| Registered number: 09319113 | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| Prepared By: | ||||||||
| David Jeffreys Ltd | ||||||||
| First Floor | ||||||||
| 4 Princes Street | ||||||||
| Huntingdon | ||||||||
| Cambs. | ||||||||
| PE29 3PA | ||||||||
| Fuel and Electrical Solutions Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| South Humberside | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 09319113 | ||||||||
| ACCOUNTANTS | ||||||||
| David Jeffreys Ltd | ||||||||
| First Floor | ||||||||
| 4 Princes Street | ||||||||
| Huntingdon | ||||||||
| Cambs. | ||||||||
| PE29 3PA | ||||||||
| Fuel and Electrical Solutions Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/12/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| Fuel and Electrical Solutions Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 230,878 | 187,207 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 78,323 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 131,498 | 110,668 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Fuel and Electrical Solutions Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 20% | |||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| Motor Cars | reducing balance 25% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 2. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 6 | |||||
| Fuel and Electrical Solutions Ltd | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Plant and | Fixtures | |||||||
| Machinery | and Fittings | Motor Cars | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/01/2024 | 2,119 | 520 | 106,200 | 108,839 | ||||
| Additions | - | - | 40,990 | 40,990 | ||||
| Disposals | - | - | (34,449) | (34,449) | ||||
| At 31/12/2024 | 2,119 | 520 | 112,741 | 115,380 | ||||
| Depreciation | ||||||||
| At 01/01/2024 | 1,729 | 458 | 66,708 | 68,895 | ||||
| Disposals | - | - | (31,637) | (31,637) | ||||
| For the year | 78 | 12 | 20,121 | 20,211 | ||||
| At 31/12/2024 | 1,807 | 470 | 55,192 | 57,469 | ||||
| Net Book Amounts | ||||||||
| At 31/12/2024 | 57,911 | |||||||
| At 31/12/2023 | 39,944 | |||||||
| 4. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 94,603 | 70,405 | ||||||
| Other debtors | 4,438 | 11,114 | ||||||
| 99,041 | 81,519 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 23,606 | 6,025 | ||||||
| VAT | 5,875 | 8,577 | ||||||
| PAYE control | 3,280 | 1,989 | ||||||
| Bank Loan | 60,557 | 56,143 | ||||||
| Credit card | 19 | 1,309 | ||||||
| Hire purchase | 35,191 | 27,696 | ||||||
| Trade creditors | 13,417 | 5,108 | ||||||
| Pension schemes | 536 | 412 | ||||||
| Accruals | 1,625 | 1,625 | ||||||
| 144,106 | 108,884 | |||||||
| Fuel and Electrical Solutions Ltd | ||||||||
| 6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Deferred taxation | 13,175 | 7,589 | ||||||
| 13,175 | 7,589 | |||||||
| 7. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 10 | 10 | |||||||
| 10 | 10 | |||||||