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REGISTERED NUMBER: 05848574 (England and Wales)












Financial Statements for the Year Ended 28 February 2025

for

DJK Electrical Contractors Limited

DJK Electrical Contractors Limited (Registered number: 05848574)

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


DJK Electrical Contractors Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: D Williams
Mrs K D Williams
S D B Gonsalves





SECRETARY: Mrs K D Williams





REGISTERED OFFICE: Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP





REGISTERED NUMBER: 05848574 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Unit 4D, Lansbury Business Estate
102 Lower Guildford Road
Knaphill
Woking
Surrey
GU21 2EP

DJK Electrical Contractors Limited (Registered number: 05848574)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,375 2,125
Property, plant and equipment 5 61,587 29,863
62,962 31,988

CURRENT ASSETS
Debtors 6 165,903 201,974
Cash at bank 269,838 38,376
435,741 240,350
CREDITORS
Amounts falling due within one year 7 (307,663 ) (190,331 )
NET CURRENT ASSETS 128,078 50,019
TOTAL ASSETS LESS CURRENT LIABILITIES 191,040 82,007

CREDITORS
Amounts falling due after more than one
year

8

(5,834

)

(15,834

)

PROVISIONS FOR LIABILITIES (15,335 ) (6,991 )
NET ASSETS 169,871 59,182

CAPITAL AND RESERVES
Called up share capital 102 100
Retained earnings 169,769 59,082
SHAREHOLDERS' FUNDS 169,871 59,182

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.

DJK Electrical Contractors Limited (Registered number: 05848574)

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 9 July 2025 and were signed on its behalf by:





D Williams - Director


DJK Electrical Contractors Limited (Registered number: 05848574)

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


1. STATUTORY INFORMATION

DJK 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% 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.

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.

DJK Electrical Contractors Limited (Registered number: 05848574)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 15,000
AMORTISATION
At 1 March 2024 12,875
Amortisation for year 750
At 28 February 2025 13,625
NET BOOK VALUE
At 28 February 2025 1,375
At 29 February 2024 2,125

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 1,500 116,157 13,692 131,349
Additions - 54,643 647 55,290
Disposals - (17,707 ) - (17,707 )
At 28 February 2025 1,500 153,093 14,339 168,932
DEPRECIATION
At 1 March 2024 375 91,593 9,518 101,486
Charge for year 281 19,047 1,218 20,546
Eliminated on disposal - (14,687 ) - (14,687 )
At 28 February 2025 656 95,953 10,736 107,345
NET BOOK VALUE
At 28 February 2025 844 57,140 3,603 61,587
At 29 February 2024 1,125 24,564 4,174 29,863

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 124,812 173,044
Amounts recoverable on contract 23,746 8,517
Other debtors 17,345 20,413
165,903 201,974

DJK Electrical Contractors Limited (Registered number: 05848574)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 147,592 84,365
Taxation and social security 80,358 39,575
Other creditors 69,713 56,391
307,663 190,331

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans 5,834 15,834