| Page Electrical Limited |
|
| Report to the director on the preparation of the unaudited statutory accounts of Page Electrical Limited for the year ended 31 August 2025 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Page Electrical Limited for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| NG8 2BE |
|
| 14 October 2025 |
|
| Page Electrical Limited |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
11,253 |
|
28,394 |
|
39,647 |
|
Disposals |
(11,253) |
|
(28,394) |
|
(39,647) |
|
At 31 August 2025 |
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
9,270 |
|
12,422 |
|
21,692 |
|
On disposals |
(9,270) |
|
(12,422) |
|
(21,692) |
|
At 31 August 2025 |
- |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
- |
|
- |
|
- |
|
At 31 August 2024 |
1,983 |
|
15,972 |
|
17,955 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
10,441 |
|
Other debtors |
- |
|
500 |
|
|
|
|
|
|
- |
|
10,941 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other taxes and social security costs |
(134) |
|
1,634 |
|
Other creditors |
11,748 |
|
8,050 |
|
|
|
|
|
|
11,614 |
|
9,684 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Page Electrical Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
31 Birchwood Drive |
|
Ravenshead |
|
Nottingham |
|
NG15 9EE |