Company Registration No. 03256680 (England and Wales)
Industrial Electronic Wiring Limited
Unaudited accounts
for the year ended 31 January 2025
Industrial Electronic Wiring Limited
Unaudited accounts
Contents
Industrial Electronic Wiring Limited
Company Information
for the year ended 31 January 2025
Company Number
03256680 (England and Wales)
Registered Office
I E W
Unit 10 Birch, Kembrey Park
Swindon
Wiltshire
SN2 8UU
England
Industrial Electronic Wiring Limited
Statement of financial position
as at 31 January 2025
Tangible assets
145,158
135,225
Inventories
1,557,392
1,749,662
Debtors
1,501,729
1,596,467
Cash at bank and in hand
103,883
162,137
Creditors: amounts falling due within one year
(1,148,499)
(1,491,984)
Net current assets
2,014,505
2,016,282
Total assets less current liabilities
2,159,663
2,151,507
Creditors: amounts falling due after more than one year
(65,717)
(150,469)
Provisions for liabilities
Deferred tax
(33,633)
(30,622)
Net assets
2,060,313
1,970,416
Called up share capital
1,000
1,000
Profit and loss account
2,059,313
1,969,416
Shareholders' funds
2,060,313
1,970,416
For the year ending 31 January 2025 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 15 April 2025 and were signed on its behalf by
Duncan Game
Director
Company Registration No. 03256680
Industrial Electronic Wiring Limited
Notes to the Accounts
for the year ended 31 January 2025
Industrial Electronic Wiring Limited is a private company, limited by shares, registered in England and Wales, registration number 03256680. The registered office is I E W, Unit 10 Birch, Kembrey Park, Swindon, Wiltshire, SN2 8UU, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
10% straight line
Plant & machinery
33% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2024
116,339
171,807
69,633
54,802
122,580
535,161
Additions
-
49,632
-
-
1,256
50,888
Disposals
-
-
(11,700)
-
-
(11,700)
At 31 January 2025
116,339
221,439
57,933
54,802
123,836
574,349
At 1 February 2024
110,533
102,807
32,244
41,222
113,130
399,936
Charge for the year
2,248
19,104
8,973
3,390
5,744
39,459
On disposals
-
-
(10,204)
-
-
(10,204)
At 31 January 2025
112,781
121,911
31,013
44,612
118,874
429,191
At 31 January 2025
3,558
99,528
26,920
10,190
4,962
145,158
At 31 January 2024
5,806
69,000
37,389
13,580
9,450
135,225
Industrial Electronic Wiring Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
501,386
629,943
Amounts due from group undertakings etc.
864,270
898,426
Accrued income and prepayments
32,815
26,875
Other debtors
103,258
41,223
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
276,256
368,301
Obligations under finance leases and hire purchase contracts
25,596
-
Trade creditors
618,549
907,742
Taxes and social security
126,512
124,229
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
The Company received services from it's parent, Parkhouse Estates Holdings Limited during the year to the value of £81,275 (2024: £193,000). At the year end Industrial Electrical Wiring Limited owed Parkhouse Estates Holdings Limited £54,130 (2024: £208,600).
9
Average number of employees
During the year the average number of employees was 46 (2024: 62).