Whelband Electrical Services Limited

Registered number

06076997

Filleted Accounts

for the year ended

31 March 2025

Whelband Electrical Services Limited
Registered number:		06076997
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		10,237			13,506

Current assets
Stocks		485			850
Debtors	4	12,305			14,400
Cash at bank and in hand		6,227			9,764
		19,017			25,014

Creditors: amounts falling due within one year	5	(21,539)			(22,433)

Net current (liabilities)/assets			(2,522)			2,581

Total assets less current liabilities			7,715			16,087

Creditors: amounts falling due after more than one year	6		(500)			(3,500)



Net assets			7,215			12,587

Capital and reserves
Called up share capital			1			1
Profit and loss account			7,214			12,586

Shareholder's funds			7,215			12,587

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 member has 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.




L A Whelband
Director
Approved by the board on 27 November 2025

Whelband Electrical Services 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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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 machinery	15% reducing balance
	Computer equipment	33.3% reducing balance
	Motor vehicle	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. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, 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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	7,352		25,572		32,924
	At 31 March 2025	7,352		25,572		32,924

	Depreciation
	At 1 April 2024	5,683		13,735		19,418
	Charge for the year	310		2,959		3,269
	At 31 March 2025	5,993		16,694		22,687

	Net book value
	At 31 March 2025	1,359		8,878		10,237
	At 31 March 2024	1,669		11,837		13,506


4	Debtors			2025		2024
£					£

	Trade debtors			2,970		5,030
	Other debtors			9,335		9,370
				12,305		14,400


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

	Bank loans and overdrafts			3,000		3,000
	Trade creditors			1,049		1,774
	Corporation tax			6,237		4,836
	Other taxes and social security costs			(64)		(23)
	Other creditors			11,317		12,846
				21,539		22,433


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

	Bank loans			500		3,500


7	Other information

	Whelband Electrical Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Quorn Close
	Loughborough
	Leics
	LE11 2AW