A E L SYSTEMS LTD

Company Registration Number:
04629289 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2021

Period of accounts

Start date: 01 December 2020

End date: 30 November 2021

A E L SYSTEMS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2021

Balance sheet
Notes

A E L SYSTEMS LTD

Balance sheet

As at 30 November 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 363,582 306,281
Investments: 4 100,000 100,000
Total fixed assets: 463,582 406,281
Current assets
Stocks: 35,000 25,000
Debtors: 5 417,281 333,175
Cash at bank and in hand: 4,005 222,691
Total current assets: 456,286 580,866
Creditors: amounts falling due within one year: 6 (216,953) (416,689)
Net current assets (liabilities): 239,333 164,177
Total assets less current liabilities: 702,915 570,458
Creditors: amounts falling due after more than one year: 7 (99,333) (110,057)
Provision for liabilities: (35,000) (27,000)
Total net assets (liabilities): 568,582 433,401
Capital and reserves
Called up share capital: 1,002 1,002
Profit and loss account: 567,580 432,399
Shareholders funds: 568,582 433,401

The notes form part of these financial statements

A E L SYSTEMS LTD

Balance sheet statements

For the year ending 30 November 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2022
and signed on behalf of the board by:

Name: L Willis
Status: Director

The notes form part of these financial statements

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

2. Employees

2021 2020
Average number of employees during the period 16 15

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible Assets

Total
Cost £
At 01 December 2020 458,100
Additions 128,076
Disposals (48,950)
At 30 November 2021 537,226
Depreciation
At 01 December 2020 151,819
Charge for year 34,775
On disposals (12,950)
At 30 November 2021 173,644
Net book value
At 30 November 2021 363,582
At 30 November 2020 306,281

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Fixed investments

Shares held in related undertaking

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Debtors

2021 2020
££
Debtors due after more than one year: 85,604 85,604

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

6. Creditors: amounts falling due within one year note

Bank loans 14167Hire purchase 10054Trade creditors 54911Taxation 24521Other creditors 16666Accruals an deferred income 96634Total 216953

A E L SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

7. Creditors: amounts falling due after more than one year note

Bank loans 1-5 years 83150Bank loans after 5 years 5539Hire purchase 10644Total 99333