IRIS Accounts Production v24.3.2.46 02072696 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020726962023-04-30020726962024-04-30020726962023-05-012024-04-30020726962022-04-30020726962022-05-012023-04-30020726962023-04-3002072696ns15:EnglandWales2023-05-012024-04-3002072696ns14:PoundSterling2023-05-012024-04-3002072696ns10:Director12023-05-012024-04-3002072696ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3002072696ns10:SmallEntities2023-05-012024-04-3002072696ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3002072696ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3002072696ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3002072696ns10:FullAccounts2023-05-012024-04-3002072696ns10:OrdinaryShareClass12023-05-012024-04-3002072696ns10:RegisteredOffice2023-05-012024-04-3002072696ns5:CurrentFinancialInstruments2024-04-3002072696ns5:CurrentFinancialInstruments2023-04-3002072696ns5:ShareCapital2024-04-3002072696ns5:ShareCapital2023-04-3002072696ns5:RetainedEarningsAccumulatedLosses2024-04-3002072696ns5:RetainedEarningsAccumulatedLosses2023-04-3002072696ns5:PlantMachinery2023-05-012024-04-3002072696ns5:PlantMachinery2023-04-3002072696ns5:PlantMachinery2024-04-3002072696ns5:PlantMachinery2023-04-3002072696ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3002072696ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3002072696ns10:OrdinaryShareClass12024-04-30020726961ns10:Director12023-04-30020726961ns10:Director12022-04-30020726961ns10:Director12023-05-012024-04-30020726961ns10:Director12022-05-012023-04-30020726961ns10:Director12024-04-30020726961ns10:Director12023-04-30
REGISTERED NUMBER: 02072696 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Scientific Electro Systems Limited

Scientific Electro Systems Limited (Registered number: 02072696)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

Scientific Electro Systems Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: D J Adams





REGISTERED OFFICE: 1 Rose Way
Purdeys Industrial Estate
Rochford
Essex
SS4 1LY





REGISTERED NUMBER: 02072696 (England and Wales)





ACCOUNTANTS: Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Scientific Electro Systems Limited (Registered number: 02072696)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 423

CURRENT ASSETS
Debtors 5 205,087 257,828
Investments 6 30,542 30,542
Cash at bank and in hand 1,223 1,153
236,852 289,523
CREDITORS
Amounts falling due within one year 7 220,904 242,026
NET CURRENT ASSETS 15,948 47,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,948

47,920

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 5,948 37,920
SHAREHOLDERS' FUNDS 15,948 47,920

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 29 January 2025 and were signed by:





D J Adams - Director


Scientific Electro Systems Limited (Registered number: 02072696)

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

1. STATUTORY INFORMATION

Scientific Electro Systems 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 represents the fair value net invoiced sales of goods and services, excluding value added tax (having regard to the fulfilment of contractual obligations).

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 etc - 25% on reducing balance

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.

Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Scientific Electro Systems Limited (Registered number: 02072696)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 72,193
DEPRECIATION
At 1 May 2023 71,770
Charge for year 423
At 30 April 2024 72,193
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 423

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 27,048 32,132
Other debtors 178,039 225,696
205,087 257,828

6. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Unlisted investments 30,542 30,542

Scientific Electro Systems Limited (Registered number: 02072696)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 43,960 55,231
Trade creditors 20,159 22,089
Taxation and social security 153,035 159,706
Other creditors 3,750 5,000
220,904 242,026

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
10,000 Ordinary £1 10,000 10,000

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
D J Adams
Balance outstanding at start of year 181,524 181,635
Amounts repaid (45,688 ) (111 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 135,836 181,524

Accountants' Report to the Director
on the Unaudited Financial Statements of
Scientific Electro Systems Limited

The following reproduces the text of the report prepared for the director 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 Director 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 Scientific Electro Systems Limited for the year ended 30 April 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.

This report is made solely to the director of Scientific Electro Systems Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scientific Electro Systems Limited and state those matters that we have agreed to state to the director of Scientific Electro Systems Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Scientific Electro Systems 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 Scientific Electro Systems Limited. You consider that Scientific Electro Systems 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 Scientific Electro Systems 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.






Xeinadin Billericay Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


29 January 2025