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Company Registration No. 14275637 (England and Wales)
Professional Practical Electrician Limited Unaudited accounts for the year ended 31 August 2025
Professional Practical Electrician Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Professional Practical Electrician Limited Company Information for the year ended 31 August 2025
Director
P H Marshall
Company Number
14275637 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX United Kingdom
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Professional Practical Electrician Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,000
6,000
Current assets
Inventories
258
241
Debtors
5
153
730
Cash at bank and in hand
4,147
4,679
4,558
5,650
Creditors: amounts falling due within one year
6
(12,318)
(8,492)
Net current liabilities
(7,760)
(2,842)
Total assets less current liabilities
(3,760)
3,158
Creditors: amounts falling due after more than one year
7
(1,804)
(3,968)
Provisions for liabilities
Deferred tax
(760)
(1,140)
Net liabilities
(6,324)
(1,950)
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
(6,325)
(1,951)
Shareholders' funds
(6,324)
(1,950)
For the year ending 31 August 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 21 April 2026 and were signed on its behalf by
P H Marshall Director Company Registration No. 14275637
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Professional Practical Electrician Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Professional Practical Electrician Limited is a private company, limited by shares, registered in England and Wales, registration number 14275637. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX, 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
20% per annum on cost
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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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Professional Practical Electrician Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 September 2024
10,000
At 31 August 2025
10,000
Depreciation
At 1 September 2024
4,000
Charge for the year
2,000
At 31 August 2025
6,000
Net book value
At 31 August 2025
4,000
At 31 August 2024
6,000
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
4,000
6,000
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
153
730
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
2,164
2,164
Trade creditors
3,395
2,414
Taxes and social security
5,312
3,031
Loans from directors
607
43
Deferred income
840
840
12,318
8,492
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
1,804
3,968
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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