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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
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TOWCESTER ELECTRICAL SERVICES LIMITED Company Information for the year ended 31 March 2025
Director
Michael Hackett
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
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TOWCESTER ELECTRICAL SERVICES LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,615 
20,142 
Current assets
Inventories
177 
1,000 
Debtors
17,216 
42,481 
Cash at bank and in hand
65,276 
45,810 
82,669 
89,291 
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)
Net assets
65,208 
74,230 
Capital and reserves
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
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TOWCESTER ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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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 
Depreciation
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 
Net book value
At 31 March 2025
12,306 
1,958 
1,351 
15,615 
At 31 March 2024
18,091 
656 
1,395 
20,142 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,994 
40,865 
Accrued income and prepayments
2,222 
1,616 
17,216 
42,481 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,067 
10,971 
Trade creditors
693 
- 
Taxes and social security
6,168 
9,564 
Other creditors
448 
448 
Loans from directors
16,955 
8,693 
Accruals
1,900 
1,700 
30,231 
31,376 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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