REGISTERED NUMBER: 08414112 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Gra-bern Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G L N Brown

Mrs H J Brown

REGISTERED OFFICE:

Unit 26 Tweedale Court Industrial Estate

Madeley

Telford

Shropshire

TF7 4JZ

REGISTERED NUMBER:

08414112 (England and Wales)

ACCOUNTANTS:

Tranter Lowe (Oakengates) Limited

Chartered Accountants

International House

6 Market Street

Oakengates

Telford

Shropshire

TF2 6EF

FIXED ASSETS

Tangible assets

4

39,172

45,947

CURRENT ASSETS

Stocks

107,890

91,638

Debtors

5

82,018

111,357

189,908

202,995

CREDITORS

Amounts falling due within one year

6

217,856

224,951

NET CURRENT LIABILITIES

(27,948

)

(21,956

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,224

23,991

CREDITORS

Amounts falling due after more than one year

7

(1,067

)

(12,748

)

PROVISIONS FOR LIABILITIES

(7,443

)

(8,730

)

NET ASSETS

2,714

2,513

CAPITAL AND RESERVES

Called up share capital

8

50

50

Retained earnings

2,664

2,463

SHAREHOLDERS' FUNDS

2,714

2,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

G L N Brown - Director

1.	STATUTORY INFORMATION

Gra-bern 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.

The Company has net current liabilities of £27,948 (2024 £21,956). The directors have confirmed in writing that they will continue to support the operations of the Company for the foreseeable future to enable it to continue as a going concern. On the basis of this support, the directors consider it appropriate to prepare the accounts on a going concern basis.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

50% 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 Statement of Income and Retained Earnings, 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 14 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

12,771

2,057

95,851

15,015

125,694

Additions

2,399

-

-

2,104

4,503

Disposals

-

(500

)

(8,946

)

-

(9,446

)

At 31 July 2025

15,170

1,557

86,905

17,119

120,751

DEPRECIATION

At 1 August 2024

10,248

1,781

52,985

14,733

79,747

Charge for year

584

55

8,239

229

9,107

Eliminated on disposal

-

(446

)

(6,829

)

-

(7,275

)

At 31 July 2025

10,832

1,390

54,395

14,962

81,579

NET BOOK VALUE

At 31 July 2025

4,338

167

32,510

2,157

39,172

At 31 July 2024

2,523

276

42,866

282

45,947

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

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

28,485

DEPRECIATION

At 1 August 2024

7,615

Charge for year

4,174

At 31 July 2025

11,789

NET BOOK VALUE

At 31 July 2025

16,696

At 31 July 2024

20,870

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

72,609

101,437

Other debtors

9,409

9,920

82,018

111,357

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

43,795

37,378

Hire purchase contracts

5,015

7,265

Trade creditors

86,722

57,615

Taxation and social security

31,487

32,891

Other creditors

50,837

89,802

217,856

224,951

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

-

6,667

Hire purchase contracts

1,067

6,081

1,067

12,748

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50

Ordinary

1

50

50