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Registration number: 07407039

Your Energy and Electrical Services Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

 

Your Energy and Electrical Services Ltd

Directors' Report for the Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Neil Lloyd

Mr Bradley J Gasson

Principal activity

The principal activity of the company is Electrical Instalations

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 27 June 2025 and signed on its behalf by:
 

.........................................
Mr Neil Lloyd
Director

.........................................
Mr Bradley J Gasson
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Your Energy and Electrical Services Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Your Energy and Electrical Services Ltd for the year ended 31 March 2025 as set out on pages 3 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Your Energy and Electrical Services Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Your Energy and Electrical Services Ltd and state those matters that we have agreed to state to the Board of Directors of Your Energy and Electrical Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Your Energy and Electrical Services Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Your Energy and Electrical Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Your Energy and Electrical Services Ltd. You consider that Your Energy and Electrical Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Your Energy and Electrical Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

R S Porter & Co Limited
The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

27 June 2025

 

Your Energy and Electrical Services Ltd

Profit and Loss Account for the Year Ended 31 March 2025

Note

2025
£

2024
£

Turnover

 

2,515,718

4,783,350

Cost of sales

 

(1,824,824)

(4,162,190)

Gross profit

 

690,894

621,160

Administrative expenses

 

(613,420)

(531,499)

Operating profit

 

77,474

89,661

Interest payable and similar expenses

 

(4,615)

(4,570)

Profit before tax

4

72,859

85,091

Tax on profit

 

(14,108)

(18,744)

Profit for the financial year

 

58,751

66,347

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Your Energy and Electrical Services Ltd

(Registration number: 07407039)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

5

30,647

28,797

Current assets

 

Debtors

6

527,576

903,235

Cash at bank and in hand

 

2,077

123,644

 

529,653

1,026,879

Creditors: Amounts falling due within one year

7

(447,003)

(918,883)

Net current assets

 

82,650

107,996

Total assets less current liabilities

 

113,297

136,793

Creditors: Amounts falling due after more than one year

7

-

(32,247)

Provisions for liabilities

(3,636)

(3,636)

Net assets

 

109,661

100,910

Capital and reserves

 

Called up share capital

8

2,000

2,000

Retained earnings

107,661

98,910

Shareholders' funds

 

109,661

100,910

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 27 June 2025 and signed on its behalf by:
 

 

Your Energy and Electrical Services Ltd

(Registration number: 07407039)
Balance Sheet as at 31 March 2025

.........................................
Mr Neil Lloyd
Director

.........................................
Mr Bradley J Gasson
Director

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
702b Filton Avenue
Filton
Bristol
England
BS34 7JX

These financial statements were authorised for issue by the Board on 27 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 12).

4

Profit before tax

Arrived at after charging/(crediting)

2025
£

2024
£

Depreciation expense

10,215

9,543

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2024

86,132

86,132

Additions

12,065

12,065

At 31 March 2025

98,197

98,197

Depreciation

At 1 April 2024

57,335

57,335

Charge for the year

10,215

10,215

At 31 March 2025

67,550

67,550

Carrying amount

At 31 March 2025

30,647

30,647

At 31 March 2024

28,797

28,797

6

Debtors

Current

2025
£

2024
£

Trade debtors

465,566

887,535

Other debtors

62,010

15,700

 

527,576

903,235

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

9

5,356

-

Trade creditors

 

393,158

856,896

Taxation and social security

 

31,913

49,264

Accruals and deferred income

 

-

(62,741)

Other creditors

 

16,576

75,464

 

447,003

918,883

Creditors: amounts falling due after more than one year

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

9

-

32,247

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

2,000

2,000

2,000

2,000

       

9

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

-

32,247

Current loans and borrowings

2025
£

2024
£

Bank overdrafts

5,356

-

10

Dividends

Interim dividends paid

2025
£

2024
£

Interim dividend of £25.00 per each Ordinary

50,000

50,000

 

 

11

Related party transactions

 

Your Energy and Electrical Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

2025
£

2024
£

Remuneration

24,480

24,480

Contributions paid to money purchase schemes

20,000

-

44,480

24,480