REGISTERED NUMBER: 01021688 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CIRCUIT PLATING EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V K Davey

SECRETARY:

T Rooney

REGISTERED OFFICE:

43 Frog Hall Drive

Wokingham

Berkshire

RG40 2LE

REGISTERED NUMBER:

01021688 (England and Wales)

ACCOUNTANTS:

Banks & Co Limited

Chartered Certified Accountants

1 Carnegie Road

Newbury

Berkshire

RG14 5DJ

CURRENT ASSETS

Stocks

4,500

4,750

Debtors

5

583

592

Cash at bank

61,096

61,643

66,179

66,985

CREDITORS

Amounts falling due within one year

6

109,378

100,729

NET CURRENT LIABILITIES

(43,199

)

(33,744

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,199

)

(33,744

)

CAPITAL AND RESERVES

Called up share capital

7

25,000

25,000

Retained earnings

(68,199

)

(58,744

)

SHAREHOLDERS' FUNDS

(43,199

)

(33,744

)

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 23 December 2025 and were signed by:

V K Davey - Director

1.	STATUTORY INFORMATION

Circuit Plating Equipment Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 01021688 and its registered office address is PO Box 3198, 43 Frog Hall Drive, Wokingham, Berkshire, RG40 2HA.

The presentation currency of the financial statements is the GB pound (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Overall risk to operations

Following the year end, there have been no substantial developments that would affect the company's ability to trade profitably. The Company has therefore determined that there are no post balance sheet events and accordingly, the financial position as at, and results of the operations for, the year ended 31 March 2024 have not been adjusted to reflect their impact.

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.

Improvements to property

-

20% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% 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.

Going concern

The director has invested in the company and also supports the working capital as required. The director has confirmed that repayment of the loan will not be sought until the working capital position of the company allows.

On this basis the accounts have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

31,406

6,869

55,940

94,215

DEPRECIATION

At 1 April 2024

and 31 March 2025

31,406

6,869

55,940

94,215

NET BOOK VALUE

At 31 March 2025

-

-

-

-

At 31 March 2024

-

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

106

106

VAT

477

486

583

592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,782

783

Directors' current accounts

106,396

97,396

Accrued expenses

1,200

2,550

109,378

100,729

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

25,000

Ordinary

£1

25,000

25,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is V K Davey.