REGISTERED NUMBER: 04723629 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

AB Electrical Services (Hull) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Smith

S Ladley

J W Smith

SECRETARY:

Mrs A Smith

REGISTERED OFFICE:

Unit 2B Station Mills

Station Road

Cottingham

East Yorkshire

HU16 4LL

REGISTERED NUMBER:

04723629 (England and Wales)

FIXED ASSETS

Tangible assets

4

83,890

74,031

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

253,261

260,250

Cash at bank and in hand

320,877

385,889

575,138

647,139

CREDITORS

Amounts falling due within one year

6

169,028

246,661

NET CURRENT ASSETS

406,110

400,478

TOTAL ASSETS LESS CURRENT LIABILITIES

490,000

474,509

CREDITORS

Amounts falling due after more than one year

7

-

(1,945

)

PROVISIONS FOR LIABILITIES

(20,972

)

(18,508

)

NET ASSETS

469,028

454,056

CAPITAL AND RESERVES

Called up share capital

100

102

Share premium

15,999

15,999

Retained earnings

452,929

437,955

469,028

454,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

A M Smith - Director

1.	STATUTORY INFORMATION

AB Electrical Services (Hull) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 services and goods, excluding value added tax.

Revenue Recognition

Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost and 15% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost is calculated at an average cost basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

172,272

Additions

70,207

Disposals

(26,307

)

At 30 April 2025

216,172

DEPRECIATION

At 1 May 2024

98,241

Charge for year

34,041

At 30 April 2025

132,282

NET BOOK VALUE

At 30 April 2025

83,890

At 30 April 2024

74,031

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

50,228

DEPRECIATION

At 1 May 2024

24,107

Charge for year

12,557

At 30 April 2025

36,664

NET BOOK VALUE

At 30 April 2025

13,564

At 30 April 2024

26,121

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

239,244

254,192

Other debtors

14,017

6,058

253,261

260,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts (see note 8)

-

6,681

Trade creditors

87,065

134,338

Taxation and social security

48,304

63,295

Other creditors

33,659

42,347

169,028

246,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts (see note 8)

-

1,945

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.25

30.4.24

£

£

Net obligations repayable:

Within one year

-

6,681

Between one and five years

-

1,945

-

8,626

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Hire purchase contracts

-

8,626

The hire purchase is secured on the asset to which is relates.