Registered number
10068909
Efficient Electrical Installations Limited
Filleted Accounts
31 March 2025
Efficient Electrical Installations Limited
Registered number: 10068909
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Cash at bank and in hand - 552
Creditors: amounts falling due within one year 3 (5,623) (5,646)
Net current liabilities (5,623) (5,094)
Net liabilities (5,623) (5,094)
Capital and reserves
Called up share capital 10 10
Profit and loss account (5,633) (5,104)
Shareholders' funds (5,623) (5,094)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Thomas Fryer
Director
Approved by the board on 28 April 2025
Efficient Electrical Installations Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company - -
3 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 2,579 3,770
Other creditors 3,044 1,876
5,623 5,646
4 Other information
Efficient Electrical Installations Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 6 143 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6LA
Efficient Electrical Installations Limited 10068909 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2024 Mr Thomas Fryer No description of principal activity 10068909 2023-04-01 2024-03-31 10068909 core:WithinOneYear 2024-03-31 10068909 core:ShareCapital 2024-03-31 10068909 core:RetainedEarningsAccumulatedLosses 2024-03-31 10068909 2024-04-01 2025-03-31 10068909 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10068909 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10068909 bus:Director40 2024-04-01 2025-03-31 10068909 2 2024-04-01 2025-03-31 10068909 countries:England 2024-04-01 2025-03-31 10068909 bus:FRS102 2024-04-01 2025-03-31 10068909 bus:FilletedAccounts 2024-04-01 2025-03-31 10068909 2025-03-31 10068909 core:WithinOneYear 2025-03-31 10068909 core:ShareCapital 2025-03-31 10068909 core:RetainedEarningsAccumulatedLosses 2025-03-31 10068909 2024-03-31 iso4217:GBP xbrli:pure