pinacle - Company Accounts (iXBRL 6.0.18)

AUTOPOIETIC TELEMETRIC SOLUTIONS LTD

FILLETED FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2019

Company Registration Number - 07389388

G R STENTON & CO

Accountants

	1.
AUTOPOITIC TELEMETRIC SOLUTIONS LTD
COMPANY NUMBER - 07389388
Balance sheet as at 30 September 2019

			2019		2018
			----		----

Notes

£

£

£

£

FIXED ASSETS
Tangible assets	4		35,772		63,826
Current assets
Debtors	5	8,554		2,144
Cash at bank and in hand		57,679		28,936
		66,233		31,080
Current liabilities
Creditors - Amounts
falling due within one year	6	( 4,828)		18,786
NET CURRENT ASSETS			71,061		12,294
Total assets less current liabilities			106,833		76,120
Creditors - Amounts falling
due after more than one year	6	1,328,093		1,328,093
Provisions for liabilities
Deferred taxation	7	(9,106)		(3,527)
			(1,318,987)		(1,324,566)
Net liabilities			( 1,212,154)		( 1,248,446)

	2.
AUTOPOITIC TELEMETRIC SOLUTIONS LTD
COMPANY NUMBER - 07389388
Balance sheet as at 30 September 2019

			2019		2018
			----		----
	Notes		£		£

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss account			(1,212,254)		(1,248,546)
Shareholders' funds			( 1,212,154)		( 1,248,446)

These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies. In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.

For the financial year ended 30 September 2019, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.

The members have not required the company to obtain an audit.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Approved by the board of directors on 03 August 2020
and signed on their behalf by:
PHILLIP LESLIE TANN
The notes on pages 3 to 5 form an integral part of these accounts.

	3.
AUTOPOITIC TELEMETRIC SOLUTIONS LTD
Notes to the Financial Statements
For the year ended 30 September 2019
1. General Information

AUTOPOITIC TELEMETRIC SOLUTIONS LTD is a Private Company, limited by shares, domiciled in England and Wales, registration number 07389388.

The company's registered office is 17 Summerhill Road, South Shields, Tyne and Wear, N34 6DT.

2. Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets and depreciation

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery - 20% reducing balance

Motor vehicles - 20% reducing balance

Office and computer equipment - 20% reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. Employees

Average number of persons employed by the company (including directors) during the year was 2

and in the previous year 2

	4.
AUTOPOITIC TELEMETRIC SOLUTIONS LTD
Notes to the Financial Statements
For the year ended 30 September 2019
4. Fixed assets - tangible

	Plant and
	Machinery
	etc.
Fair value	£
At 01 October 2018	89,386
Additions	67
Disposals	(15,342)
At 30 September 2019	74,111
Depreciation
At 01 October 2018	25,560
Charge for year	12,779
At 30 September 2019	38,339
Net book values
At 30 September 2019	35,772
At 01 October 2018	63,826

		2019		2018
		----		----
		£		£

5. Debtors
Due within one year:
Other debtors	8,554		2,144

Included in other debtors is an overdrawn current account in respect of PHILLIP LESLIE TANN. The liability under the loan at the beginning and end of the year respectively was £ and £. The maximum amount of the loan outstanding during the year was £.

	5.
AUTOPOITIC TELEMETRIC SOLUTIONS LTD
Notes to the Financial Statements
For the year ended 30 September 2019

		2019		2018
		----		----
		£		£

6. Creditors
Amounts falling due within one year:
Obligations under finance leases	10,035		17,118
Taxation and social security	( 263)		-
Director's Current Accounts	-		1,268
Other creditors	( 14,600)		400
	4,828		18,786
Other creditors include the following
secured amounts	(15,000)		-
Amounts falling due after one year:
Other creditors:
Other	1,328,093		1,328,093

The hire purchase liabilities are secured by assets

7. Deferred taxation

At 01 October 2018	(3,527)		(3,527)
Credited to profit and loss account	(5,579)		(2,258)
At 30 September 2019	9,106		5,785
8. Called up share capital

There was no change in share capital during the year.

Allotted, called up and fully paid
shares of £1 each Ordinary A	100		100