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Registration number: 06225702

Owl Electrical & Security Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2025

 

Owl Electrical & Security Limited

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 10

 

Owl Electrical & Security Limited

Company Information





 

Director




 

Mr Noel Ward

Registered office





 

38 Mayfield Avenue
Dalton
Huddersfield
West Yorkshire
HD5 9HW

Accountants

D & A Hill
No.18 T8/9 Brooke's Mill
Armitage Bridge
Huddersfield
West Yorkshire
HD4 7NR

 

Owl Electrical & Security Limited

Director's Report
for the Year Ended 30 April 2025

The director presents his report and the financial statements for the year ended 30 April 2025.

Director of the company

The director who held office during the year was as follows:

Mr Noel Ward

Principal activity

The principal activity of the company is security & electrical services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 26 June 2025
 

.........................................
Mr Noel Ward
Director

 

Owl Electrical & Security Limited

(Registration number: 06225702 )
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

4,022

5,035

Current assets

 

Stocks

5

5,800

5,700

Debtors

6

2,891

5,129

Cash at bank and in hand

 

47,911

57,775

 

56,602

68,604

Creditors: Amounts falling due within one year

7

(10,210)

(19,264)

Net current assets

 

46,392

49,340

Net assets

 

50,414

54,375

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

50,412

54,373

Shareholders' funds

 

50,414

54,375

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 June 2025
 

 

Owl Electrical & Security Limited

(Registration number: 06225702 )
Balance Sheet as at 30 April 2025

.........................................
Mr Noel Ward
Director

 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
38 Mayfield Avenue
Dalton
Huddersfield
West Yorkshire
HD5 9HW
United Kingdom

These financial statements were authorised for issue by the director on 26 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Improvements to property

15% on reducing balance

Tools and equipment

15% on reducing balance

Motor vehicles

25% on reducing balance

Office equipment

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

4

Tangible assets

Improvements to property
 £

Tools and equipment
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 May 2024

4,675

3,200

1,847

14,500

At 30 April 2025

4,675

3,200

1,847

14,500

Depreciation

At 1 May 2024

4,379

1,480

1,409

11,919

Charge for the year

44

258

66

645

At 30 April 2025

4,423

1,738

1,475

12,564

Carrying amount

At 30 April 2025

252

1,462

372

1,936

At 30 April 2024

296

1,720

438

2,581

Total
£

Cost or valuation

At 1 May 2024

24,222

At 30 April 2025

24,222

Depreciation

At 1 May 2024

19,187

Charge for the year

1,013

At 30 April 2025

20,200

Carrying amount

At 30 April 2025

4,022

At 30 April 2024

5,035

 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

5

Stocks

2025
£

2024
£

Work in progress

4,000

3,950

Other inventories

1,800

1,750

5,800

5,700

6

Debtors

Current

2025
£

2024
£

Trade debtors

2,891

5,129

 

2,891

5,129

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

9

3,900

7,500

Taxation and social security

 

4,206

7,542

Accruals and deferred income

 

880

2,803

Other creditors

 

1,224

1,419

 

10,210

19,264

8

Share capital

Allotted, called up and fully paid shares

 

2025

2024

 

No.

£

No.

£

Ordinary of £1 each

2

2

2

2

         
 

Owl Electrical & Security Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 April 2025

9

Loans and borrowings

2025
£

2024
£

Current loans and borrowings

Other borrowings

3,900

7,500