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REGISTERED NUMBER: SC291593 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

E.A.L. ELECTRICAL LTD.

E.A.L. ELECTRICAL LTD. (REGISTERED NUMBER: SC291593)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.A.L. ELECTRICAL LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: Mr P B M Page
Mr A J R Scott



SECRETARY: Mrs Y Scott



REGISTERED OFFICE: Unit 4a
3 Strathspey Industrial Estate
Woodlands Terrace
Grantown-On-Spey
Moray
PH26 3NB



REGISTERED NUMBER: SC291593 (Scotland)



ACCOUNTANTS: Goldwells
Wards House
Wards Road
Elgin
Moray
IV30 1NL



BANKERS: Santander
Customer Service Centre
Bootle
Merseyside
L30 4GB

E.A.L. ELECTRICAL LTD. (REGISTERED NUMBER: SC291593)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,181 12,637

CURRENT ASSETS
Stocks 15,695 11,927
Debtors 5 60,665 65,719
Cash at bank 79,332 53,772
155,692 131,418
CREDITORS
Amounts falling due within one year 6 37,295 50,129
NET CURRENT ASSETS 118,397 81,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,578

93,926

CREDITORS
Amounts falling due after more than one
year

7

(27,760

)

-

PROVISIONS FOR LIABILITIES (7,824 ) (2,401 )
NET ASSETS 123,994 91,525

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 123,894 91,425
123,994 91,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 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.

E.A.L. ELECTRICAL LTD. (REGISTERED NUMBER: SC291593)

BALANCE SHEET - continued
31ST OCTOBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th July 2025 and were signed on its behalf by:





Mr A J R Scott - Director


E.A.L. ELECTRICAL LTD. (REGISTERED NUMBER: SC291593)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

E.A.L. Electrical Ltd. 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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate
proportion of fixed and variable overheads.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

E.A.L. ELECTRICAL LTD. (REGISTERED NUMBER: SC291593)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2023 43,905
Additions 41,344
At 31st October 2024 85,249
DEPRECIATION
At 1st November 2023 31,268
Charge for year 12,800
At 31st October 2024 44,068
NET BOOK VALUE
At 31st October 2024 41,181
At 31st October 2023 12,637

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 59,985 63,804
Other debtors 680 1,915
60,665 65,719

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,553 -
Trade creditors 4,558 16,349
Taxation and social security 23,711 32,301
Other creditors 1,473 1,479
37,295 50,129

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 27,760 -