GALAXY ELECTRICAL SERVICES LTD

GALAXY ELECTRICAL SERVICES LTD
Statement of Financial Position
As at 31 January 2025

	2025		2024
	£	£	£	£
Fixed assets		10,331		12,285
Current assets	295,121		259,925
Creditors: amount falling due within one year	(44,312)		(60,842)
Net current assets		250,809		199,083
Total assets less current liabilities		261,140		211,368
Net assets		261,140		211,368


Capital and reserves		261,140		211,368

NOTES TO THE ACCOUNTS

General Information

GALAXY ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11771397, registration address 5 Kingfield Gardens, Woking, GU22 9DY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 1).

For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 10 April 2025 and were signed on its behalf by:

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Samar Akhlaq Chaudhary
Director