Company Registration No. SC470477 (Scotland)
ANM Electrical Ltd
Unaudited accounts
for the year ended 31 March 2025
ANM Electrical Ltd
Unaudited accounts
Contents
ANM Electrical Ltd
Company Information
for the year ended 31 March 2025
Company Number
SC470477 (Scotland)
Registered Office
36b Longman Drive
Inverness
IV1 1SU
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
ANM Electrical Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
266,487
318,746
Inventories
101,778
42,039
Cash at bank and in hand
51,740
120,333
Creditors: amounts falling due within one year
(1,088,257)
(641,425)
Net current assets
247,700
234,767
Total assets less current liabilities
514,187
553,513
Creditors: amounts falling due after more than one year
(75,293)
(159,940)
Provisions for liabilities
Deferred tax
(65,432)
(56,076)
Net assets
373,462
337,497
Called up share capital
50
50
Profit and loss account
373,412
337,447
Shareholders' funds
373,462
337,497
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
A MacKay
Director
Company Registration No. SC470477
ANM Electrical Ltd
Notes to the Accounts
for the year ended 31 March 2025
ANM Electrical Ltd is a private company, limited by shares, registered in Scotland, registration number SC470477. The registered office is 36b Longman Drive, Inverness, IV1 1SU.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ANM Electrical Ltd
Notes to the Accounts
for the year ended 31 March 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Intangible fixed assets
Total
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Tangible fixed assets
Total
Charge for the year
56,818
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
229,504
256,921
ANM Electrical Ltd
Notes to the Accounts
for the year ended 31 March 2025
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Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
-
1,250
Later than one year and not later than five years
1,684
2,807
Included in other debtors is a loan to the director A MacKay and his spouse of £40,809 (2024 - In credit). This loan attracts interest at the statutory rate, is unsecured, and has no fixed terms of repayment.
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Average number of employees
During the year the average number of employees was 41 (2024: 40).