Registration number: 01882260

Neo Electronics Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Neo Electronics Limited

Balance Sheet
31 May 2026

	Note	2026 £	2025 £
Current assets
Cash at bank and in hand		10,968	13,981
Creditors: Amounts falling due within one year	4	(21,379)	(22,549)
Net liabilities		(10,411)	(8,568)
Capital and reserves
Called up share capital		100	100
Retained earnings		(10,511)	(8,668)
Shareholders' deficit		(10,411)	(8,568)

For the financial year ending 31 May 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 August 2026
 

......................................... Mr C Schofield Director

Company Registration Number: 01882260

Neo Electronics Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2026

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tower House
269 Walmersley Road
Bury
Lancashire
BL9 6NX

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Neo Electronics Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 1 (2025 - 1).

4

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Amounts owed to Group undertakings and undertakings in which the Company has a participating interest	5	20,313	21,483
Accruals and deferred income		1,039	1,039
Other creditors		27	27
		21,379	22,549

Neo Electronics Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2026

5	Related party transactions

Loans from related parties

2026	Parent £	Total £
At start of period	21,483	21,483
At end of period	21,483	21,483

2025	Parent £	Total £
At start of period	22,551	22,551
Repaid	(1,068)	(1,068)
At end of period	21,483	21,483

6	Parent and ultimate parent undertaking

The ultimate controlling party is the director by virtue of his shareholding in the parent company Neo Group Holdings Limited.