AS Electricians Ltd

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 14366144

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,250		7,992

			6,250		7,992
CURRENT ASSETS
Stocks	5	3,000		2,723
Debtors	6	42,324		46,781
Cash at bank and in hand		2,863		3,163

		48,187		52,667
Creditors: Amounts Falling Due Within One Year	7	(54,290 )		(54,286 )

NET CURRENT ASSETS (LIABILITIES)			(6,103 )		(1,619 )

TOTAL ASSETS LESS CURRENT LIABILITIES			147		6,373

NET ASSETS			147		6,373

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			47		6,273

SHAREHOLDERS' FUNDS			147		6,373

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AS Electricians Ltd

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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

K Mallouppas

Director

13 May 2026

The notes on pages 4 to 6 form part of these financial statements.

1. General Information

AS Electricians Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14366144 . The registered office is Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.

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 rendering of services.

Rendering of services

Turnover from the rendering of services is recognised in the period the service is provided.

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	20% RB
Motor Vehicles	25% RB

2.4. 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.

2.5. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.7. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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AS Electricians Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 October 2024	849	9,895	10,744
Additions	284	-	284

As at 30 September 2025	1,133	9,895	11,028

Depreciation
As at 1 October 2024	278	2,474	2,752
Provided during the period	171	1,855	2,026

As at 30 September 2025	449	4,329	4,778

Net Book Value
As at 30 September 2025	684	5,566	6,250

As at 1 October 2024	571	7,421	7,992

5. Stocks

	2025	2024
	£	£
Materials	3,000	2,723

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	716
Prepayments and accrued income	-	5,000
Corporation tax recoverable assets	9,785	9,373
VAT	3,534	3,921
Director's loan account	29,005	27,771

	42,324	46,781

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	202	1,513
Bank loans and overdrafts	-	5,526
Other loans	5,371	-
Other creditors	2,714	3,505
Taxation and social security	46,003	43,742

	54,290	54,286

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AS Electricians Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Share Capital

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

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2025
	£	£	£	£	£
Mr Kyriacos Mallouppas	27,772	21,433	(20,200 )	-	29,005

The above loan is unsecured, interest free and repayable on demand.

10. Related Party Transactions

K Mallouppas

The above is the director of the company.

During the year, the director incurred expenses on behalf of the company and drew against his account.

At the balance sheet date, he owed £29,005 (2024 - £27,772) to the company.

No interest was charged on this loan during the period.

11. Ultimate Controlling Party

The company's ultimate controlling party is K Mallouppas by virtue of his ownership of 75% of the issued share capital in the company.

Page 6

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 October 2023	100	769	869
Profit for the year and total comprehensive income	-	46,414	46,414

Dividends paid	-	(40,910)	(40,910)

As at 30 September 2024 and 1 October 2024	100	6,273	6,373


Profit for the year and total comprehensive income	-	39,564	39,564

Dividends paid	-	(45,790)	(45,790)

As at 30 September 2025	100	47	147