REGISTERED NUMBER: 05186530 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

A P ELECTRONICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A J Plaskett

Miss T A Plaskett

REGISTERED OFFICE:

13 Brookend Road North

Chelmsford

Essex

CM2 6NW

REGISTERED NUMBER:

05186530 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Waterhouse Business Centre

Unit 53

2 Cromar Way

Chelmsford

Essex

CM1 2QE

CURRENT ASSETS

Stocks

103,903

80,074

Debtors

4

41,158

18,915

Cash at bank

264,317

284,483

409,378

383,472

CREDITORS

Amounts falling due within one year

5

59,611

52,349

NET CURRENT ASSETS

349,767

331,123

TOTAL ASSETS LESS CURRENT LIABILITIES

349,767

331,123

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

349,667

331,023

SHAREHOLDERS' FUNDS

349,767

331,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

Mr A J Plaskett - Director

1.	STATUTORY INFORMATION

A P Electronics 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue recognition

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Turnover is recognised in the accounting period in which the goods are delivered and services are provided.

Stocks

Stocks are valued at the lower of cost and estimated selling price, after making due allowance for obsolete and slow moving items.

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.

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 2 (2025 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

40,680

17,762

Prepayments and accrued income

478

1,153

41,158

18,915

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,024

1,010

Corporation tax

4,373

7,885

Social security and other taxes

-

1,127

VAT

32,975

31,711

Directors' loan accounts

2,165

1,847

Accrued expenses

17,074

8,769

59,611

52,349

6.

RESERVES

Retained

earnings

£

At 1 April 2025

331,023

Profit for the year

18,644

At 31 March 2026

349,667

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A J Plaskett by virtue of his shareholding.