| Formac Electronics Limited |
| Registered Number:01553452 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Formac Electronics Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Formac Electronics Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
284,237
284,121
2
284,237
284,121
30,000
30,000
3
| Trade and other receivables |
55,219
51,689
4
299,598
| Cash and cash equivalents |
409,221
490,910
384,817
| Trade and other payables: amounts falling due within one |
| year |
(114,001)
(151,053)
5
270,816
339,857
Net current assets
| Total assets less current liabilities |
624,094
554,937
624,094
Net assets
554,937
100,002
100,002
524,092
454,935
624,094
554,937
Shareholders' funds
| For the year ended 31 March 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 31 March 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. |
| J.L. McLean-Foreman Director |
| These financial statements were approved and authorised for issue by the Board on 15 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Formac Electronics Limited
Notes to the Financial Statements
Statutory Information
| Formac Electronics Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 01553452. |
Oxford House
Oxford Place
Combe Down
Bath
BA2 5HD
| The presentation currency is £ sterling. |
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. |
| 2. Property, plant and equipment |
309,289
841
25,505
282,943
547
547
-
-
282,943
25,505
1,388
309,836
| Provision for depreciation and impairment |
25,168
368
24,800
-
Charge for year
431
255
176
-
25,599
623
24,976
-
282,943
529
765
284,237
282,943
705
473
284,121
2024
2025
30,000
30,000
2 of 3
For the year ended 31 March 2025
Formac Electronics Limited
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2024
2025
46,634
55,219
5,055
-
55,219
51,689
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
12,975
11,066
138,078
102,935
151,053
114,001
| 6. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
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