Pambry Electronics Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Pambry Electronics Limited

Balance Sheet

30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	474,576	483,253
Current assets
Stocks	5	601,355	829,182
Debtors	6	839,939	865,731
Cash at bank and in hand		889,353	446,271
		2,330,647	2,141,184
Creditors: Amounts falling due within one year	7	(475,995)	(788,938)
Net current assets		1,854,652	1,352,246
Total assets less current liabilities		2,329,228	1,835,499
Provisions for liabilities		(23,263)	(26,394)
Net assets		2,305,965	1,809,105
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,305,865	1,809,005
Shareholders' funds		2,305,965	1,809,105

Pambry Electronics Limited

Balance Sheet

30 April 2026

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 12 October 2026 and signed on its behalf by:
 

N R Bicknell Director

Pambry Electronics Limited

Notes to the Unaudited Financial Statements

Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Ashington House
Merley Park Road
Wimborne
Dorset
BH21 3DB

These financial statements were authorised for issue by the Board on 12 October 2026.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Pambry Electronics Limited

Notes to the Unaudited Financial Statements

Year Ended 30 April 2026

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land and buildings	50 years straight line basis
Short leasehold land and buildings	15% reducing balance basis
Plant and machinery	15% reducing balance basis
Fixtures, fittings and equipment	15% reducing balance basis
Motor vehicles	20% reducing balance basis
Computer equipment	3 year straight line basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Pambry Electronics Limited

Notes to the Unaudited Financial Statements

Year Ended 30 April 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 32 (2025 - 29).

Pambry Electronics Limited

Notes to the Unaudited Financial Statements

Year Ended 30 April 2026

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other property, plant and equipment  £	Total £
Cost or valuation
At 1 May 2025	559,169	78,508	32,999	431,715	1,102,391
Additions	12,724	589	-	20,847	34,160
At 30 April 2026	571,893	79,097	32,999	452,562	1,136,551
Depreciation
At 1 May 2025	211,063	70,030	4,561	333,484	619,138
Charge for the year	18,350	1,990	5,688	16,809	42,837
At 30 April 2026	229,413	72,020	10,249	350,293	661,975
Carrying amount
At 30 April 2026	342,480	7,077	22,750	102,269	474,576
At 30 April 2025	348,106	8,478	28,438	98,231	483,253

Included within the net book value of land and buildings above is £298,143 (2025 - £298,757) in respect of freehold land and buildings and £44,337 (2025 - £49,349) in respect of short leasehold land and buildings.
 

5

Stocks

	2026 £	2025 £
Stock	601,355	829,182

6

Debtors

	2026 £	2025 £
Trade debtors	799,754	773,977
Prepayments	3,088	1,516
Other debtors	37,097	90,238
	839,939	865,731

Pambry Electronics Limited

Notes to the Unaudited Financial Statements

Year Ended 30 April 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	140,075	459,099
Taxation and social security	300,466	274,936
Accruals and deferred income	17,344	16,481
Other creditors	18,110	38,422
	475,995	788,938

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £15,601 (2025 - £36,648).

9	Related party transactions

N R Bicknell

(Director)
At the year end the company was owed £6,749 by Mr N R Bicknell (2025 - £24,488 was owed to Mr N R Bicknell).

Y P Bicknell

(Director)
At the year end the company owed Mrs Y P Bicknell £1,843 (2025 - £1,695).

S K Bicknell

(Director)
At the year end the company owed Mr S K Bicknell £3,614 (2025 - £284).