REGISTERED NUMBER: 09424312 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Electron LCS Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

S Monk

Secretary:

Mrs H K Monk

Registered office:

17 Fairland Close

Llantrisant

CF72 8QH

Registered number:

09424312 (England and Wales)

Accountants:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

101 Dunraven Street

Tonypandy

CF40 1AR

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

32,218

7,234

32,218

7,234

Current assets

Stocks

5,000

5,500

Debtors

6

40,212

64,007

Cash at bank

61,635

77,306

106,847

146,813

Creditors

Amounts falling due within one year

7

24,787

53,683

Net current assets

82,060

93,130

Total assets less current liabilities

114,278

100,364

Provisions for liabilities

6,121

1,374

Net assets

108,157

98,990

Capital and reserves

Called up share capital

8

550

550

Retained earnings

107,607

98,440

Shareholders' funds

108,157

98,990

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 8 September 2025 and were signed by:

S Monk - Director

1.	Statutory information

Electron LCS 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

5,000

Amortisation

At 1 January 2024

and 31 December 2024

5,000

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	Tangible fixed assets

Equipment

Office

Motor

and Tools

Equipment

vehicles

Totals

£

£

£

£

Cost

At 1 January 2024

9,029

5,689

36,995

51,713

Additions

-

1,135

36,000

37,135

Disposals

-

-

(18,000

)

(18,000

)

At 31 December 2024

9,029

6,824

54,995

70,848

Depreciation

At 1 January 2024

7,524

3,766

33,189

44,479

Charge for year

376

647

9,328

10,351

Eliminated on disposal

-

-

(16,200

)

(16,200

)

At 31 December 2024

7,900

4,413

26,317

38,630

Net book value

At 31 December 2024

1,129

2,411

28,678

32,218

At 31 December 2023

1,505

1,923

3,806

7,234

6.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade debtors

40,212

64,007

7.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

6,011

22,194

Taxation and social security

17,860

29,220

Other creditors

916

2,269

24,787

53,683

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

500

Ordinary A

£1

500

500

50

Ordinary B Redeemable

£1

50

50

550

550

9.	Ultimate controlling party

The controlling party is S Monk.