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Company Registration No. 11132149 (England and Wales)
Coulter Electrical Ltd Unaudited accounts for the year ended 31 January 2025
Coulter Electrical Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Coulter Electrical Ltd Company Information for the year ended 31 January 2025
Director
James Coulter
Company Number
11132149 (England and Wales)
Registered Office
216 London Road Bognor Regis West Sussex PO21 1AX
Accountants
Horn & Co. Accountants Limited 6 Weyhill Close Portchester Fareham Hampshire PO16 8EL
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Coulter Electrical Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Coulter Electrical Ltd for the year ended 31 January 2025 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Horn & Co. Accountants Limited Chartered Certified Accountants 6 Weyhill Close Portchester Fareham Hampshire PO16 8EL 31 October 2025
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Coulter Electrical Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
3
10,053
12,888
Current assets
Inventories
3,000
3,000
Debtors
68,265
45,329
Cash at bank and in hand
8,966
15,424
80,231
63,753
Creditors: amounts falling due within one year
(36,911)
(34,667)
Net current assets
43,320
29,086
Total assets less current liabilities
53,373
41,974
Creditors: amounts falling due after more than one year
(26,405)
(35,446)
Provisions for liabilities
Deferred tax
(1,599)
(2,069)
Net assets
25,369
4,459
Capital and reserves
Called up share capital
1
1
Profit and loss account
25,368
4,458
Shareholders' funds
25,369
4,459
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 October 2025 and were signed on its behalf by
James Coulter Director Company Registration No. 11132149
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Coulter Electrical Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Coulter Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11132149. The registered office is 216 London Road, Bognor Regis, West Sussex, PO21 1AX.
2
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
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.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Motor vehicles
20% reducing balance
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement. 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 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.
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Coulter Electrical Ltd Notes to the Accounts for the year ended 31 January 2025
3
Tangible fixed assets
Total
£
Cost or valuation
At 1 February 2024
25,374
At 31 January 2025
25,374
Depreciation
At 1 February 2024
12,486
Charge for the year
2,835
At 31 January 2025
15,321
Net book value
At 31 January 2025
10,053
At 31 January 2024
12,888
4
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
James Coulter
37,669
46,694
34,850
49,513
37,669
46,694
34,850
49,513
Interest has been charged on the loan using HMRC's official rates.
5
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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