LYCOS ELECTRICAL SERVICES LTD

LYCOS ELECTRICAL SERVICES LTD
Contents Page
For the year ended 30 April 2025

Statement of financial position	1
Notes to the financial statements	2

LYCOS ELECTRICAL SERVICES LTD
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	9,766	3,339
		9,766	3,339
Current assets
Debtors		0	2,680
Cash at bank and in hand		1,542	1,129
		1,542	3,809
Creditors: amount falling due within one year		(14,224)	(6,303)
Net current assets		(12,682)	(2,494)

Total assets less current liabilities		(2,916)	845
Creditors: amount falling due after more than one year		(1,275)	0
Net assets		(4,191)	845

Capital and reserves
Called up share capital		1	1
Profit and loss account		(4,192)	844
Shareholders' funds		(4,191)	845

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 04 December 2025 and were signed by:

-------------------------------
Gabriel Cosmin Visan
Director

1

LYCOS ELECTRICAL SERVICES LTD
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

LYCOS ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in , registration number 12566843, registration address FLAT 8 ECLIPSE COURT, 1 BARNARD SQUARE IPSWICH, IP2 8FD.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

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

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 May 2024	7,800	7,800
Additions	8,495	8,495
Disposals	-	-
At 30 April 2025	16,295	16,295
Depreciation
At 01 May 2024	4,461	4,461
Charge for year	2,068	2,068
On disposals	-	-
At 30 April 2025	6,529	6,529
Net book values
Closing balance as at 30 April 2025	9,766	9,766
Opening balance as at 01 May 2024	3,339	3,339

The net book value of Plant and Machinery includes £ 9,766 (2024 £3,339) in respect of assets leased under finance leases or hire purchase contracts.

2

Registered Number: 12566843

LYCOS ELECTRICAL SERVICES LTD

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025