REGISTERED NUMBER: 05485064 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

THE ELECTRIC SALVAGE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr R L Ellwood

REGISTERED OFFICE:

4 Kings Row

Armstrong Road

Maidstone

Kent

ME15 6AQ

REGISTERED NUMBER:

05485064 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Investments

4

145,876

145,876

CURRENT ASSETS

Cash at bank

2

2

CREDITORS

Amounts falling due within one year

5

82,843

75,623

NET CURRENT LIABILITIES

(82,841

)

(75,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

63,035

70,255

CAPITAL AND RESERVES

Called up share capital

6

125

125

Retained earnings

62,910

70,130

SHAREHOLDERS' FUNDS

63,035

70,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2025 and were signed by:

Mr R L Ellwood - Director

1.	STATUTORY INFORMATION

The Electric Salvage Group 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

145,876

NET BOOK VALUE

At 30 April 2025

145,876

At 30 April 2024

145,876

The shares in The Electric Salvage Group Limited were acquired for £100.

The shares in Ellwood Ellectrical Wholesalers Limited were acquired for £145,776

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

82,609

75,609

Directors' current accounts

234

14

82,843

75,623

Amounts owed to group undertakings of £45,836 (2024: £38,836) relates to The Electric Salvage Company Limited, a company under common control of the director.

Amounts owed to group undertakings of £36,772 (2024: £36,772) relates to Ellwood Electrical Wholesalers Limited, a company under common control of the director.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

125

Ordinary

£1

125

125

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R L Ellwood.