REGISTERED NUMBER: 13157922 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

LIS Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B S Knight

D Fry

REGISTERED OFFICE:

1434 London Road

Leigh on Sea

Essex

SS9 2UL

REGISTERED NUMBER:

13157922 (England and Wales)

ACCOUNTANTS:

Butlers Chartered Accountants

1434 London Road

Leigh on Sea

Essex

SS9 2UL

FIXED ASSETS

Tangible assets

4

39,584

894

CURRENT ASSETS

Debtors

5

283,167

109,591

Cash at bank and in hand

137,091

37,260

420,258

146,851

CREDITORS

Amounts falling due within one year

6

264,078

124,602

NET CURRENT ASSETS

156,180

22,249

TOTAL ASSETS LESS CURRENT LIABILITIES

195,764

23,143

PROVISIONS FOR LIABILITIES

9,896

170

NET ASSETS

185,868

22,973

CAPITAL AND RESERVES

Called up share capital

4

2

Retained earnings

185,864

22,971

SHAREHOLDERS' FUNDS

185,868

22,973

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

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

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 20 March 2025 and were signed on its behalf by:

D Fry - Director

1.	STATUTORY INFORMATION

LIS Electrical 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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

-

-

1,118

1,118

Additions

726

45,000

2,803

48,529

At 31 January 2025

726

45,000

3,921

49,647

DEPRECIATION

At 1 February 2024

-

-

224

224

Charge for year

145

9,000

694

9,839

At 31 January 2025

145

9,000

918

10,063

NET BOOK VALUE

At 31 January 2025

581

36,000

3,003

39,584

At 31 January 2024

-

-

894

894

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

163,701

88,255

Other debtors

119,466

21,336

283,167

109,591

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

32,180

57,889

Taxation and social security

130,876

34,377

Other creditors

101,022

32,336

264,078

124,602

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party of this company.