AxElectrical and Co Limited - Filleted accounts

Registered number

16199558

AxElectrical and Co Limited

Filleted Accounts

31 January 2026

AxElectrical and Co Limited
Registered number:		16199558
Balance Sheet
as at 31 January 2026

Notes			2026
£
Fixed assets
Tangible assets	3		2,698

Current assets
Debtors	4	30,519
Cash at bank and in hand		495
		31,014

Creditors: amounts falling due within one year	5	(22,156)

Net current assets			8,858

Net assets			11,556

Capital and reserves
Called up share capital			1
Profit and loss account			11,555

Shareholder's funds			11,556

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Hyland
Director
Approved by the board on 8 June 2026

AxElectrical and Co Limited
Notes to the Accounts
for the period from 21 January 2025 to 31 January 2026


1	Accounting policies

	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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% Reducing Balance

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees		2026
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Motor vehicles
£
	Cost
	Additions			3,500
	At 31 January 2026			3,500

	Depreciation
	Charge for the period			802
	At 31 January 2026			802

	Net book value
	At 31 January 2026			2,698


4	Debtors		2026
£

	Trade debtors		21,063
	Other debtors		9,456
			30,519


5	Creditors: amounts falling due within one year		2026
£

	Trade creditors		12,093
	Taxation and social security costs		9,247
	Other creditors		816
			22,156


6	Other information

	AxElectrical and Co Limited is a private company limited by shares and incorporated in England. Its registered office is:
	19 Windmill Close
	Warton
	Tamworth
	B79 0JA