PROCESS MACHINERY LIMITED

PROCESS MACHINERY LIMITED

PROCESS MACHINERY LIMITED - Company Information

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PROCESS MACHINERY LIMITED

Company Registration Number:
01395839 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

PROCESS MACHINERY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

PROCESS MACHINERY LIMITED

Balance sheet

As at 30 June 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 147,136 147,136
Total fixed assets: 147,136 147,136
Current assets
Stocks: 32,189 43,335
Debtors:   304,268 300,811
Cash at bank and in hand: 1,151,631 1,094,274
Total current assets: 1,488,088 1,438,420
Creditors: amounts falling due within one year: 4 (149,335) (179,763)
Net current assets (liabilities): 1,338,753 1,258,657
Total assets less current liabilities: 1,485,889 1,405,793
Creditors: amounts falling due after more than one year:   (22,865) (22,865)
Total net assets (liabilities): 1,463,024 1,382,928
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:591,47891,478
Profit and loss account: 1,371,446 1,291,350
Shareholders funds: 1,463,024 1,382,928

The notes form part of these financial statements

PROCESS MACHINERY LIMITED

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 March 2023
and signed on behalf of the board by:

Name: Bernard Alfred Thompson
Status: Director

The notes form part of these financial statements

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 July 2021 152,714
At 30 June 2022 152,714
Depreciation
At 01 July 2021 5,578
At 30 June 2022 5,578
Net book value
At 30 June 2022 147,136
At 30 June 2021 147,136

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Creditors: amounts falling due within one year note

Trade Creditors £ 105445Corporation Tax £ 18788Social security & other taxes £ 11405Other Creditors £ 13697

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Revaluation reserve

2022
£
Balance at 01 July 2021 91,478
Surplus or deficit after revaluation 0
Balance at 30 June 2022 91,478

PROCESS MACHINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

6. Loans to directors

Name of director receiving advance or credit: Bernard Alfred Thompson
Description of the loan: Purchase of shares in the company
£
Balance at 01 July 2021 107,500
Advances or credits made: 0
Advances or credits repaid: 0
Balance at 30 June 2022 107,500
Name of director receiving advance or credit: Daphne Janette Thompson
Description of the loan: Purchase of shares in the company
£
Balance at 01 July 2021 107,500
Advances or credits made: 0
Advances or credits repaid: 0
Balance at 30 June 2022 107,500