REGISTERED NUMBER: 07242892 (England and Wales)

ADVANCED ELECTRICAL SERVICES

YORK LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr P Buckland

Mr M Chipchase

REGISTERED OFFICE:

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

REGISTERED NUMBER:

07242892 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Tangible assets

4

64,081

61,194

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

105,432

55,820

Cash at bank

237,893

230,948

351,325

294,768

CREDITORS

Amounts falling due within one year

98,258

87,735

NET CURRENT ASSETS

253,067

207,033

TOTAL ASSETS LESS CURRENT LIABILITIES

317,148

268,227

PROVISIONS FOR LIABILITIES

16,020

15,298

NET ASSETS

301,128

252,929

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

301,028

252,829

SHAREHOLDERS' FUNDS

301,128

252,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by:

Mr P Buckland - Director

Mr M Chipchase - Director

1.	STATUTORY INFORMATION

Advanced Electrical Services York Ltd 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.

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 due for electrical work done, excluding value added tax.

In accordance with FRS 102 1A contracts entered into at the balance sheet date are accounted for as long-term contracts and reflected in turnover and cost of sales as contract activity progresses. Where it is considered that the outcome of a long-term contract can be assessed with reasonable certainty the prudently calculated attributable profit is recognised in turnover.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

114,441

Additions

21,355

Disposals

(7,150

)

At 30 April 2025

128,646

DEPRECIATION

At 1 May 2024

53,247

Charge for year

16,143

Eliminated on disposal

(4,825

)

At 30 April 2025

64,565

NET BOOK VALUE

At 30 April 2025

64,081

At 30 April 2024

61,194

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

as restated

£

£

Mr P Buckland

Balance outstanding at start of year

-

-

Amounts advanced

54,346

-

Amounts repaid

(54,346

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mr M Chipchase

Balance outstanding at start of year

-

-

Amounts advanced

34,067

-

Amounts repaid

(34,067

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

6.	RELATED PARTY DISCLOSURES

The shareholder loan of £4,093 (2024: £4,458) has been subject to interest charged at the standard HMRC rate.