Associated Independent Electrical Wholesalers Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04137743

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		452,512		422,607
Investments	5		20,511		20,511

			473,023		443,118
CURRENT ASSETS
Debtors	6	163,268		194,823
Cash at bank and in hand		111,210		142,858

		274,478		337,681
Creditors: Amounts Falling Due Within One Year	7	(245,554 )		(275,202 )

NET CURRENT ASSETS (LIABILITIES)			28,924		62,479

TOTAL ASSETS LESS CURRENT LIABILITIES			501,947		505,597

Creditors: Amounts Falling Due After More Than One Year	8		(186,210 )		(199,216 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,869 )		(380 )

NET ASSETS			307,868		306,001

CAPITAL AND RESERVES
Called up share capital	10		1,632		1,638
Profit and Loss Account			306,236		304,363

SHAREHOLDERS' FUNDS			307,868		306,001

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Associated Independent Electrical Wholesalers Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew David Middleton Dunning Director	Ms Elaine Patricia Lamb Director
15 September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Associated Independent Electrical Wholesalers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04137743 . The registered office is B6 Lows Lane, Stanton-By-Dale, Ilkeston, Derbyshire, DE7 4RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	N/A
Plant & Machinery	4% straight line
Fixtures & Fittings	33.33% straight line
Computer Equipment	33.33% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

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Associated Independent Electrical Wholesalers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	419,685	-	25,393	16,958	462,036
Additions	-	29,000	4,242	645	33,887

As at 31 December 2025	419,685	29,000	29,635	17,603	495,923

Depreciation
As at 1 January 2025	-	-	24,517	14,912	39,429
Provided during the period	-	1,160	1,171	1,651	3,982

As at 31 December 2025	-	1,160	25,688	16,563	43,411

Net Book Value
As at 31 December 2025	419,685	27,840	3,947	1,040	452,512

As at 1 January 2025	419,685	-	876	2,046	422,607

5. Investments

	Other
	£
Cost or Valuation
As at 1 January 2025	20,511

As at 31 December 2025	20,511

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	20,511

As at 1 January 2025	20,511

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	117,279	141,946
Prepayments and accrued income	18,757	18,070
Other debtors	98	104
Amounts owed by group undertakings	27,134	34,703

	163,268	194,823

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Associated Independent Electrical Wholesalers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	74,872	90,520
Bank loans and overdrafts	11,495	9,872
Corporation tax	53,017	67,151
Other taxes and social security	14,816	15,508
Other creditors	2,023	2,075
Accruals and deferred income	89,331	90,076

	245,554	275,202

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	186,210	199,216

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	120,725		140,552

9. Secured Creditors

Of the creditors the following amounts are secured by a legal charge over the property.

	2025		2024
	£		£
Bank loans and overdrafts	197,709		209,087

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,632	1,638

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	21,730	19,833
Later than one year and not later than five years	27,482	24,350

	49,212	44,183

12. Pension Commitments

The company operates a defined contribution pension scheme for the employees. At the balance sheet date unpaid contributions of £2,023 (2024: £2,074) were due to the fund. They are included in other creditors.

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