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REGISTERED NUMBER: 13791444 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

J C Electrical (Lincs) Limited

J C Electrical (Lincs) Limited (Registered number: 13791444)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


J C Electrical (Lincs) Limited

Company Information
for the Year Ended 31 March 2025







Directors: C L Waltham
J D A Peters





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
P11 1TB





Business address: 1 Redmile Close
Dyke
Bourne
Lincolnshire
PE10 0DA





Registered number: 13791444 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
J C Electrical (Lincs) 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 Statement of financial position. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J C Electrical (Lincs) Limited for the year ended 31 March 2025 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of J C Electrical (Lincs) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J C Electrical (Lincs) Limited and state those matters that we have agreed to state to the Board of Directors of J C Electrical (Lincs) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J C Electrical (Lincs) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J C Electrical (Lincs) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J C Electrical (Lincs) Limited. You consider that J C Electrical (Lincs) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J C Electrical (Lincs) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


19 August 2025

J C Electrical (Lincs) Limited (Registered number: 13791444)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 5 137,599 112,350

Current assets
Stocks 48,148 30,240
Debtors 6 123,731 94,983
Cash at bank 18,026 19,180
189,905 144,403
Creditors
Amounts falling due within one year 7 159,249 102,688
Net current assets 30,656 41,715
Total assets less current liabilities 168,255 154,065

Creditors
Amounts falling due after more than one
year

8

(119,591

)

(83,714

)

Provisions for liabilities (21,632 ) (11,230 )
Net assets 27,032 59,121

Capital and reserves
Called up share capital 10 100 100
Retained earnings 26,932 59,021
Shareholders' funds 27,032 59,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

J C Electrical (Lincs) Limited (Registered number: 13791444)

Statement of Financial Position - continued
31 March 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:




C L Waltham - Director



J D A Peters - Director


J C Electrical (Lincs) Limited (Registered number: 13791444)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. Statutory information

J C Electrical (Lincs) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

J C Electrical (Lincs) Limited (Registered number: 13791444)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. Accounting policies - continued

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 8 (2024 - 6 ) .

5. Tangible fixed assets
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 April 2024 140,811 2,352 143,163
Additions 63,606 1,831 65,437
Disposals (12,750 ) - (12,750 )
At 31 March 2025 191,667 4,183 195,850
Depreciation
At 1 April 2024 29,833 980 30,813
Charge for year 36,982 817 37,799
Eliminated on disposal (10,361 ) - (10,361 )
At 31 March 2025 56,454 1,797 58,251
Net book value
At 31 March 2025 135,213 2,386 137,599
At 31 March 2024 110,978 1,372 112,350

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 102,930 74,677
Other debtors 15,853 7,655
VAT 1,133 4,325
Prepayments and accrued income 3,815 8,326
123,731 94,983

J C Electrical (Lincs) Limited (Registered number: 13791444)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


7. Creditors: amounts falling due within one year
2025 2024
£    £   
Hire purchase contracts and finance leases 24,547 15,133
Trade creditors 58,924 53,834
Corporation tax 35,195 22,935
Social security and other taxes 5,513 3,731
Other creditors 23,584 1,622
Accruals and deferred income 11,486 5,433
159,249 102,688

8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Hire purchase contracts and finance leases 119,591 83,714

Amounts falling due in more than five years:

Repayable by instalments
Finance leases - 25,062

9. Secured debts

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts and finance leases 144,138 98,847

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100