REGISTERED NUMBER: 11139566 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

YEOMANS ELECTRICAL & SECURITY LTD

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A G YEOMANS

MRS E E YEOMANS

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

REGISTERED NUMBER:

11139566 (England and Wales)

ACCOUNTANTS:

MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

A G YEOMANS

MRS E E YEOMANS

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

ON BEHALF OF THE BOARD:

A G YEOMANS - Director

1 June 2025

TURNOVER

151,463

373,380

Cost of sales

128,949

286,499

GROSS PROFIT

22,514

86,881

Administrative expenses

30,657

30,104

(8,143

)

56,777

Other operating income

-

4,300

OPERATING (LOSS)/PROFIT

4

(8,143

)

61,077

Interest payable and similar expenses

1,582

1,765

(LOSS)/PROFIT BEFORE TAXATION

(9,725

)

59,312

Tax on (loss)/profit

-

8,419

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(9,725

)

50,893

Retained earnings at beginning of year

182,470

151,577

Dividends

5

-

(20,000

)

RETAINED EARNINGS AT END OF YEAR

172,745

182,470

FIXED ASSETS

Tangible assets

6

63,539

52,249

CURRENT ASSETS

Stocks

20,000

-

Debtors

7

3,670

(24,332

)

Cash at bank and in hand

258,564

318,798

282,234

294,466

CREDITORS

Amounts falling due within one year

8

173,028

164,245

NET CURRENT ASSETS

109,206

130,221

TOTAL ASSETS LESS CURRENT LIABILITIES

172,745

182,470

RESERVES

Retained earnings

172,745

182,470

SHAREHOLDERS' FUNDS

172,745

182,470

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2025 and were signed on its behalf by:

A G YEOMANS - Director

1.	STATUTORY INFORMATION

YEOMANS ELECTRICAL & SECURITY 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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 2 (2024 - 4 ) .

4.	OPERATING (LOSS)/PROFIT

The operating loss (2024 - operating profit) is stated after charging:

31/3/25

31/3/24

£

£

Depreciation - owned assets

3,500

-

5.

DIVIDENDS

31/3/25

31/3/24

£

£

ORDINARY shares of 1.00 each

Final

-

20,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

52,249

Additions

14,790

At 31 March 2025

67,039

DEPRECIATION

Charge for year

3,500

At 31 March 2025

3,500

NET BOOK VALUE

At 31 March 2025

63,539

At 31 March 2024

52,249

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

2,034

5

CIS Tax suffered

-

(24,337

)

VAT

1,636

-

3,670

(24,332

)

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

6

6

Tax

35,003

33,421

C.I.S. Tax

29,206

-

VAT

-

2,255

Directors' current accounts

108,939

126,963

Accrued expenses

(126

)

1,600

173,028

164,245