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REGISTERED NUMBER: 04659974 (England and Wales)

DIODE ELECTRICS LIMITED

Unaudited Financial Statements for the Year Ended 30 September 2025

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 8 |

DIODE ELECTRICS LIMITED

Company Information

for the Year Ended 30 September 2025

| DIRECTOR: | SJ Clews

| REGISTERED OFFICE: | Granville House

| 2 Tettenhall Road

| Wolverhampton

| WV1 4SB

| REGISTERED NUMBER: | 04659974 (England and Wales)

| ACCOUNTANTS: | Lancaster Haskins Limited

| Granville House

| 2 Tettenhall Road

| Wolverhampton

| West Midlands

| WV1 4SB

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Balance Sheet

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 140,757 |  | 164,073 |  |

140,757 |  | 164,073 |  |

CURRENT ASSETS

Stocks | 8,300 |  | 10,993 |  |

Debtors | 6 | 342,003 |  | 546,248 |  |

Cash at bank and in hand | 357,518 |  | 169,519 |  |

707,821 |  | 726,760 |  |

CREDITORS

Amounts falling due within one year | 7 | 74,299 |  | 112,673 |  |

NET CURRENT ASSETS | 633,522 |  | 614,087 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 774,279 |  | 778,160 |  |

PROVISIONS FOR LIABILITIES | 35,189 |  | 41,018 |  |

NET ASSETS | 739,090 |  | 737,142 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 8 | 738,990 |  | 737,042 |  |

SHAREHOLDERS' FUNDS | 739,090 |  | 737,142 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Balance Sheet - continued

30 September 2025

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 27 January 2026 and were signed by:

S.J. Clews - Director

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Diode Electrics 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 recognised when the goods are physically delivered to the customer.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of the business in 2004, will be amortised evenly over its estimated useful life with effect from 1st October 2006.

| 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.

| 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 | - | 12.5% on cost

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 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.

| Financial instruments

| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares of non-puttable ordinary shares which are measured at fair value, with changed recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

| 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.

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 30,000 |  |

| AMORTISATION

| At 1 October 2024

| and 30 September 2025 | 30,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  |

| At 30 September 2024 | - |  |

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 291,382 |  | 3,583 |  | 38,513 |  | 3,420 |  | 336,898 |  |

| Additions | 22,984 |  | - |  | - |  | 370 |  | 23,354 |  |

| Disposals | (33,899 | ) | - |  | - |  | - |  | (33,899 | ) |

| At 30 September 2025 | 280,467 |  | 3,583 |  | 38,513 |  | 3,790 |  | 326,353 |  |

| DEPRECIATION

| At 1 October 2024 | 132,304 |  | 3,399 |  | 34,659 |  | 2,463 |  | 172,825 |  |

| Charge for year | 25,067 |  | 46 |  | 963 |  | 393 |  | 26,469 |  |

| Eliminated on disposal | (13,698 | ) | - |  | - |  | - |  | (13,698 | ) |

| At 30 September 2025 | 143,673 |  | 3,445 |  | 35,622 |  | 2,856 |  | 185,596 |  |

| NET BOOK VALUE

| At 30 September 2025 | 136,794 |  | 138 |  | 2,891 |  | 934 |  | 140,757 |  |

| At 30 September 2024 | 159,078 |  | 184 |  | 3,854 |  | 957 |  | 164,073 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 90,463 |  | 109,575 |  |

| Directors' current accounts | 181,659 |  | 366,841 |  |

| Tax | 68,211 |  | 68,211 |  |

| Prepayments | 1,670 |  | 1,621 |  |

342,003 |  | 546,248 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade creditors | 15,603 |  | 12,251 |  |

| Social security and other taxes | 51,879 |  | 93,848 |  |

| Accrued expenses | 6,817 |  | 6,574 |  |

74,299 |  | 112,673 |  |

DIODE ELECTRICS LIMITED (REGISTERED NUMBER: 04659974)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

8. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | 737,042 |  |

| Profit for the year | 111,948 |  |

| Dividends | (110,000 | ) |

| At 30 September 2025 | 738,990 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

| 30.9.25 |  | 30.9.24

£ | £ |

| SJ Clews

| Balance outstanding at start of year | 366,841 |  | 181,874 |  |

| Amounts advanced | - |  | 184,967 |  |

| Amounts repaid | (185,182 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 181,659 |  | 366,841 |  |

10. | ULTIMATE CONTROLLING PARTY

| The company is controlled by the director.

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

Diode Electrics Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Diode Electrics Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Diode Electrics Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Diode Electrics Limited and state those matters that we have agreed to state to the director of Diode Electrics Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Diode Electrics Limited and its director for our work or for this report.

It is your duty to ensure that Diode Electrics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Diode Electrics Limited. You consider that Diode Electrics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Diode Electrics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

28 January 2026