Armley Electrical Services Ltd

Armley Electrical Services Ltd
Statement of Financial Position
As at 31 August 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	9,536	9,979
		9,536	9,979
Current assets
Stocks	4	1,300	2,000
Debtors	5	34,394	42,873
Cash at bank and in hand		54	28,371
		35,748	73,244
Creditors: amount falling due within one year	6	(25,191)	(51,803)
Net current assets		10,557	21,441

Total assets less current liabilities		20,093	31,420
Provisions for liabilities	7	(253)	(337)
Net assets		19,840	31,083

Capital and reserves
Called up share capital		100	100
Profit and loss account		19,740	30,983
Shareholders' funds		19,840	31,083

For the year ended 31 August 2026 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 financial statements were approved by the director on 05 October 2026 and were signed by:

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Mr T J Mitchell
Director

Armley Electrical Services Ltd
Notes to the Financial Statements
For the year ended 31 August 2026

General Information

Armley Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12135551, registration address 6 Fusion Court, Garforth, Leeds, West Yorkshire, LS25 2GH.

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.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

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

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

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 etc

25% RB

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 4).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 September 2025	16,052	16,052
Additions	-	-
Disposals	-	-
At 31 August 2026	16,052	16,052
Depreciation
At 01 September 2025	6,073	6,073
Charge for year	443	443
On disposals	-	-
At 31 August 2026	6,516	6,516
Net book values
Closing balance as at 31 August 2026	9,536	9,536
Opening balance as at 01 September 2025	9,979	9,979

Stocks

	2026 £		2025 £
Work in Progress	1,300		2,000
	1,300		2,000

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	33,809	39,271
Other Debtors	0	2,666
	33,809	41,937

Debtors: amounts falling due after one year

	2026 £		2025 £
Other Debtors	585		936
	585		936

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	5,616	1,620
Bank Loans & Overdrafts	0	2,994
Taxation and Social Security	16,824	30,740
Other Creditors	2,751	16,449
	25,191	51,803

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	253		337
	253		337