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Company Registration No. 04641849 (England and Wales)
Wise Electrical Developments Limited Unaudited accounts for the year ended 31 March 2025
Wise Electrical Developments Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Wise Electrical Developments Limited Company Information for the year ended 31 March 2025
Directors
Mrs A Admans Mr T Admans Mr G Savell Mrs M Savell
Company Number
04641849 (England and Wales)
Registered Office
31 Woodhurst Drive Denham Green Uxbridge Middlesex UB9 5LL
Accountants
'Evolve Accounting and Tax Solutions Ltd' Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Wise Electrical Developments Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
62,858
55,549
Current assets
Inventories
15,000
8,000
Debtors
5
72,400
162,832
Cash at bank and in hand
184,111
170,791
271,511
341,623
Creditors: amounts falling due within one year
6
(124,602)
(140,608)
Net current assets
146,909
201,015
Total assets less current liabilities
209,767
256,564
Provisions for liabilities
Deferred tax
(10,521)
(10,521)
Net assets
199,246
246,043
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
198,246
245,043
Shareholders' funds
199,246
246,043
For the year ending 31 March 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 4 November 2025 and were signed on its behalf by
Mrs A Admans Director Company Registration No. 04641849
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Wise Electrical Developments Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Wise Electrical Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 04641849. The registered office is 31 Woodhurst Drive, Denham Green, Uxbridge, Middlesex, UB9 5LL.
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
21% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
33,617
110,047
2,509
146,173
Additions
2,679
22,505
-
25,184
At 31 March 2025
36,296
132,552
2,509
171,357
Depreciation
At 1 April 2024
28,864
60,656
1,104
90,624
Charge for the year
1,619
15,629
627
17,875
At 31 March 2025
30,483
76,285
1,731
108,499
Net book value
At 31 March 2025
5,813
56,267
778
62,858
At 31 March 2024
4,753
49,391
1,405
55,549
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
69,102
159,027
Other debtors
3,298
3,805
72,400
162,832
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Wise Electrical Developments Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
58,857
46,521
Trade creditors
8,000
13,817
Taxes and social security
38,558
52,665
Other creditors
16,087
24,605
Accruals
3,100
3,000
124,602
140,608
7
Transactions with related parties
During the year each of the directors received dividends of £36,995 (2024: 36,580).
8
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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