1 April 2025 false No description of principal activity Taxfiler 2024.6 10976897business:PrivateLimitedCompanyLtd2025-04-012026-03-31 109768972025-03-31 109768972025-04-012026-03-31 10976897business:AuditExemptWithAccountantsReport2025-04-012026-03-31 10976897business:FilletedAccounts2025-04-012026-03-31 109768972026-03-31 10976897business:Director12025-04-012026-03-31 10976897business:RegisteredOffice2025-04-012026-03-31 109768972025-03-31 10976897core:WithinOneYear2026-03-31 10976897core:WithinOneYear2025-03-31 10976897core:ShareCapitalcore:PreviouslyStatedAmount2026-03-31 10976897core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 10976897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2026-03-31 10976897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 10976897core:PreviouslyStatedAmount2026-03-31 10976897core:PreviouslyStatedAmount2025-03-31 10976897business:SmallEntities2025-04-012026-03-31 10976897countries:EnglandWales2025-04-012026-03-31 10976897core:MotorVehicles2025-04-012026-03-31 10976897core:FurnitureFittings2025-04-012026-03-31 10976897core:ComputerEquipment2025-04-012026-03-31 10976897core:MotorVehicles2025-03-31 10976897core:FurnitureFittings2025-03-31 10976897core:ComputerEquipment2025-03-31 10976897core:MotorVehicles2026-03-31 10976897core:FurnitureFittings2026-03-31 10976897core:ComputerEquipment2026-03-31 109768972024-04-012025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10976897 (England and Wales)
TOWCESTER ELECTRICAL SERVICES LIMITED Unaudited accounts for the year ended 31 March 2026
TOWCESTER ELECTRICAL SERVICES LIMITED Unaudited accounts Contents
Page
- 2 -
TOWCESTER ELECTRICAL SERVICES LIMITED Company Information for the year ended 31 March 2026
Director
Michael Hackett
Company Number
10976897 (England and Wales)
Registered Office
TOWCESTER ELECTRICAL SERVICES 114 WATLING STREET EAST TOWCESTER NN12 6BT ENGLAND
Accountants
Robins & Co 35 St Leonards Road Northampton NN4 8DL
- 3 -
TOWCESTER ELECTRICAL SERVICES LIMITED Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,257 
15,615 
Current assets
Inventories
661 
177 
Debtors
51,969 
17,216 
Cash at bank and in hand
26,712 
65,276 
79,342 
82,669 
Creditors: amounts falling due within one year
(30,659)
(30,231)
Net current assets
48,683 
52,438 
Total assets less current liabilities
64,940 
68,053 
Provisions for liabilities
Deferred tax
(3,089)
(2,845)
Net assets
61,851 
65,208 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
61,850 
65,207 
Shareholders' funds
61,851 
65,208 
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 May 2026 and were signed on its behalf by
Michael Hackett Director Company Registration No. 10976897
- 4 -
TOWCESTER ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
TOWCESTER ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10976897. The registered office is TOWCESTER ELECTRICAL SERVICES, 114 WATLING STREET EAST, TOWCESTER, NN12 6BT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
- 5 -
TOWCESTER ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2025
26,546 
3,016 
3,460 
33,022 
Additions
- 
5,069 
- 
5,069 
At 31 March 2026
26,546 
8,085 
3,460 
38,091 
Depreciation
At 1 April 2025
14,240 
1,058 
2,109 
17,407 
Charge for the year
2,461 
1,013 
953 
4,427 
At 31 March 2026
16,701 
2,071 
3,062 
21,834 
Net book value
At 31 March 2026
9,845 
6,014 
398 
16,257 
At 31 March 2025
12,306 
1,958 
1,351 
15,615 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,943 
14,994 
Accrued income and prepayments
7,026 
2,222 
51,969 
17,216 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
11,608 
4,067 
Trade creditors
693 
693 
Taxes and social security
15,376 
6,168 
Other creditors
448 
448 
Loans from directors
334 
16,955 
Accruals
2,200 
1,900 
30,659 
30,231 
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).
- 6 -