REGISTERED NUMBER: 12396128 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Electrical Trade Skills Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J K Timana

REGISTERED OFFICE:

c/o Locke Williams Associates LLP

Studio 2

50-54 St Pauls Square

Birmingham

B3 1QS

REGISTERED NUMBER:

12396128 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

Studio 2

50-54 St Pauls Square

Birmingham

West Midlands

B3 1QS

FIXED ASSETS

Tangible assets

4

69,154

73,938

CURRENT ASSETS

Debtors

5

74,869

73,632

Cash at bank

-

63

74,869

73,695

CREDITORS

Amounts falling due within one year

6

152,595

94,491

NET CURRENT LIABILITIES

(77,726

)

(20,796

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,572

)

53,142

CREDITORS

Amounts falling due after more than one year

7

30,244

35,752

NET (LIABILITIES)/ASSETS

(38,816

)

17,390

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(38,916

)

17,290

SHAREHOLDERS' FUNDS

(38,816

)

17,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

J K Timana - Director

1.	STATUTORY INFORMATION

Electrical Trade Skills 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.

Going concern

There was a net deficiency of assets at the balance sheet date, however the director has provided assurances of continued support to the company, through the provision of their loan to the company.

These loans will not be repaid to the director ahead of other third party liabilities, until such time as the company has surplus operating cash flow available to do so.

On the reliance of this support, the financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

33% on cost, 25% on reducing balance and 5% on cost

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Creditors which are debt instrument, such as loans and finance leases, are subsequently carried at amortised cost, using th effective interest rate method.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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.

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 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

83,175

DEPRECIATION

At 1 February 2024

9,237

Charge for year

4,784

At 31 January 2025

14,021

NET BOOK VALUE

At 31 January 2025

69,154

At 31 January 2024

73,938

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Amounts owed by participating interests

73,961

71,061

Other debtors

908

2,571

74,869

73,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

15,406

4,499

Amounts owed to participating interests

74,140

28,288

Taxation and social security

-

1,283

Other creditors

63,049

60,421

152,595

94,491

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

30,244

35,752

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,963

15,592

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary shares

£1

100

100