Registration number: 03110055

Fibrenex Communications Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Fibrenex Communications Limited

Company Information

Director

Mr M J Smale

Company secretary

Mrs S L Smale

Registered office

68 Isaacson Road Burwell Cambridgeshire CB25 0AF

Accountants

N W Accountancy Limited 7 Laureate Paddocks Newmarket Suffolk CB8 0AP

Fibrenex Communications Limited

(Registration number: 03110055)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	44,269	57,980
Current assets
Stocks	5	750	13,246
Debtors	6	94,860	124,456
Cash at bank and in hand		83,487	238,557
		179,097	376,259
Creditors: Amounts falling due within one year	7	(130,980)	(271,065)
Net current assets		48,117	105,194
Total assets less current liabilities		92,386	163,174
Creditors: Amounts falling due after more than one year	7	(1,791)	(17,084)
Net assets		90,595	146,090
Capital and reserves
Called up share capital	8	102	102
Retained earnings		90,493	145,988
Shareholders' funds		90,595	146,090

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 April 2026
 

......................................... Mr M J Smale Director

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
68 Isaacson Road
Burwell
Cambridgeshire
CB25 0AF
United Kingdom

These financial statements were authorised for issue by the director on 27 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office improvements	2% on cost
Plant and machinery	15% reducing balance basis
Motor vehicles	25% reducing balance basis
Computer equipment	15% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2024 - 13).

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 November 2024	15,356	143,001	20,750	179,107
At 31 October 2025	15,356	143,001	20,750	179,107
Depreciation
At 1 November 2024	8,941	92,855	19,331	121,127
Charge for the year	962	12,536	213	13,711
At 31 October 2025	9,903	105,391	19,544	134,838
Carrying amount
At 31 October 2025	5,453	37,610	1,206	44,269
At 31 October 2024	6,415	50,146	1,419	57,980

5

Stocks

	2025 £	2024 £
Other inventories	750	13,246

6

Debtors

Current	2025 £	2024 £
Trade debtors	75,660	102,724
Other debtors	19,200	21,732
	94,860	124,456

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	15,312	20,739
Trade creditors		19,071	20,895
Taxation and social security		76,072	100,646
Accruals and deferred income		3,170	3,000
Other creditors		17,355	125,785
		130,980	271,065

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	1,791	17,084

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A Shares of £1 each	100	100	100	100
Ordinary B Shares of £1 each	1	1	1	1
Ordinary C Shares of £1 each	1	1	1	1
	102	102	102	102

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	6,693
Hire purchase contracts	1,791	10,391
	1,791	17,084

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	6,712	9,972
Hire purchase contracts	8,600	10,767
	15,312	20,739

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of 1,500.00 (2024 - 1,300.00) per each Ordinary A Share		150,000		130,000

Fibrenex Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

11	Related party transactions

Transactions with the director

2025	At 1 November 2024 £	Advances to director £	At 31 October 2025 £
Mr M J Smale
Loan from/(to) Director - unsecured, interest free and repayable on demand	5,250	8,294	13,544

2024	At 1 November 2023 £	Advances to director £	At 31 October 2024 £
Mr M J Smale
Loan from/(to) Director - unsecured, interest free and repayable on demand	(472)	5,722	5,250

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	12,570	12,570

Dividends paid to the director

		2025 £		2024 £
Mr M J Smale
Interim Dividend		75,000		65,000

Summary of transactions with entities with joint control or significant interest

A loan made to Rapport Investments Ltd, a company owned by the Director and Shareholders, had a balance outstanding at the year end of £10,080 (2024 - £10,080).