REGISTERED NUMBER: 03670112 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

Modular Connected Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Hatton

REGISTERED OFFICE:

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

REGISTERED NUMBER:

03670112 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Chartered Certified Accountants

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

BANKERS:

Barclays Bank plc

Lewes Group of Branches

Burgess Hill Branch

The Old Bank, High Street

LEWES

East Sussex

BN7 2JP

FIXED ASSETS

Tangible assets

4

21,858

32,859

CURRENT ASSETS

Stocks

44,212

56,500

Debtors

5

150,581

210,215

Cash at bank and in hand

116,634

65,499

311,427

332,214

CREDITORS

Amounts falling due within one year

6

175,320

138,857

NET CURRENT ASSETS

136,107

193,357

TOTAL ASSETS LESS CURRENT LIABILITIES

157,965

226,216

CREDITORS

Amounts falling due after more than one year

7

(131,695

)

(29,307

)

PROVISIONS FOR LIABILITIES

(3,968

)

(6,017

)

NET ASSETS

22,302

190,892

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

22,202

190,792

SHAREHOLDERS' FUNDS

22,302

190,892

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1st July 2026 and were signed by:

M J Hatton - Director

1.	STATUTORY INFORMATION

Modular Connected Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern

Despite a significant loss during the year, the accounts have been prepared on a going concern basis. The director and fellow shareholder have introduced funds to provide day to day working capital, and they have confirmed that they won't draw down on these loans to the detriment of creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2025

47,663

24,145

27,499

38,758

138,065

Additions

680

-

-

1,916

2,596

At 31st December 2025

48,343

24,145

27,499

40,674

140,661

DEPRECIATION

At 1st January 2025

34,573

17,439

19,050

34,144

105,206

Charge for year

3,871

2,501

4,225

3,000

13,597

At 31st December 2025

38,444

19,940

23,275

37,144

118,803

NET BOOK VALUE

At 31st December 2025

9,899

4,205

4,224

3,530

21,858

At 31st December 2024

13,090

6,706

8,449

4,614

32,859

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

139,649

199,253

Other debtors

10,932

10,962

150,581

210,215

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,751

24,366

Trade creditors

73,323

40,416

Taxation and social security

41,061

54,212

Other creditors

37,185

19,863

175,320

138,857

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

11,695

29,307

Other creditors

120,000

-

131,695

29,307

8.	SECURED DEBTS

Personal guarantee given by the directors in favour of Barclays Bank Plc to the amount of £155,000.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M J Hatton.