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Company Registration No. 11290159 (England and Wales)
FT Electrical Services Ltd Unaudited accounts for the year ended 30 April 2025
FT Electrical Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FT Electrical Services Ltd Company Information for the year ended 30 April 2025
Directors
Steven Ferguson Thomas William Teesdale
Company Number
11290159 (England and Wales)
Registered Office
3C Laurel Way Bishop Auckland County Durham DL14 7NF ENGLAND
Accountants
Ellaleigh Book-keeping Services limited 5 Coronation Terrace Fir Tree Crook County Durham DL15 8BP
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FT Electrical Services Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
106,936
142,424
Current assets
Inventories
12,000
7,250
Debtors
425,562
479,474
Cash at bank and in hand
9
6,754
437,571
493,478
Creditors: amounts falling due within one year
(399,147)
(450,023)
Net current assets
38,424
43,455
Total assets less current liabilities
145,360
185,879
Creditors: amounts falling due after more than one year
(92,968)
(133,869)
Provisions for liabilities
Deferred tax
(16,242)
(21,626)
Net assets
36,150
30,384
Capital and reserves
Called up share capital
2
2
Profit and loss account
36,148
30,382
Shareholders' funds
36,150
30,384
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 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 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 of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by
Steven Ferguson Director Company Registration No. 11290159
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FT Electrical Services Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
FT Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11290159. The registered office is 3C Laurel Way, Bishop Auckland, County Durham, DL14 7NF, 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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation and is written off at a rate of 5 years on a straight line basis.
4
Intangible fixed assets
Total
£
Cost
At 1 May 2024
20,000
At 30 April 2025
20,000
Amortisation
At 1 May 2024
20,000
At 30 April 2025
20,000
Net book value
At 30 April 2025
-
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FT Electrical Services Ltd Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 May 2024
233,039
At 30 April 2025
233,039
Depreciation
At 1 May 2024
90,615
Charge for the year
35,488
At 30 April 2025
126,103
Net book value
At 30 April 2025
106,936
At 30 April 2024
142,424
6
Loans to directors
FT Electrical Services Ltd is owed £62,171 (2024 £112,787) by FT Properties (NE) Ltd. Mr S Ferguson and Mr T Teesdale are directors and shareholders in both. This amount is interest free and repayable on demand.
7
Average number of employees
During the year the average number of employees was 22 (2024: 18).
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