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REGISTERED NUMBER: 08912341 (England and Wales)















CHOATES ELECTRICAL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






CHOATES ELECTRICAL LIMITED (REGISTERED NUMBER: 08912341)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


CHOATES ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







Director: S J Clark





Registered office: 2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR





Registered number: 08912341 (England and Wales)





Accountants: Roberts & Co
Chartered Accountants
2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR

CHOATES ELECTRICAL LIMITED (REGISTERED NUMBER: 08912341)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £
Fixed assets
Tangible assets 4 34,759 3,804

Current assets
Work in progress 4,090 -
Debtors 5 1,008 1,341
Cash at bank 21,449 45,859
26,547 47,200
Creditors
Amounts falling due within one year 6 45,512 45,144
Net current (liabilities)/assets (18,965 ) 2,056
Total assets less current liabilities 15,794 5,860

Creditors
Amounts falling due after more than one
year

7

13,804

-
Net assets 1,990 5,860

Capital and reserves
Called up share capital 8 10 10
Retained earnings 9 1,980 5,850
Shareholders' funds 1,990 5,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 26 July 2025 and were signed by:





S J Clark - Director


CHOATES ELECTRICAL LIMITED (REGISTERED NUMBER: 08912341)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. Statutory information

Choates Electrical Limited 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.

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 etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing work in progress to their present location and condition.

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 balance sheet date.

3. Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

CHOATES ELECTRICAL LIMITED (REGISTERED NUMBER: 08912341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
Cost
At 1 April 2024 - 8,905 24,575 33,480
Additions 44,000 1,001 - 45,001
Disposals - - (24,575 ) (24,575 )
At 31 March 2025 44,000 9,906 - 53,906
Depreciation
At 1 April 2024 - 7,561 22,115 29,676
Charge for year 11,000 586 - 11,586
Eliminated on disposal - - (22,115 ) (22,115 )
At 31 March 2025 11,000 8,147 - 19,147
Net book value
At 31 March 2025 33,000 1,759 - 34,759
At 31 March 2024 - 1,344 2,460 3,804

5. Debtors: amounts falling due within one year
2025 2024
£ £
Trade debtors 541 841
Prepayments 467 500
1,008 1,341

6. Creditors: amounts falling due within one year
2025 2024
£ £
Corporation tax payable - 6,537
PAYE control account 479 563
VAT 4,478 5,018
Motor loan 3,234 -
Director's current account 36,282 32,032
Accrued expenses 1,039 994
45,512 45,144

7. Creditors: amounts falling due after more than one year
2025 2024
£ £
Motor loan 13,804 -

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
10 Ordinary shares £1 10 10

CHOATES ELECTRICAL LIMITED (REGISTERED NUMBER: 08912341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


9. Reserves
Retained
earnings
£

At 1 April 2024 5,850
Profit for the year 20,130
Dividends (24,000 )
At 31 March 2025 1,980