SCORPEX ELECTRONICS LIMITED

Company Registration Number:
SC250560 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

SCORPEX ELECTRONICS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Profit and Loss notes - 11
Balance sheet notes - 12

SCORPEX ELECTRONICS LIMITED

Company Information

for the Period Ended 30 June 2023




Director: Phillip.E.Walker
Stephen P Walker
Secretary: Christine Walker
Registered office: North Lodge
Fetteresso
Stonehaven
Scotland
GB-SCT
AB39 3UR
Company Registration Number: SC250560 (Scotland)

SCORPEX ELECTRONICS LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

Design and Prototyping of electronic Systems

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Phillip.E.Walker
Stephen P Walker

Secretary
Christine Walker

This report was approved by the board of directors on 8 October 2023
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 2023


Notes

2023
£

2022
£
Turnover 13,970 76,386
Cost of sales ( 9,945 ) ( 37,925 )
Gross Profit or (Loss) 4,025 38,461
Administrative Expenses ( 20,898 ) ( 16,009 )
Operating Profit or (Loss) ( 16,873 ) 22,452
Profit or (Loss) Before Tax 4 ( 16,873 ) 22,452
Tax on Profit - ( 4,265 )
Profit or (Loss) for Period ( 16,873 ) 18,187

The notes form part of these financial statements

SCORPEX ELECTRONICS LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 132,945 132,945
Total fixed assets: 132,945 132,945
Current assets
Stocks: 4,961 4,961
Cash at bank and in hand: 25,064 57,690
Total current assets: 30,025 62,651
Creditors: amounts falling due within one year: 6 ( 6,133 ) ( 17,619 )
Net current assets (liabilities): 23,892 45,032
Total assets less current liabilities: 156,837 177,977
Total net assets (liabilities): 156,837 177,977

The notes form part of these financial statements

SCORPEX ELECTRONICS LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 45,000 45,000
Revaluation reserve: 7 22,231 22,231
Profit and loss account: 89,606 110,746
Shareholders funds: 156,837 177,977

For the year ending 30 June 2023 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 8 October 2023
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 2023

  • 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 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4.Profit or (Loss) before tax

Re-structuring of business to new location and facilities.

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 July 2022 118,768 14,177 132,945
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 June 2023 118,768 14,177 132,945
Depreciation
At 01 July 2022 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 30 June 2023 - - -
Net book value
At 30 June 2023 118,768 14,177 132,945
At 30 June 2022 118,768 14,177 132,945

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 6,133 17,619
Total 6,133 17,619

SCORPEX ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Revaluation reserve


2023
£
Balance at 01 July 2022 22,231
Surplus or deficit after revaluation 0
Balance at 30 June 2023 22,231