A.A. Electrical Installations Services Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

1. General Information

A.A. Electrical Installations Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04825462 . The registered office is 54 Cherry Crescent, Brentford, Middlesex, TW8 8NN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Over 5 years
Motor Vehicles	Over 4 years

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

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A.A. Electrical Installations Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the statement of financial position date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the statement of financial position date.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.10. Provisions and Contingencies

Provisions

Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.

Contingencies

Contingent liabilities are not recognised. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company’s control. Contingent liabilities are disclosed in the financial statements unless the probability of an outflow of resources is remote.

Contingent assets are not recognised. Contingent assets are disclosed in the financial statements when an inflow of economic benefits is probable.

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A.A. Electrical Installations Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.11. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 August 2024	12,172	99,175	111,347

As at 31 July 2025	12,172	99,175	111,347

Depreciation
As at 1 August 2024	11,856	24,794	36,650
Provided during the period	316	24,794	25,110

As at 31 July 2025	12,172	49,588	61,760

Net Book Value
As at 31 July 2025	-	49,587	49,587

As at 1 August 2024	316	74,381	74,697

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	155,238	82,580
Prepayments and accrued income	1,383	1,005

	156,621	83,585

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A.A. Electrical Installations Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	6,642	13,261
Trade creditors	48,007	16,279
Corporation tax	35,793	53,206
PAYE And NIC	3,950	3,041
VAT	21,181	33,321
Pension liability	547	266
Accruals and deferred income	9,332	11,380
Directors' loan accounts	969	484

	126,421	131,238

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	48,420	55,409

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	6,642	13,261
Later than one year and not later than five years	48,420	55,409

	55,062	68,670

	55,062	68,670

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £239 (2022 - £250) were due to the fund.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		49,587		74,697

			49,587		74,697
CURRENT ASSETS
Debtors	5	156,621		83,585
Cash at bank and in hand		93,122		232,027

		249,743		315,612
Creditors: Amounts Falling Due Within One Year	6	(126,421 )		(131,238 )

NET CURRENT ASSETS (LIABILITIES)			123,322		184,374

TOTAL ASSETS LESS CURRENT LIABILITIES			172,909		259,071

Creditors: Amounts Falling Due After More Than One Year	7		(48,420 )		(55,409 )

NET ASSETS			124,489		203,662

CAPITAL AND RESERVES
Called up share capital	9		100		100
Income Statement			124,389		203,562

SHAREHOLDERS' FUNDS			124,489		203,662