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Company Registration No. 12726886 (England and Wales)
Better Electrical Services Ltd Unaudited accounts for the year ended 31 July 2025
Better Electrical Services Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
140,556
57,053
Current assets
Debtors
5
94,228
114,135
Cash at bank and in hand
932,691
747,332
1,026,919
861,467
Creditors: amounts falling due within one year
6
(73,487)
(48,725)
Net current assets
953,432
812,742
Net assets
1,093,988
869,795
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
1,093,987
869,794
Shareholders' funds
1,093,988
869,795
For the year ending 31 July 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 13 April 2026 and were signed on its behalf by
Louis Martin Director Company Registration No. 12726886
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Better Electrical Services Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Better Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12726886. The registered office is Sopers House, Sopers Road, Cuffley, EN6 4RY, 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.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
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% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
1,124
82,897
1,820
85,841
Additions
-
124,254
-
124,254
Disposals
-
(8,700)
-
(8,700)
At 31 July 2025
1,124
198,451
1,820
201,395
Depreciation
At 1 August 2024
908
26,539
1,341
28,788
Charge for the year
54
35,009
120
35,183
On disposals
-
(3,132)
-
(3,132)
At 31 July 2025
962
58,416
1,461
60,839
Net book value
At 31 July 2025
162
140,035
359
140,556
At 31 July 2024
216
56,358
479
57,053
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Better Electrical Services Ltd Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
21,070
20,056
Amounts due from group undertakings etc.
55,078
75,999
Other debtors
18,080
18,080
94,228
114,135
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
7,239
14,252
Taxes and social security
66,236
34,461
Loans from directors
12
12
73,487
48,725
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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