Company Registration No. 02859840 (England and Wales)
Electronic Modular Solutions Limited
Unaudited accounts
for the year ended 31 October 2025
Electronic Modular Solutions Limited
Unaudited accounts
Contents
Electronic Modular Solutions Limited
Company Information
for the year ended 31 October 2025
Directors
Mohammed Idrees
Shaheena Kay Idrees
Company Number
02859840 (England and Wales)
Registered Office
94a Saffron Road
Wigston
Leicestershire
England
LE18 4UN
United Kingdom
Accountants
Dr Tax UK Limited
The Old School House
65A London Road
Leicester
Leicestershire
LE2 5DN
Electronic Modular Solutions Limited
Statement of financial position
as at 31 October 2025
Tangible assets
1,243,164
769,771
Inventories
182,566
159,492
Cash at bank and in hand
400,650
2,364,033
Creditors: amounts falling due within one year
99,405
(202,138)
Net current assets
800,142
2,444,205
Total assets less current liabilities
2,043,306
3,213,976
Provisions for liabilities
Deferred tax
(2,375)
(6,346)
Net assets
2,040,931
3,207,630
Called up share capital
1
2
Profit and loss account
2,040,930
3,207,628
Shareholders' funds
2,040,931
3,207,630
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2026 and were signed on its behalf by
Mohammed Idrees
Director
Company Registration No. 02859840
Electronic Modular Solutions Limited
Notes to the Accounts
for the year ended 31 October 2025
Electronic Modular Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 02859840. The registered office and principal place of business is 94a Saffron Road, Wigston, Leicestershire, England, LE18 4UN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 10 years
Fixtures & fittings
over 10 years
Other tangible fixed assets
over the lease term
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Stock have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Electronic Modular Solutions Limited
Notes to the Accounts
for the year ended 31 October 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
748,664
51,084
71,851
871,599
Additions
485,000
763
-
485,763
At 31 October 2025
1,233,664
51,847
71,851
1,357,362
At 1 November 2024
-
42,910
58,918
101,828
Charge for the year
-
5,185
7,185
12,370
At 31 October 2025
-
48,095
66,103
114,198
At 31 October 2025
1,233,664
3,752
5,748
1,243,164
At 31 October 2024
748,664
8,174
12,933
769,771
Amounts falling due within one year
Trade debtors
117,521
122,818
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,903
21,639
Taxes and social security
122,187
128,068
Loans from directors
(257,898)
14,027
During the year, the company acquired property from the director for £485,000. The consideration was settled against the director’s loan account.
There were amounts totaling £257,898 due from the director as at the year end. The amounts due were cleared within 9 months of the year end. In the prior year (2024- £14,031 was due to the director).
Electronic Modular Solutions Limited
Notes to the Accounts
for the year ended 31 October 2025
8
Transactions with related parties
During the year, the company entered into a material transaction with the director.
On 31 October 2025, the company acquired a freehold property known as 94A Saffron Road from the director for £485,000. The consideration was settled against the director’s loan account.
The transaction was undertaken at market value, supported by an independent valuation.
Stamp Duty Land Tax (SDLT) arising on the acquisition was paid by the company.
The ultimate control of the company lies with the director.
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).