Registration number: 09672307

Philtronix Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Philtronix Limited

Company Information

Directors

Mr Philip Stuart Lane Mrs Annette Lane

Registered office

1 Market Hill Calne Wiltshire England SN11 0BT

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Philtronix Limited

(Registration number: 09672307)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	2,639	2,529
Current assets
Debtors	5	12,843	13,022
Cash at bank and in hand		5,720	8,426
		18,563	21,448
Creditors: Amounts falling due within one year	6	(19,893)	(20,687)
Net current (liabilities)/assets		(1,330)	761
Total assets less current liabilities		1,309	3,290
Creditors: Amounts falling due after more than one year	6	(1,179)	(3,180)
Net assets		130	110
Capital and reserves
Called up share capital		100	100
Retained earnings		30	10
Shareholders' funds		130	110

For the financial year ending 31 July 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 provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 October 2026 and signed on its behalf by:
 

Philtronix Limited

(Registration number: 09672307)
Balance Sheet as at 31 July 2026 (continued)

......................................... Mr Philip Stuart Lane Director

......................................... Mrs Annette Lane Director

Philtronix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the Board on 19 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 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.

Tax

The tax expense for the period comprises current 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 income 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.

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:

Philtronix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026 (continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Plant & Machinery	25% Straight Line
Office equipment	25% Straight Line

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 debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Philtronix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2025	9,416	9,416
Additions	1,535	1,535
Disposals	(1,033)	(1,033)
At 31 July 2026	9,918	9,918
Depreciation
At 1 August 2025	6,887	6,887
Charge for the year	1,324	1,324
Eliminated on disposal	(932)	(932)
At 31 July 2026	7,279	7,279
Carrying amount
At 31 July 2026	2,639	2,639
At 31 July 2025	2,529	2,529

5

Debtors

Current	2026 £	2025 £
Trade debtors	-	2,475
Prepayments	985	912
Other debtors	11,858	9,635
	12,843	13,022

6

Creditors

Creditors: amounts falling due within one year

Philtronix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2026 (continued)

6	Creditors (continued)

	2026 £	2025 £
Due within one year
Trade creditors	50	(32)
Taxation and social security	16,107	17,969
Accruals and deferred income	2,750	2,750
Other creditors	986	-
	19,893	20,687

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	7	1,179	3,180

7	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	1,179	3,180