SCORPEX ELECTRONICS LIMITED

Company Registration Number:
SC250560 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

SCORPEX ELECTRONICS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SCORPEX ELECTRONICS LIMITED

Company Information

for the Period Ended 30 June 2022




Director: Phillip.E.Walker
Stephen P Walker
Secretary: Christine Walker
Registered office: 16
Bellsburn Avenue
Linlithgow
West Lothian
EH49 7LB
Company Registration Number: SC250560 (Scotland)

SCORPEX ELECTRONICS LIMITED

Directors' Report Period Ended 30 June 2022

The directors present their report with the financial statements of the company for the period ended 30 June 2022

Principal Activities

Design and Prototyping of Electronic Systesm

Directors

The directors shown below have held office during the whole of the period from 01 July 2021 to 30 June 2022
Phillip.E.Walker

The director(s) shown below were appointed to the company during the period
Stephen P Walker
28 February 2022

Secretary
Christine Walker

This report was approved by the board of directors on 14 August 2022
And Signed On Behalf Of The Board By:

Name: Phillip.E.Walker
Status: Director

SCORPEX ELECTRONICS LIMITED

Profit and Loss Account

for the Period Ended 30 June 2022


Notes

2022
£

2021
£
Turnover 76,386 27,205
Cost of sales ( 37,925 ) ( 2,890 )
Gross Profit or (Loss) 38,461 31,075
Income from coronavirus (COVID-19) business support grants - 6,760
Administrative Expenses ( 16,009 ) ( 21,663 )
Operating Profit or (Loss) 22,452 9,412
Profit or (Loss) Before Tax 22,452 9,412
Tax on Profit - ( 1,703 )
Profit or (Loss) for Period 22,452 7,709

The notes form part of these financial statements

SCORPEX ELECTRONICS LIMITED

Balance sheet

As at 30 June 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 132,945 111,343
Total fixed assets: 132,945 111,343
Current assets
Stocks: 4,961 4,961
Debtors: 5 0 0
Cash at bank and in hand: 57,690 35,888
Total current assets: 62,651 40,849
Creditors: amounts falling due within one year: 6 ( 17,619 ) ( 6,667 )
Net current assets (liabilities): 45,032 34,182
Total assets less current liabilities: 177,977 145,525
Total net assets (liabilities): 177,977 145,525

The notes form part of these financial statements

SCORPEX ELECTRONICS LIMITED

Balance sheet continued

As at 30 June 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 45,000 35,000
Revaluation reserve: 7 22,231 22,231
Profit and loss account: 110,746 88,294
Shareholders funds: 177,977 145,525

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.

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

This report was approved by the board of directors on 14 August 2022
And Signed On Behalf Of The Board By:

Name: Phillip.E.Walker
Status: Director

The notes form part of these financial statements

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

SCORPEX ELECTRONICS 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

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

  • 3. Off balance sheet disclosure

    No

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 July 2021 98,956 12,387 111,343
Additions 19,812 1,790 21,602
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 June 2022 118,768 14,177 132,945
Depreciation
At 01 July 2021 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 30 June 2022 - - -
Net book value
At 30 June 2022 118,768 14,177 132,945
At 30 June 2021 98,956 12,387 111,343

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Debtors


2022
£

2021
£
Trade debtors 0 0
Total 0 0

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

6.Creditors: amounts falling due within one year note


2022
£

2021
£
Trade creditors 17,619 6,667
Total 17,619 6,667

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2022

7. Revaluation reserve


2022
£
Balance at 01 July 2021 22,231
Surplus or deficit after revaluation 0
Balance at 30 June 2022 22,231