REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 August 2022 |
|
for |
|
Additive Manufacturing Materials Ltd |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 August 2022 |
|
for |
|
Additive Manufacturing Materials Ltd |
Additive Manufacturing Materials Ltd (Registered number: 10320811) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 August 2022 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Report of the Accountants | 2 |
|
Balance Sheet | 3 |
|
Notes to the Financial Statements | 4 |
|
Additive Manufacturing Materials Ltd |
|
Company Information |
for the Year Ended 31 August 2022 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
12 Park Lane |
Tilehurst |
Reading |
Berkshire |
RG31 5DL |
Additive Manufacturing Materials Ltd |
|
Report of the Accountants to the Directors of |
Additive Manufacturing Materials Ltd |
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
|
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2022 set out on pages nil to nil and you consider that the company is exempt from an audit. |
|
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
|
|
|
|
|
|
|
12 Park Lane |
Tilehurst |
Reading |
Berkshire |
RG31 5DL |
|
|
Date: ............................................. |
Additive Manufacturing Materials Ltd (Registered number: 10320811) |
|
Balance Sheet |
31 August 2022 |
|
2022 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks | 3 |
|
|
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
|
Retained earnings | 7 |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors and authorised for issue on
|
|
|
|
|
|
|
Additive Manufacturing Materials Ltd (Registered number: 10320811) |
|
Notes to the Financial Statements |
for the Year Ended 31 August 2022 |
|
1. | ACCOUNTING POLICIES |
|
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
|
|
TURNOVER |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
|
STOCKS |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
|
TAXATION |
Taxation for the year comprises current 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 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. |
|
2. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
3. | STOCKS |
2022 | 2021 |
£ | £ |
Stock |
|
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
Prepayments |
|
|
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
|
|
Corporation Tax |
|
|
VAT | 382 | 5,848 |
Directors' current accounts | 2 | 11,947 |
Accrued expenses |
|
|
|
|
Additive Manufacturing Materials Ltd (Registered number: 10320811) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2022 |
|
6. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
|
Ordinary | £1 | 100 | 100 |
|
7. | RESERVES |
Retained |
earnings |
£ |
|
At 1 September 2021 |
|
Profit for the year |
|
Dividends | ( |
) |
At 31 August 2022 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
During the year, Dividend of £25,000 (2021- £25,000) was declared to Mr. Andrew Charles Duncan Chantrill who is also a director of the company. |
|
9. | EVENT DURING THE REPORTING PERIOD |
|
For the year ended on 31st August 2022, the Coronavirus (COVID-19) continued to have a significant impact on businesses worldwide. As a result some business operations have been restricted, however the entity continues to operate using alternative methods and remote working. The directors are unable to evaluate the overall financial impact on the business at present. Hence the financial statements do not include any adjustments that might result from the outcome of this uncertainty. The directors are continuing to monitor, assess and act with reference to the current changing environment in order to position the company to ensure its future success. |
|
10. | ULTIMATE CONTROLLING PARTY |
|
The company is under the control of Mr Andrew Charles Duncan Chantrill who owns 100% of the issued share capital of the company. Mr Andrew Charles Duncan Chantrill is also director of the company. |