REGISTERED NUMBER: 02550086 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CAMBRIDGE REACTOR DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr B Harji

REGISTERED OFFICE:

Unit 2 Brookfield Business Centre

Twentypence Road

Cottenham

Cambridge

Cambridgeshire

CB24 8PS

REGISTERED NUMBER:

02550086 (England and Wales)

ACCOUNTANTS:

Green and Purple Limited

Building 1000

Cambridge Research Park

Waterbeach

Cambridgeshire

CB25 9PD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

19,546

25,272

Investments

6

1

1

19,547

25,273

CURRENT ASSETS

Debtors

7

3,099,574

2,867,928

Cash at bank

2,565,963

2,214,785

5,665,537

5,082,713

CREDITORS

Amounts falling due within one year

8

(66,328

)

(70,516

)

NET CURRENT ASSETS

5,599,209

5,012,197

TOTAL ASSETS LESS CURRENT LIABILITIES

5,618,756

5,037,470

PROVISIONS FOR LIABILITIES

(4,586

)

(4,538

)

NET ASSETS

5,614,170

5,032,932

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

5,613,970

5,032,732

5,614,170

5,032,932

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 director acknowledges her 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 director and authorised for issue on 16 December 2025 and were signed by:

Dr B Harji - Director

1.	Statutory information

Cambridge Reactor Design 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.

Turnover in respect of long-term contracts and contracts for on-going services is recognised by is recognised by reference to the stage of completion.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to short leasehold property

20% straight line

Plant & machinery

25% straight line

Office equipment

25% straight line

Computer equipment

20% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of two years.

3.	Employees and directors

The average number of employees during the year was 12 (2024 - 6 ) .

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 April 2024

and 31 March 2025

45,431

Amortisation

At 1 April 2024

and 31 March 2025

45,431

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2024

336,775

Additions

4,007

At 31 March 2025

340,782

Depreciation

At 1 April 2024

311,503

Charge for year

9,733

At 31 March 2025

321,236

Net book value

At 31 March 2025

19,546

At 31 March 2024

25,272

6.	Fixed asset investments

Shares in

group

undertaking

£

Cost

At 1 April 2024

and 31 March 2025

250,000

Provisions

At 1 April 2024

and 31 March 2025

249,999

Net book value

At 31 March 2025

1

At 31 March 2024

1

7.

Debtors

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

322,048

395,808

Amounts owed by group undertakings

1,647,074

1,326,367

Other debtors

246,575

6,603

2,215,697

1,728,778

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

883,877

1,139,150

Aggregate amounts

3,099,574

2,867,928

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

26,454

12,760

Taxation and social security

39,684

51,756

Other creditors

190

6,000

66,328

70,516

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Dr B Harji

Balance outstanding at start of year

854,718

1,472,483

Amounts advanced

75,174

130,893

Amounts repaid

(46,016

)

(748,658

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

883,876

854,718

Interest has been charged on the advance to the director at HMRC's approved rate. The advance is repayable on demand.

10.	Director's loan account

At the year end, the director’s loan account was overdrawn by £883,876.. This balance arose from drawings taken during the year and in prior years.

The overdrawn balance was fully repaid by the director within nine months of the year end, and therefore no interest has been charged. The repayment occurred prior to the approval of these financial statements.

The directors consider that, given the post-year-end repayment, no liability exists at the date of signing beyond disclosure of the balance outstanding at the reporting date.