REGISTERED NUMBER: 09829005 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

ADL Electrical (Yorkshire) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A D Longley

Mr S J Longley

REGISTERED OFFICE:

Rowan House

7 West Bank

SCARBOROUGH

North Yorkshire

YO12 4DX

REGISTERED NUMBER:

09829005 (England and Wales)

ACCOUNTANTS:

Asquith Accountants Ltd

Rowan House

7 West Bank

SCARBOROUGH

North Yorkshire

YO12 4DX

FIXED ASSETS

Intangible assets

4

1,120

2,220

Tangible assets

5

97,885

112,910

99,005

115,130

CURRENT ASSETS

Stocks

225

18,488

Debtors

6

158,842

221,922

Cash at bank

31,221

11,083

190,288

251,493

CREDITORS

Amounts falling due within one year

7

93,581

129,656

NET CURRENT ASSETS

96,707

121,837

TOTAL ASSETS LESS CURRENT LIABILITIES

195,712

236,967

CREDITORS

Amounts falling due after more than one year

8

(65,997

)

(87,590

)

PROVISIONS FOR LIABILITIES

(24,471

)

(25,439

)

NET ASSETS

105,244

123,938

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

105,144

123,838

105,244

123,938

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 directors acknowledge their 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 Board of Directors and authorised for issue on 4 August 2025 and were signed on its behalf by:

Mr A D Longley - Director

1.	STATUTORY INFORMATION

ADL Electrical (Yorkshire) Ltd 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 ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

11,100

AMORTISATION

At 1 January 2024

8,880

Charge for year

1,100

At 31 December 2024

9,980

NET BOOK VALUE

At 31 December 2024

1,120

At 31 December 2023

2,220

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

153,708

Additions

59,089

Disposals

(76,220

)

At 31 December 2024

136,577

DEPRECIATION

At 1 January 2024

40,798

Charge for year

31,234

Eliminated on disposal

(33,340

)

At 31 December 2024

38,692

NET BOOK VALUE

At 31 December 2024

97,885

At 31 December 2023

112,910

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

112,933

Additions

48,591

Disposals

(46,204

)

At 31 December 2024

115,320

DEPRECIATION

At 1 January 2024

10,054

Charge for year

28,483

Eliminated on disposal

(8,664

)

At 31 December 2024

29,873

NET BOOK VALUE

At 31 December 2024

85,447

At 31 December 2023

102,879

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

30,022

88,051

Other debtors

128,820

133,871

158,842

221,922

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

5,000

5,000

Hire purchase contracts

15,321

14,034

Trade creditors

1,490

10,126

Taxation and social security

67,171

100,087

Other creditors

4,599

409

93,581

129,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

2,468

7,885

Hire purchase contracts

63,529

79,705

65,997

87,590

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr A D Longley

Balance outstanding at start of year

5,045

107,041

Amounts repaid

(5,045

)

(101,996

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

5,045

Mr S J Longley

Balance outstanding at start of year

-

25,000

Amounts repaid

-

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The above loan is unsecured, interest free and repayable on demand.

At 31 December 2024, the company was owed £10,974 (2023: £24,463) from Mrs E Longley, a shareholder of the company. This amount is shown within other debtors. This loan is unsecured, interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

At the year end £123,263 was owed from HEAS (Yorkshire) Ltd to ADL Electrical (Yorkshire) Ltd, of which Mr A D Longley is a director and shareholder and Mrs E Longley is a shareholder. The loan is interest free and repayable on demand.