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Registered number: 08890079
A J Trendle Electrical Limited
Financial Statements
For The Year Ended 31 March 2025
Cavendish Accountants
Chartered Certified Accountants
CP House
Otterspool Way
Watford
Hertfordshire
WD25 8HR
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 08890079
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,866 15,240
33,866 15,240
CURRENT ASSETS
Debtors 5 122,032 110,279
Cash at bank and in hand 21,362 15,308
143,394 125,587
Creditors: Amounts Falling Due Within One Year 6 (91,482 ) (94,918 )
NET CURRENT ASSETS (LIABILITIES) 51,912 30,669
TOTAL ASSETS LESS CURRENT LIABILITIES 85,778 45,909
Creditors: Amounts Falling Due After More Than One Year 7 (27,659 ) (16,626 )
NET ASSETS 58,119 29,283
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 58,019 29,183
SHAREHOLDERS' FUNDS 58,119 29,283
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For the year ending 31 March 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 Income Statement.
On behalf of the board
Mr Russell Trendle
Director
21st August 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
A J Trendle Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08890079 . The registered office is CP House, Otterspool Way, Watford, WD25 8HR.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing Balance
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2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: )
3 -
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 37,611 - 3,068 40,679
Additions 22,968 318 146 23,432
As at 31 March 2025 60,579 318 3,214 64,111
Depreciation
As at 1 April 2024 23,024 - 2,415 25,439
Provided during the period 4,604 20 182 4,806
As at 31 March 2025 27,628 20 2,597 30,245
Net Book Value
As at 31 March 2025 32,951 298 617 33,866
As at 1 April 2024 14,587 - 653 15,240
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 82,715 66,728
Prepayments and accrued income 3,334 3,797
Other debtors (1) - 11,794
CIS Tax suffered 19,184 -
CIS Tax deductions made (8,062 ) -
Tax on overdrawn DCA 5,499 5,499
VAT 1,837 4,401
Directors' loan accounts 17,525 18,060
122,032 110,279
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,169 4,574
Trade creditors 48,432 61,668
Bank loans and overdrafts 2,000 2,000
Other creditors 7,967 5,554
Taxation and social security 23,914 21,122
91,482 94,918
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 25,992 12,959
Bank loans 1,667 3,667
27,659 16,626
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,169 4,574
Later than one year and not later than five years 25,992 12,959
35,161 17,533
35,161 17,533
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Russell Trendle 9,030 267 - - 8,762
Mrs Alexander Trendle 9,030 267 - - 8,762
The above loan is unsecured, and repayable on demand.
Interest has been charged at 2.5%
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