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REGISTERED NUMBER: 01225062 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

CONNEXION ELECTRICAL LIMITED

CONNEXION ELECTRICAL LIMITED (Registered number: 01225062)

Contents of the Financial Statements
for the Year Ended 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONNEXION ELECTRICAL LIMITED

Company Information
for the Year Ended 30 JUNE 2024







DIRECTORS: A Leigh
Mrs M Leigh
M S Dadabhoy





REGISTERED OFFICE: Alpha House
296 Kenton Road
Harrow
HA3 8DD





REGISTERED NUMBER: 01225062 (England and Wales)





ACCOUNTANTS: Frasers Young Limited
Chartered Certified Accountants
Alpha House
296 Kenton Road
Harrow
HA3 8DD

CONNEXION ELECTRICAL LIMITED (Registered number: 01225062)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 109,119 24,476

CURRENT ASSETS
Stocks 459,377 357,638
Debtors 5 455,567 389,010
Cash at bank 193,848 135,211
1,108,792 881,859
CREDITORS
Amounts falling due within one year 6 (579,180 ) (379,960 )
NET CURRENT ASSETS 529,612 501,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

638,731

526,375

CREDITORS
Amounts falling due after more than one
year

7

(35,587

)

-

PROVISIONS FOR LIABILITIES (3,172 ) (3,172 )
NET ASSETS 599,972 523,203

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 599,872 523,103
SHAREHOLDERS' FUNDS 599,972 523,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CONNEXION ELECTRICAL LIMITED (Registered number: 01225062)

Balance Sheet - continued
30 JUNE 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 Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:




A Leigh - Director



M S Dadabhoy - Director


CONNEXION ELECTRICAL LIMITED (Registered number: 01225062)

Notes to the Financial Statements
for the Year Ended 30 JUNE 2024


1. STATUTORY INFORMATION

CONNEXION ELECTRICAL LIMITED 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 & machinery - 25 % on reducing balance
Motor vehicles - 25 % on reducing balance
Computer equipment - 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 10 (2023 - 10 ) .

CONNEXION ELECTRICAL LIMITED (Registered number: 01225062)

Notes to the Financial Statements - continued
for the Year Ended 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Improvements
to Plant & Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 6,350 74,173 11,720 41,435 133,678
Additions 15,467 14,367 73,980 2,907 106,721
Disposals - - (11,720 ) - (11,720 )
At 30 June 2024 21,817 88,540 73,980 44,342 228,679
DEPRECIATION
At 1 July 2023 - 59,515 9,003 40,684 109,202
Charge for year - 7,276 11,055 550 18,881
Eliminated on disposal - - (8,523 ) - (8,523 )
At 30 June 2024 - 66,791 11,535 41,234 119,560
NET BOOK VALUE
At 30 June 2024 21,817 21,749 62,445 3,108 109,119
At 30 June 2023 6,350 14,658 2,717 751 24,476

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 356,067 367,361
Amounts owed by group undertakings 99,500 -
Other debtors - 21,649
455,567 389,010

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 344,299 195,238
Taxation and social security 53,129 4,185
Other creditors 181,752 180,537
579,180 379,960

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 35,587 -

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who are also the directors of the ultimate parent company.