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Registered number: 2825054
BPC Electronics Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 2825054
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 479,586 364,586
Tangible Assets 5 561,700 630,549
1,041,286 995,135
CURRENT ASSETS
Stocks 984,637 931,525
Debtors 6 2,173,185 2,213,631
Cash at bank and in hand 64 9
3,157,886 3,145,165
Creditors: Amounts Falling Due Within One Year 7 (1,469,096 ) (1,525,910 )
NET CURRENT ASSETS (LIABILITIES) 1,688,790 1,619,255
TOTAL ASSETS LESS CURRENT LIABILITIES 2,730,076 2,614,390
Creditors: Amounts Falling Due After More Than One Year 8 (532,882 ) (512,170 )
NET ASSETS 2,197,194 2,102,220
CAPITAL AND RESERVES
Called up share capital 770,100 770,100
Profit and Loss Account 1,427,094 1,332,120
SHAREHOLDERS' FUNDS 2,197,194 2,102,220
Page 1
Page 2
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Gurbakhash Sanghera
Director
11 December 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BPC Electronics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 2825054 . The registered office is Omni House, Sheene Road, Leicester, England, LE4 1BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Research and Development
Capitalised expenditure on research and development and amortised over 5 years on a straight line basis.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% - 20% reducing balance
Motor Vehicles 15% - 20% reducing balance
Computer Equipment 15% - 20% Reducing balance
2.6. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2024: 30)
30 30
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4. Intangible Assets
Goodwill Development Costs Total
£ £ £
Cost
As at 1 April 2024 100,000 535,708 635,708
Additions - 120,000 120,000
As at 31 March 2025 100,000 655,708 755,708
Amortisation
As at 1 April 2024 90,000 181,122 271,122
Provided during the period 5,000 - 5,000
As at 31 March 2025 95,000 181,122 276,122
Net Book Value
As at 31 March 2025 5,000 474,586 479,586
As at 1 April 2024 10,000 354,586 364,586
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 1,903,673 138,428 206,447 2,248,548
Additions 73,239 - - 73,239
As at 31 March 2025 1,976,912 138,428 206,447 2,321,787
Depreciation
As at 1 April 2024 1,371,942 45,434 200,623 1,617,999
Provided during the period 117,777 23,148 1,163 142,088
As at 31 March 2025 1,489,719 68,582 201,786 1,760,087
Net Book Value
As at 31 March 2025 487,193 69,846 4,661 561,700
As at 1 April 2024 531,731 92,994 5,824 630,549
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 218,777 358,274
Other debtors 1,156,805 1,079,194
Corporation tax recoverable assets 228 -
1,375,810 1,437,468
Due after more than one year
Other debtors 797,375 776,163
2,173,185 2,213,631
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 159,056 143,679
Trade creditors 776,723 858,150
Bank loans and overdrafts 30,000 31,571
Other taxes and social security 223,776 277,172
Other creditors 279,541 215,338
1,469,096 1,525,910
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 65,347 194,527
Bank loans 5,000 35,000
Other creditors 121,055 -
Amounts owed to group undertakings 341,480 282,643
532,882 512,170
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 224,403 338,206
Trade Creditors 249,244 330,472
Bank loans and overdrafts 35,000 151,900
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10. Ultimate Parent Undertaking and Controlling Party
The company's parent undertaking is BPC (Holdings) Limited, a company incorporated in England & Wales.
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