| Document Type: | Trial Balance |
| Company Name: | N/A |
| Client Name: | Rees Electrical Solutions Ltd |
| File Name: | api_a300e2ad-46da-4424-871b-ee14cb136181_Rees_Electrical_Solutions_Lts_-_YE_31.03.2025_-_TB_1777282859.pdf |
| Upload Date: | April 27, 2026 at 09:43 AM |
| Period Start: | April 01, 2024 |
| Period End: | March 31, 2025 |
| Current Year Profit: | $95,157.00 |
| Previous Year Profit: | $51,178.00 |
| Account Code | Account Name | Current Year Debit | Current Year Credit | Previous Year Debit | Previous Year Credit |
|---|---|---|---|---|---|
| 001.00 | Sale of goods, UK | - | $591,984.32 | - | $479,742.03 |
| 023.00 | Other revenue | - | $9,743.90 | - | - |
| 035.00 | Interest received | - | $34.72 | - | $39.69 |
| 050.00 | Opening raw materials | $8,000.00 | - | $8,000.00 | - |
| 055.00 | Materials | $203,323.22 | - | $133,531.17 | - |
| 060.00 | Direct costs | $3,055.97 | - | $780.98 | - |
| 065.00 | Closing raw materials | $8,000.00 | - | $8,000.00 | - |
| 077.00 | Subcontract cost | $13,184.03 | - | - | - |
| 230.00 | Wages and salaries (excluding directors) | $163,490.62 | - | $178,609.97 | - |
| 231.00 | Staff NIC (Employers) | $5,391.81 | - | $4,450.36 | - |
| 232.00 | Directors remuneration | $18,853.09 | - | - | - |
| 242.00 | Staff training | $1,705.00 | - | $689.00 | - |
| 251.00 | Rent | $2,199.99 | - | $4,583.34 | - |
| 252.00 | Rates | $16.00 | - | - | - |
| 254.00 | Light, heat and power | $1,428.79 | - | - | - |
| 255.00 | Insurance | $22,650.55 | - | $12,595.14 | - |
| 260.00 | Repairs and maintenance | $997.50 | - | $707.23 | - |
| 270.00 | Telephone and fax | $3,570.98 | - | $4,326.04 | - |
| 273.00 | Office expenses | - | - | $1,350.77 | - |
| 274.00 | Computer software and maintenance costs | $2,138.42 | - | - | - |
| 276.00 | Printing, postage and stationery | $246.56 | - | $416.17 | - |
| 284.00 | Trade subscriptions | $79.13 | - | $1,796.80 | - |
| 285.00 | Charitable donations | $1,304.16 | - | - | - |
| 294.00 | Lease of motor vehicles (Operating leases) | - | - | - | $17,199.32 |
| 301.00 | Cleaning | $214.43 | - | $50.04 | - |
| 310.00 | Motor expenses | $16,508.96 | - | $3,778.51 | - |
| 311.00 | Petrol or diesel | - | - | - | $22,145.86 |
| 335.00 | Staff entertaining (allowable for tax) | $471.09 | - | $1,318.65 | - |
| 336.00 | Customer entertaining (disallowable for tax) | $15.30 | - | $132.05 | - |
| 340.00 | Accountancy fees | $3,330.00 | - | $5,860.74 | - |
| 348.00 | Legal and professional fees | $3,892.50 | - | - | - |
| 360.00 | Bank charges | $6.48 | - | $617.39 | - |
| 362.00 | Hire purchase interest | $1,636.49 | - | $1,220.00 | - |
| 379.00 | Depreciation of motor vehicles (owned) | $19,854.63 | - | $15,646.46 | - |
| 386.00 | (Profit)/loss on disposal of tangible fixed assets | - | - | - | $987.88 |
| 445.00 | Bank loan interest payable | $2,127.65 | - | $610.30 | - |
| 470.00 | Corporation tax charge | $14,912.62 | - | $15,200.00 | - |
| 570.00 | Plant and machinery cost b/fwd | $18,000.00 | - | - | - |
| 572.00 | P & M additions at cost | - | - | $18,000.00 | - |
| 590.00 | Motor vehicles cost b/fwd | $85,819.00 | - | $93,819.00 | - |
| 592.00 | Motor vehicles additions at cost | $59,498.40 | - | - | - |
| 594.00 | Motor vehicles disposals at cost | - | - | - | $8,000.00 |
| 595.00 | Motor vehicles accumulated depreciation b/fwd | $28,993.16 | - | $15,586.70 | - |
| 597.00 | Motor vehicles depreciation elim on disposals | - | - | $2,240.00 | - |
| 598.00 | Motor vehicles depreciation charge | $19,854.63 | - | $15,646.46 | - |
| 670.00 | Stocks | $8,000.00 | - | $8,000.00 | - |
| 680.00 | Sales ledger control account | $45,363.55 | - | $44,437.61 | - |
| 691.00 | Other debtors | - | - | $5,312.02 | - |
| 750.00 | Bank current account 1 | $20,746.58 | - | $23,843.14 | - |
| 751.00 | Bank current account 2 | $40,034.90 | - | $0.18 | - |
| 780.00 | Bank loan 1 - under 1yr | - | $4,666.82 | - | $3,710.64 |
| 796.00 | Trade creditors | - | $70,984.52 | - | - |
| 800.00 | Wages and salaries control | $1.43 | - | - | - |
| 801.00 | Other creditors | - | - | - | $21,653.36 |
| 807.00 | Accruals | $2,025.00 | - | $1,135.00 | - |
| 810.00 | Corporation tax control | $14,897.95 | - | $15,200.00 | - |
| 814.00 | PAYE and NIC creditor | - | $16,507.75 | - | $23,896.07 |
| 817.00 | VAT Control account | $11,602.09 | - | - | - |
| 830.00 | Director 1 current account | $14,225.21 | - | $7,060.00 | - |
| 831.00 | Director 2 current account | $8,731.27 | - | $7,060.00 | - |
| 840.00 | HP and finance lease liability 1 (under 1yr) | - | $12,142.29 | - | $10,437.45 |
| 841.00 | HP and finance lease liability 2 (under 1yr) | - | $12,713.19 | - | - |
| 860.00 | Bank loan 1 (1-2 yrs) | - | - | - | $3,000.00 |
| 890.00 | HP and finance lease liability 1 (1-2 yrs) | - | $14,663.56 | - | $25,000.00 |
| 910.00 | Ordinary share capital b/fwd | $2.00 | - | $2.00 | - |
| 980.00 | P&l reserve - retained profit and loss account b/fwd | - | $66,504.27 | - | $55,326.72 |
| 988.01 | Ordinary dividend paid - Current period interim dividend | $60,000.00 | - | $40,000.00 | - |