REGISTERED NUMBER: 03386682 (England and Wales)

Financial Statements

for the Year Ended

31 December 2024

for

Saunders Electronics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J Howell

Mrs L F Walder

REGISTERED OFFICE:

145 Glaisdale Drive West

Bilborough

Nottingham

Nottinghamshire

NG8 4GY

REGISTERED NUMBER:

03386682 (England and Wales)

AUDITORS:

The Rowleys Partnership Ltd

Statutory Auditors

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

CURRENT ASSETS

Debtors

4

25,869

25,869

TOTAL ASSETS LESS CURRENT LIABILITIES

25,869

25,869

CAPITAL AND RESERVES

Called up share capital

5

10,800

10,800

Retained earnings

15,069

15,069

SHAREHOLDERS' FUNDS

25,869

25,869

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 10 September 2025 and were signed on its behalf by:

Mrs L F Walder - Director

1.	STATUTORY INFORMATION

Saunders 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

25,869

25,869

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

10,800

Ordinary

£1

10,800

10,800

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matt Hutchinson FCA FCCA (Senior Statutory Auditor)

for and on behalf of The Rowleys Partnership Ltd

7.	RELATED PARTY DISCLOSURES

Included in debtors is an amount of £25,869 (2023: £25,869) due from the parent company Pressac Communications Limited which is interest free and repayable on demand.

8.	INTELLECTUAL PROPERTY

The company holds intellectual property rights in respect of certain product licences.

9.	ULTIMATE HOLDING COMPANY

The company is a wholly owned subsidiary of Pressac Communications Limited incorporated in England and Wales.