REGISTERED NUMBER: 08514105 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2025

FOR

STRUCTURED NETWORKS TECHNOLOGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Thorpe

J E Buckton

M Thorpe

REGISTERED OFFICE:

403 Moss Lane

Walkden

Worsley

Manchester

M28 3NE

REGISTERED NUMBER:

08514105 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

5

27,997

26,837

CURRENT ASSETS

Stocks

444,729

-

Debtors

6

1,543,121

1,383,762

Cash at bank

546,550

718,369

2,534,400

2,102,131

CREDITORS

Amounts falling due within one year

7

1,089,979

779,002

NET CURRENT ASSETS

1,444,421

1,323,129

TOTAL ASSETS LESS CURRENT LIABILITIES

1,472,418

1,349,966

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

1,472,415

1,349,963

SHAREHOLDERS' FUNDS

1,472,418

1,349,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 30 December 2025 and were signed on its behalf by:

Mrs S Thorpe - Director

1.	STATUTORY INFORMATION

Structured Networks Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 44 ).

5.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 31 March 2024

108,095

18,952

127,047

Additions

5,745

4,660

10,405

At 30 March 2025

113,840

23,612

137,452

DEPRECIATION

At 31 March 2024

84,880

15,330

100,210

Charge for year

6,058

3,187

9,245

At 30 March 2025

90,938

18,517

109,455

NET BOOK VALUE

At 30 March 2025

22,902

5,095

27,997

At 30 March 2024

23,215

3,622

26,837

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

1,440,687

1,298,762

Loan

75,000

75,000

Prepayments

27,434

10,000

1,543,121

1,383,762

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Other loans

14,724

25,298

Trade creditors

522,602

235,600

Tax

169,098

150,469

Social security and other taxes

69,441

28,818

VAT

243,466

269,386

Other creditors

64,917

56,758

Directors current account

131

4,273

Accrued expenses

5,600

8,400

1,089,979

779,002

8.	RELATED PARTY DISCLOSURES

In March 2017 the director was advanced a loan of £75,000 at a rate of 3.5% which was repaid within the year. There was a new advance this year of £75,000 repayable within three years at a rate of 2.5% interest.