Company Registration No. 08106685 (England and Wales)
ELEC-TECH NETWORKS LIMITED
Unaudited accounts
for the year ended 31 March 2025
ELEC-TECH NETWORKS LIMITED
Unaudited accounts
Contents
ELEC-TECH NETWORKS LIMITED
Company Information
for the year ended 31 March 2025
Company Number
08106685 (England and Wales)
Registered Office
48 Beechcroft Road
Bushey
Watford
Herts
WD23 2JU
Accountants
Fielding Accountancy Services Ltd
48 Beechcroft Road
Bushey
Herts
WD23 2JU
ELEC-TECH NETWORKS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
87,598
80,799
Cash at bank and in hand
137
71,914
Creditors: amounts falling due within one year
(150,409)
(160,196)
Net current liabilities
(36,297)
(37,197)
Total assets less current liabilities
51,301
43,602
Creditors: amounts falling due after more than one year
(8,567)
(13,928)
Provisions for liabilities
Deferred tax
(21,901)
(20,201)
Called up share capital
100
100
Profit and loss account
20,733
9,373
Shareholders' funds
20,833
9,473
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 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 17 October 2025 and were signed on its behalf by
Mr Andrew Philip
Director
Company Registration No. 08106685
ELEC-TECH NETWORKS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
ELEC-TECH NETWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08106685. The registered office is 48 Beechcroft Road, Bushey, Watford, Herts, WD23 2JU.
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.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
10% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ELEC-TECH NETWORKS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
12,171
99,818
2,861
114,850
Additions
998
15,000
-
15,998
At 31 March 2025
13,169
114,818
2,861
130,848
At 1 April 2024
7,035
24,915
2,101
34,051
Charge for the year
845
8,240
114
9,199
At 31 March 2025
7,880
33,155
2,215
43,250
At 31 March 2025
5,289
81,663
646
87,598
At 31 March 2024
5,136
74,903
760
80,799
Amounts falling due within one year
Trade debtors
96,208
34,585
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,519
8,519
Obligations under finance leases and hire purchase contracts
3,204
4,477
Trade creditors
42,339
39,553
Taxes and social security
44,123
50,746
Other creditors
21,652
30,329
Loans from directors
30,572
26,572
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,209
510
Long Term creditors includes the Bounce Back Loan under the Government Job Retention Scheme of £13418.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
ELEC-TECH NETWORKS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
9
Transactions with related parties
Dividends paid during the year £25000 (2024 £10000) to the shareholder/director Mr A Philip.
Mr A Philip is also the sole shareholder and Director of Environmental Lighting Products Ltd. During the year Environmental Lighting Products Ltd invoiced Elec-Tech Networks Ltd the sum of £3900 in the normal course of trade.
10
Average number of employees
During the year the average number of employees was 6 (2024: 6).