Ferris Electrical Services Ltd

Registered Number: 14270413 Ferris Electrical Services Ltd
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	5	1,078	2,257
		1,078	2,257
Current assets
Stocks		1,597	7,504
Debtors		26,162	17,586
Cash at bank and in hand		30,935	18,043
		58,694	43,133
Creditors: amount falling due within one year		(57,462)	(44,963)
Net current assets		1,232	(1,830)

Total assets less current liabilities		2,310	427
Net assets		2,310	427

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		2,210	327
Shareholders' funds		2,310	427

For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 29 July 2026 and were signed by:

-------------------------------
Matthew Ferris
Director

Ferris Electrical Services Ltd
Notes to the Abridged Financial Statements
For the year ended 31 October 2025

General Information

Ferris Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14270413, registration address Pi House, 40a London Road, Gloucester, Gloucestershire, GL1 3NU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Directors' Emoluments

	2025 £	2024 £
Administrative Expenses
Directors Salaries	7,583	14,408
	7,583	14,408

Staff Costs

	2025 £	2024 £
Wages and salaries	7,583	14,408
Other staff costs	-	292
	7,583	14,700

4.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 November 2024	546	1,938	1,498	3,982
Additions	530	-	134	664
Disposals	-	(1,938)	-	(1,938)
At 31 October 2025	1,076	-	1,632	2,708
Depreciation
At 01 November 2024	239	848	638	1,725
Charge for year	209	-	544	753
On disposals	-	(848)	-	(848)
At 31 October 2025	448	-	1,182	1,630
Net book values
Closing balance as at 31 October 2025	628	-	450	1,078
Opening balance as at 01 November 2024	307	1,090	860	2,257

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 14270413
England and Wales
Abridged Accounts

for the year ended 31 October 2025
for
FERRIS ELECTRICAL SERVICES LTD