REGISTERED NUMBER: 00761378 (England and Wales)

Strategic Report, Directors' Report and

Audited Financial Statements for the Year Ended 31 March 2025

for

J.A. Richardson (Electrical) Limited

Page

Company Information

1

Strategic Report

2

Directors' Report

4

Report of the Independent Auditors

6

Statement of Comprehensive Income

10

Statement of Financial Position

11

Statement of Changes in Equity

12

Notes to the Financial Statements

13

DIRECTORS:

Mr L Richardson

Mrs E A Richardson

Mr R I Armstrong

Mr N Richardson

SECRETARY:

Mrs E A Richardson

REGISTERED OFFICE:

37 St Michaels Lane

Leeds

LS6 3BR

REGISTERED NUMBER:

00761378 (England and Wales)

INDEPENDENT AUDITORS:

SMH Group Audit

Statutory Auditors

5 Westbrook Court

Sharrow Vale Road

Sheffield

South Yorkshire

S11 8YZ

The directors present their strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

The results for the year, as set out in pages 9 to 21 show a profit before tax of £1,928,565 (2024 - £427,369) with

reported shareholders’ funds of £3,091,923 (2024 - £2,716,391).

Company activities

The company offers electrical engineering and contracting services to a wide range of clients across various sectors.

Clients include large public limited companies, public sector organizations, and owner-managed businesses.

By delivering managed engineering solutions and maintaining installation standards while keeping prices competitive, the company has established ongoing relationships with clients, resulting in a high rate of repeat business.

Extensive industry experience has provided a thorough understanding of commercial and engineering risks associated with these operations. This informs decision-making regarding strategic objectives and supports continued provision of service levels to clients.

The company continues its apprentice training program to support skill development, culture, and values necessary for maintaining technical, installation, and service standards.

Strategy

Our strategy is to uphold excellent service while managing costs to remain agile in changing markets.

We prioritise minimising exposure to unnecessary commercial or engineering risks.

We hold certifications and accreditations from ECA, JIB, NICEIC, Construction Line (Gold), Safe Contractor, Acclaim SSIPs, and operate an NQA-certified ISO9001 quality management system.

PRINCIPAL RISKS AND UNCERTAINTIES

UK economic conditions affect our workload and profitability, with tighter margins during slow growth or recession. We manage this by targeting niche sectors less affected by broader economic trends.

Some sales rely on government investment; potential spending cuts could impact us. However, we maintain flexibility to adapt quickly as needed.

FUTURE DEVELOPMENTS

Economic uncertainty in the UK is likely to influence our sales and profitability next year. We aim to reduce risk by strengthening current partnerships and exploring new opportunities within our expertise.

KEY PERFORMANCE INDICATORS

Set out below are the KPI's considered key to the company:

2025

2024

Turnover

15,134,136

9,804,037

Annual growth/(fall) in turnover

54.5%

-31.8%

Gross profit

3,790,277

2,063,836

Shareholders' funds

3,091,923

2,716,391

ON BEHALF OF THE BOARD:

Mr N Richardson - Director

15 December 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of electrical contractors.

DIVIDENDS

The results for the year are set out on page 10.

Ordinary dividends were paid amounting to £1,180,478. The directors do not recommend payment of a further dividend.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr L Richardson

Mrs E A Richardson

Mr R I Armstrong

Mr N Richardson

DIRECTORS' RESPONSIBILITIES STATEMENT

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

Under section 487(2) of the Companies Act 2006, Sutton McGrath Hartley Accountants Limited will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

ON BEHALF OF THE BOARD:

Mr N Richardson - Director

15 December 2025

Opinion

We have audited the financial statements of J.A. Richardson (Electrical) Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Directors' Report, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our assessment of the susceptibility to material misstatement, whether by fraud or error, is made in a risk based approach.

In this approach, laws and regulations applicable to the entity, such as the Companies Act 2006, United Kingdom Generally Accepted Accounting Practice including Financial Reporting Standard 102, the relevant tax compliance regulations within the UK, employment law, and Health and Safety law is considered, and the policies and controls the entity has in place to comply with these laws are reviewed, by discussion, reviews of correspondence and registrations monitored by external bodies. The engagement team remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Policies and controls relating to the risk of material misstatement as a result of fraud are also considered. These are assessed by obtaining an understanding of the company's operations and control environment. The policies and controls have been reviewed by discussion, review and sample testing of accounting entries, challenging assumptions and judgements, reviewing and evaluating related parties transactions, and wider background searches. Testing of income recognition and cut off, carrying value of assets, and consolidation adjustments is also completed.

We have ensured that the engagement team have appropriate levels of competence and experience to effectively monitor these risks and carry out work relevant to our assessment of each risk, including consideration of the industry the company operates in and its size and complexity.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Other matters

The financial statements for the company for the year ended 31 March 2024 were audited by another auditor who expressed an unmodified opinion on those financial statements on 19 August 2024.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

James Salim FCCA (Senior Statutory Auditor)

for and on behalf of SMH Group Audit

Statutory Auditors

5 Westbrook Court

Sharrow Vale Road

Sheffield

South Yorkshire

S11 8YZ

17 December 2025

TURNOVER

4

15,134,136

9,804,037

Cost of sales

11,343,859

7,740,201

GROSS PROFIT

3,790,277

2,063,836

Administrative expenses

1,892,324

1,705,889

1,897,953

357,947

Other operating income

8,275

-

OPERATING PROFIT

6

1,906,228

357,947

Interest receivable and similar income

7

21,554

77,433

1,927,782

435,380

Interest payable and similar expenses

8

(783

)

8,011

PROFIT BEFORE TAXATION

1,928,565

427,369

Tax on profit

9

372,555

5,630

PROFIT FOR THE FINANCIAL YEAR

1,556,010

421,739

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,556,010

421,739

FIXED ASSETS

Tangible assets

12

418,301

386,956

CURRENT ASSETS

Stocks

13

18,512

14,990

Debtors

14

4,607,148

3,322,728

Cash at bank

2,133,331

1,254,754

6,758,991

4,592,472

CREDITORS

Amounts falling due within one year

15

3,984,929

2,172,577

NET CURRENT ASSETS

2,774,062

2,419,895

TOTAL ASSETS LESS CURRENT LIABILITIES

3,192,363

2,806,851

PROVISIONS FOR LIABILITIES

17

100,440

90,460

NET ASSETS

3,091,923

2,716,391

CAPITAL AND RESERVES

Called up share capital

18

15,003

15,003

Retained earnings

3,076,920

2,701,388

SHAREHOLDERS' FUNDS

3,091,923

2,716,391

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

Mr N Richardson - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

15,003

2,796,809

2,811,812

Changes in equity

Dividends

-

(517,160

)

(517,160

)

Total comprehensive income

-

421,739

421,739

Balance at 31 March 2024

15,003

2,701,388

2,716,391

Changes in equity

Dividends

-

(1,180,478

)

(1,180,478

)

Total comprehensive income

-

1,556,010

1,556,010

Balance at 31 March 2025

15,003

3,076,920

3,091,923

1.	STATUTORY INFORMATION

J.A. Richardson (Electrical) Limited is a private company limited by shares and incorporated in England. Its registered office is 37 St Michaels Lane, Leeds, LS6 3BR.

The presentational and functional currency of the financial statements is the Pound Sterling (£).

The parent undertaking of the smallest group to consolidate these financial statements is J.A. Richardson (Holdings) Limited, a company limited by guarantee and incorporated in England. The company's registered office is the same as that of J.A. Richardson (Electrical) Limited.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d);

•

the requirement of paragraph 33.7.

Changes in accounting policies

In the current financial year, the company has changed its accounting policy for the depreciation of plant and machinery and fixtures and fittings from the reducing balance method to the straight-line method. This change has been made to better reflect the consumption pattern of the economic benefits of the assets and to ensure consistency with industry practices.

The impact of this change on the financial statements is as follows:

- The change in policy has been applied prospectively.

- The effect on the current year depreciation expense is an increase of £14,682 in the depreciation of plant and machinery and an increase of £11,650 in the depreciation of fixtures and fittings, resulting in a total depreciation expense of £129,271.

- The carrying amount of fixtures and fittings as at 31 March 2025 has been adjusted to reflect the new depreciation policy.

The company believes that this change will provide more relevant and reliable information to the users of the financial statements.

Turnover

Turnover is recognised at fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity of the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probably will be recovered.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to

the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when

there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a

net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Contract Accounting

The company engages in contracts of variable lengths and complexity. As a result it is necessary to estimate the likely and profitability at completion of individual contracts. When considering this outcome, the directors will consider the latest income and expenditure position on all ongoing contracts in determining the likely and recoverable position. The carrying value of all the contracts is included in stock on the balance sheet.

4.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2025

2024

as restated

£

£

Electrical contractors

15,134,136

9,804,037

15,134,136

9,804,037

An analysis of turnover by geographical market is given below:

2025

2024

as restated

£

£

United Kingdom

15,134,136

9,804,037

15,134,136

9,804,037

5.	EMPLOYEES AND DIRECTORS

2025

2024

as restated

£

£

Wages and salaries

3,445,931

2,979,632

Social security costs

312,044

259,422

Other pension costs

174,500

101,377

3,932,475

3,340,431

The average number of employees during the year was as follows:

2025

2024

as restated

Total

59

63

2025

2024

as restated

£

£

Directors' remuneration

44,872

44,353

Directors' pension contributions to money purchase schemes

74,172

11,947

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

1

1

6.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

as restated

£

£

Other operating leases

57,916

55,000

Depreciation - owned assets

129,271

128,359

Profit on disposal of fixed assets

(6,275

)

-

Auditors' remuneration

15,000

17,028

7.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

as restated

£

£

Deposit account interest

21,554

77,433

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

as restated

£

£

Interest payable

(783

)

8,011

9.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

as restated

£

£

Current tax:

UK corporation tax

488,016

37,117

Research & development claim

(125,441

)

(25,938

)

Total current tax

362,575

11,179

Deferred tax

9,980

(5,549

)

Tax on profit

372,555

5,630

UK corporation tax has been charged at 25% (2024 - 25%).

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

as restated

£

£

Profit before tax

1,928,565

427,369

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

482,141

106,842

Effects of:

Expenses not deductible for tax purposes

13,954

13,368

Capital allowances in excess of depreciation

(8,079

)

-

Depreciation in excess of capital allowances

-

521

Adjustments to tax charge in respect of previous periods

-

(83,614

)

Deferred tax adjustments in respect of prior years

9,980

(5,549

)

Research & Development rebates

(125,441

)

(25,938

)

Total tax charge

372,555

5,630

10.

DIVIDENDS

2025

2024

as restated

£

£

Ordinary shares of £1 each

Final

950,000

517,160

Interim

230,478

-

1,180,478

517,160

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

Dividends payable on equity instruments are recognised as liabilities once they are no longer at the

discretion of the company.

11.	PRIOR YEAR ADJUSTMENT

The the year end, it was identified that balances previously classified as work in progress are more akin to the definition of accrued income. Following this treatment, the opening and closing WIP balances have been reclassified from cost of sales to turnover.

The comparatives in the Profit and Loss Account and Balance Sheet have been restated for this material error, with the effect as follows:

- Turnover as at 31 March 2024 has decreased by £589,116

- Cost of sales as at 31 March 2024 has decreased by £589,116

- Stocks at 31 March 2024 have decreased by £792,329

- Debtors at 31 March 2024 have increased by £792,329

There is no impact on gross profit, net assets nor opening reserves.

12.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

238,238

383,234

545,264

1,166,736

Additions

7,407

25,379

138,166

170,952

Disposals

(259

)

-

(23,706

)

(23,965

)

At 31 March 2025

245,386

408,613

659,724

1,313,723

DEPRECIATION

At 1 April 2024

185,885

315,255

278,640

779,780

Charge for year

27,865

32,415

68,991

129,271

Eliminated on disposal

(259

)

-

(13,370

)

(13,629

)

At 31 March 2025

213,491

347,670

334,261

895,422

NET BOOK VALUE

At 31 March 2025

31,895

60,943

325,463

418,301

At 31 March 2024

52,353

67,979

266,624

386,956

13.

STOCKS

2025

2024

as restated

£

£

Finished goods

18,512

14,990

14.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

2,941,871

2,011,649

Amounts owed by group undertakings

759,242

280,921

Amounts recoverable on contract

670,501

792,329

Prepayments and accrued income

235,534

237,829

4,607,148

3,322,728