REGISTERED NUMBER: 02086903 (England and Wales)

Eastern Transformers & Equipment Limited

Unaudited Financial Statements

For The Year Ended 30th June 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

R Tapping

Mrs J E Tapping

Mrs L Tapping

Mrs H Bayes

SECRETARY:

Mrs J E Tapping

REGISTERED OFFICE:

Unit H1, Overland Business Park

Sudbury Road

Great Whelnetham

Bury St Edmunds

Suffolk

IP30 0UL

REGISTERED NUMBER:

02086903 (England and Wales)

ACCOUNTANTS:

John Phillips & Co Limited

Accountants

Unit 81 Centaur Court

Claydon Business Park

Gt. Blakenham

Ipswich

Suffolk

IP6 0NL

FIXED ASSETS

Tangible assets

4

263,643

142,132

CURRENT ASSETS

Stocks

5

388,509

473,110

Debtors

6

557,947

564,564

Cash at bank

12,148

8,647

958,604

1,046,321

CREDITORS

Amounts falling due within one year

7

355,387

505,313

NET CURRENT ASSETS

603,217

541,008

TOTAL ASSETS LESS CURRENT LIABILITIES

866,860

683,140

CAPITAL AND RESERVES

Called up share capital

8

3,704

3,704

Revaluation reserve

9

61,488

61,488

Retained earnings

9

801,668

617,948

SHAREHOLDERS' FUNDS

866,860

683,140

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 1st October 2025 and were signed on its behalf by:

Mrs H Bayes - Director

1.	STATUTORY INFORMATION

Eastern Transformers & Equipment 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 as modified by the revaluation of certain assets.

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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 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 16 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1st July 2024

70,000

563,253

56,244

56,982

746,479

Additions

-

124,022

2,872

33,386

160,280

At 30th June 2025

70,000

687,275

59,116

90,368

906,759

DEPRECIATION

At 1st July 2024

-

502,992

48,309

53,046

604,347

Charge for year

-

15,852

8,658

10,758

35,268

Eliminated on disposal

-

-

3,501

-

3,501

At 30th June 2025

-

518,844

60,468

63,804

643,116

NET BOOK VALUE

At 30th June 2025

70,000

168,431

(1,352

)

26,564

263,643

At 30th June 2024

70,000

60,261

7,935

3,936

142,132

Cost or valuation at 30th June 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2019

-

30,604

-

-

30,604

Valuation in 2020

-

30,884

-

-

30,884

Cost

70,000

625,787

59,116

90,368

845,271

70,000

687,275

59,116

90,368

906,759

5.

STOCKS

2025

2024

£

£

Stocks

388,509

473,110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

522,908

538,503

VAT

35,039

26,061

557,947

564,564

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,217

19,217

Trade creditors

294,846

232,216

Credit card

(2,054

)

(1,198

)

Tax

109,607

124,103

Social security and other taxes

24,603

22,410

Factoring Creditor

(89,832

)

108,565

355,387

505,313

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3,700

Ordinary "A" voting

£1

3,700

3,700

1

Ordinary "B" non voting

£1

1

1

1

Ordinary "C" non voting

£1

1

1

2

Ordinary "D" non-voting

£1

2

2

3,704

3,704

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1st July 2024

617,948

61,488

679,436

Profit for the year

424,911

-

424,911

Dividends

(241,191

)

-

(241,191

)

At 30th June 2025

801,668

61,488

863,156