REGISTERED NUMBER: 09995543 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Sce Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L J Cahill

A B Stokes

REGISTERED OFFICE:

4 Stone Street Court

Stone Street

Hadleigh

Suffolk

IP7 6HY

REGISTERED NUMBER:

09995543 (England and Wales)

ACCOUNTANTS:

Guymer King Limited

4 Stone Street Court

Stone Street

Hadleigh

Suffolk

IP7 6HY

FIXED ASSETS

Intangible assets

4

15,730

6,000

Tangible assets

5

119,770

48,724

135,500

54,724

CURRENT ASSETS

Stocks

12,682

16,495

Debtors

6

446,431

266,798

Cash at bank and in hand

267,136

216,084

726,249

499,377

CREDITORS

Amounts falling due within one year

7

464,166

299,535

NET CURRENT ASSETS

262,083

199,842

TOTAL ASSETS LESS CURRENT LIABILITIES

397,583

254,566

CREDITORS

Amounts falling due after more than one year

8

(66,475

)

(23,593

)

PROVISIONS FOR LIABILITIES

(29,942

)

(12,181

)

NET ASSETS

301,166

218,792

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

301,066

218,692

301,166

218,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 17 November 2025 and were signed on its behalf by:

L J Cahill - Director

A B Stokes - Director

1.	STATUTORY INFORMATION

Sce Electrical 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.

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.

Intangible assets

Intangible assets are patent application fees which are capitalised on the basis that the asset created will have a life of several years. Until the patent is granted the costs are not amortised.

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% Reducing balance basis

Plant and machinery 20% Reducing balance basis

Fixtures and fittings 20% Reducing balance basis

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

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 14 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

6,000

Additions

9,730

At 28 February 2025

15,730

NET BOOK VALUE

At 28 February 2025

15,730

At 29 February 2024

6,000

The intangible assets represent Patent fees which will be amortised once the patents have either been granted or written off as necessary.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

107,310

Additions

110,027

At 28 February 2025

217,337

DEPRECIATION

At 1 March 2024

58,586

Charge for year

38,981

At 28 February 2025

97,567

NET BOOK VALUE

At 28 February 2025

119,770

At 29 February 2024

48,724

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

326,138

221,219

Other debtors

120,293

45,579

446,431

266,798

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

37,964

7,952

Trade creditors

214,791

213,621

Taxation and social security

51,083

28,055

Other creditors

150,328

39,907

464,166

299,535

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

5,833

15,833

Hire purchase contracts

60,642

7,760

66,475

23,593

9.	GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the year end of £104,066 (2024: £31,822).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

L J Cahill

Balance outstanding at start of year

-

-

Amounts advanced

33,678

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,678

-

A B Stokes

Balance outstanding at start of year

-

-

Amounts advanced

32,260

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32,260

-