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Company Registration No. 06706545 (England and Wales)
T L O Electrical Services Limited Unaudited accounts for the year ended 31 October 2025
T L O Electrical Services Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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T L O Electrical Services Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,711
12,002
Current assets
Inventories
3,031
11,781
Debtors
5
19,340
11,285
Cash at bank and in hand
820
-
23,191
23,066
Creditors: amounts falling due within one year
6
(32,333)
(34,091)
Net current liabilities
(9,142)
(11,025)
Net assets
569
977
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
567
975
Shareholders' funds
569
977
For the year ending 31 October 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 24 March 2026 and were signed on its behalf by
M Pegg Director Company Registration No. 06706545
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T L O Electrical Services Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
T L O Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06706545. The registered office is Reindeer Park Lodge, Kingsbury Road, Curdworth, Sutton Coldfield, West Midlands, B76 0DE, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% reducing balance
Fixtures & fittings
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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T L O Electrical Services Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
38,028
16,144
54,172
At 31 October 2025
38,028
16,144
54,172
Depreciation
At 1 November 2024
28,205
13,965
42,170
Charge for the year
1,964
327
2,291
At 31 October 2025
30,169
14,292
44,461
Net book value
At 31 October 2025
7,859
1,852
9,711
At 31 October 2024
9,823
2,179
12,002
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
187
3,162
Trade debtors
19,153
353
Other debtors
-
7,770
19,340
11,285
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
5,358
Trade creditors
-
3,871
Taxes and social security
1,046
698
Other creditors
9,427
8,873
Loans from directors
20,460
13,891
Accruals
1,400
1,400
32,333
34,091
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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