REGISTERED NUMBER: 03737294 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Calex Electronics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr T K Barry

G J Fuller

REGISTERED OFFICE:

Leedon House

Chartmoor Road

Leighton Buzzard

Bedfordshire

LU7 4TN

REGISTERED NUMBER:

03737294 (England and Wales)

ACCOUNTANT:

Roberts Accountancy & Tax Limited

11 Chartmoor Road

Leighton Buzzard

Bedfordshire

LU7 4WG

FIXED ASSETS

Tangible assets

4

44,556

49,312

CURRENT ASSETS

Stocks

338,283

402,022

Debtors

5

398,612

359,492

Cash at bank and in hand

3,366,136

2,816,038

4,103,031

3,577,552

CREDITORS

Amounts falling due within one year

6

(334,234

)

(243,418

)

NET CURRENT ASSETS

3,768,797

3,334,134

TOTAL ASSETS LESS CURRENT LIABILITIES

3,813,353

3,383,446

CAPITAL AND RESERVES

Called up share capital

1,450

1,450

Retained earnings

3,811,903

3,381,996

3,813,353

3,383,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 December 2025 and were signed on its behalf by:

Dr T K Barry - Director

1.	STATUTORY INFORMATION

Calex 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.

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

-

10% on cost

Plant and machinery etc

-

20% on cost and 15% on cost

Stocks

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

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 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

7,766

242,814

250,580

Additions

-

14,142

14,142

At 31 March 2025

7,766

256,956

264,722

DEPRECIATION

At 1 April 2024

7,766

193,502

201,268

Charge for year

-

18,898

18,898

At 31 March 2025

7,766

212,400

220,166

NET BOOK VALUE

At 31 March 2025

-

44,556

44,556

At 31 March 2024

-

49,312

49,312

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

373,376

340,237

Other debtors

25,236

19,255

398,612

359,492

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

188,521

111,926

Taxation and social security

133,691

110,133

Other creditors

12,022

21,359

334,234

243,418

7.	POST BALANCE SHEET EVENTS

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Fuller.