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Company Registration No. 10707191 (England and Wales)
GALAXY ELECTRICAL LTD Unaudited accounts for the year ended 30 April 2025
GALAXY ELECTRICAL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GALAXY ELECTRICAL LTD Company Information for the year ended 30 April 2025
Director
Syed Abdul Hai Rizvi
Company Number
10707191 (England and Wales)
Registered Office
94 LONG LANE CROYDON CR0 7AP ENGLAND
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GALAXY ELECTRICAL LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,361
8,976
Current assets
Debtors
10,418
10,418
Cash at bank and in hand
11,754
2,511
22,172
12,929
Creditors: amounts falling due within one year
(17,166)
(16,392)
Net current assets/(liabilities)
5,006
(3,463)
Net assets
12,367
5,513
Capital and reserves
Called up share capital
5
1
1
Profit and loss account
12,366
5,512
Shareholders' funds
12,367
5,513
For the year ending 30 April 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 15 January 2026 and were signed on its behalf by
Syed Abdul Hai Rizvi Director Company Registration No. 10707191
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GALAXY ELECTRICAL LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
GALAXY ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 10707191. The registered office is 94 LONG LANE, CROYDON, CR0 7AP, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
18%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 May 2024
13,347
At 30 April 2025
13,347
Depreciation
At 1 May 2024
4,371
Charge for the year
1,615
At 30 April 2025
5,986
Net book value
At 30 April 2025
7,361
At 30 April 2024
8,976
5
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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GALAXY ELECTRICAL LTD Notes to the Accounts for the year ended 30 April 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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