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Company Registration No. 10456446 (England and Wales)
FOX ELECTRICAL SYSTEMS LTD Filleted Accounts for the year ended 30 November 2025
FOX ELECTRICAL SYSTEMS LTD Filleted Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FOX ELECTRICAL SYSTEMS LTD Company Information for the year ended 30 November 2025
Director
Andrew Fox
Company Number
10456446 (England and Wales)
Registered Office
87 PARKFIELDS ROAD BRIDGEND CF31 4BJ UNITED KINGDOM
Accountants
Richlands Accountancy Limited Richlands Maesteg Road Tondu Bridgend CF32 9BT
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FOX ELECTRICAL SYSTEMS LTD Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,664
5,965
Current assets
Inventories
4,197
4,804
Debtors
5
18,181
22,192
Cash at bank and in hand
15,162
20,140
37,540
47,136
Creditors: amounts falling due within one year
6
(28,130)
(40,704)
Net current assets
9,410
6,432
Total assets less current liabilities
15,074
12,397
Creditors: amounts falling due after more than one year
7
-
(3,645)
Net assets
15,074
8,752
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
14,974
8,652
Shareholders' funds
15,074
8,752
For the year ending 30 November 2025 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 18 August 2026 and were signed on its behalf by
Andrew Fox Director Company Registration No. 10456446
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FOX ELECTRICAL SYSTEMS LTD Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
FOX ELECTRICAL SYSTEMS LTD is a private company, limited by shares, registered in England and Wales, registration number 10456446. The registered office is 87 PARKFIELDS ROAD, BRIDGEND, CF31 4BJ, 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
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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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FOX ELECTRICAL SYSTEMS LTD Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
8,028
18,051
2,418
2,809
31,306
Additions
-
-
-
1,315
1,315
At 30 November 2025
8,028
18,051
2,418
4,124
32,621
Depreciation
At 1 December 2024
7,059
14,839
1,801
1,642
25,341
Charge for the year
194
803
123
496
1,616
At 30 November 2025
7,253
15,642
1,924
2,138
26,957
Net book value
At 30 November 2025
775
2,409
494
1,986
5,664
At 30 November 2024
969
3,212
617
1,167
5,965
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
5,554
8,415
Other debtors
12,627
13,777
18,181
22,192
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,526
7,262
VAT
2,927
6,134
Trade creditors
48
96
Taxes and social security
6,299
5,902
Loans from directors
14,430
20,410
Accruals
900
900
28,130
40,704
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
3,645
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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