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Company Registration No. 06428728 (England and Wales)
Advanced Electrical Controls Limited Unaudited accounts for the year ended 31 May 2024
Advanced Electrical Controls Limited Unaudited accounts Contents
Page
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Advanced Electrical Controls Limited Company Information for the year ended 31 May 2024
Director
Paul Gregory Richardson
Secretary
Tracey Chadwick
Company Number
06428728 (England and Wales)
Registered Office
1 The Courtyard Higham Lane Stoke Golding Nuneaton Warwickshire CV13 6EX
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Advanced Electrical Controls Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
430,003 
422,172 
Current assets
Inventories
60,000 
40,000 
Debtors
251,730 
157,893 
Cash at bank and in hand
550,897 
527,667 
862,627 
725,560 
Creditors: amounts falling due within one year
(138,632)
(67,079)
Net current assets
723,995 
658,481 
Total assets less current liabilities
1,153,998 
1,080,653 
Provisions for liabilities
Deferred tax
(21,926)
(17,715)
Net assets
1,132,072 
1,062,938 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,131,972 
1,062,838 
Shareholders' funds
1,132,072 
1,062,938 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2024 and were signed on its behalf by
Paul Gregory Richardson Director Company Registration No. 06428728
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Advanced Electrical Controls Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Advanced Electrical Controls Limited is a private company, limited by shares, registered in England and Wales, registration number 06428728. The registered office is 1 The Courtyard Higham Lane, Stoke Golding, Nuneaton, Warwickshire, CV13 6EX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
314,602 
48,971 
298,511 
662,084 
Additions
- 
3,829 
42,470 
46,299 
At 31 May 2024
314,602 
52,800 
340,981 
708,383 
Depreciation
At 1 June 2023
- 
26,906 
213,006 
239,912 
Charge for the year
- 
6,474 
31,994 
38,468 
At 31 May 2024
- 
33,380 
245,000 
278,380 
Net book value
At 31 May 2024
314,602 
19,420 
95,981 
430,003 
At 31 May 2023
314,602 
22,065 
85,505 
422,172 
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Advanced Electrical Controls Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
224,140 
136,660 
Accrued income and prepayments
19,994 
13,320 
Other debtors
7,596 
7,913 
251,730 
157,893 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
93,273 
25,735 
Taxes and social security
36,286 
32,680 
Other creditors
6,553 
6,264 
Accruals
2,520 
2,400 
138,632 
67,079 
7
Average number of employees
During the year the average number of employees was 7 (2023: 8).
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