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REGISTERED NUMBER: 13206831 (England and Wales)










Anglesey Solar & Electrical Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






Anglesey Solar & Electrical Ltd (Registered number: 13206831)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Anglesey Solar & Electrical Ltd

Company Information
for the year ended 31 March 2024







DIRECTOR: Mr G D Griffiths





SECRETARY: Mrs D Griffiths





REGISTERED OFFICE: Unit 6a Tregarnedd Industrial Park
Llangefni
Anglesey
LL77 7JD





REGISTERED NUMBER: 13206831 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Anglesey Solar & Electrical Ltd (Registered number: 13206831)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,000 8,000
Tangible assets 5 17,611 27,321
24,611 35,321

CURRENT ASSETS
Stocks 74,754 67,182
Debtors 6 175,545 203,992
Cash at bank 108,720 162,618
359,019 433,792
CREDITORS
Amounts falling due within one year 7 164,707 292,695
NET CURRENT ASSETS 194,312 141,097
TOTAL ASSETS LESS CURRENT LIABILITIES 218,923 176,418

PROVISIONS FOR LIABILITIES 1,270 -
NET ASSETS 217,653 176,418

CAPITAL AND RESERVES
Called up share capital 100 1
Retained earnings 217,553 176,417
217,653 176,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Anglesey Solar & Electrical Ltd (Registered number: 13206831)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 10 October 2024 and were signed by:





Mr G D Griffiths - Director


Anglesey Solar & Electrical Ltd (Registered number: 13206831)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Anglesey Solar & Electrical Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Anglesey Solar & Electrical Ltd (Registered number: 13206831)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023 2,000
Charge for year 1,000
At 31 March 2024 3,000
NET BOOK VALUE
At 31 March 2024 7,000
At 31 March 2023 8,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 38,840
DEPRECIATION
At 1 April 2023 11,519
Charge for year 9,710
At 31 March 2024 21,229
NET BOOK VALUE
At 31 March 2024 17,611
At 31 March 2023 27,321

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 128,755 139,819
Amounts recoverable on contract 3,320 1,935
Other debtors 43,470 62,238
175,545 203,992

Anglesey Solar & Electrical Ltd (Registered number: 13206831)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 123,196 243,843
Taxation and social security 39,771 19,281
Other creditors 1,740 29,571
164,707 292,695

8. RELATED PARTY DISCLOSURES

The Company acquired the trade of the director on 1 April 2021 for a sum of £1 and £10,000 goodwill.

Anglesey Solar & Electrical Ltd

Report of the Accountants to the Director of
Anglesey Solar & Electrical Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN


Date: .............................................