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Company Registration No. 10881882 (England and Wales)
Ara Electrical Ltd Unaudited accounts for the year ended 31 March 2025
Ara Electrical Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ara Electrical Ltd Company Information for the year ended 31 March 2025
Director
Kaify Koshnaw
Company Number
10881882 (England and Wales)
Registered Office
164 New Cavendish Street London W1W 6YT United Kingdom
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Ara Electrical Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
17,650
Current assets
Debtors
5
64,749
62,425
Cash at bank and in hand
3,703
8,949
68,452
71,374
Creditors: amounts falling due within one year
6
(43,512)
(65,082)
Net current assets
24,940
6,292
Net assets
24,940
23,942
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
24,939
23,941
Shareholders' funds
24,940
23,942
For the year ending 31 March 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.
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 31 March 2026 and were signed on its behalf by
Kaify Koshnaw Director Company Registration No. 10881882
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Ara Electrical Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Ara Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 10881882. The registered office is 164, New Cavendish Street, London, W1W 6YT, United Kingdom.
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
25% on costs
Motor vehicles
20% on costs
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
5,949
25,507
31,456
Disposals
-
(25,507)
(25,507)
At 31 March 2025
5,949
-
5,949
Depreciation
At 1 April 2024
5,204
8,602
13,806
Charge for the year
745
-
745
On disposals
-
(8,602)
(8,602)
At 31 March 2025
5,949
-
5,949
Net book value
At 31 March 2025
-
-
-
At 31 March 2024
745
16,905
17,650
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Ara Electrical Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
145
Trade debtors
1,730
-
Accrued income and prepayments
936
1,307
Other debtors
62,083
60,973
64,749
62,425
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
266
-
Taxes and social security
5,072
7,861
Other creditors
19,085
17,915
Loans from directors
11,889
33,306
Accruals
7,200
6,000
43,512
65,082
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
During the period interim dividends of £0 (2024: £1,000) were paid to Mr K Koshnaw. Included in the other creditors is an amount of £11,889 (2024: £33,306) owed to Mr K Koshnaw, a sole director and 100% shareholder of the company.
9
Average number of employees
During the year the average number of employees was 1 (2024: 4).
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