REGISTERED NUMBER: 07163028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GARETH EDWARDS ELECTRICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G J Edwards

Mrs S Edwards

REGISTERED OFFICE:

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

REGISTERED NUMBER:

07163028 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

CURRENT ASSETS

Debtors

4

40,961

32,994

Cash at bank

7

6

40,968

33,000

CREDITORS

Amounts falling due within one year

5

26,813

25,391

NET CURRENT ASSETS

14,155

7,609

TOTAL ASSETS LESS CURRENT LIABILITIES

14,155

7,609

CREDITORS

Amounts falling due after more than one year

6

13,959

17,301

NET ASSETS/(LIABILITIES)

196

(9,692

)

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

8

186

(9,702

)

SHAREHOLDERS' FUNDS

196

(9,692

)

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 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 15 September 2025 and were signed on its behalf by:

Mr G J Edwards - Director

1.	STATUTORY INFORMATION

Gareth Edwards Electrics 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,158

-

Directors' loan accounts

15,725

20,122

Corporation tax

-

5,387

Section 455 tax recoverable

6,578

6,578

Social security and other taxes

-

907

Prepayments and accrued income

17,500

-

40,961

32,994

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,246

13,286

Trade creditors

9,881

4,685

Corporation tax

3,161

1,975

Social security and other taxes

1,777

1,695

Other creditors

2,998

-

Accrued expenses

3,750

3,750

26,813

25,391

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

3,209

3,201

Bank loans - 2-5 years

9,297

9,272

Bank loans more 5 yr by instal

1,453

4,828

13,959

17,301

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,453

4,828

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

10

Ordinary

£1

10

10

8.

RESERVES

Retained

earnings

£

At 1 April 2024

(9,702

)

Profit for the year

31,138

Dividends

(21,250

)

At 31 March 2025

186

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr G J Edwards

Balance outstanding at start of year

20,122

6,703

Amounts advanced

-

13,419

Amounts repaid

(1,288

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,834

20,122

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G J Edwards.