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Company Registration No. 01500012 (England and Wales)
Circuit Engineering Marketing Company Limited Unaudited accounts for the year ended 31 December 2025
Circuit Engineering Marketing Company Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Circuit Engineering Marketing Company Limited Company Information for the year ended 31 December 2025
Directors
Peter Lymn Famie Hodell
Company Number
01500012 (England and Wales)
Registered Office
Circuit Engineering Ltd Old Buriton Lime Works Kiln Lane, Buriton Petersfield Hampshire GU31 5SJ England
Accountants
Weald Accounting Limited 87 Redwing Road Clanfield Waterlooville Hampshire PO8 0LX
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Circuit Engineering Marketing Company Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
14,831 
16,429 
Investments
6
100 
100 
14,931 
16,529 
Current assets
Inventories
503,282 
463,017 
Debtors
7
73,555 
118,178 
Cash at bank and in hand
131,273 
47,197 
708,110 
628,392 
Creditors: amounts falling due within one year
8
(719,668)
(351,028)
Net current (liabilities)/assets
(11,558)
277,364 
Net assets
3,373 
293,893 
Capital and reserves
Share premium
25,000 
25,000 
Profit and loss account
(21,627)
268,893 
Shareholders' funds
3,373 
293,893 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by
Peter Lymn Director Company Registration No. 01500012
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Circuit Engineering Marketing Company Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Circuit Engineering Marketing Company Limited is a private company, limited by shares, registered in England and Wales, registration number 01500012. The registered office is Circuit Engineering Ltd, Old Buriton Lime Works, Kiln Lane, Buriton, Petersfield, Hampshire, GU31 5SJ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
2% straight line
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
30% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Circuit Engineering Marketing Company Limited Notes to the Accounts for the year ended 31 December 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2025
31,972 
At 31 December 2025
31,972 
Amortisation
At 1 January 2025
15,543 
Charge for the year
1,598 
At 31 December 2025
17,141 
Net book value
At 31 December 2025
14,831 
At 31 December 2024
16,429 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
48,483 
326,470 
29,790 
29,602 
434,345 
At 31 December 2025
48,483 
326,470 
29,790 
29,602 
434,345 
Depreciation
At 1 January 2025
48,483 
326,470 
29,790 
29,602 
434,345 
At 31 December 2025
48,483 
326,470 
29,790 
29,602 
434,345 
Net book value
At 31 December 2025
- 
- 
- 
- 
- 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2025
100 
Valuation at 31 December 2025
100 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,009 
89,967 
Amounts due from group undertakings etc.
100 
100 
Accrued income and prepayments
29,957 
- 
Other debtors
11,489 
28,111 
73,555 
118,178 
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Circuit Engineering Marketing Company Limited Notes to the Accounts for the year ended 31 December 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
18,650 
(10,273)
Trade creditors
23,832 
35,326 
Taxes and social security
6,868 
4,580 
Other creditors
562,998 
225,568 
Loans from directors
107,320 
90,783 
Accruals
- 
5,044 
719,668 
351,028 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter Lymn
Directors Loans
(90,783)
- 
16,537 
(107,320)
(90,783)
- 
16,537 
(107,320)
10
Transactions with related parties
The Company has borrowed £329,017 from Cemco Services Limited, a company under common control.
11
Controlling party
The Company is the wholly owned subsidiary of WHY Holdings Limited, a company incorporated in Engalnd & Wales
12
Average number of employees
During the year the average number of employees was 4 (2024: 6).
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