REGISTERED NUMBER: 03606503 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Expressmode Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D P Ambler

S D Buckley

REGISTERED OFFICE:

Unit 4

Holme Mill

Holme Mill Lane

Keighley

West Yorkshire

BD22 6BN

REGISTERED NUMBER:

03606503 (England and Wales)

ACCOUNTANTS:

Tordoff & Co Accountants Ltd

11 Thornesgate Mews

Wakefield

West Yorkshire

WF2 8FJ

FIXED ASSETS

Tangible assets

4

266,097

239,777

CURRENT ASSETS

Stocks

508,547

504,999

Debtors

5

471,179

609,986

Cash at bank and in hand

3,191,612

2,134,009

4,171,338

3,248,994

CREDITORS

Amounts falling due within one year

6

1,230,358

898,907

NET CURRENT ASSETS

2,940,980

2,350,087

TOTAL ASSETS LESS CURRENT LIABILITIES

3,207,077

2,589,864

CREDITORS

Amounts falling due after more than one year

7

(9,181

)

(19,829

)

PROVISIONS FOR LIABILITIES

(15,311

)

(15,311

)

NET ASSETS

3,182,585

2,554,724

CAPITAL AND RESERVES

Called up share capital

10,100

10,100

Retained earnings

3,172,485

2,544,624

3,182,585

2,554,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

S D Buckley - Director

D P Ambler - Director

1.	STATUTORY INFORMATION

Expressmode 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.

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

The signficant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

Tangible fixed assets are stated at cost(or deemed cost) or valuation less accumulated depreciation and accumulated impaired losses. Cost includes cost directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred taxation

Provision is made at current rates of taxation deferred in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

10,000

115,407

19,520

Additions

-

18,250

-

Disposals

-

-

-

At 31 December 2024

10,000

133,657

19,520

DEPRECIATION

At 1 January 2024

-

72,638

19,194

Charge for year

-

7,015

82

Eliminated on disposal

-

-

-

At 31 December 2024

-

79,653

19,276

NET BOOK VALUE

At 31 December 2024

10,000

54,004

244

At 31 December 2023

10,000

42,769

326

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

354,032

26,674

525,633

Additions

98,169

1,509

117,928

Disposals

(111,530

)

-

(111,530

)

At 31 December 2024

340,671

28,183

532,031

DEPRECIATION

At 1 January 2024

170,861

23,163

285,856

Charge for year

66,074

1,395

74,566

Eliminated on disposal

(94,488

)

-

(94,488

)

At 31 December 2024

142,447

24,558

265,934

NET BOOK VALUE

At 31 December 2024

198,224

3,625

266,097

At 31 December 2023

183,171

3,511

239,777

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

459,748

429,208

Other debtors

11,431

180,778

471,179

609,986

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

694,899

560,432

Taxation and social security

377,550

324,827

Other creditors

147,261

3,000

1,230,358

898,907

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

9,181

19,829

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

S D Buckley

Balance outstanding at start of year

9,735

5,094

Amounts advanced

21,004

5,179

Amounts repaid

(175,000

)

(538

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(144,261

)

9,735

D P Ambler

Balance outstanding at start of year

160,106

155,476

Amounts advanced

16,576

5,168

Amounts repaid

(175,000

)

(538

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,682

160,106