Company Registration No. 10097676 (England and Wales)
Positive Electrics Trading Ltd
Unaudited accounts
for the year ended 31 July 2025
Positive Electrics Trading Ltd
Unaudited accounts
Contents
Positive Electrics Trading Ltd
Company Information
for the year ended 31 July 2025
Company Number
10097676 (England and Wales)
Registered Office
44 Flintson Avenue New Whittington
Chesterfield
S43 2DS
England
Accountants
D&K Accounting Ltd
Beehive Offices
Bawtry Hall
Bawtry
DN10 6JH
Positive Electrics Trading Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
51,671
30,287
Cash at bank and in hand
27,501
41,491
Creditors: amounts falling due within one year
(57,405)
(60,615)
Net current assets
37,347
22,666
Called up share capital
20
20
Profit and loss account
88,998
52,933
Shareholders' funds
89,018
52,953
For the year ending 31 July 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 October 2025 and were signed on its behalf by
James Cowie
Director
Company Registration No. 10097676
Positive Electrics Trading Ltd
Notes to the Accounts
for the year ended 31 July 2025
Positive Electrics Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 10097676. The registered office is 44 Flintson Avenue New Whittington, Chesterfield, S43 2DS, England.
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.
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
20% Straight Line Method
Motor vehicles
25% Reducing Balance Method
Computer equipment
33% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
3,261
73,338
556
77,155
Additions
-
30,265
-
30,265
At 31 July 2025
3,261
103,603
556
107,420
At 1 August 2024
3,261
43,208
399
46,868
Charge for the year
-
8,793
88
8,881
At 31 July 2025
3,261
52,001
487
55,749
At 31 July 2025
-
51,602
69
51,671
At 31 July 2024
-
30,130
157
30,287
Positive Electrics Trading Ltd
Notes to the Accounts
for the year ended 31 July 2025
Amounts falling due within one year
Trade debtors
15,833
10,372
Other debtors
51,418
31,418
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
14,471
15,737
Taxes and social security
7,384
4,860
Other creditors
2,506
2,798
Loans from directors
28,250
28,235
7
Average number of employees
During the year the average number of employees was 6 (2024: 6).