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REGISTERED NUMBER: 01855212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2021







DIRECTORS: G W Robinson
H Chung





REGISTERED OFFICE: 1053 London Road
Leigh-On-Sea
Essex
SS9 3JP





REGISTERED NUMBER: 01855212 (England and Wales)





ACCOUNTANTS: Richmond Gatehouse LLP
1053 London Road
Leigh-on-sea
Essex
SS9 3JP

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

BALANCE SHEET
31 December 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,460,448 5,489,587
Investments 5 8,451 8,451
7,468,899 5,498,038

CURRENT ASSETS
Stocks 4,362,101 4,080,367
Debtors 6 1,674,710 1,760,880
Cash at bank and in hand 472,120 430,487
6,508,931 6,271,734
CREDITORS
Amounts falling due within one year 7 (3,639,746 ) (2,292,950 )
NET CURRENT ASSETS 2,869,185 3,978,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,338,084

9,476,822

CREDITORS
Amounts falling due after more than one
year

8

(2,854,328

)

(2,382,522

)

PROVISIONS FOR LIABILITIES 10 (283,025 ) (271,900 )
NET ASSETS 7,200,731 6,822,400

CAPITAL AND RESERVES
Called up share capital 11 799 809
Capital redemption reserve 12 251 251
Retained earnings 12 7,199,681 6,821,340
SHAREHOLDERS' FUNDS 7,200,731 6,822,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

BALANCE SHEET - continued
31 December 2021


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 12 September 2022 and were signed on its behalf by:





G W Robinson - Director


W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2021


1. STATUTORY INFORMATION

W.Robinson & Sons(Electrical Contractors) 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. 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 etc - 25% 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

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.

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2021


2. ACCOUNTING POLICIES - continued

Provisions
The company has made provisions in the financial statements. The directors exercise judgement in measuring and recognising provisions. The provision for warranties is estimated based on the historical returns of products by customers due to faults and damage in transit.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2020 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2021 5,077,333 928,082 6,005,415
Additions 2,056,585 169,126 2,225,711
Disposals - (9,174 ) (9,174 )
At 31 December 2021 7,133,918 1,088,034 8,221,952
DEPRECIATION
At 1 January 2021 295,601 220,227 515,828
Charge for year 35,089 219,072 254,161
Eliminated on disposal - (8,485 ) (8,485 )
At 31 December 2021 330,690 430,814 761,504
NET BOOK VALUE
At 31 December 2021 6,803,228 657,220 7,460,448
At 31 December 2020 4,781,732 707,855 5,489,587

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2021
and 31 December 2021 8,451
NET BOOK VALUE
At 31 December 2021 8,451
At 31 December 2020 8,451

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2021


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 1,455,533 1,567,301
Other debtors 219,177 193,579
1,674,710 1,760,880

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 55,344 55,361
Trade creditors 1,970,154 1,381,420
Taxation and social security 330,418 178,331
Other creditors 1,283,830 677,838
3,639,746 2,292,950

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 2,854,328 2,382,522

9. SECURED DEBTS

The following secured debts are included within creditors:

2021 2020
£    £   
Bank loans 2,909,672 2,437,866

The bank loans and overdraft are secured by way of two debentures and charges over the company's assets as follows :

a) First charge over part of 35-41 Fowler Road Hainault, Essex IG6 3UL.

b) First charge over rear of 35-41 Fowler Road Hainault, Essex IG6 3UL

c) First charge over 'Saft premises', Peregrine Road, Hainault Industrial Estate, Ilford Essex.

d) Fixed and floating charge over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and equipment.

All of the above mentioned charges and guarantees are in favour of Barclays Bank Plc.

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2021


10. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 124,107 133,559
Other provisions 158,918 138,341
283,025 271,900

Deferred Other
tax provisions
£    £   
Balance at 1 January 2021 133,559 138,341
Provided during year - 20,577
Credit to Income Statement during year (9,452 ) -
Balance at 31 December 2021 124,107 158,918

11. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
759 Ordinary A 1 749 759
50 Ordinary B 1 50 50
799 809

Each 'B' share shall not confer on each holder of the 'B' share any right to receive notice of and to attend, speak and vote at general meetings of the company. The 'B' shares will participate in any distribution in the event of a winding up of the company.

12. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2021 6,821,340 251 6,821,591
Profit for the year 398,341 398,341
Dividends (20,000 ) (20,000 )
At 31 December 2021 7,199,681 251 7,199,932

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED (REGISTERED NUMBER: 01855212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2021


13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

2021 2020
£    £   
G W Robinson
Balance outstanding at start of year - -
Amounts advanced 59,145 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,145 -

14. ULTIMATE CONTROLLING PARTY

The Company is controlled by G W Robinson.

W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
W.ROBINSON & SONS(ELECTRICAL
CONTRACTORS) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2021 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Richmond Gatehouse LLP
1053 London Road
Leigh-on-sea
Essex
SS9 3JP


12 September 2022