REGISTERED NUMBER: 04545594 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

CORIN DUDLEY ELECTRICAL SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Dudley

D Bulled

V Dudley

SECRETARY:

V Dudley

REGISTERED OFFICE:

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

REGISTERED NUMBER:

04545594 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Tangible assets

4

113,418

141,058

CURRENT ASSETS

Stocks

44,890

63,550

Debtors

5

967,745

438,545

Cash at bank and in hand

547,118

543,743

1,559,753

1,045,838

CREDITORS

Amounts falling due within one year

6

1,074,074

590,593

NET CURRENT ASSETS

485,679

455,245

TOTAL ASSETS LESS CURRENT LIABILITIES

599,097

596,303

CREDITORS

Amounts falling due after more than one year

7

(8,928

)

(29,246

)

PROVISIONS FOR LIABILITIES

(22,723

)

(29,633

)

NET ASSETS

567,446

537,424

CAPITAL AND RESERVES

Called up share capital

10

101

101

Retained earnings

567,345

537,323

SHAREHOLDERS' FUNDS

567,446

537,424

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 2 November 2025 and were signed on its behalf by:

C Dudley - Director

1.	STATUTORY INFORMATION

Corin Dudley Electrical Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 35 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

378,685

Additions

3,706

Disposals

(7,990

)

At 30 April 2025

374,401

DEPRECIATION

At 1 May 2024

237,627

Charge for year

30,546

Eliminated on disposal

(7,190

)

At 30 April 2025

260,983

NET BOOK VALUE

At 30 April 2025

113,418

At 30 April 2024

141,058

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

67,975

DEPRECIATION

At 1 May 2024

21,983

Charge for year

11,498

At 30 April 2025

33,481

NET BOOK VALUE

At 30 April 2025

34,494

At 30 April 2024

45,992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

878,320

312,584

Amounts recoverable on contract

50,788

85,493

Other debtors

38,637

40,468

967,745

438,545

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,517

Hire purchase contracts (see note 8)

10,317

18,113

Trade creditors

133,500

236,875

Amounts owed to group undertakings

84,409

5,586

Taxation and social security

401,457

217,227

Other creditors

434,391

102,275

1,074,074

590,593

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,667

16,667

Hire purchase contracts (see note 8)

2,261

12,579

8,928

29,246

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

10,317

18,113

Between one and five years

2,261

12,579

12,578

30,692

Non-cancellable

operating leases

2025

2024

£

£

Within one year

18,387

-

Between one and five years

44,408

-

62,795

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

12,578

30,692

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary 'A'

£1

50

50

50

Ordinary 'B'

£1

50

50

1

Ordinary 'C'

£1

1

1

101

101

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

C Dudley

Balance outstanding at start of year

-

4,850

Amounts repaid

-

(4,850

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Corin Dudley Electrical Services Holdings Limited by virtue of their majority shareholding.

13.	CONSOLIDATED FINANCIAL STATEMENTS

The company is a wholly owned subsidiary of Corin Dudley Electrical Services Holdings Limited. Corin Dudley Electrical Services Holdings Limited is exempt by virtue of section 399 of The Companies Act 2006 from the requirement to prepare consolidated financial statements. Copies of the financial statements for Corin Dudley Electrical Services Holdings Limited can be obtained from Companies House in the United Kingdom.