REGISTERED NUMBER: 08344549 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A C ELECTRICAL & MECHANICAL SERVICES

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Leeks

Mrs N Leeks

REGISTERED OFFICE:

132 West Crescent

Stocksbridge

Sheffield

South Yorkshire

S36 1GA

REGISTERED NUMBER:

08344549 (England and Wales)

ACCOUNTANTS:

Gibson Booth Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

National Westminster

Stocksbridge Leeds Customer Service

Centre, 1 Victoria Place

Holbeck

Leeds

LS11 5AN

FIXED ASSETS

Tangible assets

4

5,710

7,607

CURRENT ASSETS

Stocks

10,750

17,000

Debtors

5

20,879

24,747

Cash at bank

9,556

33,630

41,185

75,377

CREDITORS

Amounts falling due within one year

6

40,868

67,007

NET CURRENT ASSETS

317

8,370

TOTAL ASSETS LESS CURRENT LIABILITIES

6,027

15,977

CREDITORS

Amounts falling due after more than one year

7

5,917

12,917

NET ASSETS

110

3,060

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

108

3,058

SHAREHOLDERS' FUNDS

110

3,060

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 and authorised for issue by the Board of Directors and authorised for issue on 19th September 2025 and were signed on its behalf by:

Mr J S Leeks - Director

1.	STATUTORY INFORMATION

A C Electrical & Mechanical Services 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.

The financial Statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

When the outcome of a transaction can be estimated reliably, turnover from electrical and mechanical services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to contractual obligations and services rendered.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Motor vehicles

- 25 % on reducing balance

Plant & Machinery - Straight line 5 years

Stocks

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

508

14,250

14,758

DEPRECIATION

At 1st January 2024

85

7,066

7,151

Charge for year

101

1,796

1,897

At 31st December 2024

186

8,862

9,048

NET BOOK VALUE

At 31st December 2024

322

5,388

5,710

At 31st December 2023

423

7,184

7,607

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

15,000

16,688

Directors' current accounts

5,879

8,059

20,879

24,747

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,000

4,000

Other loans

3,000

3,000

Trade creditors

8,942

42,292

Corporation tax

14,449

9,431

VAT

8,755

6,740

Other creditors

258

325

Accruals and deferred income

1,464

1,219

40,868

67,007

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

4,667

8,667

Loans - Due more than 1 year

1,250

4,250

5,917

12,917

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024

2023

£

£

Mr J S Leeks

Balance outstanding at start of year

8,059

-

Amounts advanced

71,583

69,641

Amounts repaid

(73,763

)

(61,582

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,879

8,059