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Registered number: 02508095
SCANFLEX LIMITED
Financial Statements
For The Year Ended 31 December 2025
Pennington Williams Limited
Chartered Certified Accountants
Stanhope House Mark Rake
Bromborough
Wirral
CH62 2DN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02508095
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,400 -
Tangible Assets 5 3,933 2,138
9,333 2,138
CURRENT ASSETS
Stocks 6 4,919 5,553
Debtors 7 38,488 55,573
Cash at bank and in hand 438,699 526,589
482,106 587,715
Creditors: Amounts Falling Due Within One Year 8 (56,415 ) (171,785 )
NET CURRENT ASSETS (LIABILITIES) 425,691 415,930
TOTAL ASSETS LESS CURRENT LIABILITIES 435,024 418,068
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,333 ) (534 )
NET ASSETS 432,691 417,534
CAPITAL AND RESERVES
Called up share capital 9 29,950 29,950
Share premium account 63,050 63,050
Profit and Loss Account 339,691 324,534
SHAREHOLDERS' FUNDS 432,691 417,534
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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 J Bredholt
Director
Mr H Fleetwood
Director
21/04/2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
SCANFLEX LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02508095 . The registered office is 2 Thursby Road, Croft Business Park, Wirral, Merseyside, CH62 3PW.
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 fair value of consideration received or receivable for the sale of goods, net of VAT, returns, rebates and discounts.
Revenue from the sale of goods is recognised when control of the goods passes to the customer, which is typically when the goods are dispatched to the customer or site, based on confirmation of shipment from the supplier.
Payments received in advance of delivery are recognised as deferred income and released to revenue when the related goods are supplied.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets comprise website development costs.
They are initially recognised at cost and subsequently measured at cost less accumulated amortisation and impairment losses.
Amortisation is charged to profit or loss on a straight-line basis over their estimated useful economic life of 4 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
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.
Cost is determined using the average cost method and includes purchase cost and costs incurred in bringing the stock to its present location and condition.
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2.6. Financial Instruments
Trade Debtors
Trade debtors are recognised initially at transaction price and subsequently measured at amortised cost less any provision for impairment.
A provision for impairment is made where there is objective evidence that the company will not be able to collect amounts due.
Trade creditors
Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost.
Leases
Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the term of the lease.
2.7. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Dividends
Dividends are recognised as a liability in the period in which they are declared.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 -
Additions 7,200
As at 31 December 2025 7,200
Amortisation
As at 1 January 2025 -
Provided during the period 1,800
As at 31 December 2025 1,800
Net Book Value
As at 31 December 2025 5,400
As at 1 January 2025 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 12,775 10,890 23,665
Additions 1,096 2,549 3,645
As at 31 December 2025 13,871 13,439 27,310
Depreciation
As at 1 January 2025 12,644 8,883 21,527
Provided during the period 252 1,598 1,850
As at 31 December 2025 12,896 10,481 23,377
...CONTINUED
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Net Book Value
As at 31 December 2025 975 2,958 3,933
As at 1 January 2025 131 2,007 2,138
6. Stocks
2025 2024
£ £
Stock 4,919 5,553
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 32,090 48,264
Prepayments and accrued income 6,398 7,309
38,488 55,573
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 19,634 106,807
Corporation tax 8,306 5,629
Other taxes and social security 2,032 2,812
VAT 6,138 31,333
Other creditors 10,145 15,334
Accruals and deferred income 10,160 9,870
56,415 171,785
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 29,950 29,950
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10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 20,624 6,653
Later than one year and not later than five years 7,045 759
27,669 7,412
11. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
12. Audit Information
The auditor's report on the accounts of SCANFLEX LIMITED for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Mrs Lisa Jane Bean FCCA (Senior Statutory Auditor) for and on behalf of Pennington Williams Limited Chartered Certified Accountants and Statutory Auditors , Statutory Auditor.
Pennington Williams Limited Chartered Certified Accountants and Statutory Auditors
Chartered Certified Accountants
Stanhope House, Mark Rake
Bromborough
Merseyside
CH62 2DN
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