Registration number: 04294170

Jel Electrical Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Jel Electrical Limited

Company Information

Directors

Colin Mark Jervis Deborah Jayne Jervis

Registered office

Holt Buildings 51 Holt Road Higher Tranmere Birkenhead, Wirral CH41 9EW

Accountants

S.B.P. (Southport) Limited T/A SB Patel & Co Chartered Certified Accountants Tolsey House 1 Marshside Road Churchtown Southport Merseyside PR9 9TL

Jel Electrical Limited

(Registration number: 04294170)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	83,811	70,283
Current assets
Stocks	5	350	15,679
Debtors	6	476,180	138,586
Cash at bank and in hand		136,656	248,005
		613,186	402,270
Creditors: Amounts falling due within one year	7	(177,792)	(44,840)
Net current assets		435,394	357,430
Total assets less current liabilities		519,205	427,713
Creditors: Amounts falling due after more than one year	7	(34,123)	(24,923)
Net assets		485,082	402,790
Capital and reserves
Called up share capital		100	100
Retained earnings		484,982	402,690
Shareholders' funds		485,082	402,790

For the financial year ending 31 December 2024 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:
 

Jel Electrical Limited

(Registration number: 04294170)
Statement of Financial Position as at 31 December 2024

......................................... Colin Mark Jervis Director

Jel Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

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

The address of its registered office is:
Holt Buildings 51 Holt Road
Higher Tranmere
Birkenhead, Wirral
CH41 9EW
England

These financial statements were authorised for issue by the Board on 17 September 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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Revenue 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. Revenue 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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Jel Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2023 - 8).

Jel Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Fixtures, Fittings & Equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	132,782	86,900	219,682
Additions	2,912	21,137	24,049
At 31 December 2024	135,694	108,037	243,731
Depreciation
At 1 January 2024	118,266	31,133	149,399
Charge for the year	(4,860)	15,381	10,521
At 31 December 2024	113,406	46,514	159,920
Carrying amount
At 31 December 2024	22,288	61,523	83,811
At 31 December 2023	14,516	55,767	70,283

5

Stocks

	2024 £	2023 £
Work in progress	-	12,679
Other inventories	350	3,000
	350	15,679

6

Debtors

Current	2024 £	2023 £
Trade debtors	253,998	41,924
Prepayments	574	698
Other debtors	221,608	95,964
	476,180	138,586

7

Creditors

Creditors: amounts falling due within one year

Jel Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		14,789	9,698
Trade creditors		121,649	15,718
Taxation and social security		24,395	16,413
Accruals and deferred income		292	560
Other creditors		16,667	2,451
		177,792	44,840

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		34,123	24,923