Company Registration No. 08606950 (England and Wales)
Netelect Group (uk) Ltd
Unaudited accounts
for the year ended 30 November 2025
Netelect Group (uk) Ltd
Unaudited accounts
Contents
Netelect Group (uk) Ltd
Company Information
for the year ended 30 November 2025
Director
Arron Mark Lawrence
Company Number
08606950 (England and Wales)
Registered Office
Herald Way Pegasus Business Park
East Midlands Airport
Castle Donington
DE74 2TZ
Accountants
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
Netelect Group (uk) Ltd
Accountants' report
Accountants' report to the director of Netelect Group (uk) Ltd on the preparation of the unaudited statutory accounts 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
Netelect Group (uk) Ltd for the year ended
30 November 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Netelect Group (uk) Ltd, as a body, in accordance with the terms of our engagement letter dated 12 January 2018. Our work has been undertaken solely to prepare for your approval the accounts of Netelect Group (uk) Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Netelect Group (uk) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Netelect Group (uk) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Netelect Group (uk) Ltd. You consider that Netelect Group (uk) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Netelect Group (uk) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
4 September 2026
Netelect Group (uk) Ltd
Statement of financial position
as at 30 November 2025
Tangible assets
34,602
46,176
Cash at bank and in hand
12,670
32,252
Creditors: amounts falling due within one year
(9,582)
(10,661)
Net current assets
56,499
66,439
Total assets less current liabilities
91,101
112,615
Creditors: amounts falling due after more than one year
(49,335)
(50,165)
Called up share capital
1
1
Profit and loss account
41,765
62,449
Shareholders' funds
41,766
62,450
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 September 2026 and were signed on its behalf by
Arron Mark Lawrence
Director
Company Registration No. 08606950
Netelect Group (uk) Ltd
Notes to the Accounts
for the year ended 30 November 2025
Netelect Group (uk) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08606950. The registered office is Herald Way Pegasus Business Park, East Midlands Airport , Castle Donington, DE74 2TZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
75,976
344
3,335
79,655
At 30 November 2025
75,976
344
3,335
79,655
At 1 December 2024
30,272
462
2,745
33,479
Charge for the year
11,426
-
148
11,574
At 30 November 2025
41,698
462
2,893
45,053
At 30 November 2025
34,278
(118)
442
34,602
At 30 November 2024
45,704
(118)
590
46,176
Netelect Group (uk) Ltd
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due after more than one year
Trade debtors
44,848
44,848
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,822
-
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
49,335
50,165
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).