Electrafix Services Ltd iXBRL

Company Registration Number: 12066467

Electrafix Services Ltd

Unaudited Financial Statements

for the financial year ended 30 June 2025

Electrafix Services Ltd

Company Registration Number: 12066467

STATEMENT OF FINANCIAL POSITION

as at 30 June 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

8,015

914

─────────

Current Assets

Receivables

831

1,758

Cash and cash equivalents

5,398

29,549

─────────

6,229

31,307

─────────

Payables: amounts falling due within one year

(6,407)

(13,241)

─────────

Net Current (Liabilities)/Assets

(178)

18,066

─────────

Total Assets less Current Liabilities

7,837

18,980

Payables:

amounts falling due after more than one year

(15,343)

(13,207)

─────────

Net (Liabilities)/Assets

(7,506)

5,773

═════════

Capital and Reserves

Called up share capital

Retained earnings

(7,507)

5,772

─────────

Equity attributable to owners of the company

(7,506)

5,773

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 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.

Approved by the Director and authorised for issue on 24 November 2025



________________________________
Mr Dorian Colman
Director

Electrafix Services Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 June 2025

General Information

Electrafix Services Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 12066467. The registered office of the company is The Oast Emr Centre, New Road, East Malling, Kent, ME19 6BJ, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 30 June 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. Although the company’s statement of financial position shows net liabilities as at -?7,506, the directors have reviewed the company’s financial position, forecasts, and future plans and are satisfied that the going concern basis of preparation remains appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes relating to electrical installation services.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

20% Straight line

Motor vehicles

20% Reducing balance

Computer equipment

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).


4.	Dividends	2025	2024
		£	£
	Dividends on equity shares:

	- Interim paid	-	33,000
		═════════	═════════


5.	Property, plant and equipment
		Plant and	Motor	Computer	Total
		machinery	vehicles	equipment

		£	£	£	£
	Cost
	At 1 July 2024	2,824	-	1,582	4,406
	Additions	-	9,930	-	9,930
	Disposals	(166)	-	(1,582)	(1,748)
		─────────	─────────	─────────	─────────
	At 30 June 2025	2,658	9,930	-	12,588
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 July 2024	2,543	-	949	3,492
	Charge for the financial year	210	1,986	-	2,196
	On disposals	(166)	-	(949)	(1,115)
		─────────	─────────	─────────	─────────
	At 30 June 2025	2,587	1,986	-	4,573
		─────────	─────────	─────────	─────────
	Net book value
	At 30 June 2025	71	7,944	-	8,015
		═════════	═════════	═════════	═════════
	At 30 June 2024	281	-	633	914
		═════════	═════════	═════════	═════════


6.	Receivables	2025	2024
		£	£

	Other debtors	-	1,758
	Director's current account (Note 9)	831	-
		─────────	─────────
		831	1,758
		═════════	═════════


7.	Payables	2025	2024
	Amounts falling due within one year	£	£

	Loans	5,319	2,498
	Trade payables	418	82
	Taxation	79	10,185
	Other creditors	-	107
	Accruals	591	369
		─────────	─────────
		6,407	13,241
		═════════	═════════


8.	Payables	2025	2024
	Amounts falling due after more than one year	£	£

	Loans	15,343	13,207
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	5,319	2,498
	Repayable between two and five years	15,343	13,207
		─────────	─────────
		20,662	15,705
		═════════	═════════

Director's advances, credits and guarantees

During the financial year, the company made a loan to the Director. At the start of the year, the director was owed £107. The Director was loaned £3,328 and interest of £48 was charged on the loan. The Director repaid £2,437 to the company, leaving the total loan made to the Director amounting to £831 at 30 June 2025. The loan is included within other debtors due within one year.