REGISTERED NUMBER: 04749462 (England and Wales)

Clewlow Electrical Limited

Unaudited Financial Statements

for the Year Ended 28 February 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Clewlow

SECRETARY:

Ms G E Clare

REGISTERED OFFICE:

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

REGISTERED NUMBER:

04749462 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

12,460

16,387

12,460

16,387

CURRENT ASSETS

Stocks

483

469

Debtors

7

12,246

11,057

Cash at bank

66,571

86,626

79,300

98,152

CREDITORS

Amounts falling due within one year

8

31,673

36,928

NET CURRENT ASSETS

47,627

61,224

TOTAL ASSETS LESS CURRENT LIABILITIES

60,087

77,611

CREDITORS

Amounts falling due after more than one year

9

-

(962

)

PROVISIONS FOR LIABILITIES

(2,367

)

(3,114

)

NET ASSETS

57,720

73,535

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

57,620

73,435

SHAREHOLDERS' FUNDS

57,720

73,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 November 2025 and were signed by:

J Clewlow - Director

1.	STATUTORY INFORMATION

Clewlow Electrical Limited 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoice value of goods and services provided, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

30,000

AMORTISATION

At 1 March 2024

and 28 February 2025

30,000

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2024

and 28 February 2025

5,274

2,245

35,679

8,839

52,037

DEPRECIATION

At 1 March 2024

3,211

2,051

22,103

8,285

35,650

Charge for year

310

39

3,394

184

3,927

At 28 February 2025

3,521

2,090

25,497

8,469

39,577

NET BOOK VALUE

At 28 February 2025

1,753

155

10,182

370

12,460

At 29 February 2024

2,063

194

13,576

554

16,387

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,464

10,002

Other debtors

782

1,055

12,246

11,057

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,089

2,304

Trade creditors

-

(2

)

Taxation and social security

6,706

13,184

Other creditors

23,878

21,442

31,673

36,928

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

962