| Conex Holdings Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Conex Holdings Limited for the year ended 30 November 2025 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Conex Holdings Limited for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance |
| Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF. |
|
| Cochrane & Co Accountants Limited |
| Chartered Accountants |
| 38 Kings Road |
| Lee-on-the-Solent |
| Hampshire |
| PO13 9NU |
|
| 28 August 2026 |
|
| Conex Holdings Limited |
| Registered number: |
15273879 |
| Balance Sheet |
| as at 30 November 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
268,259 |
|
|
- |
| Investments |
4 |
|
|
262,600 |
|
|
262,600 |
|
|
|
|
530,859 |
|
|
262,600 |
|
| Current assets |
| Debtors |
5 |
|
50 |
|
|
50 |
|
| Creditors: amounts falling due within one year |
6 |
|
(292,658) |
|
|
(214,524) |
|
| Net current liabilities |
|
|
|
(292,608) |
|
|
(214,474) |
|
| Total assets less current liabilities |
|
|
|
238,251 |
|
|
48,126 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(180,331) |
|
|
- |
|
|
|
| Net assets |
|
|
|
57,920 |
|
|
48,126 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
50 |
|
|
50 |
| Profit and loss account |
|
|
|
57,870 |
|
|
48,076 |
|
| Shareholders' funds |
|
|
|
57,920 |
|
|
48,126 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr B Cummins |
| Director |
| Approved by the board on 27 August 2026 |
|
| Conex Holdings Limited |
| Notes to the Accounts |
| for the year ended 30 November 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
Additions |
268,259 |
|
At 30 November 2025 |
268,259 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 November 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2025 |
268,259 |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 December 2024 |
262,600 |
|
|
At 30 November 2025 |
262,600 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
50 |
|
50 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,265 |
|
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
47,701 |
|
2,600 |
|
Other creditors |
235,692 |
|
211,924 |
|
|
|
|
|
|
292,658 |
|
214,524 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
180,331 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
143,269 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
189,594 |
|
- |
|
|
|
|
|
|
|
|
|
|
[Give an indication of the nature and form of the security for the bank loans] |
|
|
| 9 |
Other information |
|
|
Conex Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
128 Portsmouth Road |
|
Southampton |
|
SO19 9AP |