REGISTERED NUMBER: 14514021 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Aeroflex Engineering Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B D Murphy

D Grant

D R Lloyd

D M Murphy

REGISTERED OFFICE:

898-902 Wimborne Road

Moordown

Bournemouth

Dorset

BH9 2DW

REGISTERED NUMBER:

14514021 (England and Wales)

ACCOUNTANTS:

Stephen Penny and Partners Limited

Chartered Certified Accountants

and Business Advisors

898-902 Wimborne Road

Bournemouth

Dorset

BH9 2DW

FIXED ASSETS

Investments

4

8,894,694

8,894,694

CURRENT ASSETS

Debtors

5

47,968

25,915

Cash at bank

389

1,411

48,357

27,326

CREDITORS

Amounts falling due within one year

6

741,277

741,795

NET CURRENT LIABILITIES

(692,920

)

(714,469

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,201,774

8,180,225

CREDITORS

Amounts falling due after more than one year

7

-

1,172,064

NET ASSETS

8,201,774

7,008,161

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

3,799,929

3,799,929

Retained earnings

4,401,745

3,208,132

8,201,774

7,008,161

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 22 September 2025 and were signed on its behalf by:

D M Murphy - Director

1.	STATUTORY INFORMATION

Aeroflex Engineering Group 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.

Preparation of consolidated financial statements

The financial statements contain information about Aeroflex Engineering Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

8,894,694

NET BOOK VALUE

At 31 December 2024

8,894,694

At 31 December 2023

8,894,694

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

47,735

25,699

Other debtors

233

216

47,968

25,915

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

4,659

4,684

Other creditors

736,618

737,111

741,277

741,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

-

1,172,064