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Registered number: 05528921
Complete Electrical Services (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
CLIVE G. CHADNEY LIMITED
108 Sandford Road
Chelmsford
Essex
CM2 6DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05528921
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,477 17,939
13,477 17,939
CURRENT ASSETS
Stocks 5 15,276 4,796
Debtors 6 14,301 29,832
Cash at bank and in hand 22,978 24,544
52,555 59,172
Creditors: Amounts Falling Due Within One Year 7 (9,195 ) (10,281 )
NET CURRENT ASSETS (LIABILITIES) 43,360 48,891
TOTAL ASSETS LESS CURRENT LIABILITIES 56,837 66,830
Creditors: Amounts Falling Due After More Than One Year 8 (14,000 ) (17,500 )
NET ASSETS 42,837 49,330
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 42,836 49,329
SHAREHOLDERS' FUNDS 42,837 49,330
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gary Stevens
Director
12 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Complete Electrical Services (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05528921 . The registered office is 108 Sandford Road, Chelmsford, Essex, CM2 6DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. 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 profit and loss account 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 profit and loss account as incurred.
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2024 2,405 22,661 25,066
As at 31 August 2025 2,405 22,661 25,066
Depreciation
As at 1 September 2024 2,184 4,943 7,127
Provided during the period 33 4,429 4,462
As at 31 August 2025 2,217 9,372 11,589
Net Book Value
As at 31 August 2025 188 13,289 13,477
As at 1 September 2024 221 17,718 17,939
5. Stocks
2025 2024
£ £
Stock 15,276 4,796
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 120 21,107
Other debtors 14,181 8,725
14,301 29,832
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,443 -
Other creditors 1,934 1,401
Taxation and social security 5,818 8,880
9,195 10,281
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,000 17,500
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 14,000 17,500
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
11. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 25,616 15,371
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