BrightAccountsProduction v1.0.0 v1.0.0 2023-11-01 The company was not dormant during the period The company was trading for the entire period The principle activity of the company during the period under review was the provision of electrician services. 11 July 2025 1 1 13670598 2024-10-31 13670598 2023-10-31 13670598 2022-10-31 13670598 2023-11-01 2024-10-31 13670598 2022-11-01 2023-10-31 13670598 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13670598 uk-curr:PoundSterling 2023-11-01 2024-10-31 13670598 uk-bus:FullAccounts 2023-11-01 2024-10-31 13670598 uk-bus:Director1 2023-11-01 2024-10-31 13670598 uk-bus:RegisteredOffice 2023-11-01 2024-10-31 13670598 uk-bus:Agent1 2023-11-01 2024-10-31 13670598 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 13670598 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 13670598 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 13670598 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 13670598 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 13670598 uk-bus:FRS102 2023-11-01 2024-10-31 13670598 uk-core:LandBuildings 2023-11-01 2024-10-31 13670598 uk-core:PlantMachinery 2023-11-01 2024-10-31 13670598 uk-core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 13670598 uk-core:MotorVehicles 2023-11-01 2024-10-31 13670598 uk-core:WithinOneYear 2024-10-31 13670598 uk-core:WithinOneYear 2023-10-31 13670598 uk-core:WithinOneYear 2024-10-31 13670598 uk-core:WithinOneYear 2023-10-31 13670598 uk-core:AfterOneYear 2024-10-31 13670598 uk-core:AfterOneYear 2023-10-31 13670598 uk-core:BetweenTwoFiveYears 2024-10-31 13670598 uk-core:BetweenTwoFiveYears 2023-10-31 13670598 uk-core:EmployeeBenefits 2023-10-31 13670598 uk-core:AcceleratedTaxDepreciationDeferredTax 2024-10-31 13670598 uk-core:TaxLossesCarry-forwardsDeferredTax 2024-10-31 13670598 uk-core:OtherDeferredTax 2024-10-31 13670598 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-10-31 13670598 uk-core:EmployeeBenefits 2024-10-31 13670598 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 13670598
 
 
GW ELECTRICAL SUPPLIES & SERVICES LTD
 
Director's Report and Unaudited Financial Statements
 
for the financial year ended 31 October 2024
GW ELECTRICAL SUPPLIES & SERVICES LTD
DIRECTOR AND OTHER INFORMATION

 
Director Gareth Williams
 
 
Company Registration Number 13670598
 
 
Registered Office and Business Address 10 Arleymere Close
Cheadle Hulme
Cheadle
SK8 5JE
United Kingdom
 
 
Accountants Langers
Chartered Certified Accountants
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
GB



GW ELECTRICAL SUPPLIES & SERVICES LTD
DIRECTOR'S REPORT
for the financial year ended 31 October 2024

 
The director presents his report and the unaudited financial statements for the financial year ended 31 October 2024.
 
Principal Activity
The principle activity of the company during the period under review was the provision of electrician services.
     
Director
The director who served during the financial year is as follows:
     
Gareth Williams
   
     
Statement of Director's Responsibilities
     
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
select suitable accounting policies and apply them consistently;
make judgements and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________
Gareth Williams
Director
     
11 July 2025



GW ELECTRICAL SUPPLIES & SERVICES LTD

CHARTERED CERTIFIED ACCOUNTANTS REPORT
to the director on the preparation of the unaudited statutory accounts of GW ELECTRICAL SUPPLIES & SERVICES LTD
for the financial year ended 31 October 2024
 
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GW ELECTRICAL SUPPLIES & SERVICES LTD for the financial year ended 31 October 2024 which comprise the Income Statement, the Statement of Financial Position and the related notes thereto from the company's accounting records and from information and explanations you have given to us.
 
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
<http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html>
 
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
<http://www.accaglobal.com/ie/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html>
 
 
 
__________________________________
LANGERS
Chartered Certified Accountants
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
GB
 
11 July 2025



GW ELECTRICAL SUPPLIES & SERVICES LTD
INCOME STATEMENT
for the financial year ended 31 October 2024
2024 2023
Notes £ £

Turnover 21,177 45,290
 
Cost of sales (16,120) (38,968)
───────── ─────────
Gross profit 5,057 6,322
 
Distribution costs - (86)
Administrative expenses (13,238) (15,636)
───────── ─────────
Operating loss (8,181) (9,400)
 
Interest payable and similar expenses (1,294) (1,654)
───────── ─────────
Loss before taxation (9,475) (11,054)
 
Tax on loss - -
───────── ─────────
Loss for the financial year (9,475) (11,054)
         
Accumulated (loss)/profit retained brought forward   (10,791)   263
    ─────────   ─────────
Accumulated loss carried forward   (20,266)   (10,791)
    ═════════   ═════════



GW ELECTRICAL SUPPLIES & SERVICES LTD
Company Registration Number: 13670598
STATEMENT OF FINANCIAL POSITION
as at 31 October 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 4 11,674 16,728
───────── ─────────
 
Current Assets
Stocks 5 3,000 2,490
Debtors 6 4,742 1,451
Cash and cash equivalents 14,927 2,567
───────── ─────────
22,669 6,508
───────── ─────────
Creditors: amounts falling due within one year 7 (47,834) (23,006)
───────── ─────────
Net Current Liabilities (25,165) (16,498)
───────── ─────────
Total Assets less Current Liabilities (13,491) 230
 
Creditors:
amounts falling due after more than one year 8 (6,774) (11,020)
 
Provisions for liabilities 9 (1) (1)
───────── ─────────
Net Liabilities (20,266) (10,791)
═════════ ═════════
 
Capital and Reserves
Retained earnings (20,266) (10,791)
───────── ─────────
Equity attributable to owners of the company (20,266) (10,791)
═════════ ═════════
 
The financial statements have been prepared 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).
           
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 11 July 2025
           
           
________________________________          
Gareth Williams          
Director          
           



GW ELECTRICAL SUPPLIES & SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 October 2024

   
1. General Information
 
GW ELECTRICAL SUPPLIES & SERVICES LTD is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13670598. The registered office of the company is 10 Arleymere Close, Cheadle Hulme, Cheadle, SK8 5JE, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - none
  Plant and machinery - 20% Straight line
  Fixtures, fittings and equipment - 20% Straight line
  Motor vehicles - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Director 1 1
  ═════════ ═════════
             
4. Property, plant and equipment
  Land and Plant and Fixtures, Motor Total
  buildings machinery fittings and vehicles  
  freehold   equipment    
  £ £ £ £ £
Cost
At 1 November 2023 1,427 - 469 25,034 26,930
Additions - 58 - - 58
  ───────── ───────── ───────── ───────── ─────────
At 31 October 2024 1,427 58 469 25,034 26,988
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 November 2023 - - 188 10,014 10,202
Charge for the financial year - 11 94 5,007 5,112
  ───────── ───────── ───────── ───────── ─────────
At 31 October 2024 - 11 282 15,021 15,314
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 October 2024 1,427 47 187 10,013 11,674
  ═════════ ═════════ ═════════ ═════════ ═════════
At 31 October 2023 1,427 - 281 15,020 16,728
  ═════════ ═════════ ═════════ ═════════ ═════════
       
5. Stocks 2024 2023
  £ £
 
Finished goods and goods for resale 3,000 2,490
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
6. Debtors 2024 2023
  £ £
 
Trade debtors 4,742 1,451
  ═════════ ═════════
       
7. Creditors 2024 2023
Amounts falling due within one year £ £
 
Net obligations under finance leases
and hire purchase contracts 4,245 3,849
Trade creditors 4,805 3,212
Taxation 538 94
Director's current account 36,703 14,704
Other creditors 798 427
Accruals 745 720
  ───────── ─────────
  47,834 23,006
  ═════════ ═════════
       
8. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan 6,774 11,020
  ═════════ ═════════
 
Loans
Repayable between two and five years 6,774 11,020
  ═════════ ═════════
 
         
9. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Post- Total Total
  retirement    
  benefits    
    2024 2023
  £ £ £
 
At financial year start 1 1 1
  ───────── ───────── ─────────
At financial year end 1 1 1
  ═════════ ═════════ ═════════
       
10. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2024.
           
11. Related party transactions
 
At 31 October 2024 the company owed £36,703 to the director (2023: £14,704). No interest has been charged to the company on this loan which is repayable on demand and classified in creditors due within one year.
   
12. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.



GW ELECTRICAL SUPPLIES & SERVICES LTD
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
TRADING STATEMENT
for the financial year ended 31 October 2024
2024 2023
£ £

Sales 21,177 45,290
───────── ─────────
       
Cost of sales
Opening stock 2,490   6,048
Purchases 16,630 35,410
  ─────────   ─────────
  19,120   41,458
Closing stock (3,000)   (2,490)
  ─────────   ─────────
  16,120   38,968
  ─────────   ─────────
       
Gross profit 5,057   6,322
  ─────────   ─────────
Gross profit Percentage 23.9%   14.0%
  ─────────   ─────────
       
Distribution Costs
Carriage Outwards - 86
  ─────────   ─────────
  -   86
  ─────────   ─────────
       
Administrative expenses
Director's Remuneration -   1,516
Pension costs - 800
Directors' fees - 68
Staff training 30 -
Rent payable - 583
Insurance 2,032 1,471
Cleaning 19 4
Repairs and maintenance 175 769
Printing, postage and stationery 41 54
Telephone  Broadband 826 1,173
Computer costs 867 24
Motor expenses 2,549 2,675
Entertaining 37 311
Accountancy Fees 805 856
Bank charges 60 35
General expenses 685 196
Depreciation of tangible assets 5,112   5,101
  ─────────   ─────────
  13,238   15,636
  ─────────   ─────────
       
Finance
Other interest 1,294   1,654
  ─────────   ─────────
       
Net loss (9,475)   (11,054)
  ═════════   ═════════