1 March 2025 v2026.15.1 micro_entity_frs_105_v1_1_3 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP079531982025-03-012026-02-28079531982026-02-28079531982025-02-2807953198core:WithinOneYear2026-02-2807953198core:WithinOneYear2025-02-2807953198core:AfterOneYear2026-02-2807953198core:AfterOneYear2025-02-2807953198bus:RegisteredOffice2025-03-012026-02-28079531982024-03-012025-02-2807953198bus:Director12025-03-012026-02-280795319812025-03-012026-02-2807953198countries:EnglandWales2025-03-012026-02-2807953198bus:AuditExemptWithAccountantsReport2025-03-012026-02-2807953198bus:PrivateLimitedCompanyLtd2025-03-012026-02-2807953198bus:Micro-entities2025-03-012026-02-2807953198bus:FullAccounts2025-03-012026-02-28
Company registration number:
07953198
Source Electrical Supplies Limited
Unaudited Filleted Financial Statements for the year ended
28 February 2026
Source Electrical Supplies Limited
Statement of Financial Position
28 February 2026
20262025
££
Fixed assets
2,200
 
2,934
 
   
Current assets
215,950
 
239,864
 
Prepayments and accrued income -  
1,259
 
Creditors: amounts falling due within one year
(251,021
 )
(235,436
 )
Net current (liabilities)/assets
(35,071
 )
5,687
 
Total assets less current liabilities
(32,871
 )
8,621
 
Creditors: amounts falling due after more than one year
(7,940
 )
(7,500
 )
Provisions for liabilities
(303
 )
(303
 )
Accruals and deferred income
(836
 )
(800
 )
Net (liabilities)/assets
(41,950
 )
18
 
   
Capital and reserves
(41,950
 )
18
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 3 Avondale Business Centre
,
Avondale Road
,
Fleet
,
Hampshire
,
GU51 3FL
, England.

2 Average number of employees

The average number of persons employed by the company during the year was
2
(2025:
3.00
).
For the year ending
28 February 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 April 2026
, and are signed on behalf of the board by:
S Pask
Director
Company registration number:
07953198