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REGISTERED NUMBER: 09784574 (England and Wales)















CHRIS WELLS ELECTRICAL SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






CHRIS WELLS ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 09784574)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHRIS WELLS ELECTRICAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr C D Wells





SECRETARY: Mrs L A Rose-Wells





REGISTERED OFFICE: King Arthurs Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 09784574 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

CHRIS WELLS ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 09784574)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 15,682 20,910

CURRENT ASSETS
Debtors 5 15,897 9,875
Cash at bank 974 727
16,871 10,602
CREDITORS
Amounts falling due within one year 6 (7,120 ) (1,838 )
NET CURRENT ASSETS 9,751 8,764
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,433

29,674

CREDITORS
Amounts falling due after more than one
year

7

(20,218

)

(26,309

)
NET ASSETS 5,215 3,365

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,115 3,265
5,215 3,365

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

CHRIS WELLS ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 09784574)

BALANCE SHEET - continued
31 JULY 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 7 February 2025 and were signed by:





Mr C D Wells - Director


CHRIS WELLS ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 09784574)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Chris Wells Electrical Services 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.

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 reducing balance
Computer equipment - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

CHRIS WELLS ELECTRICAL SERVICES LTD (REGISTERED NUMBER: 09784574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 29,461 189 29,650
DEPRECIATION
At 1 August 2023 8,693 47 8,740
Charge for year 5,192 36 5,228
At 31 July 2024 13,885 83 13,968
NET BOOK VALUE
At 31 July 2024 15,576 106 15,682
At 31 July 2023 20,768 142 20,910

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 495
Other debtors 4,832 3,211
Tax 11,065 6,169
15,897 9,875

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Loans - less than 1 year 1,475 1,478
Corporation Tax 5,285 -
Accrued expenses 360 360
7,120 1,838

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Loans - more than 1 year 1,489 2,963
Hire purchase contracts 18,729 23,346
20,218 26,309