3 11/12/2024 31/12/2025 2025-12-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-12-11 Sage Accounts Production 25.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 16129473 2024-12-11 2025-12-31 16129473 2025-12-31 16129473 2024-12-10 16129473 core:FurnitureFittingsToolsEquipment 2024-12-11 2025-12-31 16129473 core:MotorVehicles 2024-12-11 2025-12-31 16129473 bus:Director1 2024-12-11 2025-12-31 16129473 bus:Director2 2024-12-11 2025-12-31 16129473 core:FurnitureFittingsToolsEquipment 2025-12-31 16129473 core:MotorVehicles 2025-12-31 16129473 core:ShareCapital 2024-12-11 2025-12-31 16129473 core:RetainedEarningsAccumulatedLosses 2024-12-11 2025-12-31 16129473 core:WithinOneYear 2025-12-31 16129473 core:ShareCapital 2025-12-31 16129473 core:RetainedEarningsAccumulatedLosses 2025-12-31 16129473 core:PreviouslyStatedAmount core:ShareCapital 2025-12-31 16129473 bus:Director1 2025-12-31 16129473 bus:Director2 2025-12-31 16129473 bus:SmallEntities 2024-12-11 2025-12-31 16129473 bus:AuditExempt-NoAccountantsReport 2024-12-11 2025-12-31 16129473 bus:SmallCompaniesRegimeForAccounts 2024-12-11 2025-12-31 16129473 bus:PrivateLimitedCompanyLtd 2024-12-11 2025-12-31 16129473 bus:FullAccounts 2024-12-11 2025-12-31
Company registration number: 16129473
Elements Electrical Limited
Unaudited filleted financial statements
31 December 2025
Elements Electrical Limited
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Elements Electrical Limited
Statement of financial position
31 December 2025
31/12/25
Note £ £
Fixed assets
Tangible assets 5 13,417
_______
13,417
Current assets
Debtors 6 157,752
Cash at bank and in hand 59,473
_______
217,225
Creditors: amounts falling due
within one year 7 ( 96,019)
_______
Net current assets 121,206
_______
Total assets less current liabilities 134,623
_______
Net assets 134,623
_______
Capital and reserves
Called up share capital 100
Profit and loss account 134,523
_______
Shareholders funds 134,623
_______
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 01 September 2026 , and are signed on behalf of the board by:
Mr C D Mccracken
Director
Company registration number: 16129473
Elements Electrical Limited
Statement of changes in equity
Period ended 31 December 2025
Called up share capital Profit and loss account
£ £
At 11 December 2024 - -
Profit for the period 206,726
_______ _______
Total comprehensive income for the period - 206,726
Issue of shares 100
Dividends paid and payable ( 72,203)
_______ _______
Total investments by and distributions to owners 100 ( 72,203)
_______ _______
At 31 December 2025 100 134,523
_______ _______
Elements Electrical Limited
Notes to the financial statements
Period ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Brooklands House, 58 Marlborough Road, Lancing, West sussex, BN15 8AF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % straight line
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 3
5. Tangible assets
Fixtures, fittings and equipment Motor vehicles Total
£ £ £
Cost
At 11 December 2024 - - -
Additions 982 14,999 15,981
_______ _______ _______
At 31 December 2025 982 14,999 15,981
_______ _______ _______
Depreciation
At 11 December 2024 - - -
Charge for the year 64 2,500 2,564
_______ _______ _______
At 31 December 2025 64 2,500 2,564
_______ _______ _______
Carrying amount
At 31 December 2025 918 12,499 13,417
_______ _______ _______
6. Debtors
31/12/25
£
Trade debtors 91,557
Other debtors 66,195
_______
157,752
_______
7. Creditors: amounts falling due within one year
31/12/25
£
Trade creditors 8,782
Corporation tax 65,865
Other creditors 21,372
_______
96,019
_______
8. Directors advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
Period ended 31/12/25
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr C D Mccracken - ( 1,922) ( 1,922)
Mr D J Armstrong - ( 16,343) ( 16,343)
_______ _______ _______
- ( 18,265) ( 18,265)
_______ _______ _______
The loan is provided on interest free baisis and is repayble on demand