Derby Auto Electrical Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04088231 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Derby Auto Electrical Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L J Ross

A S Ross

SECRETARY:

Mrs L J Ross

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

04088231 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

-

171

CURRENT ASSETS

Debtors

5

345,294

150,744

Investments

6

448,000

-

Cash at bank and in hand

293,490

1,054,934

1,086,784

1,205,678

CREDITORS

Amounts falling due within one year

7

3,550

111,885

NET CURRENT ASSETS

1,083,234

1,093,793

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,083,234

1,093,964

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

1,083,224

1,093,954

1,083,234

1,093,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

A S Ross - Director

1.	STATUTORY INFORMATION

Derby Auto Electrical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is amortised over its estimated useful economic life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company's financial statements are prepared on a going concern basis on the grounds that, despite the company ceasing to trade during the prior period, the final settlement of compensation for the loss of trade remains unresolved and as such the closure date for the company is as yet not final. The company has made short term investments to generate income in the form of interest. Accordingly, the current and future sources of funding or support will be more than adequate for the company's needs.

Current asset investments

Current asset investments represent short term bank deposits. Interest receivable on these deposits is recognised on an accruals basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 January 2025

8,000

Disposals

(8,000

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

7,829

Eliminated on disposal

(7,829

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

171

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

Trade debtors

-

2,328

Other debtors

31,684

77,663

Directors' current accounts

198,545

-

Tax

35,319

-

VAT

56

2,104

Accrued income

79,690

68,649

345,294

150,744

6.	CURRENT ASSET INVESTMENTS

2025

2024

as

restated

£

Short term bank deposits

448,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

Tax

-

83,092

Directors' current accounts

-

19,874

Accrued expenses

3,550

8,919

3,550

111,885

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the period end the company was owed £198,545 by the directors (2024: the company owed the directors £19,874). The balance was repaid in full within 9 months of the year end.

Beneficial loan interest was charged to the directors, at the prevailing HMRC advised rate, for any months in which the balance owing to the company exceeded £10,000.

During the prior year A S Ross was paid rent of £9,600.

9.	CONTROLLING PARTY

The company is under the control of the directors.