REGISTERED NUMBER: 05234284 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Electic Enterprises Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Ambler

Mrs C E Ambler

SECRETARY:

Mrs C E Ambler

REGISTERED OFFICE:

Sheepcote Barn 23 Blackmoor Lane

Bardsey

Leeds

LS17 9DY

REGISTERED NUMBER:

05234284 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

2,515

3,170

Investment property

5

715,000

628,000

717,515

631,170

CURRENT ASSETS

Debtors

6

25,598

12,602

Cash at bank

84,071

42,265

109,669

54,867

CREDITORS

Amounts falling due within one year

7

548,745

528,947

NET CURRENT LIABILITIES

(439,076

)

(474,080

)

TOTAL ASSETS LESS CURRENT LIABILITIES

278,439

157,090

PROVISIONS FOR LIABILITIES

22,379

793

NET ASSETS

256,060

156,297

CAPITAL AND RESERVES

Called up share capital

8

8

Retained earnings

256,052

156,289

256,060

156,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 3 December 2025 and were signed on its behalf by:

M A Ambler - Director

1.	STATUTORY INFORMATION

Electic Enterprises Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover in relation to the investment property represents rental income received.

Turnover in relation to the consultancy activities represents net invoiced sales of services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

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

-

33% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2024

18,620

13,084

-

31,704

Additions

-

-

300

300

Disposals

(15,258

)

-

-

(15,258

)

At 30 September 2025

3,362

13,084

300

16,746

DEPRECIATION

At 1 October 2024

16,368

12,166

-

28,534

Charge for year

743

138

74

955

Eliminated on disposal

(15,258

)

-

-

(15,258

)

At 30 September 2025

1,853

12,304

74

14,231

NET BOOK VALUE

At 30 September 2025

1,509

780

226

2,515

At 30 September 2024

2,252

918

-

3,170

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

628,000

Revaluations

87,000

At 30 September 2025

715,000

NET BOOK VALUE

At 30 September 2025

715,000

At 30 September 2024

628,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2023

(106,842

)

Valuation in 2025

87,000

Cost

734,842

715,000

If investment property had not been revalued it would have been included at the following historical cost:

30.9.25

30.9.24

£

£

Cost

734,842

734,842

Investment property was valued on an open market basis on 30 September 2024 by an external valuer. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

24,571

11,581

Other debtors

1,027

1,021

25,598

12,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

6,495

873

Taxation and social security

20,995

5,745

Other creditors

521,255

522,329

548,745

528,947