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Company Registration No. 11765867 (England and Wales)
ELECTRONETWORKS LTD Unaudited accounts for the year ended 31 January 2025
ELECTRONETWORKS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ELECTRONETWORKS LTD Company Information for the year ended 31 January 2025
Director
David Clare
Company Number
11765867 (England and Wales)
Registered Office
52 TALBOT ROAD SOUTH SHIELDS NE34 0QJ UNITED KINGDOM
Accountants
Scott Accountancy Services 119 Lanchester Avenue Gateshead Tyne & Wear NE9 7AN
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ELECTRONETWORKS LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
18,071 
16,656 
Current assets
Debtors
5
38,237 
21,442 
Cash at bank and in hand
39,101 
41,993 
77,338 
63,435 
Creditors: amounts falling due within one year
6
(15,545)
(16,086)
Net current assets
61,793 
47,349 
Total assets less current liabilities
79,864 
64,005 
Creditors: amounts falling due after more than one year
7
(2,241)
(5,380)
Net assets
77,623 
58,625 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
77,621 
58,623 
Shareholders' funds
77,623 
58,625 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 11 March 2025 and were signed on its behalf by
David Clare Director Company Registration No. 11765867
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ELECTRONETWORKS LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
ELECTRONETWORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 11765867. The registered office is 52 TALBOT ROAD, SOUTH SHIELDS, NE34 0QJ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
18,442 
1,500 
13,636 
33,578 
Additions
7,659 
- 
- 
7,659 
At 31 January 2025
26,101 
1,500 
13,636 
41,237 
Depreciation
At 1 February 2024
8,781 
833 
7,308 
16,922 
Charge for the year
2,598 
100 
3,546 
6,244 
At 31 January 2025
11,379 
933 
10,854 
23,166 
Net book value
At 31 January 2025
14,722 
567 
2,782 
18,071 
At 31 January 2024
9,661 
667 
6,328 
16,656 
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ELECTRONETWORKS LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,419 
3,384 
Accrued income and prepayments
18,818 
18,058 
38,237 
21,442 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,120 
3,120 
VAT
3,504 
2,705 
Taxes and social security
8,921 
10,261 
15,545 
16,086 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,241 
5,380 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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