Company Registration No. 10976897 (England and Wales)
TOWCESTER ELECTRICAL SERVICES LIMITED
Unaudited accounts
for the year ended 31 March 2025
TOWCESTER ELECTRICAL SERVICES LIMITED
Unaudited accounts
Contents
TOWCESTER ELECTRICAL SERVICES LIMITED
Company Information
for the year ended 31 March 2025
Company Number
10976897 (England and Wales)
Registered Office
TOWCESTER ELECTRICAL SERVICES
114 WATLING STREET EAST
TOWCESTER
NN12 6BT
ENGLAND
Accountants
Robins & Co
35 St Leonards Road
Northampton
NN4 8DL
TOWCESTER ELECTRICAL SERVICES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
15,615
20,142
Cash at bank and in hand
65,276
45,810
Creditors: amounts falling due within one year
(30,231)
(31,376)
Net current assets
52,438
57,915
Total assets less current liabilities
68,053
78,057
Provisions for liabilities
Deferred tax
(2,845)
(3,827)
Called up share capital
1
1
Profit and loss account
65,207
74,229
Shareholders' funds
65,208
74,230
For the year ending 31 March 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 30 April 2025 and were signed on its behalf by
Michael Hackett
Director
Company Registration No. 10976897
TOWCESTER ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
TOWCESTER ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10976897. The registered office is TOWCESTER ELECTRICAL SERVICES, 114 WATLING STREET EAST, TOWCESTER, NN12 6BT, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Motor vehicles
20% reducing balance
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
TOWCESTER ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
30,796
1,317
2,705
34,818
Additions
2,000
1,699
755
4,454
Disposals
(6,250)
-
-
(6,250)
At 31 March 2025
26,546
3,016
3,460
33,022
At 1 April 2024
12,705
661
1,310
14,676
Charge for the year
2,785
397
799
3,981
On disposals
(1,250)
-
-
(1,250)
At 31 March 2025
14,240
1,058
2,109
17,407
At 31 March 2025
12,306
1,958
1,351
15,615
At 31 March 2024
18,091
656
1,395
20,142
Amounts falling due within one year
Trade debtors
14,994
40,865
Accrued income and prepayments
2,222
1,616
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,168
9,564
Loans from directors
16,955
8,693
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).