REGISTERED NUMBER: 11411732 (England and Wales)

Exploration Electronics Holdings Ltd

Unaudited Financial Statements

for the year ended

31 August 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

4

FIXED ASSETS

Tangible assets

5

1,051,284

1,059,999

Investments

6

3

3

Investment property

7

257,500

250,000

1,308,787

1,310,002

CURRENT ASSETS

Debtors

8

2,116,538

2,399,715

Investments

9

20,750,738

16,358,303

Cash at bank

1,490,908

746,342

24,358,184

19,504,360

CREDITORS

Amounts falling due within one year

10

(386,253

)

(242,049

)

NET CURRENT ASSETS

23,971,931

19,262,311

TOTAL ASSETS LESS CURRENT LIABILITIES

25,280,718

20,572,313

PROVISIONS FOR LIABILITIES

(6,450

)

(10,628

)

NET ASSETS

25,274,268

20,561,685

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

25,274,168

20,561,585

SHAREHOLDERS' FUNDS

25,274,268

20,561,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 17 May 2026 and were signed on its behalf by:

B H Allen - Director

1.	STATUTORY INFORMATION

Exploration Electronics Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11411732

Registered office:

Exploration Electronics Limited

London Road

Beccles

Suffolk

NR34 8TS

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 as modified by the revaluation of certain assets.

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.

Freehold property

-

Not depreciated

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is 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.

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.

Current asset investments

Current asset investments are recognised initially at cost and subsequently measured at fair value at the balance sheet date. Gains and losses arising from changes in fair value are recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

1,023,542

780

51,677

2,039

1,078,038

Additions

-

-

-

1,019

1,019

At 31 August 2025

1,023,542

780

51,677

3,058

1,079,057

DEPRECIATION

At 1 September 2024

-

268

16,955

816

18,039

Charge for year

-

128

8,681

925

9,734

At 31 August 2025

-

396

25,636

1,741

27,773

NET BOOK VALUE

At 31 August 2025

1,023,542

384

26,041

1,317

1,051,284

At 31 August 2024

1,023,542

512

34,722

1,223

1,059,999

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

3

NET BOOK VALUE

At 31 August 2025

3

At 31 August 2024

3

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

250,000

Revaluations

7,500

At 31 August 2025

257,500

NET BOOK VALUE

At 31 August 2025

257,500

At 31 August 2024

250,000

Investment properties are measured at fair value at each reporting date. Fair value has been determined by the directors based on market evidence and available comparable information.

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

7,500

Cost

250,000

257,500

Investment property was valued on an open market basis on 31 August 2025 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

6,595

3,938

Amounts owed by group undertakings

239,893

314,293

Other debtors

1,870,050

2,081,484

2,116,538

2,399,715

9.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

20,750,738

16,358,303

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

366

5,671

Taxation and social security

375,900

226,428

Other creditors

9,987

9,950

386,253

242,049

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors by virtue of their shareholding.