Machine Assist Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05590299 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Machine Assist Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T M Armitage

SECRETARY:

Mrs N I Armitage

REGISTERED OFFICE:

Permanent House

1 Dundas Street

Huddersfield

HD1 2EX

REGISTERED NUMBER:

05590299 (England and Wales)

CURRENT ASSETS

Debtors

5

25,155

28,135

Cash at bank

25,421

10,821

50,576

38,956

CREDITORS

Amounts falling due within one year

6

38,179

22,610

NET CURRENT ASSETS

12,397

16,346

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,397

16,346

CREDITORS

Amounts falling due after more than one
year

7

-

11,704

NET ASSETS

12,397

4,642

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

12,297

4,542

SHAREHOLDERS' FUNDS

12,397

4,642

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th November 2025 and were signed by:

T M Armitage - Director

1.	STATUTORY INFORMATION

Machine Assist 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

25% on Reducing Balance

No depreciation has been provided in the year. Tangible fixed assets were fully depreciated in the prior year.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statements if financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

7,040

DEPRECIATION

At 1st April 2024

and 31st March 2025

7,040

NET BOOK VALUE

At 31st March 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

7,713

9,135

Other debtors

17,442

19,000

25,155

28,135

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

11,482

2,000

Taxation and social security

22,358

17,153

Other creditors

4,339

3,457

38,179

22,610

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

-

11,704

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years by instalments

-

3,704

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

75

NIL

'A' Ordinary

£1

-

25

100

On 13 December 2024, the 'A' Ordinary Shares were reclassified as Ordinary Shares

9.	ULTIMATE CONTROLLING PARTY

The controlling party is T M Armitage.