Cablesmith Electrical Services Ltd

Cablesmith Electrical Services Ltd
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	250	250
Tangible fixed assets	4	692	988
		942	1,238
Current assets
Debtors		4,325	6,101
Cash at bank and in hand		4,601	2,080
		8,926	8,181
Creditors: amount falling due within one year		(8,428)	(9,375)
Net current assets		498	(1,194)

Total assets less current liabilities		1,440	44
Net assets		1,440	44

Capital and reserves
Called up share capital		1	1
Profit and loss account		1,439	43
Shareholders' funds		1,440	44

For the year ended 31 December 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 25 September 2026 and were signed by:

-------------------------------
Sean McGloin
Director

Cablesmith Electrical Services Ltd
Notes to the Abridged Financial Statements
For the year ended 31 December 2025

General Information

Cablesmith Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12369430, registration address 14 Haig Avenue, Cadishead, M44 5ED.

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.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

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	30 Reducing Balance
Computer Equipment	30 Reducing Balance

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

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 January 2025	250	250
Additions	-	-
Disposals	-	-
At 31 December 2025	250	250
Net book values
At 31 December 2025	250	250
At 31 December 2024	250	250

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 January 2025	2,019	1,187	3,206
Additions	-	-	-
Disposals	-	-	-
At 31 December 2025	2,019	1,187	3,206
Depreciation
At 01 January 2025	1,399	819	2,218
Charge for year	186	110	296
On disposals	-	-	-
At 31 December 2025	1,585	929	2,514
Net book values
Closing balance as at 31 December 2025	434	258	692
Opening balance as at 01 January 2025	620	368	988