General Information
Anglia Transformers Limited is a private company, limited by shares, registered in England and Wales, registration number 00833248, registration address Unit 14, High Street, Bordon, GU35 0AX.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the profit and loss account on a straight line basis over the period of the lease.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
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| 2. |
Average number of employees
Average number of employees during the year was 7 (2024 : 9).
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| 3. |
Financial Commitments, Guarantees and Contingencies
At the close of the accounting period, the company had total other financial commitments amounting to £24,000 (2024: £6,000).
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Plant and machinery etc |
|
Total |
| |
£ |
|
£ |
| At 01 October 2024 |
101,367 |
|
101,367 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 30 September 2025 |
101,367 |
|
101,367 |
| Depreciation |
| At 01 October 2024 |
93,890 |
|
93,890 |
| Charge for year |
556 |
|
556 |
| On disposals |
- |
|
- |
| At 30 September 2025 |
94,446 |
|
94,446 |
| Net book values |
| Closing balance as at 30 September 2025 |
6,921 |
|
6,921 |
| Opening balance as at 01 October 2024 |
7,477 |
|
7,477 |
|
| 5. |
Stocks
|
2025
£ |
|
2024
£ |
| Stocks |
53,338 |
|
53,338 |
|
53,338 |
|
53,338 |
|
| 6. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
42,296 |
|
22,991 |
| Other Debtors |
6,000 |
|
5,999 |
|
48,296 |
|
28,990 |
|
| 7. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
53,886 |
|
1,775 |
| Amounts Owed to Group Undertakings |
213,208 |
|
153,262 |
| Taxation and Social Security |
4,239 |
|
2,867 |
| Other Creditors |
12,587 |
|
5,898 |
|
283,920 |
|
163,802 |
|
| 8. |
Share Premium Account
|
2025
£ |
|
2024
£ |
| Equity Share Premium b/fwd |
352 |
|
352 |
|
352 |
|
352 |
|
| 9. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2025
£ | | 2024
£ | | 2025
£ | | 2024
£ |
|---|
| Annicom Limited | 59,945 | | 99,300 | | 213,207 | | 153,262 |
These transactions were conducted in the ordinary course of business and on normal commercial terms and total amount represents loan balance which is interest-free and repayable on demand.
The directors consider the terms of these transactions to be fair and reasonable in relation to the business and the context of the market conditions under which the transactions were made. This disclosure ensures transparency regarding the financial interactions with the parent company and provides stakeholders with insights into potential impacts on the financial statements. |
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