Company Registration No. SC423460 (Scotland)
Aeron Electrical Limited
Unaudited accounts
for the year ended 31 May 2024
Aeron Electrical Limited
Unaudited accounts
Contents
Aeron Electrical Limited
Company Information
for the year ended 31 May 2024
Director
James Robert McShane
Company Number
SC423460 (Scotland)
Registered Office
9A ST. PETERS PLACE
EDINBURGH
MIDLOTHIAN
EH3 9PJ
United Kingdom
Aeron Electrical Limited
Statement of financial position
as at 31 May 2024
Tangible assets
21,892
28,590
Cash at bank and in hand
21,689
9,400
Creditors: amounts falling due within one year
(50,451)
(51,100)
Net current assets
46,087
38,103
Total assets less current liabilities
67,979
66,693
Creditors: amounts falling due after more than one year
(47,613)
(59,663)
Called up share capital
2
2
Profit and loss account
20,364
7,028
Shareholders' funds
20,366
7,030
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 29 January 2025 and were signed on its behalf by
James Robert McShane
Director
Company Registration No. SC423460
Aeron Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
Aeron Electrical Limited is a private company, limited by shares, registered in Scotland, registration number SC423460. The registered office is 9A ST. PETERS PLACE, EDINBURGH, MIDLOTHIAN, EH3 9PJ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
36,888
1,847
38,735
At 31 May 2024
36,888
2,449
39,337
At 1 June 2023
9,223
922
10,145
Charge for the year
6,917
383
7,300
At 31 May 2024
16,140
1,305
17,445
At 31 May 2024
20,748
1,144
21,892
At 31 May 2023
27,665
925
28,590
Aeron Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
60,296
65,019
Deferred tax asset
2,342
1,431
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,556
5,556
Obligations under finance leases and hire purchase contracts
6,494
5,924
Trade creditors
19,730
20,912
Taxes and social security
13,138
18,708
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,521
24,015
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).