Unaudited Financial Statements

for the Year Ended 31 March 2025

for

CES Lighting & Electrical Specialists

LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

R S P Slessenger

G D Ashworth

C F Smith

REGISTERED OFFICE:

Crusader Hall

25c Stanley Park Road

Wallington

Surrey

SM6 0HL

REGISTERED NUMBER:

OC404403 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

104,334

125,840

CURRENT ASSETS

Stocks

5

46,729

109,111

Debtors

6

157,600

218,070

Cash at bank

203,964

135,593

408,293

462,774

CREDITORS

Amounts falling due within one year

7

167,282

174,783

NET CURRENT ASSETS

241,011

287,991

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

345,345

413,831

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

345,345

413,831

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

345,345

413,831

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 4 December 2025 and were signed by:

R S P Slessenger - Designated member

G D Ashworth - Designated member

1.	STATUTORY INFORMATION

CES Lighting & Electrical Specialists LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Improvements to property

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 17 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

6,297

4,877

199,661

24,038

234,873

Additions

-

-

12,913

-

12,913

At 31 March 2025

6,297

4,877

212,574

24,038

247,786

DEPRECIATION

At 1 April 2024

6,297

3,936

85,555

13,245

109,033

Charge for year

-

235

31,486

2,698

34,419

At 31 March 2025

6,297

4,171

117,041

15,943

143,452

NET BOOK VALUE

At 31 March 2025

-

706

95,533

8,095

104,334

At 31 March 2024

-

941

114,106

10,793

125,840

5.

STOCKS

2025

2024

£

£

Work-in-progress

46,729

109,111

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

150,505

204,630

Prepayments

7,095

13,440

157,600

218,070

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

45,841

76,141

Social security and other taxes

8,131

14,798

Pension fund

15,930

906

VAT

57,637

39,905

Accrued expenses

39,743

43,033

167,282

174,783

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

345,345

413,831

Falling due within one year

345,345

413,831

Loans and other debts due to members is working capital and retained profits due to members that has been retained in the business for operating activities.