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REGISTERED NUMBER: 07050994 (England and Wales)















S Turner Electrical Ltd

Financial Statements for the Year Ended 31st October 2024






S Turner Electrical Ltd (Registered number: 07050994)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S Turner Electrical Ltd

Company Information
for the Year Ended 31st October 2024







DIRECTOR: S R Turner





REGISTERED OFFICE: Waterloo House
18 The Waterloo
Cirencester
Gloucestershire
GL7 2PY





REGISTERED NUMBER: 07050994 (England and Wales)





ACCOUNTANTS: PWB Accountancy Services Ltd
Chartered Certified Accountants
Waterloo House
18 The Waterloo
Cirencester
Gloucestershire
GL7 2PY

S Turner Electrical Ltd (Registered number: 07050994)

Balance Sheet
31st October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,638 37,888

CURRENT ASSETS
Stocks 30,153 9,699
Debtors 5 59,547 82,131
Cash at bank 195,881 84,148
285,581 175,978
CREDITORS
Amounts falling due within one year 6 81,924 31,591
NET CURRENT ASSETS 203,657 144,387
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,295

182,275

CREDITORS
Amounts falling due after more than one
year

7

20,000

30,000
NET ASSETS 214,295 152,275

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 214,294 152,274
SHAREHOLDERS' FUNDS 214,295 152,275

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

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

S Turner Electrical Ltd (Registered number: 07050994)

Balance Sheet - continued
31st October 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 25th February 2025 and were signed by:





S R Turner - Director


S Turner Electrical Ltd (Registered number: 07050994)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

S Turner Electrical 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 represents amounts receivable for services supplied, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

S Turner Electrical Ltd (Registered number: 07050994)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Motor
property Equipment vehicles Totals
£    £    £    £   
COST
At 1st November 2023 6,297 11,724 46,213 64,234
Additions - 864 - 864
At 31st October 2024 6,297 12,588 46,213 65,098
DEPRECIATION
At 1st November 2023 - 8,853 17,493 26,346
Charge for year - 934 7,180 8,114
At 31st October 2024 - 9,787 24,673 34,460
NET BOOK VALUE
At 31st October 2024 6,297 2,801 21,540 30,638
At 31st October 2023 6,297 2,871 28,720 37,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,127 61,131
Other debtors 27,420 21,000
59,547 82,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 43,931 15,033
Tax 32,918 12,804
Social security and other taxes 3,645 2,268
Other creditors 480 416
Directors' current accounts 50 320
Accrued expenses 900 750
81,924 31,591

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bounce back loan 20,000 30,000