IRIS Accounts Production v25.1.4.42 10170926 director 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101709262023-09-30101709262024-09-30101709262023-10-012024-09-30101709262022-09-30101709262022-10-012023-09-30101709262023-09-3010170926ns15:EnglandWales2023-10-012024-09-3010170926ns14:PoundSterling2023-10-012024-09-3010170926ns10:Director12023-10-012024-09-3010170926ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010170926ns10:SmallEntities2023-10-012024-09-3010170926ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010170926ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010170926ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010170926ns10:FullAccounts2023-10-012024-09-3010170926ns10:OrdinaryShareClass12023-10-012024-09-3010170926ns10:RegisteredOffice2023-10-012024-09-3010170926ns5:CurrentFinancialInstruments2024-09-3010170926ns5:CurrentFinancialInstruments2023-09-3010170926ns5:Non-currentFinancialInstruments2024-09-3010170926ns5:Non-currentFinancialInstruments2023-09-3010170926ns5:ShareCapital2024-09-3010170926ns5:ShareCapital2023-09-3010170926ns5:RetainedEarningsAccumulatedLosses2024-09-3010170926ns5:RetainedEarningsAccumulatedLosses2023-09-3010170926ns5:FurnitureFittings2023-10-012024-09-3010170926ns5:MotorVehicles2023-10-012024-09-3010170926ns5:ComputerEquipment2023-10-012024-09-3010170926ns5:FurnitureFittings2023-09-3010170926ns5:MotorVehicles2023-09-3010170926ns5:ComputerEquipment2023-09-3010170926ns5:FurnitureFittings2024-09-3010170926ns5:MotorVehicles2024-09-3010170926ns5:ComputerEquipment2024-09-3010170926ns5:FurnitureFittings2023-09-3010170926ns5:MotorVehicles2023-09-3010170926ns5:ComputerEquipment2023-09-3010170926ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010170926ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010170926ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 10170926 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Pulse Electrix Ltd

Pulse Electrix Ltd (Registered number: 10170926)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pulse Electrix Ltd

Company Information
for the Year Ended 30 September 2024







Director: Mr A Kanes





Registered office: Unit 2
Freetown Business Park
Hudcar Lane
Bury
BL9 6HD





Registered number: 10170926 (England and Wales)





Accountants: Allen Mills Howard & Co
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Pulse Electrix Ltd (Registered number: 10170926)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 18,689 15,323

Current assets
Stocks 6,975 15,150
Debtors 5 105,498 107,265
Cash at bank 86,900 14,442
199,373 136,857
Creditors
Amounts falling due within one year 6 122,533 98,627
Net current assets 76,840 38,230
Total assets less current liabilities 95,529 53,553

Creditors
Amounts falling due after more than one
year

7

(24,955

)

(27,328

)

Provisions for liabilities (3,872 ) (2,912 )
Net assets 66,702 23,313

Capital and reserves
Called up share capital 8 1 1
Retained earnings 66,701 23,312
Shareholders' funds 66,702 23,313

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

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

Pulse Electrix Ltd (Registered number: 10170926)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





Mr A Kanes - Director


Pulse Electrix Ltd (Registered number: 10170926)

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

1. Statutory information

Pulse Electrix Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% 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 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.

Pulse Electrix Ltd (Registered number: 10170926)

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

2. Accounting policies - continued

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 8 (2023 - 9 ) .

4. Tangible fixed assets
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 October 2023 6,719 20,645 8,804 36,168
Additions - 12,917 - 12,917
At 30 September 2024 6,719 33,562 8,804 49,085
Depreciation
At 1 October 2023 914 16,105 3,826 20,845
Charge for year 1,680 5,699 2,172 9,551
At 30 September 2024 2,594 21,804 5,998 30,396
Net book value
At 30 September 2024 4,125 11,758 2,806 18,689
At 30 September 2023 5,805 4,540 4,978 15,323

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 35,398 42,424
Other debtors 70,100 64,841
105,498 107,265

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 5,347 8,955
Taxation and social security 37,200 16,762
Other creditors 79,986 72,910
122,533 98,627

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 24,955 27,328

Pulse Electrix Ltd (Registered number: 10170926)

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

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1