REGISTERED NUMBER: 00934853 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

CERAMIC SUBSTRATES & COMPONENTS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

F G Blain

Mrs M C Blain

A Starnes

SECRETARY:

Mrs M C Blain

REGISTERED OFFICE:

Exchange House

St Cross Lane

Newport

Isle of Wight

PO30 5BZ

REGISTERED NUMBER:

00934853 (England and Wales)

ACCOUNTANTS:

Bright Brown Limited

Chartered Accountants

Exchange House

St. Cross Lane

Newport

Isle of Wight

PO30 5BZ

FIXED ASSETS

Tangible assets

4

114,691

111,008

Investments

5

255,138

242,782

Investment property

6

840,000

840,000

1,209,829

1,193,790

CURRENT ASSETS

Stocks

72,459

90,094

Debtors

7

519,000

136,307

Cash at bank and in hand

515,794

752,662

1,107,253

979,063

CREDITORS

Amounts falling due within one year

8

172,532

200,842

NET CURRENT ASSETS

934,721

778,221

TOTAL ASSETS LESS CURRENT LIABILITIES

2,144,550

1,972,011

PROVISIONS FOR LIABILITIES

8,597

7,477

NET ASSETS

2,135,953

1,964,534

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,135,853

1,964,434

SHAREHOLDERS' FUNDS

2,135,953

1,964,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by:

Mrs M C Blain - Director

1.	STATUTORY INFORMATION

Ceramic Substrates & Components 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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

Straight line over 3 - 50 years

Plant and machinery etc

-

Straight line over 10 years and Straight line over 4 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

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

Amounts due to the company under contracts are included in debtors based on a proportion of sales value.

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.

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 12 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

161,576

504,692

666,268

Additions

-

5,440

5,440

Disposals

-

(1,103

)

(1,103

)

At 30 June 2025

161,576

509,029

670,605

DEPRECIATION

At 1 July 2024

52,548

502,712

555,260

Charge for year

193

1,564

1,757

Eliminated on disposal

-

(1,103

)

(1,103

)

At 30 June 2025

52,741

503,173

555,914

NET BOOK VALUE

At 30 June 2025

108,835

5,856

114,691

At 30 June 2024

109,028

1,980

111,008

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

242,782

Revaluations

8,162

Dividends received

4,194

At 30 June 2025

255,138

NET BOOK VALUE

At 30 June 2025

255,138

At 30 June 2024

242,782

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2021

(802

)

Valuation in 2022

(19,132

)

Valuation in 2023

(10,537

)

Valuation in 2024

11,671

Valuation in 2025

8,162

Cost

265,776

255,138

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

840,000

NET BOOK VALUE

At 30 June 2025

840,000

At 30 June 2024

840,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2011

(68,996

)

Valuation in 2021

8,000

Valuation in 2022

6,680

Valuation in 2023

2,291

Valuation in 2024

4,000

Cost

888,025

840,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

888,025

888,025

Investment properties were valued on an open market basis on 30 June 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

81,152

112,663

Amounts recoverable on contract

8,765

4,298

Other debtors

429,083

19,346

519,000

136,307

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,099

66,800

Taxation and social security

115,606

118,479

Other creditors

35,827

15,563

172,532

200,842

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

A Starnes

Balance outstanding at start of year

19

-

Amounts advanced

410,105

19

Amounts repaid

(19

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

410,105

19