REGISTERED NUMBER: 11753501 (England and Wales)

Financial Statements

for the Year Ended 31 January 2025

for

Templar Electrical Installations Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Anderson

R M Smith

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

11753501 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

34,723

44,747

CURRENT ASSETS

Debtors

5

73,839

141,408

Cash at bank

62,822

47,493

136,661

188,901

CREDITORS

Amounts falling due within one year

6

111,615

113,825

NET CURRENT ASSETS

25,046

75,076

TOTAL ASSETS LESS CURRENT LIABILITIES

59,769

119,823

CREDITORS

Amounts falling due after more than one year

7

(30,359

)

(38,582

)

PROVISIONS FOR LIABILITIES

(8,681

)

(11,187

)

NET ASSETS

20,729

70,054

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

20,529

69,854

SHAREHOLDERS' FUNDS

20,729

70,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 2 April 2025 and were signed on its behalf by:

R M Smith - Director

1.	STATUTORY INFORMATION

Templar Electrical Installations 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 25% on cost, 20% on reducing balance and 4% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

68,900

Additions

1,395

At 31 January 2025

70,295

DEPRECIATION

At 1 February 2024

24,153

Charge for year

11,419

At 31 January 2025

35,572

NET BOOK VALUE

At 31 January 2025

34,723

At 31 January 2024

44,747

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

47,772

DEPRECIATION

At 1 February 2024

11,942

Charge for year

8,958

At 31 January 2025

20,900

NET BOOK VALUE

At 31 January 2025

26,872

At 31 January 2024

35,830

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

58,836

125,335

Other debtors

15,003

16,073

73,839

141,408

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

15,281

7,110

Other creditors

96,334

106,715

111,615

113,825

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

30,359

38,582