REGISTERED NUMBER: 04609033 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

PJC Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Carnell

SECRETARY:

Mrs J Carnell

REGISTERED OFFICE:

Suite 1, Honeywood House

Honeywood Road

Whitfield

Dover

Kent

CT16 3EH

REGISTERED NUMBER:

04609033 (England and Wales)

ACCOUNTANTS:

Beverton & Co.

Chartered Accountants

Maybrook House

York Street

Dover

Kent

CT17 9FA

FIXED ASSETS

Tangible assets

4

233,679

7,436

CURRENT ASSETS

Debtors

5

337,839

535,172

Cash at bank

47,727

51,285

385,566

586,457

CREDITORS

Amounts falling due within one year

6

202,196

309,926

NET CURRENT ASSETS

183,370

276,531

TOTAL ASSETS LESS CURRENT LIABILITIES

417,049

283,967

CREDITORS

Amounts falling due after more than one year

7

(157,188

)

-

PROVISIONS FOR LIABILITIES

(1,079

)

(1,413

)

NET ASSETS

258,782

282,554

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

258,780

282,552

SHAREHOLDERS' FUNDS

258,782

282,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

P J Carnell - Director

1.	STATUTORY INFORMATION

PJC 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.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 20% on cost

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 13 (2023 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

-

51,608

51,608

Additions

228,000

365

228,365

At 31 December 2024

228,000

51,973

279,973

DEPRECIATION

At 1 January 2024

-

44,172

44,172

Charge for year

-

2,122

2,122

At 31 December 2024

-

46,294

46,294

NET BOOK VALUE

At 31 December 2024

228,000

5,679

233,679

At 31 December 2023

-

7,436

7,436

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

322,835

410,506

Other debtors

15,004

124,666

337,839

535,172

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

16,803

27,051

Trade creditors

88,696

108,301

Taxation and social security

28,145

76,719

Other creditors

68,552

97,855

202,196

309,926

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Other creditors

157,188

-