Sell Electrical Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the director on the preparation of the unaudited statutory accounts of Sell Electrical Limited For The Year Ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Sell Electrical Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Sell Electrical Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Sell Electrical Limited and state those matters that we have agreed to state to the director of Sell Electrical Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sell Electrical Limited and its director as a body for our work or for this report.

It is your duty to ensure that Sell Electrical Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Sell Electrical Limited . You consider that Sell Electrical Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Sell Electrical Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

24 December 2025

Sherwin Currid Accountancy Limited

Chartered Certified Accountants

32 London Road

Guildford

Surrey

GU1 2AB

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Sell Electrical Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 07061710

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		39

			-		39
CURRENT ASSETS
Stocks	5	1,000		1,500
Debtors	6	64,858		54,830
Cash at bank and in hand		62,599		24,611

		128,457		80,941
Creditors: Amounts Falling Due Within One Year	7	(128,291 )		(151,841 )

NET CURRENT ASSETS (LIABILITIES)			166		(70,900 )

TOTAL ASSETS LESS CURRENT LIABILITIES			166		(70,861 )

Creditors: Amounts Falling Due After More Than One Year	8		-		(2,333 )

NET ASSETS/(LIABILITIES)			166		(73,194 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			66		(73,294 )

SHAREHOLDERS' FUNDS			166		(73,194)

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Sell Electrical Limited

Balance Sheet (continued)

As At 31 March 2025

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Sell

Director

24 December 2025

The notes on pages 4 to 7 form part of these financial statements.

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Sell Electrical Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Sell Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07061710 . The registered office is Unit 45 Bookham Industrial Estate, Bookham, Leatherhead, KT23 3EU.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight line
Fixtures & Fittings	25% reducing balance
Computer Equipment	33 Straight line

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Sell Electrical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.

Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between

the proceeds, net of transaction costs, and the amount due on redemption being recognised as a

charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest

payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer

settlement of the liability for at least twelve months after the reporting date.

2.8. Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

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Sell Electrical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	111,035	1,146	10,184	122,365

As at 31 March 2025	111,035	1,146	10,184	122,365

Depreciation
As at 1 April 2024	111,035	1,146	10,145	122,326
Provided during the period	-	-	39	39

As at 31 March 2025	111,035	1,146	10,184	122,365

Net Book Value
As at 31 March 2025	-	-	-	-

As at 1 April 2024	-	-	39	39

5. Stocks

	2025	2024
	£	£
Stock	1,000	1,500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	42,360	31,144
Amounts recoverable on contracts	11,778	-
Prepayments and accrued income	10,691	2,965
Other debtors	29	20,721

	64,858	54,830

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	22,488	26,201
Bank loans and overdrafts	15,418	3,600
Corporation tax	26,742	41,106
VAT	23,387	40,652
Other creditors	-	1,044
Pension Funds	846	1,053
PAYE payable	3,990	38,185

...CONTINUED

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Sell Electrical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Accruals and deferred income	210	-
Director's loan account	35,210	-

	128,291	151,841

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	2,333

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	36,000	36,000
Later than one year and not later than five years	144,000	144,000
Later than five years	141,000	177,000

	321,000	357,000

Operating lease payments relate to an office lease commitment for 10 years.

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