Company registration number 11533083 (England and Wales)
Wenham Electrical & Security Ltd
Unaudited financial statements
For the year ended 5 April 2025
Wenham Electrical & Security Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7
Wenham Electrical & Security Ltd
Statement of financial position
As at 5 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,937
7,943
Current assets
Stocks
2,250
4,000
Debtors
4
62,073
60,027
Cash at bank and in hand
40,102
19,259
104,425
83,286
Creditors: amounts falling due within one year
5
(66,904)
(78,183)
Net current assets
37,521
5,103
Total assets less current liabilities
43,458
13,046
Creditors: amounts falling due after more than one year
6
(1,820)
(4,939)
Provisions for liabilities
(1,128)
(2,020)
Net assets
40,510
6,087
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
40,410
5,987
Total equity
40,510
6,087
Wenham Electrical & Security Ltd
Statement of financial position (continued)
As at 5 April 2025
- 2 -

For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 19 November 2025
Mr C P Wenham
Director
Company registration number 11533083 (England and Wales)
Wenham Electrical & Security Ltd
Notes to the financial statements
For the year ended 5 April 2025
- 3 -
1
Accounting policies
Company information

Wenham Electrical & Security Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Victoria Court, Bank Square, Morley, Leeds, West Yorkshire, England, LS27 9SE.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
Over the length of the lease
Fixtures and fittings
33% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Wenham Electrical & Security Ltd
Notes to the financial statements (continued)
For the year ended 5 April 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Wenham Electrical & Security Ltd
Notes to the financial statements (continued)
For the year ended 5 April 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, loans from related companies,, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Wenham Electrical & Security Ltd
Notes to the financial statements (continued)
For the year ended 5 April 2025
1
Accounting policies
(Continued)
- 6 -

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
3
3
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 6 April 2024 and 5 April 2025
1,294
2,300
13,693
17,287
Depreciation and impairment
At 6 April 2024
1,294
2,059
5,991
9,344
Depreciation charged in the year
-
0
80
1,926
2,006
At 5 April 2025
1,294
2,139
7,917
11,350
Carrying amount
At 5 April 2025
-
0
161
5,776
5,937
At 5 April 2024
-
0
241
7,702
7,943
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
31,668
33,377
Other debtors
30,405
26,650
62,073
60,027
Wenham Electrical & Security Ltd
Notes to the financial statements (continued)
For the year ended 5 April 2025
- 7 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
2,902
Taxation and social security
26,830
11,763
Other creditors
40,074
63,518
66,904
78,183
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
1,820
4,939
2025-04-05 2024-04-06 false false false 19 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr C P Wenham Ms N Stocking 11533083 2024-04-06 2025-04-05 11533083 2025-04-05 11533083 2024-04-05 11533083 core:LeaseholdImprovements 2025-04-05 11533083 core:FurnitureFittings 2025-04-05 11533083 core:MotorVehicles 2025-04-05 11533083 core:LeaseholdImprovements 2024-04-05 11533083 core:FurnitureFittings 2024-04-05 11533083 core:MotorVehicles 2024-04-05 11533083 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-05 11533083 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 11533083 core:WithinOneYear 2025-04-05 11533083 core:WithinOneYear 2024-04-05 11533083 core:AfterOneYear 2025-04-05 11533083 core:AfterOneYear 2024-04-05 11533083 core:CurrentFinancialInstruments 2025-04-05 11533083 core:CurrentFinancialInstruments 2024-04-05 11533083 core:ShareCapital 2025-04-05 11533083 core:ShareCapital 2024-04-05 11533083 core:RetainedEarningsAccumulatedLosses 2025-04-05 11533083 core:RetainedEarningsAccumulatedLosses 2024-04-05 11533083 bus:Director1 2024-04-06 2025-04-05 11533083 core:LeaseholdImprovements 2024-04-06 2025-04-05 11533083 core:FurnitureFittings 2024-04-06 2025-04-05 11533083 core:MotorVehicles 2024-04-06 2025-04-05 11533083 2023-04-06 2024-04-05 11533083 core:LeaseholdImprovements 2024-04-05 11533083 core:FurnitureFittings 2024-04-05 11533083 core:MotorVehicles 2024-04-05 11533083 2024-04-05 11533083 core:Non-currentFinancialInstruments 2025-04-05 11533083 core:Non-currentFinancialInstruments 2024-04-05 11533083 bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 11533083 bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 11533083 bus:FRS102 2024-04-06 2025-04-05 11533083 bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 11533083 bus:CompanySecretary1 2024-04-06 2025-04-05 11533083 bus:FullAccounts 2024-04-06 2025-04-05 xbrli:pure xbrli:shares iso4217:GBP