Company Registration No. 08989973 (England and Wales)
Elm Electrical Limited
Unaudited accounts
for the year ended 30 April 2025
Elm Electrical Limited
Unaudited accounts
Contents
Elm Electrical Limited
Company Information
for the year ended 30 April 2025
Directors
Neil Marshall
Nicola King
Company Number
08989973 (England and Wales)
Registered Office
11 Chapel Lane
Arnold
Nottingham
Nottinghamshire
NG5 7DR
Accountants
Select Accountancy Ltd FFA/FIPA FFTA
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of Elm Electrical Limited (The Company) for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 April 2025 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 17 April 2025. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 30 April 2025.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Select Accountancy Ltd FFA/FIPA FFTA
Financial Accountants
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
3 November 2025
Elm Electrical Limited
Statement of financial position
as at 30 April 2025
Tangible assets
3,290
14,309
Cash at bank and in hand
33,070
25,938
Creditors: amounts falling due within one year
(19,114)
(29,694)
Net current assets
43,076
9,742
Called up share capital
100
100
Profit and loss account
46,266
23,951
Shareholders' funds
46,366
24,051
For the year ending 30 April 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 3 November 2025 and were signed on its behalf by
Neil Marshall
Director
Company Registration No. 08989973
Elm Electrical Limited
Notes to the Accounts
for the year ended 30 April 2025
Elm Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 08989973. The registered office is 11 Chapel Lane, Arnold, Nottingham, Nottinghamshire, NG5 7DR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
2,930
26,535
3,287
32,752
Disposals
-
(26,535)
-
(26,535)
At 30 April 2025
3,530
-
3,961
7,491
At 1 May 2024
1,327
15,340
1,776
18,443
Charge for the year
551
-
547
1,098
On disposals
-
(15,340)
-
(15,340)
At 30 April 2025
1,878
-
2,323
4,201
At 30 April 2025
1,652
-
1,638
3,290
At 30 April 2024
1,603
11,195
1,511
14,309
Elm Electrical Limited
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Accrued income and prepayments
1,326
329
Other debtors
19,960
12,529
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
14,986
4,726
Loans from directors
2,443
8,401
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).