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Company Registration No. 07598557 (England and Wales)
Avelex Electrical Ltd Unaudited accounts for the period from 1 April 2025 to 30 June 2026
Avelex Electrical Ltd Company Information for the period from 1 April 2025 to 30 June 2026
Director
Andrea Avraam
Company Number
07598557 (England and Wales)
Registered Office
121 London Road Knebworth Herts SG3 6EX United Kingdom
Accountants
The Book Monitor Ltd Great North Business Centre 82 Great North Road Old Hatfield Hertfordshire AL9 5BL
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Avelex Electrical Ltd Statement of financial position as at 30 June 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
5
-
1,889
Current assets
Debtors
6
708
8,129
Cash at bank and in hand
-
(1,006)
708
7,123
Creditors: amounts falling due within one year
7
(608)
(4,614)
Net current assets
100
2,509
Net assets
100
4,398
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
-
4,298
Shareholders' funds
100
4,398
For the period ending 30 June 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 16 July 2026 and were signed on its behalf by
Andrea Avraam Director Company Registration No. 07598557
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Avelex Electrical Ltd Notes to the Accounts for the period from 1 April 2025 to 30 June 2026
1
Statutory information
Avelex Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07598557. The registered office is 121 London Road, Knebworth, Herts, SG3 6EX, United Kingdom.
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
These financial statements for the period from 1 April 2025 to 30 June 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 11 below.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025
3,000
Disposals
(3,000)
At 30 June 2026
-
Amortisation
At 1 April 2025
3,000
On disposals
(3,000)
At 30 June 2026
-
Net book value
At 30 June 2026
-
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Avelex Electrical Ltd Notes to the Accounts for the period from 1 April 2025 to 30 June 2026
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
4,614
4,950
9,564
Disposals
(4,614)
(4,950)
(9,564)
At 30 June 2026
-
-
-
Depreciation
At 1 April 2025
2,725
4,950
7,675
Charge for the period
591
-
591
On disposals
(3,316)
(4,950)
(8,266)
At 30 June 2026
-
-
-
Net book value
At 30 June 2026
-
-
-
At 31 March 2025
1,889
-
1,889
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
-
3,051
Accrued income and prepayments
-
377
Other debtors
708
4,701
708
8,129
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
-
1,206
Trade creditors
-
2,785
Taxes and social security
(12)
623
Accruals
620
-
608
4,614
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Andrea Avraam
4,701
1,222
675
5,248
4,701
1,222
675
5,248
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Avelex Electrical Ltd Notes to the Accounts for the period from 1 April 2025 to 30 June 2026
10
Average number of employees
During the period the average number of employees was 0 (2025: 0).
11
Reconciliations on adoption of FRS 102
These are the first financial statements in which the company has applied FRS 102 Section 1A. The company previously prepared its financial statements in accordance with FRS 105. The date of transition to FRS 102 Section 1A was 01 April 2025.
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