D.O.R. Electrical Limited - Filleted accounts

Registered number

07509539

D.O.R. Electrical Limited

Filleted Accounts

31 March 2025

D.O.R. Electrical Limited
Registered number:		07509539
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		121,831			102,389

Current assets
Stocks		292,421			258,839
Debtors	5	637,976			622,577
Cash at bank and in hand		1,066,664			1,045,729
		1,997,061			1,927,145

Creditors: amounts falling due within one year	6	(597,875)			(584,919)

Net current assets			1,399,186			1,342,226

Total assets less current liabilities			1,521,017			1,444,615


Provisions for liabilities			(25,297)			(20,043)


Net assets			1,495,720			1,424,572

Capital and reserves
Called up share capital			715,100			715,100
Profit and loss account			780,620			709,472

Shareholders' funds			1,495,720			1,424,572

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Dart
Director
Approved by the board on 16 December 2025

D.O.R. Electrical Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 8 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			26		24


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					89,673
	At 31 March 2025					89,673

	Amortisation
	At 1 April 2024					89,673
	At 31 March 2025					89,673

	Net book value
	At 31 March 2025					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	219,397		185,612		405,009
	Additions	-		56,986		56,986
	Disposals	-		(12,100)		(12,100)
	At 31 March 2025	219,397		230,498		449,895

	Depreciation
	At 1 April 2024	181,017		121,603		302,620
	Charge for the year	5,757		29,736		35,493
	On disposals	-		(10,049)		(10,049)
	At 31 March 2025	186,774		141,290		328,064

	Net book value
	At 31 March 2025	32,623		89,208		121,831
	At 31 March 2024	38,380		64,009		102,389


5	Debtors			2025		2024
£					£

	Trade debtors			609,664		586,824
	Other debtors			28,312		35,753
				637,976		622,577


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			358,928		363,842
	Taxation and social security costs			168,285		144,437
	Other creditors			70,662		76,640
				597,875		584,919


7	Pension commitments

	The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable to the fund and amounted to £118,156 (2024 - £97,173). There were no contributions outstanding or prepaid at the year end.


8	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			7,862		12,246


9	Related party transactions

	Brought forward loans received from a member of key management personnel amounting to £52,130. The loan is interest free and repayable on demand. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.


10	Controlling party

	The company was under control of Mr R Dart throughout the period under review.


11	Other information

	D.O.R. Electrical Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Carrwood Road
	Sheepbridge
	Chesterfield
	Derbyshire
	S41 9QB