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REGISTERED NUMBER: SC559402 (Scotland)















Financial Statements for the Year Ended 31 March 2025

for

Tailored Electrical Services Limited

Tailored Electrical Services Limited (Registered number: SC559402)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tailored Electrical Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R Corry
Mrs D Corry





REGISTERED OFFICE: C/O Rennie Smith & Co
64 Murray Place
Stirling
FK8 2BX





REGISTERED NUMBER: SC559402 (Scotland)






Tailored Electrical Services Limited (Registered number: SC559402)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 67,056 18,571

CURRENT ASSETS
Stocks 2,029 2,065
Debtors 5 61,730 8,359
Investments 6 63,018 60,000
Cash at bank 55,431 32,422
182,208 102,846
CREDITORS
Amounts falling due within one year 7 23,639 20,682
NET CURRENT ASSETS 158,569 82,164
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,625

100,735

CREDITORS
Amounts falling due after more than one
year

8

(46,014

)

-

PROVISIONS FOR LIABILITIES 9 (12,741 ) (3,714 )
NET ASSETS 166,870 97,021

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 166,868 97,019
SHAREHOLDERS' FUNDS 166,870 97,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Tailored Electrical Services Limited (Registered number: SC559402)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:





R Corry - Director


Tailored Electrical Services Limited (Registered number: SC559402)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Tailored Electrical Services Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Tailored Electrical Services Limited (Registered number: SC559402)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 4,086 154 24,519 1,370 30,129
Additions - - 55,044 407 55,451
At 31 March 2025 4,086 154 79,563 1,777 85,580
DEPRECIATION
At 1 April 2024 2,629 133 7,807 989 11,558
Charge for year 291 6 6,472 197 6,966
At 31 March 2025 2,920 139 14,279 1,186 18,524
NET BOOK VALUE
At 31 March 2025 1,166 15 65,284 591 67,056
At 31 March 2024 1,457 21 16,712 381 18,571

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 17,549 7,747
Amounts owed by group undertakings 43,000 -
Other debtors 1,181 612
61,730 8,359

6. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Other 63,018 60,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 9,551 -
Taxation and social security 7,095 15,286
Other creditors 6,993 5,396
23,639 20,682

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 46,014 -

Tailored Electrical Services Limited (Registered number: SC559402)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 12,741 3,714

Deferred
tax
£   
Balance at 1 April 2024 3,714
Provided during year 9,027
Balance at 31 March 2025 12,741

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary 1.00 2 2

11. RESERVES
Retained
earnings
£   

At 1 April 2024 97,019
Profit for the year 69,849
At 31 March 2025 166,868