RWD Electrical Limited - Filleted accounts

Registered number

06031004

RWD Electrical Limited

Unaudited Filleted Accounts

31 March 2025

RWD Electrical Limited
Registered number:		06031004
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		31,616			42,027

Current assets
Debtors	4	14,836			5,224
Cash at bank and in hand		22			4
		14,858			5,228

Creditors: amounts falling due within one year	5	(24,699)			(17,334)

Net current liabilities			(9,841)			(12,106)

Total assets less current liabilities			21,775			29,921

Creditors: amounts falling due after more than one year	6		(21,613)			(24,887)



Net assets			162			5,034

Capital and reserves
Called up share capital			100			100
Profit and loss account			62			4,934

Shareholders' funds			162			5,034

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Denman
Director
Approved by the board on 8 December 2025

RWD Electrical Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and equipment			25% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. No provision for deferred tax has been made since the director is of the opinion that no liability will crystallise in the foreseeable future.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Plant and equipment		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			5,889		39,500		45,389
	Additions			127		-		127
	At 31 March 2025			6,016		39,500		45,516

	Depreciation
	At 1 April 2024			2,539		823		3,362
	Charge for the year			869		9,669		10,538
	At 31 March 2025			3,408		10,492		13,900

	Net book value
	At 31 March 2025			2,608		29,008		31,616
	At 31 March 2024			3,350		38,677		42,027


4	Debtors					2025		2024
£							£

	Trade debtors					2,661		3,972
	Other debtors					12,175		1,252
						14,836		5,224


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					2,706		4,190
	Obligations under finance lease and hire purchase contracts					3,571		3,571
	Trade creditors					3,845		3,261
	Taxation and social security costs					13,337		5,035
	Other creditors					1,240		1,277
						24,699		17,334


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					21,613		24,887


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr R Denman
	Repayable on demand	-		12,175		-		12,175

		-		12,175		-		12,175


8	Other information

	RWD Electrical Limited is a private company limited by shares and incorporated in England. Its registered office is:
	16 Greensand Meadow
	Sutton Valence
	ME17 3FP