IRIS Accounts Production v25.1.0.734 06458288 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064582882023-12-31064582882024-12-31064582882024-01-012024-12-31064582882022-12-31064582882023-01-012023-12-31064582882023-12-3106458288ns15:EnglandWales2024-01-012024-12-3106458288ns14:PoundSterling2024-01-012024-12-3106458288ns10:Director12024-01-012024-12-3106458288ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3106458288ns10:SmallEntities2024-01-012024-12-3106458288ns10:AuditExemptWithAccountantsReport2024-01-012024-12-3106458288ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3106458288ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3106458288ns10:FullAccounts2024-01-012024-12-310645828812024-01-012024-12-3106458288ns10:RegisteredOffice2024-01-012024-12-3106458288ns5:CurrentFinancialInstruments2024-12-3106458288ns5:CurrentFinancialInstruments2023-12-3106458288ns5:ShareCapital2024-12-3106458288ns5:ShareCapital2023-12-3106458288ns5:RetainedEarningsAccumulatedLosses2024-12-3106458288ns5:RetainedEarningsAccumulatedLosses2023-12-3106458288ns5:NetGoodwill2024-01-012024-12-3106458288ns5:FurnitureFittings2024-01-012024-12-3106458288ns5:MotorVehicles2024-01-012024-12-3106458288ns5:ComputerEquipment2024-01-012024-12-3106458288ns5:NetGoodwill2023-12-3106458288ns5:NetGoodwill2024-12-3106458288ns5:NetGoodwill2023-12-3106458288ns5:FurnitureFittings2023-12-3106458288ns5:MotorVehicles2023-12-3106458288ns5:ComputerEquipment2023-12-3106458288ns5:FurnitureFittings2024-12-3106458288ns5:MotorVehicles2024-12-3106458288ns5:ComputerEquipment2024-12-3106458288ns5:FurnitureFittings2023-12-3106458288ns5:MotorVehicles2023-12-3106458288ns5:ComputerEquipment2023-12-3106458288ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3106458288ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31064582881ns10:Director12023-12-31064582881ns10:Director12022-12-31064582881ns10:Director12024-01-012024-12-31064582881ns10:Director12023-01-012023-12-31064582881ns10:Director12024-12-31064582881ns10:Director12023-12-31
REGISTERED NUMBER: 06458288 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Select Electrical Agencies Ltd

Select Electrical Agencies Ltd (Registered number: 06458288)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Select Electrical Agencies Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: I G Manning





REGISTERED OFFICE: 10 Churchill Rise
Axminster
Devon
EX13 5FX





REGISTERED NUMBER: 06458288 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT

Select Electrical Agencies Ltd (Registered number: 06458288)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,477 21,722
17,477 21,722

CURRENT ASSETS
Debtors 6 77,312 88,862
Cash at bank 79,725 115,085
157,037 203,947
CREDITORS
Amounts falling due within one year 7 10,389 34,723
NET CURRENT ASSETS 146,648 169,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,125

190,946

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 164,124 190,945
SHAREHOLDERS' FUNDS 164,125 190,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 May 2025 and were signed by:




I G Manning - Director


Select Electrical Agencies Ltd (Registered number: 06458288)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Select Electrical Agencies 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.

Goodwill
Goodwill was acquired on 1 January 2008 and has historically not been amortised. However, it is now considered that it would be prudent to so do, and as such a decision has been made to write off the cost over a period of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 35,000
AMORTISATION
At 1 January 2024
and 31 December 2024 35,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Select Electrical Agencies Ltd (Registered number: 06458288)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor Computer
& equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 13,963 29,605 1,904 45,472
DEPRECIATION
At 1 January 2024 2,094 20,238 1,418 23,750
Charge for year 1,781 2,342 122 4,245
At 31 December 2024 3,875 22,580 1,540 27,995
NET BOOK VALUE
At 31 December 2024 10,088 7,025 364 17,477
At 31 December 2023 11,869 9,367 486 21,722

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 6,925 5,632
Other debtors 70,387 83,230
77,312 88,862

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 9,103 33,409
Other creditors 1,286 1,314
10,389 34,723

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
I G Manning
Balance outstanding at start of year 80,315 72,207
Amounts advanced 25,431 45,858
Amounts repaid (37,700 ) (37,750 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 68,046 80,315

Select Electrical Agencies Ltd

Report of the Accountants to the Director of
Select Electrical Agencies Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT


Date: .............................................