Sandbeck Electrical Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 1179522

SANDBECK ELECTRICAL LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 July 2025

SANDBECK ELECTRICAL LIMITED

STATEMENT OF FINANCIAL POSITION

31 July 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		51,779		213,427

CURRENT ASSETS

Stocks		11,569	47,301
Debtors	6	167,017	186,960
Cash at bank and in hand		626,281	280,681
		----------	----------
		804,867	514,942

CREDITORS: amounts falling due within one year	7	233,306		194,798
		----------		----------
NET CURRENT ASSETS			571,561		320,144
			----------		----------
TOTAL ASSETS LESS CURRENT LIABILITIES			623,340		533,571

PROVISIONS

Taxation including deferred tax	1,737	1,665
	----------	----------
NET ASSETS	621,603	531,906
	----------	----------

SANDBECK ELECTRICAL LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 July 2025

	2025		2024
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	621,503	531,806
	----------	----------
SHAREHOLDERS FUNDS	621,603	531,906
	----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 21 October 2025 , and are signed on behalf of the board by:

P E Casson

Director

Company registration number: 1179522

SANDBECK ELECTRICAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Granary Haggs Farm Business Park, Hagg Road, Harrogate, Noth Yorkshire, HG3 1EQ, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Plant & machinery	-	50% straight line
Fixtures & fittings	-	50% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. TANGIBLE ASSETS

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 August 2024	244,869	39,846	17,801	27,110	329,626
Additions	–	48,629	–	–	48,629
Disposals	( 244,869)	( 25,097)	( 17,608)	–	( 287,574)
	----------	---------	---------	---------	----------
At 31 July 2025	–	63,378	193	27,110	90,681
	----------	---------	---------	---------	----------
Depreciation
At 1 August 2024	38,540	38,566	16,962	22,131	116,199
Charge for the year	–	3,489	9	1,005	4,503
Disposals	( 38,540)	( 26,472)	( 16,788)	–	( 81,800)
	----------	---------	---------	---------	----------
At 31 July 2025	–	15,583	183	23,136	38,902
	----------	---------	---------	---------	----------
Carrying amount
At 31 July 2025	–	47,795	10	3,974	51,779
	----------	---------	---------	---------	----------
At 31 July 2024	206,329	1,280	839	4,979	213,427
	----------	---------	---------	---------	----------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	134,318	168,810
Other debtors	32,699	18,150
	----------	----------
	167,017	186,960
	----------	----------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	45,176	47,235
Corporation tax	43,868	36,971
Social security and other taxes	5,730	7,085
Other creditors	138,532	103,507
	----------	----------
	233,306	194,798
	----------	----------

8. OPERATING LEASES

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	8,250	–
Later than 1 year and not later than 5 years	14,940	–
	---------	----
	23,190	–
	---------	----

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the certain directors had unsecured and interest free loans from the company. At the beginning of the year there was a credit balance due to those directors of £72,757. Advances of £92,672 and repayments of £90,500 were made during the year and the maximum balance outstanding was £17,263. At the year-end there was a loan balance due to those directors of £72,585.