Company Registration No. 11023511 (England and Wales)
A&b Electrics (herts) Ltd
Unaudited accounts
for the year ended 31 October 2024
A&b Electrics (herts) Ltd
Unaudited accounts
Contents
A&b Electrics (herts) Ltd
Company Information
for the year ended 31 October 2024
Director
Andrew Leslie Webb
Company Number
11023511 (England and Wales)
Registered Office
48 Haseldine Road
London Colney
St. Albans
AL2 1RT
England
Accountants
GEM Accountancy
62B Great North Road
Welwyn Garden City
Welwyn Garden City
Herts
AL8 7TL
A&b Electrics (herts) Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
1,095
1,460
Cash at bank and in hand
23,630
10,086
Creditors: amounts falling due within one year
(4,687)
(2,682)
Net current assets
18,943
7,404
Total assets less current liabilities
20,038
8,864
Creditors: amounts falling due after more than one year
-
(1,894)
Called up share capital
1
1
Profit and loss account
20,037
6,969
Shareholders' funds
20,038
6,970
For the year ending 31 October 2024 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 4 July 2025 and were signed on its behalf by
Andrew Leslie Webb
Director
Company Registration No. 11023511
A&b Electrics (herts) Ltd
Notes to the Accounts
for the year ended 31 October 2024
A&b Electrics (herts) Ltd is a private company, limited by shares, registered in England and Wales, registration number 11023511. The registered office is 48 Haseldine Road, London Colney, St. Albans, AL2 1RT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
80
7,000
7,080
At 31 October 2024
80
7,000
7,080
At 1 November 2023
30
5,590
5,620
Charge for the year
13
352
365
At 31 October 2024
43
5,942
5,985
At 31 October 2024
37
1,058
1,095
At 31 October 2023
50
1,410
1,460
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,980
1,284
Taxes and social security
1,957
648
A&b Electrics (herts) Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).