Industrial Robotics and Electrical Servi - Accounts to registrar (filleted)

REGISTERED NUMBER: 03829525 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INDUSTRIAL ROBOTICS AND ELECTRICAL

SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Casey

Mrs J C Casey

SECRETARY:

Mrs J C Casey

REGISTERED OFFICE:

36 Launton Close

Luton

Bedfordshire

LU3 4BF

REGISTERED NUMBER:

03829525 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

28,654

472

CURRENT ASSETS

Stocks

5

264,009

188,010

Debtors

6

23,367

66,821

Cash at bank

25,598

188,530

312,974

443,361

CREDITORS

Amounts falling due within one year

7

119,454

139,279

NET CURRENT ASSETS

193,520

304,082

TOTAL ASSETS LESS CURRENT
LIABILITIES

222,174

304,554

CREDITORS

Amounts falling due after more than one
year

8

-

15,000

NET ASSETS

222,174

289,554

CAPITAL AND RESERVES

Called up share capital

9

104

Retained earnings

222,070

289,450

SHAREHOLDERS' FUNDS

222,174

289,554

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 December 2025 and were signed on its behalf by:

P J Casey - Director

Mrs J C Casey - Director

1.	STATUTORY INFORMATION

Industrial Robotics and Electrical 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.

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 represents net invoiced sales of goods and work done, excluding value added tax.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Computer equipment

-

25% on cost

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme, solely on behalf of the director's who held office during the year. Contributions payable for the period are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2024

35,500

29,979

65,479

Additions

30,845

580

31,425

Disposals

(35,500

)

-

(35,500

)

At 31 March 2025

30,845

30,559

61,404

DEPRECIATION

At 1 April 2024

35,500

29,507

65,007

Charge for year

3,085

158

3,243

Eliminated on disposal

(35,500

)

-

(35,500

)

At 31 March 2025

3,085

29,665

32,750

NET BOOK VALUE

At 31 March 2025

27,760

894

28,654

At 31 March 2024

-

472

5.

STOCKS

31.3.25

31.3.24

£

Stocks and work in progress

264,009

188,010

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

8,881

38,525

Other debtors

-

21,408

VAT

2,324

-

Deferred tax asset

12,162

6,888

23,367

66,821

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

-

11,111

Trade creditors

1,981

-

VAT

-

18,616

Directors loan accounts

112,558

106,846

Sundry creditors and accruals

4,915

2,706

119,454

139,279

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

-

15,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

2

'A' Ordinary

£1

2

'B' Ordinary

£1

2

104