REGISTERED NUMBER: 02779633 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CURRENT AFFAIRS ELECTRICAL CONTRACTORS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S A Markiewicz

J E Markiewicz

SECRETARY:

J E Markiewicz

REGISTERED OFFICE:

Bartley Mill Oast

Bells Yew Green

Tunbridge Wells

Kent

TN3 8BH

REGISTERED NUMBER:

02779633 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Tangible assets

4

50,685

58,065

CURRENT ASSETS

Debtors

5

2,611,532

1,742,904

Cash at bank

1,160,947

1,950,516

3,772,479

3,693,420

CREDITORS

Amounts falling due within one year

6

(1,805,126

)

(1,536,726

)

NET CURRENT ASSETS

1,967,353

2,156,694

TOTAL ASSETS LESS CURRENT LIABILITIES

2,018,038

2,214,759

CAPITAL AND RESERVES

Called up share capital

7

102

105

Share premium

8

5,489

5,489

Capital redemption reserve

8

9

6

Retained earnings

8

2,012,438

2,209,159

SHAREHOLDERS' FUNDS

2,018,038

2,214,759

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 9 December 2025 and were signed on its behalf by:

S A Markiewicz - Director

1.	STATUTORY INFORMATION

Current Affairs Electrical Contractors 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 15 years

Fixtures and fittings

-

25% on reducing balance

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.

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 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 July 2024

194,189

828

106,894

301,911

Additions

-

-

7,935

7,935

At 30 June 2025

194,189

828

114,829

309,846

DEPRECIATION

At 1 July 2024

164,457

681

78,708

243,846

Charge for year

6,248

37

9,030

15,315

At 30 June 2025

170,705

718

87,738

259,161

NET BOOK VALUE

At 30 June 2025

23,484

110

27,091

50,685

At 30 June 2024

29,732

147

28,186

58,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,355,672

1,569,082

VAT

212,251

129,680

Prepayments

43,609

44,142

2,611,532

1,742,904

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,065,702

734,748

Tax

175,187

210,844

Social security and other taxes

51,176

38,473

Other creditors

320,417

255,751

Directors' current accounts

3,951

3,371

Accrued expenses

188,693

293,539

1,805,126

1,536,726

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

A Ordinary

.01

100

100

200

B Ordinary

.01

2

5

102

105

8.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 July 2024

2,209,159

5,489

6

2,214,654

Profit for the year

499,529

499,529

Purchase of own shares

(31,250

)

-

3

(31,247

)

Capital contributions to

Employee Ownership Trust

(665,000

)

-

-

(665,000

)

At 30 June 2025

2,012,438

5,489

9

2,017,936

9.	RELATED PARTY DISCLOSURES