2023-07-012024-06-302024-06-30false12660719APPLIED ELECTRICAL LTD2024-10-28iso4217:GBPxbrli:pure126607192023-07-01126607192024-06-30126607192023-07-012024-06-30126607192022-07-01126607192023-06-30126607192022-07-012023-06-3012660719bus:SmallEntities2023-07-012024-06-3012660719bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3012660719bus:AbridgedAccounts2023-07-012024-06-3012660719bus:PrivateLimitedCompanyLtd2023-07-012024-06-3012660719core:WithinOneYear2024-06-3012660719core:AfterOneYear2024-06-3012660719core:WithinOneYear2023-06-3012660719core:AfterOneYear2023-06-3012660719core:ShareCapital2024-06-3012660719core:SharePremium2024-06-3012660719core:RevaluationReserve2024-06-3012660719core:OtherReservesSubtotal2024-06-3012660719core:RetainedEarningsAccumulatedLosses2024-06-3012660719core:ShareCapital2023-06-3012660719core:SharePremium2023-06-3012660719core:RevaluationReserve2023-06-3012660719core:OtherReservesSubtotal2023-06-3012660719core:RetainedEarningsAccumulatedLosses2023-06-3012660719core:LandBuildings2024-06-3012660719core:PlantMachinery2024-06-3012660719core:Vehicles2024-06-3012660719core:FurnitureFittings2024-06-3012660719core:OfficeEquipment2024-06-3012660719core:NetGoodwill2024-06-3012660719core:IntangibleAssetsOtherThanGoodwill2024-06-3012660719core:ListedExchangeTraded2024-06-3012660719core:UnlistedNon-exchangeTraded2024-06-3012660719core:LandBuildings2023-06-3012660719core:PlantMachinery2023-06-3012660719core:Vehicles2023-06-3012660719core:FurnitureFittings2023-06-3012660719core:OfficeEquipment2023-06-3012660719core:NetGoodwill2023-06-3012660719core:IntangibleAssetsOtherThanGoodwill2023-06-3012660719core:ListedExchangeTraded2023-06-3012660719core:UnlistedNon-exchangeTraded2023-06-3012660719core:LandBuildings2023-07-012024-06-3012660719core:PlantMachinery2023-07-012024-06-3012660719core:Vehicles2023-07-012024-06-3012660719core:FurnitureFittings2023-07-012024-06-3012660719core:OfficeEquipment2023-07-012024-06-3012660719core:NetGoodwill2023-07-012024-06-3012660719core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012660719core:ListedExchangeTraded2023-07-012024-06-3012660719core:UnlistedNon-exchangeTraded2023-07-012024-06-3012660719core:MoreThanFiveYears2023-07-012024-06-3012660719core:Non-currentFinancialInstruments2024-06-3012660719core:Non-currentFinancialInstruments2023-06-3012660719dpl:CostSales2023-07-012024-06-3012660719dpl:DistributionCosts2023-07-012024-06-3012660719core:LandBuildings2023-07-012024-06-3012660719core:PlantMachinery2023-07-012024-06-3012660719core:Vehicles2023-07-012024-06-3012660719core:FurnitureFittings2023-07-012024-06-3012660719core:OfficeEquipment2023-07-012024-06-3012660719dpl:AdministrativeExpenses2023-07-012024-06-3012660719core:NetGoodwill2023-07-012024-06-3012660719core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012660719dpl:GroupUndertakings2023-07-012024-06-3012660719dpl:ParticipatingInterests2023-07-012024-06-3012660719dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3012660719core:ListedExchangeTraded2023-07-012024-06-3012660719dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3012660719core:UnlistedNon-exchangeTraded2023-07-012024-06-3012660719dpl:CostSales2022-07-012023-06-3012660719dpl:DistributionCosts2022-07-012023-06-3012660719core:LandBuildings2022-07-012023-06-3012660719core:PlantMachinery2022-07-012023-06-3012660719core:Vehicles2022-07-012023-06-3012660719core:FurnitureFittings2022-07-012023-06-3012660719core:OfficeEquipment2022-07-012023-06-3012660719dpl:AdministrativeExpenses2022-07-012023-06-3012660719core:NetGoodwill2022-07-012023-06-3012660719core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012660719dpl:GroupUndertakings2022-07-012023-06-3012660719dpl:ParticipatingInterests2022-07-012023-06-3012660719dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3012660719core:ListedExchangeTraded2022-07-012023-06-3012660719dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3012660719core:UnlistedNon-exchangeTraded2022-07-012023-06-3012660719core:NetGoodwill2024-06-3012660719core:IntangibleAssetsOtherThanGoodwill2024-06-3012660719core:LandBuildings2024-06-3012660719core:PlantMachinery2024-06-3012660719core:Vehicles2024-06-3012660719core:FurnitureFittings2024-06-3012660719core:OfficeEquipment2024-06-3012660719core:AfterOneYear2024-06-3012660719core:WithinOneYear2024-06-3012660719core:ListedExchangeTraded2024-06-3012660719core:UnlistedNon-exchangeTraded2024-06-3012660719core:ShareCapital2024-06-3012660719core:SharePremium2024-06-3012660719core:RevaluationReserve2024-06-3012660719core:OtherReservesSubtotal2024-06-3012660719core:RetainedEarningsAccumulatedLosses2024-06-3012660719core:NetGoodwill2023-06-3012660719core:IntangibleAssetsOtherThanGoodwill2023-06-3012660719core:LandBuildings2023-06-3012660719core:PlantMachinery2023-06-3012660719core:Vehicles2023-06-3012660719core:FurnitureFittings2023-06-3012660719core:OfficeEquipment2023-06-3012660719core:AfterOneYear2023-06-3012660719core:WithinOneYear2023-06-3012660719core:ListedExchangeTraded2023-06-3012660719core:UnlistedNon-exchangeTraded2023-06-3012660719core:ShareCapital2023-06-3012660719core:SharePremium2023-06-3012660719core:RevaluationReserve2023-06-3012660719core:OtherReservesSubtotal2023-06-3012660719core:RetainedEarningsAccumulatedLosses2023-06-3012660719core:NetGoodwill2022-07-0112660719core:IntangibleAssetsOtherThanGoodwill2022-07-0112660719core:LandBuildings2022-07-0112660719core:PlantMachinery2022-07-0112660719core:Vehicles2022-07-0112660719core:FurnitureFittings2022-07-0112660719core:OfficeEquipment2022-07-0112660719core:AfterOneYear2022-07-0112660719core:WithinOneYear2022-07-0112660719core:ListedExchangeTraded2022-07-0112660719core:UnlistedNon-exchangeTraded2022-07-0112660719core:ShareCapital2022-07-0112660719core:SharePremium2022-07-0112660719core:RevaluationReserve2022-07-0112660719core:OtherReservesSubtotal2022-07-0112660719core:RetainedEarningsAccumulatedLosses2022-07-0112660719core:AfterOneYear2023-07-012024-06-3012660719core:WithinOneYear2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012660719core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3012660719core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3012660719core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3012660719core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3012660719core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3012660719bus:Director12023-07-012024-06-3012660719bus:Director22023-07-012024-06-30

APPLIED ELECTRICAL LTD

Registered Number
12660719
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

APPLIED ELECTRICAL LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

BROWN, Anthony James
KING, Gerard

Registered Address

C/O Venture Finance Management, Suite 101
Cotton Exchange, Old Hall Street
Liverpool
L3 9LQ

Registered Number

12660719 (England and Wales)
APPLIED ELECTRICAL LTD
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets323,173-
23,173-
Current assets
Debtors29,5019,220
Cash at bank and on hand17,4765,700
46,97714,920
Creditors amounts falling due within one year(69,907)(14,872)
Net current assets (liabilities)(22,930)48
Total assets less current liabilities24348
Net assets24348
Capital and reserves
Called up share capital22
Profit and loss account24146
Shareholders' funds24348
The financial statements were approved and authorised for issue by the Board of Directors on 28 October 2024, and are signed on its behalf by:
BROWN, Anthony James
Director
KING, Gerard
Director

Registered Company No. 12660719
APPLIED ELECTRICAL LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year43
3.Tangible fixed assets

Total

£
Cost or valuation
Additions27,890
At 30 June 2427,890
Depreciation and impairment
Charge for year4,717
At 30 June 244,717
Net book value
At 30 June 2423,173
At 30 June 23-
4.Related party transactions
At the reporting date, the Company owed the directors £44,470 (2023 - £13,317). This loan is interest free, and repayable on demand.