REGISTERED NUMBER: 14430400 (England and Wales)

Financial Statements

for the Year Ended 31 October 2025

for

ASHWELL ELECTRICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P J Chambers

Mrs R Chambers

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

14430400 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

13,890

1,417

CURRENT ASSETS

Debtors

5

15,954

4,714

Cash at bank

3,025

1,260

18,979

5,974

CREDITORS

Amounts falling due within one year

6

19,863

5,652

NET CURRENT (LIABILITIES)/ASSETS

(884

)

322

TOTAL ASSETS LESS CURRENT LIABILITIES

13,006

1,739

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

13,005

1,738

SHAREHOLDERS' FUNDS

13,006

1,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

Mrs R Chambers - Director

1.	STATUTORY INFORMATION

Ashwell Electrics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

1,415

799

2,214

Additions

15,946

-

15,946

At 31 October 2025

17,361

799

18,160

DEPRECIATION

At 1 November 2024

509

288

797

Charge for year

3,371

102

3,473

At 31 October 2025

3,880

390

4,270

NET BOOK VALUE

At 31 October 2025

13,481

409

13,890

At 31 October 2024

906

511

1,417

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

2,374

-

Other debtors

13,580

4,714

15,954

4,714

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Tax

-

96

Directors' current accounts

18,913

2,772

Accruals and deferred income

950

2,784

19,863

5,652

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 November 2024

1,738

Profit for the year

11,267

At 31 October 2025

13,005

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £18,913 (2024: £2,772) to the director. The amount is interest free and repayable on demand.