CustomMatic Ltd
CustomMatic Ltd
Registered number: 05947353
Unaudited Financial Statements
For The Year Ended
30 September 2021
Burge Accountancy Ltd
Chartered Accountants
Whitecroft House
Hatton Hill
Windlesham
Surrey
GU20 6AB
CustomMatic Ltd
Unaudited Financial Statements
For The Year Ended
30 September 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
CustomMatic Ltd
Balance Sheet
As at
30 September 2021
Balance Sheet
Registered number:
05947353
For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2021 | 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 3 |
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| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Stocks | 5 |
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| Debtors | 6 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 7 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 8 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 39,491 | 75,594 | |||
Page 1
CustomMatic Ltd
Balance Sheet (continued)
As at
30 September 2021
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
CustomMatic Ltd
Notes to the Financial Statements
For The Year Ended
30 September 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The gpoing concern concept has not been applied as the compnay ceased trading on 30 September 2021.
1.2.
Going Concern Disclosure
The company ceased trading on 30 September 2021 and intends to enter into a Members Voluntary Liquidation.
1.3.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.4.
Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the company's website. It is amortised to profit and loss account over its estimated economic life of 5 years.
1.5.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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1.6.
Stocks and Work in Progress
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 stocks.
1.7.
Taxation
Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future and that the figure is material to the accounts.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2021 | 2020 | ||
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| Office and administration |
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Page 3
CustomMatic Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2021
3.
Intangible Assets
| Other | |||
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| £ | |||
| Cost | |||
| As at
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| Amortisation | |||
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| Provided during the period |
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| Net Book Value | |||
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4.
Tangible Assets
| Plant & Machinery | |
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| £ | |
| Cost | |
| As at
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| Disposals |
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| Depreciation | |
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| Disposals |
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| Net Book Value | |
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5.
Stocks
| 2021 | 2020 | ||
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| £ | £ | ||
| Stock - materials and work in progress | - | 8,248 | |
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Page 4
CustomMatic Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 September 2021
6.
Debtors
| 2021 | 2020 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Corporation tax recoverable assets |
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| VAT | - |
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7.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other taxes and social security |
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| Accruals and deferred income |
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| Director's loan account |
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9.
General Information
CustomMatic Ltd
Registered number
05947353
is a limited by shares company incorporated in England & Wales. The Registered Office is Origin Two, 106 High Street, Crawley, West Sussex, RH10 1BF.
Page 5