IRIS Accounts Production v23.3.0.418 12663310 Board of Directors Board of Directors 1.8.22 31.7.23 31.7.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh126633102022-07-31126633102023-07-31126633102022-08-012023-07-31126633102021-07-31126633102021-08-012022-07-31126633102022-07-3112663310ns10:Originalns15:EnglandWales2022-08-012023-07-3112663310ns14:PoundSterlingns10:Original2022-08-012023-07-3112663310ns10:Originalns10:Director12022-08-012023-07-3112663310ns10:Original2022-08-012023-07-3112663310ns10:Originalns10:Director22022-08-012023-07-3112663310ns10:Original2023-07-3112663310ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112663310ns10:Originalns10:SmallEntities2022-08-012023-07-3112663310ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3112663310ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112663310ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3112663310ns10:Originalns10:FullAccounts2022-08-012023-07-3112663310ns10:Original2021-08-012022-07-3112663310ns10:Originalns10:Director32022-08-012023-07-3112663310ns10:Originalns10:Director42022-08-012023-07-3112663310ns10:Originalns10:RegisteredOffice2022-08-012023-07-3112663310ns10:Original2022-07-3112663310ns10:Originalns5:CurrentFinancialInstruments2023-07-3112663310ns10:Originalns5:CurrentFinancialInstruments2022-07-3112663310ns5:ShareCapitalns10:Original2023-07-3112663310ns5:ShareCapitalns10:Original2022-07-3112663310ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3112663310ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3112663310ns10:Originalns5:PlantMachinery2022-08-012023-07-3112663310ns10:Originalns5:MotorVehicles2022-08-012023-07-3112663310ns10:Originalns5:ComputerEquipment2022-08-012023-07-3112663310ns10:Originalns5:PlantMachinery2022-07-3112663310ns10:Originalns5:MotorVehicles2022-07-3112663310ns10:Originalns5:ComputerEquipment2022-07-3112663310ns10:Original2022-07-3112663310ns10:Originalns5:PlantMachinery2023-07-3112663310ns10:Originalns5:MotorVehicles2023-07-3112663310ns10:Originalns5:ComputerEquipment2023-07-3112663310ns10:Originalns5:PlantMachinery2022-07-3112663310ns10:Originalns5:MotorVehicles2022-07-3112663310ns10:Originalns5:ComputerEquipment2022-07-3112663310ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3112663310ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 12663310 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

MODEX HOLDINGS LIMITED

MODEX HOLDINGS LIMITED (REGISTERED NUMBER: 12663310)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


MODEX HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







Directors: R C Brooks
M C Coomber
Mrs H Brooks
Mrs J A Coomber





Registered office: Unit 3a & 3b Thorpe View
Thorpe Way Industrial Estate
Banbury
Oxfordshire
OX16 4SP





Registered number: 12663310 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

MODEX HOLDINGS LIMITED (REGISTERED NUMBER: 12663310)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 429,919 248,854

CURRENT ASSETS
Debtors 5 386,020 51,444
Cash at bank 226,508 141,143
612,528 192,587
CREDITORS
Amounts falling due within one year 6 18,159 115,982
NET CURRENT ASSETS 594,369 76,605
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,024,288

325,459

PROVISIONS FOR LIABILITIES 62,746 18,250
NET ASSETS 961,542 307,209

CAPITAL AND RESERVES
Called up share capital 6 4
Retained earnings 961,536 307,205
961,542 307,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

MODEX HOLDINGS LIMITED (REGISTERED NUMBER: 12663310)

BALANCE SHEET - continued
31 JULY 2023


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 11 October 2023 and were signed on its behalf by:




R C Brooks - Director



M C Coomber - Director


MODEX HOLDINGS LIMITED (REGISTERED NUMBER: 12663310)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Modex Holdings 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

MODEX HOLDINGS LIMITED (REGISTERED NUMBER: 12663310)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 August 2022 274,536 50,639 28,259 353,434
Additions 130,697 117,156 - 247,853
At 31 July 2023 405,233 167,795 28,259 601,287
Depreciation
At 1 August 2022 78,135 20,264 6,181 104,580
Charge for year 40,439 16,930 9,419 66,788
At 31 July 2023 118,574 37,194 15,600 171,368
Net book value
At 31 July 2023 286,659 130,601 12,659 429,919
At 31 July 2022 196,401 30,375 22,078 248,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 385,223 51,444
Other debtors 797 -
386,020 51,444

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 105,773
Taxation and social security 14,945 3,144
Other creditors 3,214 7,065
18,159 115,982