REGISTERED NUMBER: 03558437 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

C P N SYSTEMS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

C P Nash

Mrs C N Davies

SECRETARY:

C P Nash

REGISTERED OFFICE:

Unit 1

Roway Lane

Oldbury

West Midlands

B69 3EJ

REGISTERED NUMBER:

03558437 (England and Wales)

ACCOUNTANTS:

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

BANKERS:

Barclays Bank plc

Wolverhampton Queen Square

Leicester

Leicestershire

LE87 2BB

FIXED ASSETS

Tangible assets

4

282,987

132,428

CURRENT ASSETS

Stocks

20,075

159,750

Debtors

311,070

577,367

Cash at bank and in hand

794,019

867,558

1,125,164

1,604,675

CREDITORS

Amounts falling due within one year

596,340

737,484

NET CURRENT ASSETS

528,824

867,191

TOTAL ASSETS LESS CURRENT LIABILITIES

811,811

999,619

CREDITORS

Amounts falling due after more than one year

(10,136

)

(34,894

)

PROVISIONS FOR LIABILITIES

5

(46,973

)

(20,208

)

NET ASSETS

754,702

944,517

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

754,602

944,417

SHAREHOLDERS' FUNDS

754,702

944,517

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

C P Nash - Director

1.	STATUTORY INFORMATION

C P N Systems Limited 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

215,184

Additions

240,953

Disposals

(81,665

)

At 31 December 2025

374,472

DEPRECIATION

At 1 January 2025

82,756

Charge for year

42,435

Eliminated on disposal

(33,706

)

At 31 December 2025

91,485

NET BOOK VALUE

At 31 December 2025

282,987

At 31 December 2024

132,428

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 January 2025

128,160

Disposals

(42,390

)

Transfer to ownership

(29,280

)

At 31 December 2025

56,490

DEPRECIATION

At 1 January 2025

27,946

Charge for year

13,293

Eliminated on disposal

(8,715

)

Transfer to ownership

(15,912

)

At 31 December 2025

16,612

NET BOOK VALUE

At 31 December 2025

39,878

At 31 December 2024

100,214

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

46,973

20,208

Deferred

tax

£

Balance at 1 January 2025

20,208

Provided during year

26,765

Balance at 31 December 2025

46,973

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

30 July 2026