The Automation Clinic Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06529948 (England and Wales)

Financial Statements

for the Year Ended 30 November 2020

for

The Automation Clinic Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S B Love

Mrs M L Love

SECRETARY:

Mrs M L Love

REGISTERED OFFICE:

Unit 23, Dunkirk Business Park

Southwick

Trowbridge

Wiltshire

BA14 9NL

REGISTERED NUMBER:

06529948 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

31,694

28,293

CURRENT ASSETS

Stocks

118,600

28,300

Debtors

5

442,569

422,640

Cash at bank

68,028

156,449

629,197

607,389

CREDITORS

Amounts falling due within one year

6

103,725

148,662

NET CURRENT ASSETS

525,472

458,727

TOTAL ASSETS LESS CURRENT LIABILITIES

557,166

487,020

CREDITORS

Amounts falling due after more than one year

7

(48,333

)

-

PROVISIONS FOR LIABILITIES

(6,022

)

(5,178

)

NET ASSETS

502,811

481,842

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

502,611

481,642

SHAREHOLDERS' FUNDS

502,811

481,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2020 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 18 June 2021 and were signed on its behalf by:

S B Love - Director

Mrs M L Love - Director

1.	STATUTORY INFORMATION

The Automation Clinic 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.

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 etc

-

25% on reducing balance, 25% on cost, 20% on reducing balance and 15% on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

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 9 (2019 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2019

69,652

Additions

13,234

At 30 November 2020

82,886

DEPRECIATION

At 1 December 2019

41,359

Charge for year

9,833

At 30 November 2020

51,192

NET BOOK VALUE

At 30 November 2020

31,694

At 30 November 2019

28,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Trade debtors

230,386

212,261

Other debtors

212,183

210,379

442,569

422,640

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.20

30.11.19

£

£

Trade creditors

40,454

55,410

Other creditors

63,271

93,252

103,725

148,662

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.20

30.11.19

£

£

Other creditors

48,333

-