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REGISTERED NUMBER: 03288672 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

SDF Electronics Limited

SDF Electronics Limited (Registered number: 03288672)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


SDF Electronics Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs G Cole
N Chaudhry





REGISTERED OFFICE: Unit 2 Unicon Park
Carrs Industrial Estate
Haslingden
Lancashire
BB4 5LA





REGISTERED NUMBER: 03288672 (England and Wales)





ACCOUNTANTS: Ribble Valley Accountants Ltd
14 Towneley Parade
Longridge
Preston
Lancashire
PR3 3HU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SDF Electronics Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SDF Electronics Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of SDF Electronics Limited, as a body, in accordance with the terms of our engagement letter dated 1 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of SDF Electronics Limited and state those matters that we have agreed to state to the Board of Directors of SDF Electronics Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SDF Electronics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SDF Electronics Limited. You consider that SDF Electronics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SDF Electronics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ribble Valley Accountants Ltd
14 Towneley Parade
Longridge
Preston
Lancashire
PR3 3HU


12 August 2024

SDF Electronics Limited (Registered number: 03288672)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,328 25,627

CURRENT ASSETS
Stocks 4,200 4,500
Debtors 5 357,532 520,595
Cash at bank and in hand 30,217 60,106
391,949 585,201
CREDITORS
Amounts falling due within one year 6 132,288 243,798
NET CURRENT ASSETS 259,661 341,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,989

367,030

CREDITORS
Amounts falling due after more than one
year

7

(135,667

)

(180,889

)

PROVISIONS FOR LIABILITIES (4,294 ) (4,294 )
NET ASSETS 136,028 181,847

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 135,928 181,747
136,028 181,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

SDF Electronics Limited (Registered number: 03288672)

Balance Sheet - continued
30 June 2024


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 12 August 2024 and were signed on its behalf by:




Mrs G Cole - Director



N Chaudhry - Director


SDF Electronics Limited (Registered number: 03288672)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SDF Electronics 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

SDF Electronics Limited (Registered number: 03288672)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 86,237 952 7,550 438 95,177
Disposals - - (7,550 ) - (7,550 )
At 30 June 2024 86,237 952 - 438 87,627
DEPRECIATION
At 1 July 2023 67,230 749 1,133 438 69,550
Charge for year 2,852 30 - - 2,882
Eliminated on disposal - - (1,133 ) - (1,133 )
At 30 June 2024 70,082 779 - 438 71,299
NET BOOK VALUE
At 30 June 2024 16,155 173 - - 16,328
At 30 June 2023 19,007 203 6,417 - 25,627

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 34,532 176,095
Other debtors 3,000 4,500
37,532 180,595

Amounts falling due after more than one year:
Amounts owed by group undertakings 320,000 340,000

Aggregate amounts 357,532 520,595

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 48,132 45,222
Trade creditors 17,593 32,689
Tax 6,323 11,018
Social security and other taxes 313 1,940
VAT 9,398 61,703
Other creditors 369 1,566
Directors' current accounts 500 -
Accruals and deferred income 49,660 89,660
132,288 243,798

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 135,667 180,889