Whitney's Electrical Limited - Filleted accounts

Registered number

09625079

Whitney's Electrical Limited

Filleted Accounts

30 June 2025

Gray & Company Partners Limited

Chartered Certified Accountants & Registered Auditors

Greensleeves House

Highfield, Banstead

Surrey

SM7 3LJ

Whitney's Electrical Limited
Registered number:		09625079
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		143,660			166,469

Current assets
Debtors	4	333,892			194,597
Cash at bank and in hand		423,874			133,411
		757,766			328,008

Creditors: amounts falling due within one year	5	(562,956)			(228,708)

Net current assets			194,810			99,300

Total assets less current liabilities			338,470			265,769

Creditors: amounts falling due after more than one year	6		-			(10,956)

Provisions for liabilities			-			(5,156)


Net assets			338,470			249,657

Capital and reserves
Called up share capital			200			200
Profit and loss account			338,270			249,457

Shareholders' funds			338,470			249,657

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Whitney
Director
Approved by the board on 20 November 2025

Whitney's Electrical Limited
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery			over 4 years
	Motor Vans			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 July 2024	130,000		376		97,339		227,715
	Additions	-		2,035		-		2,035
	At 30 June 2025	130,000		2,411		97,339		229,750

	Depreciation
	At 1 July 2024	-		376		60,870		61,246
	Charge for the year	-		509		24,335		24,844
	At 30 June 2025	-		885		85,205		86,090

	Net book value
	At 30 June 2025	130,000		1,526		12,134		143,660
	At 30 June 2024	130,000		-		36,469		166,469


4	Debtors					2025		2024
£							£

	Trade debtors					333,892		194,204
	Other debtors					-		393
						333,892		194,597


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,956		10,648
	Trade creditors					150,006		24,245
	Corporation tax					91,756		101,040
	Other taxes and social security costs					84,419		66,956
	Other creditors					225,819		25,819
						562,956		228,708


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		10,956


7	Other information

	Whitney's Electrical Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Greensleeves House
	Highfield
	Banstead
	Surrey
	SM7 3LJ