Acorah Software Products - Accounts Production 18.1.200 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 04416467 Mr Stephan Wenhold Mr Ray Staff Mr Ray Staff directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04416467 2024-04-30 04416467 2025-04-30 04416467 2024-05-01 2025-04-30 04416467 frs-core:CurrentFinancialInstruments 2025-04-30 04416467 frs-core:Non-currentFinancialInstruments 2025-04-30 04416467 frs-core:ComputerEquipment 2025-04-30 04416467 frs-core:ComputerEquipment 2024-05-01 2025-04-30 04416467 frs-core:ComputerEquipment 2024-04-30 04416467 frs-core:MotorVehicles 2025-04-30 04416467 frs-core:MotorVehicles 2024-05-01 2025-04-30 04416467 frs-core:MotorVehicles 2024-04-30 04416467 frs-core:PlantMachinery 2025-04-30 04416467 frs-core:PlantMachinery 2024-05-01 2025-04-30 04416467 frs-core:PlantMachinery 2024-04-30 04416467 frs-core:WithinOneYear 2025-04-30 04416467 frs-core:ShareCapital 2025-04-30 04416467 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 04416467 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04416467 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 04416467 frs-bus:SmallEntities 2024-05-01 2025-04-30 04416467 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 04416467 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 04416467 frs-bus:OrdinaryShareClass1 2024-05-01 2025-04-30 04416467 frs-bus:OrdinaryShareClass1 2025-04-30 04416467 1 2024-05-01 2025-04-30 04416467 frs-bus:Director1 2024-05-01 2025-04-30 04416467 frs-bus:Director2 2024-05-01 2025-04-30 04416467 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 04416467 frs-countries:EnglandWales 2024-05-01 2025-04-30 04416467 2023-04-30 04416467 2024-04-30 04416467 2023-05-01 2024-04-30 04416467 frs-core:CurrentFinancialInstruments 2024-04-30 04416467 frs-core:Non-currentFinancialInstruments 2024-04-30 04416467 frs-core:BetweenOneFiveYears 2024-04-30 04416467 frs-core:MotorVehicles 2023-05-01 2024-04-30 04416467 frs-core:WithinOneYear 2024-04-30 04416467 frs-core:ShareCapital 2024-04-30 04416467 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 04416467 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30
Registered number: 04416467
Universal Electrix Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Daverns
Chartered Accountants
Hardy House
Northbridge Road
Berkhamsted
Herts
HP4 1EF
Universal Electrix Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Universal Electrix Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 04416467

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 7,836 |  | 8,073
|  |  | 7,836 |  | 8,073
CURRENT ASSETS
Stocks | 5 | 124,786 |  | 92,886 |
Debtors | 6 | 156,630 |  | 138,246 |
Cash at bank and in hand |  | 26,415 |  | 58,398 |
|  | 307,831 |  | 289,530 |
Creditors: Amounts Falling Due Within One Year | 7 | (250,919 ) |  | (216,712 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 56,912 |  | 72,818
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 64,748 |  | 80,891
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (21,217 ) |  | (29,834 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,959 ) |  | (2,018 )
NET ASSETS |  |  | 41,572 |  | 49,039
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Profit and Loss Account |  |  | 41,570 |  | 49,037
SHAREHOLDERS' FUNDS |  |  | 41,572 |  | 49,039

Page 1
Page 2
Universal Electrix Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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

Mr Ray Staff Director
21st April 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Universal Electrix Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Universal Electrix Limited Registered number 04416467 is a limited by shares company incorporated in England & Wales. The Registered Office is Hardy House, Northbridge Road, Berkhamsted, Herts, HP4 1EF.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 | 18% reducing balance
Motor Vehicles | 25% reducing balance
Computer Equipment | 25% reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under 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 the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. 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.
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Page 4
Universal Electrix Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 2 |  | 2
Sales, marketing and distribution | 4 |  | 4
| 6 |  | 6

4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 6,683 | 25,033 | - | 31,716
Additions | 5,958 | - | 1,950 | 7,908
As at 30 April 2025 | 12,641 | 25,033 | 1,950 | 39,624
Depreciation
As at 1 May 2024 | 4,869 | 18,774 | - | 23,643
Provided during the period | 1,399 | 6,258 | 488 | 8,145
As at 30 April 2025 | 6,268 | 25,032 | 488 | 31,788
Net Book Value
As at 30 April 2025 | 6,373 | 1 | 1,462 | 7,836
As at 1 May 2024 | 1,814 | 6,259 | - | 8,073

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 6,258 |  | 6,258

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 124,786 |  | 92,886

Page 4
Page 5
Universal Electrix Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 153,947 |  | 133,754
Prepayments and accrued income | 713 |  | 4,413
Other debtors | - |  | 79
| 154,660 |  | 138,246
Due after more than one year
Corporation tax recoverable assets | 1,970 |  | -
| 156,630 |  | 138,246

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 1,431 |  | 3,982
Trade creditors | 168,697 |  | 97,312
Bank loans and overdrafts | 5,000 |  | 5,000
Corporation tax | - |  | 8,277
Other taxes and social security | 10,581 |  | 17,083
Other creditors | 5,233 |  | 2,930
Accruals and deferred income | 10,644 |  | 6,160
Directors' loan accounts | 49,333 |  | 75,968
| 250,919 |  | 216,712

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 1,056
Bank loans | 21,217 |  | 28,778
| 21,217 |  | 29,834

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 1,431 |  | 3,982
Later than one year and not later than five years | - |  | 1,056
| 1,431 |  | 5,038
| 1,431 |  | 5,038

Page 5
Page 6
Universal Electrix Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
2 Ordinary Shares of £ 1.000 each | 2 |  | 2

11. Directors Advances, Credits and Guarantees
Dividends paid to directors amounted to £60,000 (2019: £60,000) during the year.

| 2025 | 2024
--- | --- | ---
| £ | £
Mr Ray Staff | - | 30,000
Mr Paul Richards | - | 30,000

12. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | - |  | 60,000

13. Related Party Transactions
During the year the company made sales to Doubledrive Ltd (trading as: Transelectrix) in the sum of £189,798. S R Wenhold is a director of the Doubledrive Limited. The directors consider that the transactions are arms length.
14. Ultimate Controlling Party
The company's ultimate controlling parties are the directors by virtue of his ownership of 100% of their issued share capital in the company.
Page 6