Intech Calibration Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04164375 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Intech Calibration Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J H Du Plessis

Mrs J A Du Plessis

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

04164375 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

4

70,249

70,213

CURRENT ASSETS

Debtors

5

146,419

107,839

Cash at bank

302,569

261,300

448,988

369,139

CREDITORS

Amounts falling due within one year

6

(157,017

)

(160,301

)

NET CURRENT ASSETS

291,971

208,838

TOTAL ASSETS LESS CURRENT LIABILITIES

362,220

279,051

CREDITORS

Amounts falling due after more than one year

7

-

(48,334

)

PROVISIONS FOR LIABILITIES

(12,547

)

(12,489

)

NET ASSETS

349,673

218,228

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

349,571

218,126

SHAREHOLDERS' FUNDS

349,673

218,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 13 September 2022 and were signed on its behalf by:

J H Du Plessis - Director

1.	STATUTORY INFORMATION

Intech Calibration 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 represent net invoiced sales of services, excluding value added tax.

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 and at varying rates on cost

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered relevant information, including the future cash flows and the impact of subsequent events in making their assessment. The COVID-19 pandemic and the ensuing economic shutdowns have not had a significant impact on the company's operations.

Based on these assessments and having regard to the resources available, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2021 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

160,346

Additions

21,153

Disposals

(8,650

)

At 31 March 2022

172,849

DEPRECIATION

At 1 April 2021

90,133

Charge for year

17,468

Eliminated on disposal

(5,001

)

At 31 March 2022

102,600

NET BOOK VALUE

At 31 March 2022

70,249

At 31 March 2021

70,213

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

137,611

105,883

Other debtors

8,808

1,956

146,419

107,839

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans and overdrafts

-

1,667

Trade creditors

72,517

76,054

Taxation and social security

79,519

75,155

Other creditors

4,981

7,425

157,017

160,301

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.22

31.3.21

£

£

Bank loans

-

48,334

31.3.22

31.3.21

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8,334

8.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the year end of £29,101 in respect of motor leases and £7,000 in respect of property leases.