IRIS Accounts Production v25.1.3.33 04237481 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042374812024-02-29042374812025-02-28042374812024-03-012025-02-28042374812023-02-28042374812023-03-012024-02-29042374812024-02-2904237481ns14:PoundSterling2024-03-012025-02-2804237481ns10:Director12024-03-012025-02-2804237481ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2804237481ns10:SmallEntities2024-03-012025-02-2804237481ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2804237481ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2804237481ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2804237481ns10:FullAccounts2024-03-012025-02-2804237481ns10:Director22024-03-012025-02-2804237481ns10:CompanySecretary12024-03-012025-02-2804237481ns10:RegisteredOffice2024-03-012025-02-2804237481ns5:CurrentFinancialInstruments2025-02-2804237481ns5:CurrentFinancialInstruments2024-02-2904237481ns5:Non-currentFinancialInstruments2025-02-2804237481ns5:Non-currentFinancialInstruments2024-02-2904237481ns5:ShareCapital2025-02-2804237481ns5:ShareCapital2024-02-2904237481ns5:RetainedEarningsAccumulatedLosses2025-02-2804237481ns5:RetainedEarningsAccumulatedLosses2024-02-2904237481ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-012025-02-2804237481ns5:PlantMachinery2024-03-012025-02-2804237481ns5:FurnitureFittings2024-03-012025-02-2804237481ns5:MotorVehicles2024-03-012025-02-2804237481ns5:ComputerEquipment2024-03-012025-02-2804237481ns5:LandBuildingsns5:ShortLeaseholdAssets2024-02-2904237481ns5:PlantMachinery2024-02-2904237481ns5:FurnitureFittings2024-02-2904237481ns5:LandBuildingsns5:ShortLeaseholdAssets2025-02-2804237481ns5:PlantMachinery2025-02-2804237481ns5:FurnitureFittings2025-02-2804237481ns5:LandBuildingsns5:ShortLeaseholdAssets2024-02-2904237481ns5:PlantMachinery2024-02-2904237481ns5:FurnitureFittings2024-02-2904237481ns5:MotorVehicles2024-02-2904237481ns5:ComputerEquipment2024-02-2904237481ns5:MotorVehicles2025-02-2804237481ns5:ComputerEquipment2025-02-2804237481ns5:MotorVehicles2024-02-2904237481ns5:ComputerEquipment2024-02-2904237481ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2804237481ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29042374811ns10:Director12024-02-29042374811ns10:Director12023-02-28042374811ns10:Director12024-03-012025-02-28042374811ns10:Director12023-03-012024-02-29042374811ns10:Director12025-02-28042374811ns10:Director12024-02-2904237481ns10:Director222024-02-2904237481ns10:Director222023-02-2804237481ns10:Director222024-03-012025-02-2804237481ns10:Director222023-03-012024-02-2904237481ns10:Director222025-02-2804237481ns10:Director222024-02-29
REGISTERED NUMBER: 04237481















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Darren Wilkins Electrical Contractors
Limited

Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Darren Wilkins Electrical Contractors
Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mrs S J Wilkins
D Wilkins





SECRETARY: Mrs S J Wilkins





REGISTERED OFFICE: Coombend
Radstock
BA3 3AS





REGISTERED NUMBER: 04237481





ACCOUNTANTS: Nigelmarks Ltd
North Lodge
South Horrington
Wells
Somerset
BA5 3DZ

Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 180,107 125,173

CURRENT ASSETS
Stocks 31,272 11,400
Debtors 5 200,736 301,351
Prepayments and accrued income 13,740 7,348
Cash at bank and in hand 443,178 486,990
688,926 807,089
CREDITORS
Amounts falling due within one year 6 146,009 200,461
NET CURRENT ASSETS 542,917 606,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

723,024

731,801

CREDITORS
Amounts falling due after more than
one year

7

(67,061

)

(30,372

)

PROVISIONS FOR LIABILITIES (41,853 ) (27,758 )
NET ASSETS 614,110 673,671

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 614,010 673,571
614,110 673,671

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 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.

Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Balance Sheet - continued
28 February 2025


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 6 May 2025 and were signed on its behalf by:





D Wilkins - Director


Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Darren Wilkins Electrical Contractors Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Short leasehold - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 24 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 March 2024 33,692 63,719 17,450
Additions - 4,401 -
At 28 February 2025 33,692 68,120 17,450
DEPRECIATION
At 1 March 2024 29,899 53,885 6,641
Charge for year 3,369 3,558 2,702
At 28 February 2025 33,268 57,443 9,343
NET BOOK VALUE
At 28 February 2025 424 10,677 8,107
At 29 February 2024 3,793 9,834 10,809

Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2024 273,118 35,049 423,028
Additions 112,696 1,099 118,196
At 28 February 2025 385,814 36,148 541,224
DEPRECIATION
At 1 March 2024 181,656 25,774 297,855
Charge for year 51,039 2,594 63,262
At 28 February 2025 232,695 28,368 361,117
NET BOOK VALUE
At 28 February 2025 153,119 7,780 180,107
At 29 February 2024 91,462 9,275 125,173

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 193,822 234,920
Other debtors 6,914 66,431
200,736 301,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 9,094 6,821
Finance leases 32,976 16,077
Trade creditors 59,200 102,545
Taxation and social security 29,618 61,818
Other creditors 15,121 13,200
146,009 200,461

Darren Wilkins Electrical Contractors
Limited (Registered number: 04237481)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Bank loans - 9,094
Finance leases 67,061 21,278
67,061 30,372

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
D Wilkins
Balance outstanding at start of year 6,158 (703 )
Amounts advanced 25,535 47,406
Amounts repaid (32,000 ) (40,545 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (307 ) 6,158

Mrs S J Wilkins
Balance outstanding at start of year 6,158 -
Amounts advanced 25,535 45,113
Amounts repaid (32,000 ) (38,955 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (307 ) 6,158