REGISTERED NUMBER: 02506420 (England and Wales)

Electrical Rewind Services Limited

Unaudited Financial Statements for the Year Ended 31 July 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

G Cooper

Registered office:

Unit 1

3 Bessemer Road

Norwich

Norfolk

NR4 6DQ

Registered number:

02506420 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Tangible assets

4

43,871

31,582

Current assets

Stocks

44,242

43,287

Debtors

5

96,827

77,719

Investments

6

676

355

Cash at bank and in hand

127,108

88,243

268,853

209,604

Creditors

Amounts falling due within one year

7

126,575

85,392

Net current assets

142,278

124,212

Total assets less current liabilities

186,149

155,794

Provisions for liabilities

3,308

1,492

Net assets

182,841

154,302

Capital and reserves

Called up share capital

1,338

1,338

Capital redemption reserve

1,965

1,965

Retained earnings

179,538

150,999

182,841

154,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2025 and were signed by:

G Cooper - Director

1.	Statutory information

Electrical Rewind Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 August 2024

56,287

44,120

66,132

39,490

206,029

Additions

-

-

-

26,000

26,000

Disposals

-

-

-

(18,495

)

(18,495

)

At 31 July 2025

56,287

44,120

66,132

46,995

213,534

Depreciation

At 1 August 2024

35,971

42,238

60,947

35,291

174,447

Charge for year

1,126

1,402

1,784

9,399

13,711

Eliminated on disposal

-

-

-

(18,495

)

(18,495

)

At 31 July 2025

37,097

43,640

62,731

26,195

169,663

Net book value

At 31 July 2025

19,190

480

3,401

20,800

43,871

At 31 July 2024

20,316

1,882

5,185

4,199

31,582

5.

Debtors: amounts falling due within one year

31/7/25

31/7/24

£

£

Trade debtors

93,089

74,067

Other debtors

3,738

3,652

96,827

77,719

6.	Current asset investments

31/7/25

31/7/24

£

£

Listed investments

676

355

7.

Creditors: amounts falling due within one year

31/7/25

31/7/24

£

£

Trade creditors

80,826

38,261

Taxation and social security

26,475

27,949

Other creditors

19,274

19,182

126,575

85,392