REGISTERED NUMBER: 04882668 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

CER Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C E Ryder

Mrs L Ryder

SECRETARY:

Mrs L Ryder

REGISTERED OFFICE:

Cockersdale Works

Whitehall Road

Drighlington

Bradford

West Yorkshire

BD11 1NQ

REGISTERED NUMBER:

04882668 (England and Wales)

ACCOUNTANTS:

Frank W Dobby & Co Limited

Chartered Certified Accountants

55 Fountain Street

Morley

Leeds

West Yorkshire

LS27 0AA

FIXED ASSETS

Intangible assets

4

4,255

4,863

Tangible assets

5

467,254

394,603

471,509

399,466

CURRENT ASSETS

Stocks

1,570

1,610

Debtors

6

1,354,238

1,658,874

Cash at bank

1,321,410

632,049

2,677,218

2,292,533

CREDITORS

Amounts falling due within one year

7

2,611,174

2,176,911

NET CURRENT ASSETS

66,044

115,622

TOTAL ASSETS LESS CURRENT LIABILITIES

537,553

515,088

PROVISIONS FOR LIABILITIES

109,325

89,950

NET ASSETS

428,228

425,138

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

428,128

425,038

SHAREHOLDERS' FUNDS

428,228

425,138

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

C E Ryder - Director

Mrs L Ryder - Director

1.	STATUTORY INFORMATION

CER Electrical 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 presentation currency of the financial statements is the Pound Sterling (£).

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 represents amounts receivable under contracts, net of value added tax.

Revenue from the sale of goods is recognised when goods are delivered and legal title passes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Stocks

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write down or loss occurs. The amount of any reversal of any write down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Taxation

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

Stocks and work in progress

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

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2023

and 31 August 2024

6,079

AMORTISATION

At 1 September 2023

1,216

Charge for year

608

At 31 August 2024

1,824

NET BOOK VALUE

At 31 August 2024

4,255

At 31 August 2023

4,863

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2023

127,039

16,068

550,013

52,008

745,128

Additions

119,724

23,901

48,084

11,209

202,918

Disposals

-

-

(72,113

)

-

(72,113

)

At 31 August 2024

246,763

39,969

525,984

63,217

875,933

DEPRECIATION

At 1 September 2023

86,334

11,421

208,836

43,934

350,525

Charge for year

15,140

2,749

82,972

8,096

108,957

Eliminated on disposal

-

-

(50,803

)

-

(50,803

)

At 31 August 2024

101,474

14,170

241,005

52,030

408,679

NET BOOK VALUE

At 31 August 2024

145,289

25,799

284,979

11,187

467,254

At 31 August 2023

40,705

4,647

341,177

8,074

394,603

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade debtors

447,091

1,105,964

Amounts recoverable on contract

605,726

464,509

Other debtors

301,421

88,401

1,354,238

1,658,874

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade creditors

1,088,448

558,062

Amounts owed to group undertakings

949,487

1,499,487

Taxation and social security

508,349

83,284

Other creditors

64,890

36,078

2,611,174

2,176,911

8.	SECURED DEBTS

The company's overdraft facility is secured in full, with personal guarantees provided by the directors Mr C and Mrs L Ryder, which are limited to the extent of the maximum facility provided.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors provided an interest free loan to the company.

Amount due to the related party as at 31st August 2024 was £1,770 and in 2023 the balance due to the related party was £992.