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REGISTERED NUMBER: 05041081 (England and Wales)

N S Lowe (Electrical Contractors)

Limited

Unaudited Financial Statements for the Year Ended 31 May 2025

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| N S Lowe (Electrical Contractors) |

| Limited |

Company Information

for the Year Ended 31 May 2025

| Directors: | N S Lowe

| G M Lowe

| Secretary: | G M Lowe

| Registered office: | 4 Hackney Close

| Radcliffe

| Lancashire

| M26 4UG

| Registered number: | 05041081 (England and Wales)

| Accountants: | Leach Briely

| Craven House

| 32 Lee Lane

| Horwich

| Bolton

| Greater Manchester

| BL6 7BY

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Statement of Financial Position

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Intangible assets | 4 | 28,000 |  | 32,000 |  |

Tangible assets | 5 | 61 |  | 81 |  |

28,061 |  | 32,081 |  |

Current assets

Stocks | 927 |  | 925 |  |

Debtors | 6 | 11,266 |  | 3,997 |  |

12,193 |  | 4,922 |  |

Creditors

Amounts falling due within one year | 7 | 50,779 |  | 59,001 |  |

Net current liabilities | (38,586 | ) | (54,079 | ) |

Total assets less current liabilities | (10,525 | ) | (21,998 | ) |

Creditors

Amounts falling due after more than one year | 8 | 484 |  | 1,934 |  |

Net liabilities | (11,009 | ) | (23,932 | ) |

Capital and reserves

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | (11,109 | ) | (24,032 | ) |

Shareholders' funds | (11,009 | ) | (23,932 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Statement of Financial Position - continued

31 May 2025

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 Board of Directors and authorised for issue on 4 October 2025 and were signed on its behalf by:

N S Lowe - Director

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | Statutory information

| N S Lowe (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 represents the total invoice value, excluding value added tax, of electrical contracting services provided by the company during the year.

| Goodwill

| Goodwill is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 measured at estimated cost.

| 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.

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | Accounting policies - continued

| 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.

| Going concern

| The company continues to rely upon the ongoing financial support of its creditors, particularly its bankers and directors to facilitate a continuation of its trading activity. The directors are therefore able to prepare the financial statements on the basis of the going concern concept.

3. | Employees and directors

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | Intangible fixed assets

| Goodwill

£ |

| Cost

| At 1 June 2024

| and 31 May 2025 | 40,000 |  |

| Amortisation

| At 1 June 2024 | 8,000 |  |

| Amortisation for year | 4,000 |  |

| At 31 May 2025 | 12,000 |  |

| Net book value

| At 31 May 2025 | 28,000 |  |

| At 31 May 2024 | 32,000 |  |

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

5. | Tangible fixed assets

| Motor

| vehicles

£ |

| Cost

| At 1 June 2024

| and 31 May 2025 | 1,800 |  |

| Depreciation

| At 1 June 2024 | 1,719 |  |

| Charge for year | 20 |  |

| At 31 May 2025 | 1,739 |  |

| Net book value

| At 31 May 2025 | 61 |  |

| At 31 May 2024 | 81 |  |

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 9,800 |  | 3,182 |  |

| Other debtors | 1,466 |  | 815 |  |

11,266 |  | 3,997 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 2,799 |  | 8,156 |  |

| Trade creditors | 9,035 |  | 4,664 |  |

| Taxation and social security | 1,382 |  | - |  |

| Other creditors | 37,563 |  | 46,181 |  |

50,779 |  | 59,001 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | 484 |  | 1,934 |  |

| N S Lowe (Electrical Contractors) |

| Limited (Registered number: 05041081) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

9. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |