REGISTERED NUMBER: 02844605 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CABTEK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P D Hands

Mrs L Hands

REGISTERED OFFICE:

Gethin House

36 Bond Street

Nuneaton

CV11 4DA

REGISTERED NUMBER:

02844605 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

FIXED ASSETS

Tangible assets

4

101,773

108,042

CURRENT ASSETS

Stocks

111,212

125,458

Debtors

5

150,479

170,124

Cash at bank

44,216

84,992

305,907

380,574

CREDITORS

Amounts falling due within one year

6

182,437

222,683

NET CURRENT ASSETS

123,470

157,891

TOTAL ASSETS LESS CURRENT LIABILITIES

225,243

265,933

CREDITORS

Amounts falling due after more than one year

7

(7,471

)

(21,904

)

PROVISIONS FOR LIABILITIES

(18,676

)

(22,166

)

NET ASSETS

199,096

221,863

CAPITAL AND RESERVES

Called up share capital

8

300

300

Retained earnings

9

198,796

221,563

SHAREHOLDERS' FUNDS

199,096

221,863

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 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 2 January 2026 and were signed on its behalf by:

Mr P D Hands - Director

1.	STATUTORY INFORMATION

CABTEK 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.	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.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

19,378

251,274

9,417

32,140

312,209

Additions

7,691

300

-

-

7,991

At 31 March 2025

27,069

251,574

9,417

32,140

320,200

DEPRECIATION

At 1 April 2024

-

174,808

7,388

21,971

204,167

Charge for year

-

11,515

203

2,542

14,260

At 31 March 2025

-

186,323

7,591

24,513

218,427

NET BOOK VALUE

At 31 March 2025

27,069

65,251

1,826

7,627

101,773

At 31 March 2024

19,378

76,466

2,029

10,169

108,042

Included within the net book value of plant and machinery is £10,970 in respect of assets held under hire purchase contracts. The depreciation charged on these assets amounted to £1,936 during the year.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

146,995

165,292

Prepayments

3,484

4,832

150,479

170,124

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,375

11,007

Hire purchase contracts

4,682

5,582

Trade creditors

112,022

118,224

Taxation and social security

45,827

62,128

Other creditors

9,531

25,742

182,437

222,683

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,285

15,661

Hire purchase contracts

1,561

6,243

Other creditors

625

-

7,471

21,904

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

300

300

9.

RESERVES

Retained

earnings

£

At 1 April 2024

221,563

Profit for the year

63,633

Dividends

(86,400

)

At 31 March 2025

198,796

10.	RELATED PARTY DISCLOSURES

Included in Other Creditors owing is an amount of £2,708 (2023 £8,333) to Mr D Hands.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P D Hands.