----	--------	--------
Carrying amount
At 28 February 2026	–	2,950	2,950
	----	--------	--------
At 28 February 2025	–	2,940	2,940
	----	--------	--------

5. Debtors

	2026	2025
	£	£
Other debtors	247	247
	----	----

6. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	373	232
	----	----

7. Directors' advances, credits and guarantees

No Directors advances, credits or guarantees incurred during the year.

8. Related party transactions

The company was under the control of Mr Wyn Hughes throughout the current and previous year. Mr Wyn Hughes is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.