DESL Electrical Contractors Ltd

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Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DESL Electrical Contractors Ltd for the year ended year which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of DESL Electrical Contractors Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DESL Electrical Contractors Ltd and state those matters that we have agreed to state to the director of DESL Electrical Contractors Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that DESL Electrical Contractors Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DESL Electrical Contractors Ltd . You consider that DESL Electrical Contractors Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DESL Electrical Contractors Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Quest Accounting Services

28th October 2025

Quest Accounting Services Limited

Suite 106, The Pinnacle

170 Midsummer Boulevard

Milton Keynes

MK9 1BP

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DESL Electrical Contractors Ltd

Balance Sheet

As At 31 January 2025

Balance Sheet

Registered number: 06051607

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		10,792		6,446

			10,792		6,446
CURRENT ASSETS
Stocks	6	2,000		2,500
Debtors	7	2,526		4,053
Cash at bank and in hand		12,229		11,421

		16,755		17,974
Creditors: Amounts Falling Due Within One Year	8	(16,299 )		(10,851 )

NET CURRENT ASSETS (LIABILITIES)			456		7,123

TOTAL ASSETS LESS CURRENT LIABILITIES			11,248		13,569

Creditors: Amounts Falling Due After More Than One Year	9		(14,545 )		(11,639 )

NET (LIABILITIES)/ASSETS			(3,297 )		1,930

CAPITAL AND RESERVES
Called up share capital	11		10		10
Profit and Loss Account			(3,307 )		1,920

SHAREHOLDERS' FUNDS			(3,297)		1,930

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DESL Electrical Contractors Ltd

Balance Sheet (continued)

As At 31 January 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jamie Duffin

Director

28th October 2025

The notes on pages 4 to 6 form part of these financial statements.

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DESL Electrical Contractors Ltd

Notes to the Financial Statements

For The Year Ended 31 January 2025

Notes to the Financial Statements

1. General Information

DESL Electrical Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06051607 . The registered office is 77 Riverdale, Farnham, Surrey, GU10 4QT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Motor Vehicles	25% Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the 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.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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DESL Electrical Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2024	30,900

As at 31 January 2025	30,900

Amortisation
As at 1 February 2024	30,900

As at 31 January 2025	30,900

Net Book Value
As at 31 January 2025	-

As at 1 February 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2024	16,012	8,200	24,212
Additions	335	12,945	13,280
Disposals	-	(8,200 )	(8,200 )

As at 31 January 2025	16,347	12,945	29,292

Depreciation
As at 1 February 2024	15,716	2,050	17,766
Provided during the period	195	2,589	2,784
Disposals	-	(2,050 )	(2,050 )

As at 31 January 2025	15,911	2,589	18,500

Net Book Value
As at 31 January 2025	436	10,356	10,792

As at 1 February 2024	296	6,150	6,446

6. Stocks

	2025	2024
	£	£
Stock	2,000	-
Materials	-	2,500

	2,000	2,500

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,526	4,053

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DESL Electrical Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,823	-
Bank loans and overdrafts	5,091	4,966
Other taxes and social security	12	-
VAT	3,268	1,524
Other creditors	456	361
Pensions	37	37
Director's loan account	4,612	3,963

	16,299	10,851

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,997	-
Bank loans	6,548	11,639

	14,545	11,639

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,823	-
Later than one year and not later than five years	7,997	-

	10,820	-

	10,820	-

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

12. Related Party Transactions

At the balance sheet date, the company owed its directors £4,612 (2024: £3,963). This loan is unsecured, interest free and has no fixed repayment terms.

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