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COMPANY REGISTRATION NUMBER: 03454147
INSTALL ELECTRICAL (WELLS) LIMITED
Filleted Unaudited Financial Statements
28 February 2025
INSTALL ELECTRICAL (WELLS) LIMITED
Financial Statements
Year ended 28th February 2025
Contents
Page
Statement of financial position and the notes to the financial statements
1
INSTALL ELECTRICAL (WELLS) LIMITED
Statement of Financial Position
28 February 2025
2025
2024
£
£
£
Current assets
54,399
68,147
Creditors: amounts falling due within one year
26,704
22,289
--------
--------
Net current assets
27,695
45,858
--------
--------
Total assets less current liabilities
27,695
45,858
Creditors: amounts falling due after more than one year
750
14,615
Accruals and deferred income
1,224
650
--------
--------
25,721
30,593
--------
--------
Capital and reserves
25,721
30,593
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr P W Allen
41,111
2,116
( 2,150)
41,077
--------
-------
-------
--------
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr P W Allen
57,761
12,600
( 29,250)
41,111
--------
--------
--------
--------
Interest has been charged on the above directors loan at the H M Revenue and Customs official rate.
3. Accounting basis and standards
The financial statements have been prepared under the historic cost convention and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
For the year ending 28th February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 17 April 2025 , and are signed on behalf of the board by:
Mr P W Allen
Director
Company registration number: 03454147
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 80 Southover, Wells, Somerset, BA5 1UH.