AEF Electrical Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC448819

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,000		4,500
Tangible Assets	5		109,339		103,765

			113,339		108,265
CURRENT ASSETS
Debtors	6	27,449		21,367
Cash at bank and in hand		150,545		196,963

		177,994		218,330
Creditors: Amounts Falling Due Within One Year	7	(25,811 )		(55,351 )

NET CURRENT ASSETS (LIABILITIES)			152,183		162,979

TOTAL ASSETS LESS CURRENT LIABILITIES			265,522		271,244

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,965 )		(7,906 )

NET ASSETS			256,557		263,338

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			256,457		263,238

SHAREHOLDERS' FUNDS			256,557		263,338

Page 1

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AEF Electrical Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Norman

Director

02/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

AEF Electrical Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC448819 . The registered office is 7 Angle Park Terrace, Edinburgh, EH11 2JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% Reducing balance

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2024	10,000

As at 30 April 2025	10,000

Amortisation
As at 1 May 2024	5,500
Provided during the period	500

As at 30 April 2025	6,000

...CONTINUED

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AEF Electrical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Net Book Value
As at 30 April 2025	4,000

As at 1 May 2024	4,500

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 May 2024	62,155	8,006	98,817	1,065	170,043
Additions	-	276	21,820	-	22,096
Disposals	-	-	(10,990 )	-	(10,990 )

As at 30 April 2025	62,155	8,282	109,647	1,065	181,149

Depreciation
As at 1 May 2024	-	5,838	59,612	828	66,278
Provided during the period	-	611	15,050	36	15,697
Disposals	-	-	(10,165 )	-	(10,165 )

As at 30 April 2025	-	6,449	64,497	864	71,810

Net Book Value
As at 30 April 2025	62,155	1,833	45,150	201	109,339

As at 1 May 2024	62,155	2,168	39,205	237	103,765

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	27,449	21,367

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,946	27,229
Taxation and social security	23,865	28,122

	25,811	55,351

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

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AEF Electrical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

10. Ultimate Controlling Party

The company's ultimate controlling party is Mr David Norman by virtue of his ownership of 61% of the issued share capital in the company.