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REGISTERED NUMBER: 00843372 (England and Wales)















PAKTRONIC ENGINEERING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






PAKTRONIC ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00843372)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


PAKTRONIC ENGINEERING COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J G Wright
Mrs V M Wright
S J Wright



SECRETARY: S J Wright



REGISTERED OFFICE: Alma Park Industrial Estate
Grantham
Lincolnshire
NG31 9SE



REGISTERED NUMBER: 00843372 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF



BANKERS: National Westminster Bank plc
27-28 St Peter's Hill
Grantham
Lincolnshire
NG31 6QG

PAKTRONIC ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00843372)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 379,029 283,515

CURRENT ASSETS
Stocks 6,291 4,660
Debtors 5 2,300,695 736,831
Cash at bank and in hand 5,341,326 4,022,858
7,648,312 4,764,349
CREDITORS
Amounts falling due within one year 6 2,153,851 672,275
NET CURRENT ASSETS 5,494,461 4,092,074
TOTAL ASSETS LESS CURRENT LIABILITIES 5,873,490 4,375,589

PROVISIONS FOR LIABILITIES 27,092 14,504
NET ASSETS 5,846,398 4,361,085

CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Capital redemption reserve 5,000 5,000
Retained earnings 5,836,398 4,351,085
SHAREHOLDERS' FUNDS 5,846,398 4,361,085

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 19 August 2025 and were signed on its behalf by:





S J Wright - Director


PAKTRONIC ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00843372)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Paktronic Engineering Company 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 consideration received, for the design, manufacture and assembly of electronic equipment, excluding value added tax.

Turnover is recognised when the significant risks and rewards of ownership of the product have transferred to the customer, which may be upon completion or shipment depending on the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2 % on cost (buildings only)
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are held at cost less accumulated depreciation.

Stocks
Stocks are valued at the lower of cost and fair value less costs to sell, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 43 (2024 - 38 ) .

PAKTRONIC ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00843372)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 296,898 551,310 848,208
Additions 93,496 48,299 141,795
Disposals - (29,489 ) (29,489 )
At 31 March 2025 390,394 570,120 960,514
DEPRECIATION
At 1 April 2024 115,058 449,635 564,693
Charge for year 5,397 32,913 38,310
Eliminated on disposal - (21,518 ) (21,518 )
At 31 March 2025 120,455 461,030 581,485
NET BOOK VALUE
At 31 March 2025 269,939 109,090 379,029
At 31 March 2024 181,840 101,675 283,515

Included in cost of land and buildings is freehold land of £ 33,605 (2024 - £ 33,605 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,115,711 668,131
Amounts recoverable on contract 132,333 42,293
Directors' loan accounts - 3,610
Prepayments 52,651 22,797
2,300,695 736,831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 847,035 349,495
Taxation 517,653 38,190
Other taxes and social security 339,801 60,601
Other creditors 317,406 98,409
Accruals and deferred income 7,246 7,131
Directors' loan accounts 124,710 118,449
2,153,851 672,275

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
5,000 Ordinary share capital £1 5,000 5,000

PAKTRONIC ENGINEERING COMPANY LIMITED (REGISTERED NUMBER: 00843372)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

20252024
£ £
Balance outstanding at start of year3,61014,872
Amounts advanced29,4438,738
Amounts repaid33,05320,000
Balance outstanding at end of year-3,610
The loan was unsecured, interest free and repayable upon demand.