Company Registration No. 11685357 (England and Wales)
AP Electrical Ltd
Unaudited accounts
for the year ended 30 November 2024
AP Electrical Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
26,838
33,547
Cash at bank and in hand
29,502
289,671
Creditors: amounts falling due within one year
(143,469)
(206,288)
Net current assets
297,482
430,275
Total assets less current liabilities
324,320
463,822
Creditors: amounts falling due after more than one year
-
(4,314)
Net assets
324,320
459,508
Called up share capital
3
3
Profit and loss account
324,317
459,505
Shareholders' funds
324,320
459,508
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by
Jordan Phillips
Director
Company Registration No. 11685357
AP Electrical Ltd
Notes to the Accounts
for the year ended 30 November 2024
AP Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11685357. The registered office is The Crawler Shed, Housham Hall Farm, Matching Tye, Harlow, CM17 0PB.
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.
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
47,622
2,655
50,277
At 30 November 2024
47,622
2,655
50,277
At 1 December 2023
16,065
665
16,730
Charge for the year
6,311
398
6,709
At 30 November 2024
22,376
1,063
23,439
At 30 November 2024
25,246
1,592
26,838
At 30 November 2023
31,557
1,990
33,547
AP Electrical Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
331,982
327,663
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,464
3,191
Obligations under finance leases and hire purchase contracts
11,366
13,099
Trade creditors
105,965
66,361
Taxes and social security
17,235
93,436
Other creditors
4,439
29,378
Loans from directors
-
823
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 11 (2023: 8).