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Company Registration No. SC423460 (Scotland)
Aeron Electrical Limited Unaudited accounts for the year ended 31 May 2024
Aeron Electrical Limited Unaudited accounts Contents
Page
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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
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Aeron Electrical Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,892 
28,590 
Current assets
Inventories
12,211 
13,316 
Debtors
62,638 
66,487 
Cash at bank and in hand
21,689 
9,400 
96,538 
89,203 
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)
Net assets
20,366 
7,030 
Capital and reserves
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
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Aeron Electrical Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
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:
Land & buildings
0
Plant & machinery
25
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 
Additions
- 
602 
602 
At 31 May 2024
36,888 
2,449 
39,337 
Depreciation
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 
Net book value
At 31 May 2024
20,748 
1,144 
21,892 
At 31 May 2023
27,665 
925 
28,590 
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Aeron Electrical Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
37 
Trade debtors
60,296 
65,019 
Deferred tax asset
2,342 
1,431 
62,638 
66,487 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
5,533 
- 
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 
50,451 
51,100 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,092 
35,648 
Obligations under finance leases and hire purchase contracts
17,521 
24,015 
47,613 
59,663 
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).
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