REGISTERED NUMBER: 10294815 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

JLEE Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Leeson

REGISTERED OFFICE:

11 The Furlongs

Market Rasen

Lincolnshire

LN8 3DF

REGISTERED NUMBER:

10294815 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

21,031

10,149

CURRENT ASSETS

Debtors

5

3,710

10,330

Cash at bank

9,494

3,013

13,204

13,343

CREDITORS

Amounts falling due within one year

6

11,879

15,086

NET CURRENT ASSETS/(LIABILITIES)

1,325

(1,743

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,356

8,406

CREDITORS

Amounts falling due after more than one year

7

(13,496

)

(5,207

)

PROVISIONS FOR LIABILITIES

(3,924

)

(1,858

)

NET ASSETS

4,936

1,341

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,836

1,241

SHAREHOLDERS' FUNDS

4,936

1,341

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

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

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

J Leeson - Director

1.	STATUTORY INFORMATION

JLEE Electrical Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

4,620

18,150

2,933

25,703

Additions

-

17,949

-

17,949

At 31 July 2025

4,620

36,099

2,933

43,652

DEPRECIATION

At 1 August 2024

2,455

10,344

2,755

15,554

Charge for year

541

6,439

87

7,067

At 31 July 2025

2,996

16,783

2,842

22,621

NET BOOK VALUE

At 31 July 2025

1,624

19,316

91

21,031

At 31 July 2024

2,165

7,806

178

10,149

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

17,949

At 31 July 2025

17,949

DEPRECIATION

Charge for year

4,487

At 31 July 2025

4,487

NET BOOK VALUE

At 31 July 2025

13,462

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

2,000

5,370

Other debtors

-

3,250

Tax

1,710

1,710

3,710

10,330

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

-

4,121

Hire purchase contracts

2,474

-

Tax

7,837

9,739

Social security and other taxes

75

-

VAT

677

-

Directors' current accounts

66

576

Accrued expenses

750

650

11,879

15,086

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other loans - 2-5 years

-

5,207

Hire purchase contracts

13,496

-

13,496

5,207

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director. At the year end the company owed the director £66, (2024, £576).