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REGISTERED NUMBER: 14119359 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DOREY ELECTRICAL SERVICES LIMITED

DOREY ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 14119359)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

DOREY ELECTRICAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: Mr B Dorey
Mrs M Dorey
Mr C Dorey
Mr S Dorey





REGISTERED OFFICE: Treetops
Howell Hill Grove
Epsom
KT17 3ER





REGISTERED NUMBER: 14119359 (England and Wales)





ACCOUNTANTS: Acumen Accountants & Advisors Limited
Argent House
Argent Court
Hook Rise South
Surbiton
KT6 7LD

DOREY ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 14119359)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,236 3,669

CURRENT ASSETS
Debtors 5 118,280 44,545
Cash at bank 63,748 40,353
182,028 84,898
CREDITORS
Amounts falling due within one year 6 157,240 48,045
NET CURRENT ASSETS 24,788 36,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,024

40,522

PROVISIONS FOR LIABILITIES 8 2,325 708
NET ASSETS 34,699 39,814

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,599 39,714
34,699 39,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Mr S Dorey - Director


DOREY ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 14119359)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Dorey Electrical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

DOREY ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 14119359)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 - 208 4,684 4,892
Additions 6,793 163 6,254 13,210
At 30 June 2024 6,793 371 10,938 18,102
DEPRECIATION
At 1 July 2023 - 52 1,171 1,223
Charge for year 970 74 3,599 4,643
At 30 June 2024 970 126 4,770 5,866
NET BOOK VALUE
At 30 June 2024 5,823 245 6,168 12,236
At 30 June 2023 - 156 3,513 3,669

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,561 41,574
Other debtors - 51
VAT 36,806 2,464
Prepayments and accrued income 58,913 456
118,280 44,545

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 97,195 11,715
Tax 18,028 12,423
Social security and other taxes 6,545 780
Other creditors 737 378
Directors' current accounts 31,235 20,299
Accruals and deferred income 3,500 2,450
157,240 48,045

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 7,284 -
Between one and five years 26,253 -
33,537 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,325 708

DOREY ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 14119359)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 708
Movement 1,617
Balance at 30 June 2024 2,325

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr B Dorey
Balance outstanding at start of year (20,299 ) -
Amounts advanced 84,000 -
Amounts repaid (94,312 ) (20,299 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30,611 ) (20,299 )

Mrs M Dorey
Balance outstanding at start of year - -
Amounts repaid (208 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (208 ) -

Mr C Dorey
Balance outstanding at start of year - -
Amounts repaid (208 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (208 ) -

Mr S Dorey
Balance outstanding at start of year - -
Amounts repaid (208 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (208 ) -

These loans are interest free and repayable on demand.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DOREY ELECTRICAL SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dorey Electrical Services Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Dorey Electrical Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dorey Electrical Services Limited and state those matters that we have agreed to state to the Board of Directors of Dorey Electrical Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dorey Electrical Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dorey Electrical Services Limited. You consider that Dorey Electrical Services Limited 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 financial statements of Dorey Electrical Services Limited. 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 financial statements.






Acumen Accountants & Advisors Limited
Argent House
Argent Court
Hook Rise South
Surbiton
KT6 7LD


25 September 2024