ELECTRICAL WORLD LIMITED

Company Registration Number:
NI601005 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

ELECTRICAL WORLD LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

ELECTRICAL WORLD LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 182,315 204,224
Total fixed assets: 182,315 204,224
Current assets
Stocks: 1,368,000 1,306,500
Debtors: 4 145,059 133,558
Cash at bank and in hand: 60,048 34,657
Total current assets: 1,573,107 1,474,715
Creditors: amounts falling due within one year:   (984,082) (1,037,972)
Net current assets (liabilities): 589,025 436,743
Total assets less current liabilities: 771,340 640,967
Creditors: amounts falling due after more than one year:   (383,841) (235,137)
Total net assets (liabilities): 387,499 405,830
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 387,399 405,730
Shareholders funds: 387,499 405,830

The notes form part of these financial statements

ELECTRICAL WORLD LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2025
and signed on behalf of the board by:

Name: John Coalter
Status: Director

The notes form part of these financial statements

ELECTRICAL WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered net of discounts and Value Added Tax Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer usually on despatch of the goods the amount of revenue can be measured reliably it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

ELECTRICAL WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 14 13

ELECTRICAL WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 409,452
Additions 3,361
At 31 March 2025 412,813
Depreciation
At 01 April 2024 205,228
Charge for year 25,270
At 31 March 2025 230,498
Net book value
At 31 March 2025 182,315
At 31 March 2024 204,224

ELECTRICAL WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0