REGISTERED NUMBER: 11811046 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Judge Electrical Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

H A Judge

SECRETARY:

REGISTERED OFFICE:

The Hive Self Storage Work Room 31

Sloswicke Drive

Retford

DN22 7WQ

REGISTERED NUMBER:

11811046 (England and Wales)

ACCOUNTANTS:

ASAP Accountants & Business Advisors Ltd

Room 206, Mercury House

Willoughton Drive

Foxby Lane Business Park

Gainsborough

Lincolnshire

DN21 1DY

FIXED ASSETS

Intangible assets

4

6,000

7,200

Tangible assets

5

20,580

26,550

26,580

33,750

CURRENT ASSETS

Stocks

-

612

Debtors

6

36,447

78,493

Cash at bank

17,305

7,321

53,752

86,426

CREDITORS

Amounts falling due within one year

7

52,064

45,498

NET CURRENT ASSETS

1,688

40,928

TOTAL ASSETS LESS CURRENT LIABILITIES

28,268

74,678

CREDITORS

Amounts falling due after more than one year

8

3,250

5,654

NET ASSETS

25,018

69,024

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

25,017

69,023

25,018

69,024

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 director acknowledges his 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 director and authorised for issue on 10 November 2025 and were signed by:

H A Judge - Director

1.	STATUTORY INFORMATION

Judge Electrical Solutions 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, 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.

Plant and machinery

-

25% on reducing balance

Equipment

-

33% on cost

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 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

12,000

AMORTISATION

At 1 March 2024

4,800

Charge for year

1,200

At 28 February 2025

6,000

NET BOOK VALUE

At 28 February 2025

6,000

At 29 February 2024

7,200

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 March 2024

6,622

40,295

5,603

52,520

Additions

615

-

816

1,431

At 28 February 2025

7,237

40,295

6,419

53,951

DEPRECIATION

At 1 March 2024

3,613

17,629

4,728

25,970

Charge for year

906

5,667

828

7,401

At 28 February 2025

4,519

23,296

5,556

33,371

NET BOOK VALUE

At 28 February 2025

2,718

16,999

863

20,580

At 29 February 2024

3,009

22,666

875

26,550

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

25,835

58,970

Other debtors

10,612

19,523

36,447

78,493

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

3,000

3,283

Trade creditors

25,191

19,664

Tax

4,363

9,181

Social security and other taxes

1,213

2,492

VAT

4,370

2,315

Other creditors

13,456

8,156

Directors' current accounts

471

407

52,064

45,498

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans - 1-2 years

3,000

3,283

Bank loans - 2-5 years

250

2,371

3,250

5,654

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Bank loans

6,250

8,937