REGISTERED NUMBER: 10400039 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINLEIGH ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A L Barton

SECRETARY:

Mrs F H Watson

REGISTERED OFFICE:

33 Harrow Road

Whitnash

Leamington Spa

CV31 2JD

REGISTERED NUMBER:

10400039 (England and Wales)

ACCOUNTANTS:

Michael Harwood & Co

Chartered Accountants

Greville House

10 Jury Street

Warwick

Warwickshire

CV34 4EW

FIXED ASSETS

Intangible assets

4

21,000

31,500

Tangible assets

5

77,502

55,801

98,502

87,301

CURRENT ASSETS

Debtors

6

98,592

188,076

Cash at bank and in hand

442,300

205,224

540,892

393,300

CREDITORS

Amounts falling due within one year

7

198,441

177,565

NET CURRENT ASSETS

342,451

215,735

TOTAL ASSETS LESS CURRENT LIABILITIES

440,953

303,036

CREDITORS

Amounts falling due after more than one year

8

(3,036

)

(15,116

)

PROVISIONS FOR LIABILITIES

9

(19,252

)

(13,799

)

NET ASSETS

418,665

274,121

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

418,565

274,021

SHAREHOLDERS' FUNDS

418,665

274,121

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

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

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

Mr A L Barton - Director

1.	STATUTORY INFORMATION

Linleigh Electrical 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.

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 2017, is being amortised evenly over its estimated useful life of ten years.

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

-

33.33% on cost

Fixtures and fittings

-

33.33% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

33.33% on cost

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.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

105,000

AMORTISATION

At 1 April 2024

73,500

Charge for year

10,500

At 31 March 2025

84,000

NET BOOK VALUE

At 31 March 2025

21,000

At 31 March 2024

31,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

8,341

2,799

100,197

5,386

116,723

Additions

2,358

-

37,495

2,608

42,461

Disposals

-

-

(8,183

)

(142

)

(8,325

)

At 31 March 2025

10,699

2,799

129,509

7,852

150,859

DEPRECIATION

At 1 April 2024

5,180

2,570

51,669

1,503

60,922

Charge for year

2,285

229

13,564

2,134

18,212

Eliminated on disposal

-

-

(5,635

)

(142

)

(5,777

)

At 31 March 2025

7,465

2,799

59,598

3,495

73,357

NET BOOK VALUE

At 31 March 2025

3,234

-

69,911

4,357

77,502

At 31 March 2024

3,161

229

48,528

3,883

55,801

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

18,300

DEPRECIATION

At 1 April 2024

8,006

Charge for year

2,574

At 31 March 2025

10,580

NET BOOK VALUE

At 31 March 2025

7,720

At 31 March 2024

10,294

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

80,888

173,293

Other debtors

17,704

14,783

98,592

188,076

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

8,128

7,926

Hire purchase contracts

3,750

3,750

Trade creditors

38,374

65,789

Tax

78,234

48,227

Social security and other taxes

12,889

13,828

VAT

33,163

25,149

Other creditors

10,751

9,547

Directors' current accounts

621

259

Accrued expenses

12,531

3,090

198,441

177,565

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

3,036

11,366

Hire purchase contracts

-

3,750

3,036

15,116

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

19,252

13,799

Deferred

tax

£

Balance at 1 April 2024

13,799

Charge to Statement of Income and Retained Earnings during year

5,453

Balance at 31 March 2025

19,252

10.

RESERVES

Retained

earnings

£

At 1 April 2024

274,021

Profit for the year

240,544

Dividends

(96,000

)

At 31 March 2025

418,565