Registration number: 03731725

R.K. Electrical (Bradford) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

R.K. Electrical (Bradford) Limited

Balance Sheet

as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	120,986	45,216
Current assets
Stocks		1,500	1,500
Debtors	5	227,651	289,258
Cash at bank and in hand		353,542	413,392
		582,693	704,150
Creditors: Amounts falling due within one year	6	(306,529)	(380,352)
Net current assets		276,164	323,798
Total assets less current liabilities		397,150	369,014
Creditors: Amounts falling due after more than one year	6	(34,752)	(9,149)
Provisions for liabilities		(22,987)	(11,304)
Net assets		339,411	348,561
Capital and reserves
Allotted, called up and fully paid share capital		200	200
Profit and loss account		339,211	348,361
Shareholders' funds		339,411	348,561

Registration number: 03731725

R.K. Electrical (Bradford) Limited

Balance Sheet

as at 31 May 2025 (continued)

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 15 October 2025 and signed on its behalf by:
 

......................................... Mr A S English Company secretary and director

R.K. Electrical (Bradford) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 May 2025

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 03731725.

The address of its registered office is:
Britannia Buildings
Reservoir Road
Halifax
West Yorkshire
HX2 0ET

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

R.K. Electrical (Bradford) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 May 2025 (continued)

2	Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% per annum on a reducing balance basis
Fixtures, fittings and equipment	10% per annum on a reducing balance basis and 25% per annum on a straight line basis
Motor vehicles	25% per annum on a reducing balance basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

R.K. Electrical (Bradford) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 May 2025 (continued)

2	Accounting policies (continued)

Leases

Rentals in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Hire purchase agreements are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are capitalised and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 11 (2024 - 11).

R.K. Electrical (Bradford) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 May 2025 (continued)

4	Tangible assets

	Fixtures, fittings and equipment  £	Motor vehicles  £	Plant and machinery  £	Total £
Cost
At 1 June 2024	10,436	116,770	4,359	131,565
Additions	2,269	110,181	1,263	113,713
Disposals	(2,704)	(42,381)	-	(45,085)
At 31 May 2025	10,001	184,570	5,622	200,193
Depreciation
At 1 June 2024	7,870	75,233	3,246	86,349
Charge for the year	372	30,444	118	30,934
Eliminated on disposal	(2,022)	(36,054)	-	(38,076)
At 31 May 2025	6,220	69,623	3,364	79,207
Net book value
At 31 May 2025	3,781	114,947	2,258	120,986
At 31 May 2024	2,566	41,537	1,113	45,216

5

Debtors

Current	2025 £	2024 £
Trade debtors	206,984	259,630
Prepayments	20,344	22,774
Other debtors	323	6,854
	227,651	289,258

R.K. Electrical (Bradford) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 May 2025 (continued)

6

Creditors

	2025 £	2024 £
Due within one year
Finance lease liabilities	28,004	8,231
Trade creditors	92,360	104,653
Taxation and social security	7,523	4,246
Other creditors	96,422	1,635
Accruals	15,067	14,582
Corporation tax	474	71,104
Directors' loan accounts	66,679	175,901
	306,529	380,352
Due after one year
Finance lease liabilities	34,752	9,149

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £748 (2024 - £1,564).