2024-05-01 08025580 2025-04-30 08025580 2024-05-01 2025-04-30 08025580 2024-04-30 08025580 2023-05-01 2024-04-30 08025580 uk-core:WithinOneYear 2024-04-30 08025580 uk-core:WithinOneYear 2025-04-30 08025580 uk-core:ShareCapital 2025-04-30 08025580 uk-core:ShareCapital 2024-04-30 08025580 uk-core:RetainedEarningsAccumulatedLosses 2025-04-30 08025580 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 08025580 uk-bus:Director1 2024-05-01 2025-04-30 08025580 uk-core:PlantMachinery 2024-05-01 2025-04-30 08025580 uk-core:ToolsEquipment 2024-05-01 2025-04-30 08025580 uk-core:ToolsEquipment 2024-04-30 08025580 uk-core:PlantMachinery 2024-04-30 08025580 uk-core:PlantMachinery 2025-04-30 08025580 uk-core:ToolsEquipment 2025-04-30 iso4217:GBP xbrli:pure 08025580 uk-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 08025580 uk-bus:FRS102 2024-05-01 2025-04-30 08025580 uk-bus:FilletedAccounts 2024-05-01 2025-04-30 08025580 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30
Draft
Subsea Fibre Solutions Ltd
Registered Number:08025580
For the year ended 30 April 2025
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 April 2025
Subsea Fibre Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
08025580
As at 30 April 2025
Subsea Fibre Solutions Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
30,230
34,432
2
30,230
34,432
Current assets
Trade and other receivables
13,803
6,194
3
26,054
Cash and cash equivalents
19,524
25,718
39,857
Trade and other payables: amounts falling due within one
year
(13,625)
(15,983)
4
26,232
9,735
Net current assets
Total assets less current liabilities
39,965
60,664
39,965
Net assets
60,664
Capital and reserves
Called up share capital
100
100
Retained earnings
39,865
60,564
39,965
60,664
Shareholders' funds
For the year ended 30 April 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Jonathan Neil Beaumont Director
These financial statements were approved and authorised for issue by the Board on 08 September 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 30 April 2025
Subsea Fibre Solutions Ltd
Notes to the Financial Statements
Statutory Information
Subsea Fibre Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08025580.
Registered address:
22 Rectory Close
Newbury
Berkshire
RG14 6DE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Reducing balance
Computer equipment
2. Property, plant and equipment
Total
Computer
equipment
Plant and
machinery
£
£
£
Cost or
valuation
At 01 May 2024
58,560
12,093
46,467
1,829
1,829
-
Additions
(569)
-
Disposals
(569)
At 30 April 2025
46,467
13,353
59,820
Provision for depreciation and impairment
At 01 May 2024
24,128
5,668
18,460
Charge for year
5,896
1,695
4,201
(434)
(434)
-
On disposal
At 30 April 2025
29,590
6,929
22,661
At 30 April 2025
Net book value
23,806
6,424
30,230
At 30 April 2024
28,007
6,425
34,432
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5
Draft
For the year ended 30 April 2025
Subsea Fibre Solutions Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2024
2025
£
£
Trade debtors
6,194
13,803
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
10,830
12,807
Other creditors
5,153
818
15,983
13,625
5. Average number of persons employed
During the year the average number of employees was 1 (2024 : 1)
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