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Company Registration No. 11455806 (England and Wales)
COPPER WIRE ELECTRICS LTD Unaudited accounts for the year ended 31 July 2025
COPPER WIRE ELECTRICS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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COPPER WIRE ELECTRICS LTD Company Information for the year ended 31 July 2025
Directors
Ian Hennings Donna Mead
Company Number
11455806 (England and Wales)
Registered Office
Woodcocks Eye Venton Plymouth Devon PL7 5DT England
Accountants
Tanners Tax Accountants Steward House 14 Commercial Way Woking Surrey GU21 6ET
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COPPER WIRE ELECTRICS LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,701
10,268
Current assets
Debtors
5
1,050
7,968
Cash at bank and in hand
11,236
10,758
12,286
18,726
Creditors: amounts falling due within one year
6
(15,093)
(22,949)
Net current liabilities
(2,807)
(4,223)
Net assets
4,894
6,045
Capital and reserves
Called up share capital
7
2,500
2,500
Profit and loss account
2,394
3,545
Shareholders' funds
4,894
6,045
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by
Ian Hennings Director Company Registration No. 11455806
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COPPER WIRE ELECTRICS LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
COPPER WIRE ELECTRICS LTD is a private company, limited by shares, registered in England and Wales, registration number 11455806. The registered office is Woodcocks Eye, Venton, Plymouth, Devon, PL7 5DT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
24,795
1,619
26,414
At 31 July 2025
24,795
1,619
26,414
Depreciation
At 1 August 2024
14,527
1,619
16,146
Charge for the year
2,567
-
2,567
At 31 July 2025
17,094
1,619
18,713
Net book value
At 31 July 2025
7,701
-
7,701
At 31 July 2024
10,268
-
10,268
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COPPER WIRE ELECTRICS LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,050
7,968
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
91
1,178
Taxes and social security
4,872
7,223
Loans from directors
8,816
13,234
Accruals
1,314
1,314
15,093
22,949
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2,500 Ordinary shares of £1 each
2,500
2,500
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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