2024-04-01 08642924 2025-03-31 08642924 2024-04-01 2025-03-31 08642924 2024-03-31 08642924 2023-04-01 2024-03-31 08642924 uk-core:WithinOneYear 2024-03-31 08642924 uk-core:WithinOneYear 2025-03-31 08642924 uk-core:AfterOneYear 2024-03-31 08642924 uk-core:AfterOneYear 2025-03-31 08642924 uk-core:ShareCapital 2025-03-31 08642924 uk-core:ShareCapital 2024-03-31 08642924 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 08642924 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08642924 uk-bus:Director1 2024-04-01 2025-03-31 08642924 uk-core:NetGoodwill 2024-04-01 2025-03-31 08642924 uk-core:PlantMachinery 2024-04-01 2025-03-31 08642924 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 08642924 uk-core:CommercialMotorVehicles 2024-03-31 08642924 uk-core:PlantMachinery 2024-03-31 08642924 uk-core:PlantMachinery 2025-03-31 08642924 uk-core:CommercialMotorVehicles 2025-03-31 08642924 uk-core:AfterOneYear uk-core:Secured 2025-03-31 08642924 uk-core:AfterOneYear uk-core:Secured 2024-03-31 iso4217:GBP xbrli:pure 08642924 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08642924 uk-bus:FRS102 2024-04-01 2025-03-31 08642924 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 08642924 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

Peter Sheppard Electrical Services Limited

Registered Number:08642924

For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements

2
For the year ended 31 March 2025
Peter Sheppard Electrical Services Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3

Registered Number :

08642924

As at 31 March 2025

Peter Sheppard Electrical Services Limited
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

-
3,702
2
-
3,702

Current assets

Inventories

12,200
-
3

Trade and other receivables

1,606
28,587
4
1,252

Cash and cash equivalents

4,100
32,687
15,058

Trade and other payables: amounts falling due within one
year

(16,626)
(26,242)
5
(1,568)
6,445
Net current assets

Total assets less current liabilities

6,445
2,134

Trade and other payables: amounts falling due after more
than one year

(17,355)
(6,444)
6
-
(702)

Provisions for liabilities

1
Net assets/liabilities
(15,923)

Capital and reserves

Called up share capital

100
100

Retained earnings

(99)
(16,023)
1
(15,923)
Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Peter Sheppard Director

These financial statements were approved and authorised for issue by the Board on 07 August 2025 and were signed by:

1 of 5
4

Registered Number :

08642924

For the year ended 31 March 2025
Peter Sheppard Electrical Services Limited
Statement of Financial Position Continued

The notes form part of these financial statements

2 of 5
5
For the year ended 31 March 2025
Peter Sheppard Electrical Services Limited
Notes to the Financial Statements
Statutory Information

Peter Sheppard Electrical Services Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 08642924.

Registered address:

Oak View
Forden
Welshpool
Powys
SY21 8NB

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 4 years.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% Reducing balance

25% Reducing balance

Motor vehicles
Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
6
For the year ended 31 March 2025
Peter Sheppard Electrical Services Limited
Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Motor vehicles

Plant and
machinery

£

£

£

Cost or
valuation

At 01 April 2024

41,447
36,774
4,673
(36,774)
(4,673)

Disposals

(41,447)

At 31 March 2025

-
-
-

Provision for depreciation and impairment

At 01 April 2024

37,745
33,481
4,264
Charge for year
926
824
102
(38,671)
(34,305)
(4,366)

On disposal

At 31 March 2025

-
-
-

At 31 March 2025

Net book value

-
-
-

At 31 March 2024

409
3,293
3,702

3. Inventories

2024
2025

£

£

Stocks

-
12,200

4. Trade and other receivables

2024
2025

£

£

Trade debtors

28,587
912

Other debtors

-
694
1,606
28,587

5. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

16,950
15,876

Taxation and social security

6,827
-

Other creditors

2,465
750
26,242
16,626
4 of 5
7
For the year ended 31 March 2025
Peter Sheppard Electrical Services Limited
Notes to the Financial Statements Continued

6. Trade and other payables: amounts falling due after more than one year

2024
2025

£

£

Bank loans and overdraft

2,864
7,864

Other creditors

3,580
9,491
6,444
17,355

7. Directors advances and guarantees

Directors' Loans total £3580

8. Guarantees and other financial commitments

Other financial commitments

Government Bounceback Loan balance is £2864

9. Average number of persons employed

During the year the average number of employees was 3 (2024 : 2)
5 of 5