IRIS Accounts Production v25.4.0.155 03757978 director 1.6.24 31.5.25 31.5.25 0 0 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03757978 2024-05-31 03757978 2025-05-31 03757978 2024-06-01 2025-05-31 03757978 2023-05-31 03757978 2023-06-01 2024-05-31 03757978 2024-05-31 03757978 ns15:EnglandWales 2024-06-01 2025-05-31 03757978 ns14:PoundSterling 2024-06-01 2025-05-31 03757978 ns10:Director1 2024-06-01 2025-05-31 03757978 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 03757978 ns10:SmallEntities 2024-06-01 2025-05-31 03757978 ns10:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 03757978 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 03757978 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 03757978 ns10:FullAccounts 2024-06-01 2025-05-31 03757978 1 2024-06-01 2025-05-31 03757978 ns10:CompanySecretary1 2024-06-01 2025-05-31 03757978 ns10:RegisteredOffice 2024-06-01 2025-05-31 03757978 ns5:CurrentFinancialInstruments 2025-05-31 03757978 ns5:CurrentFinancialInstruments 2024-05-31 03757978 ns5:ShareCapital 2025-05-31 03757978 ns5:ShareCapital 2024-05-31 03757978 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 03757978 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 03757978 ns5:NetGoodwill 2024-06-01 2025-05-31 03757978 ns5:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 03757978 ns5:PlantMachinery 2024-06-01 2025-05-31 03757978 ns5:MotorVehicles 2024-06-01 2025-05-31 03757978 ns5:ComputerEquipment 2024-06-01 2025-05-31 03757978 ns5:NetGoodwill 2024-05-31 03757978 ns5:NetGoodwill 2025-05-31 03757978 ns5:NetGoodwill 2024-05-31 03757978 ns5:PlantMachinery 2024-05-31 03757978 ns5:FurnitureFittings 2024-05-31 03757978 ns5:MotorVehicles 2024-05-31 03757978 ns5:ComputerEquipment 2024-05-31 03757978 ns5:FurnitureFittings 2024-06-01 2025-05-31 03757978 ns5:PlantMachinery 2025-05-31 03757978 ns5:FurnitureFittings 2025-05-31 03757978 ns5:MotorVehicles 2025-05-31 03757978 ns5:ComputerEquipment 2025-05-31 03757978 ns5:PlantMachinery 2024-05-31 03757978 ns5:FurnitureFittings 2024-05-31 03757978 ns5:MotorVehicles 2024-05-31 03757978 ns5:ComputerEquipment 2024-05-31 03757978 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 03757978 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31

REGISTERED NUMBER: 03757978 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Stockley Electrics Limited

| Stockley Electrics Limited (Registered number: 03757978) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Stockley Electrics Limited |

Company Information

for the Year Ended 31 May 2025

| DIRECTOR: | R P Dearne

| SECRETARY: |

| REGISTERED OFFICE: | 62 Grassholme

| Wilnecote

| Tamworth

| Staffordshire

| B77 4BZ

| REGISTERED NUMBER: | 03757978 (England and Wales)

| ACCOUNTANTS: | Vaughan Davies & Co (Accountants) Ltd

| Unit 1-3, Willow Park

| Upton Lane

| Stoke Golding

| Nuneaton

| Warwickshire

| CV13 6EU

| Stockley Electrics Limited (Registered number: 03757978) |

Balance Sheet

31 May 2025

| 31.5.25 | 31.5.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 6,571 |  | 1,229 |  |

6,571 |  | 1,229 |  |

CURRENT ASSETS

Stocks | 250 |  | 250 |  |

Debtors | 6 | 5,019 |  | 3,772 |  |

Cash at bank | 3,519 |  | 7,071 |  |

8,788 |  | 11,093 |  |

CREDITORS

Amounts falling due within one year | 7 | 8,272 |  | 6,744 |  |

NET CURRENT ASSETS | 516 |  | 4,349 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 7,087 |  | 5,578 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 6,987 |  | 5,478 |  |

7,087 |  | 5,578 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| Stockley Electrics Limited (Registered number: 03757978) |

Balance Sheet - continued

31 May 2025

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 July 2025 and were signed by:

R P Dearne - Director

| Stockley Electrics Limited (Registered number: 03757978) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Stockley Electrics 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| Stockley Electrics Limited (Registered number: 03757978) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| 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 NIL (2024 - NIL).

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 12,000 |  |

| AMORTISATION

| At 1 June 2024

| and 31 May 2025 | 12,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | - |  |

| At 31 May 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 June 2024 | 6,766 |  | 2,727 |  | 12,500 |  | 958 |  | 22,951 |  |

| Additions | - |  | - |  | 7,579 |  | - |  | 7,579 |  |

| At 31 May 2025 | 6,766 |  | 2,727 |  | 20,079 |  | 958 |  | 30,530 |  |

| DEPRECIATION

| At 1 June 2024 | 6,721 |  | 2,677 |  | 11,796 |  | 528 |  | 21,722 |  |

| Charge for year | 11 |  | 13 |  | 2,071 |  | 142 |  | 2,237 |  |

| At 31 May 2025 | 6,732 |  | 2,690 |  | 13,867 |  | 670 |  | 23,959 |  |

| NET BOOK VALUE

| At 31 May 2025 | 34 |  | 37 |  | 6,212 |  | 288 |  | 6,571 |  |

| At 31 May 2024 | 45 |  | 50 |  | 704 |  | 430 |  | 1,229 |  |

| Stockley Electrics Limited (Registered number: 03757978) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade debtors | 4,844 |  | 3,772 |  |

| Other debtors | 175 |  | - |  |

5,019 |  | 3,772 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade creditors | 4,109 |  | 2,534 |  |

| Taxation and social security | 3,136 |  | 3,062 |  |

| Other creditors | 1,027 |  | 1,148 |  |

8,272 |  | 6,744 |  |