REGISTERED NUMBER: 00448128 (England and Wales)

J.Taylor (Electrical Contractors)

Limited

Unaudited Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

Paul Hibbert

Secretary:

Hilary Hibbert

Registered office:

590 Tonge Moor Road

Bolton

Greater Manchester

BL2 3BJ

Registered number:

00448128 (England and Wales)

Accountants:

Leach Briely

Craven House

32 Lee Lane

Horwich

Bolton

Greater Manchester

BL6 7BY

Fixed assets

Tangible assets

4

680

906

Current assets

Stocks

8,339

11,939

Debtors

5

79,816

43,436

Cash at bank and in hand

38,069

53,922

126,224

109,297

Creditors

Amounts falling due within one year

6

108,291

71,328

Net current assets

17,933

37,969

Total assets less current liabilities

18,613

38,875

Provisions for liabilities

7

170

227

Net assets

18,443

38,648

Capital and reserves

Called up share capital

8

1,800

1,800

Retained earnings

16,643

36,848

Shareholders' funds

18,443

38,648

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

Paul Hibbert - Director

1.	Statutory information

J.Taylor (Electrical Contractors) 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 receivable for electrical contracting services rendered, net of discounts and Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 5 (2024 - 5 ) .

4.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 February 2024

and 31 January 2025

7,088

6,583

13,671

Depreciation

At 1 February 2024

7,088

5,677

12,765

Charge for year

-

226

226

At 31 January 2025

7,088

5,903

12,991

Net book value

At 31 January 2025

-

680

680

At 31 January 2024

-

906

906

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

66,995

40,761

Other debtors

12,821

2,675

79,816

43,436

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

10,890

6,501

Amounts owed to group undertakings

37,792

43,613

Taxation and social security

17,187

17,242

Other creditors

42,422

3,972

108,291

71,328

7.	Provisions for liabilities

2025

2024

£

£

Deferred tax

170

227

Deferred

tax

£

Balance at 1 February 2024

227

Credit to Statement of Income and Retained Earnings during year

(57

)

Balance at 31 January 2025

170

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,800

Ordinary

1

1,800

1,800