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REGISTERED NUMBER: 01664664 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DATALINK ELECTRONICS LIMITED

DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DATALINK ELECTRONICS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2025







DIRECTORS: Mrs M Smith
Mr A Sharma





REGISTERED OFFICE: 8 Jubilee Drive
Loughborough
Leicester
LE11 5XS





REGISTERED NUMBER: 01664664 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Unit 2 Charnwood Edge Business Park
Syston Road, Leicester
LE7 4UZ
Magma Audit LLP is part
Of the Dains Group

DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 498,020 531,647

CURRENT ASSETS
Stocks 1,739,989 580,390
Debtors 5 1,143,955 1,113,205
Cash at bank and in hand 591,686 24,398
3,475,630 1,717,993
CREDITORS
Amounts falling due within one year 6 (2,131,222 ) (942,841 )
NET CURRENT ASSETS 1,344,408 775,152
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,842,428

1,306,799

CREDITORS
Amounts falling due after more than one
year

7

(674,878

)

(255,843

)

PROVISIONS FOR LIABILITIES (124,500 ) (132,600 )
NET ASSETS 1,043,050 918,356

CAPITAL AND RESERVES
Called up share capital 27,456 27,456
Share premium 29,041 29,041
Capital redemption reserve 15,528 15,528
Retained earnings 971,025 846,331
1,043,050 918,356

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.

DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

BALANCE SHEET - continued
31 March 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:





Mrs M Smith - Director


DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025


1. STATUTORY INFORMATION

Datalink 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.

The presentation currency of the financial statements is pound sterling (£) and figures are rounded to the nearest £1.

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

Rendering of services
Turnover from the design of circuit boards is recognised in the period in which the services are provided in accordance with the stage the design process has reached.

Rendering of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed ot the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line method.

Depreciation is provided on the following basis:

Short leasehold land and buildings- 5 years
Plant and machinery- 2-10 years
Fixtures and fittings- 2-5 years

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the profit and loss account.

DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate.

Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

The company receives R&D scheme payments from HMRC and, in accordance with regulations, shows these in 'Taxation'. However these payments, which should continue, are receivable under the scheme irrespective of any taxation liability which the company may incur.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments 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.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the profit and loss account at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants that are revenue in nature are recognised in the Profit and Loss Account in the year the conditions of the grant funding have been met.


DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Finance costs
Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Interest income
Interest income is recognised in the profit and loss account using the effective rate of interest method.

Research and development
Research expenditure is written off as incurred. Development expenditure is also written off, except where the directors are satisfied as to the technical, commercial and financial viability of the individual projects. In such cases the identifiable expenditure is deferred and amortised in line with the intangible assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 41 ) .

4. TANGIBLE FIXED ASSETS
Short
leasehold Fixtures
land and Plant and and
buildings machinery fittings Totals
£    £    £    £   
COST
At 1 April 2024 11,533 807,309 66,797 885,639
Additions - 81,019 7,509 88,528
At 31 March 2025 11,533 888,328 74,306 974,167
DEPRECIATION
At 1 April 2024 11,533 301,039 41,420 353,992
Charge for year - 113,872 8,283 122,155
At 31 March 2025 11,533 414,911 49,703 476,147
NET BOOK VALUE
At 31 March 2025 - 473,417 24,603 498,020
At 31 March 2024 - 506,270 25,377 531,647

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 895,581 804,548
Other debtors 248,374 308,657
1,143,955 1,113,205

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 8) 106,047 106,047
Trade creditors 595,690 484,819
Taxation and social security 222,400 228,169
Other creditors 1,207,085 123,806
2,131,222 942,841

DATALINK ELECTRONICS LIMITED (REGISTERED NUMBER: 01664664)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts (see note 8) 145,439 251,485
Other creditors 529,439 4,358
674,878 255,843

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 106,047 106,047
Between one and five years 145,439 251,485
251,486 357,532

Non-cancellable operating leases
2025 2024
£    £   
Within one year 68,454 68,532
Between one and five years 92,242 156,041
160,696 224,573