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REGISTERED NUMBER: 13022298 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2024

for

SRL Switchgear Ltd

SRL Switchgear Ltd (Registered number: 13022298)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SRL Switchgear Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: L A Dent





REGISTERED OFFICE: 27 Cromwell Lane
Northfield
Birmingham
B31 1AB





REGISTERED NUMBER: 13022298 (England and Wales)





ACCOUNTANTS: Ardor Business Solutions Limited
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE

SRL Switchgear Ltd (Registered number: 13022298)

Statement of Financial Position
30 November 2024

30/11/24 30/11/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,233 98,178

CURRENT ASSETS
Debtors 5 32,516 6,000
Cash at bank and in hand 25,565 24,621
58,081 30,621
CREDITORS
Amounts falling due within one year 6 30,327 24,310
NET CURRENT ASSETS 27,754 6,311
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,987

104,489

PROVISIONS FOR LIABILITIES 14,617 21,262
NET ASSETS 82,370 83,227

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 82,368 83,225
82,370 83,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2025 and were signed by:




L A Dent - Director


SRL Switchgear Ltd (Registered number: 13022298)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

SRL Switchgear 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - straight line over 3 years

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

SRL Switchgear Ltd (Registered number: 13022298)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 111,988 18,351 1,190 131,529
Additions - - 1,693 1,693
At 30 November 2024 111,988 18,351 2,883 133,222
DEPRECIATION
At 1 December 2023 23,427 9,748 176 33,351
Charge for year 27,997 2,151 490 30,638
At 30 November 2024 51,424 11,899 666 63,989
NET BOOK VALUE
At 30 November 2024 60,564 6,452 2,217 69,233
At 30 November 2023 88,561 8,603 1,014 98,178

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Trade debtors 28,716 -
Other debtors 3,130 3,130
Tax - 1,941
VAT 670 929
32,516 6,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Trade creditors 26 2,105
Tax 28,845 16,549
Social security and other taxes 340 -
Directors' current accounts 216 4,956
Accrued expenses 900 700
30,327 24,310

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L A Dent.