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REGISTERED NUMBER: 03502257 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

CONNEXION DEVELOPMENTS LIMITED

CONNEXION DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03502257)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CONNEXION DEVELOPMENTS LIMITED

Company Information
for the year ended 31 March 2025







DIRECTORS: M G Freye
Mrs E P Freye





REGISTERED OFFICE: Unit 3, Rainbow Court
Armstrong Way
Great Western Business Park
Yate
BS37 5NG





REGISTERED NUMBER: 03502257 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

CONNEXION DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03502257)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 46,707 40,616

CURRENT ASSETS
Stocks 5 1,173,800 999,052
Debtors 6 451,592 423,809
Cash at bank 426,106 237,467
2,051,498 1,660,328
CREDITORS
Amounts falling due within one year 7 501,331 380,663
NET CURRENT ASSETS 1,550,167 1,279,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,596,874

1,320,281

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,596,774 1,320,181
1,596,874 1,320,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





M G Freye - Director


CONNEXION DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03502257)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Connexion Developments 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.

These financial statements have been prepared under 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2024 - 11 ) .

CONNEXION DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03502257)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 2,134 19,296 54,796 58,409 134,635
Additions 7,075 - 24,500 - 31,575
Disposals - - (19,995 ) - (19,995 )
At 31 March 2025 9,209 19,296 59,301 58,409 146,215
DEPRECIATION
At 1 April 2024 2,050 6,248 39,533 46,188 94,019
Charge for year 21 3,262 4,150 3,055 10,488
Eliminated on disposal - - (4,999 ) - (4,999 )
At 31 March 2025 2,071 9,510 38,684 49,243 99,508
NET BOOK VALUE
At 31 March 2025 7,138 9,786 20,617 9,166 46,707
At 31 March 2024 84 13,048 15,263 12,221 40,616

5. STOCKS
2025 2024
£    £   
Finished goods 1,173,800 999,052

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 451,592 423,809

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 87,712 53,075
Taxation and social security 337,022 289,933
Other creditors 76,597 37,655
501,331 380,663