Paul Smale Electrical Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09921582

Financial Statements for the Year Ended 31 March 2026

for

Paul Smale Electrical Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P W Smale

REGISTERED OFFICE:

72 The Broadway

Didcot

Oxfordshire

OX11 8AE

REGISTERED NUMBER:

09921582

ACCOUNTANTS:

K P Cox Accounting Ltd

20 Wynton Close

Didcot

Oxfordshire

OX11 6FG

FIXED ASSETS

Tangible assets

4

7,525

8,859

CURRENT ASSETS

Stocks

-

5,200

Debtors

5

15,272

36,000

Cash at bank

27,019

-

42,291

41,200

CREDITORS

Amounts falling due within one year

6

41,307

49,853

NET CURRENT ASSETS/(LIABILITIES)

984

(8,653

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,509

206

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

8,409

106

SHAREHOLDERS' FUNDS

8,509

206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 29 April 2026 and were signed by:

P W Smale - Director

1.	STATUTORY INFORMATION

Paul Smale Electrical Services Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

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 5 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

32,761

DEPRECIATION

At 1 April 2025

23,902

Charge for year

1,334

At 31 March 2026

25,236

NET BOOK VALUE

At 31 March 2026

7,525

At 31 March 2025

8,859

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

13,352

19,230

Other debtors

1,920

16,770

15,272

36,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

781

19,683

Trade creditors

2,153

3,989

Taxation and social security

37,254

25,241

Other creditors

1,119

940

41,307

49,853

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

100

Ordinary

£1

100

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

P W Smale

Balance outstanding at start of year

14,000

10,000

Amounts advanced

-

14,000

Amounts repaid

(14,000

)

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

14,000