REGISTERED NUMBER: 04207250 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Aveland Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

Mr J M Palmer

SECRETARY:

Mrs S Palmer

REGISTERED OFFICE:

5a Carre Street

Sleaford

Lincolnshire

NG34 7TW

REGISTERED NUMBER:

04207250 (England and Wales)

ACCOUNTANTS:

Prestige Accounting Limited T/A Simon Moss & Co

The Finance Centre

34a Southgate

Sleaford

Lincolnshire

NG34 7RY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

67,437

72,531

Investment property

6

60,824

60,824

128,261

133,355

CURRENT ASSETS

Stocks

130,000

175,000

Debtors

7

494,209

406,840

Cash at bank and in hand

259,419

239,966

883,628

821,806

CREDITORS

Amounts falling due within one year

8

204,742

137,399

NET CURRENT ASSETS

678,886

684,407

TOTAL ASSETS LESS CURRENT LIABILITIES

807,147

817,762

CREDITORS

Amounts falling due after more than one year

9

(124,864

)

(167,303

)

PROVISIONS FOR LIABILITIES

(4,340

)

(5,309

)

NET ASSETS

677,943

645,150

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

677,933

645,140

SHAREHOLDERS' FUNDS

677,943

645,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2026 and were signed by:

Mr J M Palmer - Director

1.	STATUTORY INFORMATION

Aveland Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

20,000

AMORTISATION

At 1 August 2024

and 31 July 2025

20,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

60,825

38,924

87,521

187,270

Additions

-

4,221

-

4,221

At 31 July 2025

60,825

43,145

87,521

191,491

DEPRECIATION

At 1 August 2024

9,529

36,391

68,819

114,739

Charge for year

1,217

1,688

6,410

9,315

At 31 July 2025

10,746

38,079

75,229

124,054

NET BOOK VALUE

At 31 July 2025

50,079

5,066

12,292

67,437

At 31 July 2024

51,296

2,533

18,702

72,531

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

19,999

DEPRECIATION

At 1 August 2024

11,562

Charge for year

2,109

At 31 July 2025

13,671

NET BOOK VALUE

At 31 July 2025

6,328

At 31 July 2024

8,437

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

60,824

NET BOOK VALUE

At 31 July 2025

60,824

At 31 July 2024

60,824

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

186,269

114,612

Other debtors

307,940

292,228

494,209

406,840

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

43,241

43,241

Hire purchase contracts

-

5,000

Trade creditors

100,352

62,016

Taxation and social security

59,604

25,597

Other creditors

1,545

1,545

204,742

137,399

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

124,864

166,887

Hire purchase contracts

-

416

124,864

167,303

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

36,902

39,684

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

168,105

210,128

Hire purchase contracts

-

5,416

168,105

215,544

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

Mr J M Palmer

Balance outstanding at start of year

150,074

151,216

Amounts advanced

37,087

250

Amounts repaid

(1,392

)

(1,392

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

185,769

150,074

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2025 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Prestige Accounting Limited T/A Simon Moss & Co

The Finance Centre

34a Southgate

Sleaford

Lincolnshire

NG34 7RY

16 April 2026