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REGISTERED NUMBER: 07664897 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SPECIALIST CABLE SUPPLIES LIMITED

SPECIALIST CABLE SUPPLIES LIMITED (REGISTERED NUMBER: 07664897)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPECIALIST CABLE SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: N J Edwell
I R Loades





REGISTERED OFFICE: Unit 22 Coln Industrial Estate
Colnbrook
Slough
Berkshire
SL3 0NJ





REGISTERED NUMBER: 07664897 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ

SPECIALIST CABLE SUPPLIES LIMITED (REGISTERED NUMBER: 07664897)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103,360 156,193

CURRENT ASSETS
Stocks 445,971 333,858
Debtors 5 822,282 847,254
Cash at bank and in hand 121,491 197,325
1,389,744 1,378,437
CREDITORS
Amounts falling due within one year 6 1,312,538 1,392,999
NET CURRENT ASSETS/(LIABILITIES) 77,206 (14,562 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,566

141,631

CREDITORS
Amounts falling due after more than one
year

7

(36,205

)

(84,966

)

PROVISIONS FOR LIABILITIES (11,009 ) (15,569 )
NET ASSETS 133,352 41,096

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 133,249 40,993
SHAREHOLDERS' FUNDS 133,352 41,096

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

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

SPECIALIST CABLE SUPPLIES LIMITED (REGISTERED NUMBER: 07664897)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





I R Loades - Director


SPECIALIST CABLE SUPPLIES LIMITED (REGISTERED NUMBER: 07664897)

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

1. STATUTORY INFORMATION

Specialist Cable Supplies 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 and machinery etc - 25% on cost, 20% on reducing balance and 10% on cost

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 9 (2023 - 9 ) .

SPECIALIST CABLE SUPPLIES LIMITED (REGISTERED NUMBER: 07664897)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 232,015
Additions 3,122
Disposals (44,116 )
At 31 December 2024 191,021
DEPRECIATION
At 1 January 2024 75,822
Charge for year 30,907
Eliminated on disposal (19,068 )
At 31 December 2024 87,661
NET BOOK VALUE
At 31 December 2024 103,360
At 31 December 2023 156,193

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 791,939 812,131
Other debtors 30,343 35,123
822,282 847,254

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,636 13,636
Hire purchase contracts 28,125 37,458
Trade creditors 599,408 676,318
Taxation and social security 119,028 55,572
Other creditors 552,341 610,015
1,312,538 1,392,999

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,682 19,318
Hire purchase contracts 30,523 65,648
36,205 84,966