Electrical Installations (Lincs) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04568963 (England and Wales)

Electrical Installations (Lincs) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Directors:

J T Hodgkin

A J Hodgkin

Registered office:

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

England

PE6 8EA

Business address:

Unit 2, New Mills

North Witham Road

South Witham

Grantham

Lincolnshire

NG33 5QQ

Registered number:

04568963 (England and Wales)

Accountants:

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Electrical Installations (Lincs) Limited for the year ended 31 March 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Electrical Installations (Lincs) Limited, as a body, in accordance with the terms of our engagement letter dated 9 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Electrical Installations (Lincs) Limited and state those matters that we have agreed to state to the Board of Directors of Electrical Installations (Lincs) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Electrical Installations (Lincs) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Electrical Installations (Lincs) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Electrical Installations (Lincs) Limited. You consider that Electrical Installations (Lincs) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Electrical Installations (Lincs) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

23 December 2025

Fixed assets

Tangible assets

5

264,537

338,136

Current assets

Stocks

1,058,334

1,054,023

Debtors

6

869,573

2,399,249

Cash at bank and in hand

1,142,602

1,957,731

3,070,509

5,411,003

Creditors

Amounts falling due within one year

7

756,687

1,633,108

Net current assets

2,313,822

3,777,895

Total assets less current liabilities

2,578,359

4,116,031

Creditors

Amounts falling due after more than one
year

8

-

(11,667

)

Provisions for liabilities

(31,811

)

(44,464

)

Net assets

2,546,548

4,059,900

Capital and reserves

Called up share capital

9

100

Retained earnings

2,546,448

4,059,800

Shareholders' funds

2,546,548

4,059,900

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 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 22 December 2025 and were signed on its behalf by:

J T Hodgkin - Director

A J Hodgkin - Director

1.	Statutory information

Electrical Installations (Lincs) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Improvements to property

-

10% on a straight line basis

Plant and machinery

-

25% on a straight line basis

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on a straight line basis

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

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.

4.	Employees and directors

The average number of employees during the year was 16 (2024 - 16 ) .

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

Cost

At 1 April 2024

3,898

34,781

22,016

481,468

542,163

Additions

-

6,034

607

147,456

154,097

Disposals

-

(158,065

)

(158,065

)

At 31 March 2025

3,898

40,815

22,623

470,859

538,195

Depreciation

At 1 April 2024

1,909

16,054

15,800

170,264

204,027

Charge for year

389

9,762

1,706

114,960

126,817

Eliminated on disposal

-

(57,186

)

(57,186

)

At 31 March 2025

2,298

25,816

17,506

228,038

273,658

Net book value

At 31 March 2025

1,600

14,999

5,117

242,821

264,537

At 31 March 2024

1,989

18,727

6,216

311,204

338,136

6.

Debtors

2025

2024

£

Amounts falling due within one year:

Trade debtors

786,108

758,356

Other debtors

72,023

72,072

EI Property Ltd balance

-

14,243

EOT loan

-

1,541,963

Prepayments and accrued income

11,442

-

869,573

2,386,634

2025

2024

£

Amounts falling due after more than one year:

Other debtors

-

12,615

Aggregate amounts

869,573

2,399,249

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

-

10,000

Trade creditors

238,197

245,389

Corporation tax

106,267

76,341

PAYE and NIC

26,705

28,058

VAT

186,789

284,405

Other creditors

26,846

31,689

Directors' current accounts

20

764,284

Accruals

171,863

192,942

756,687

1,633,108

8.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans > 1 year

-

11,667

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

800

Ordinary

0.10

80

150

Ordinary 'A'

0.10

15

50

Ordinary 'B'

0.10

5

100

10.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

J T Hodgkin and A J Hodgkin

Balance outstanding at start of year

(764,284

)

56,430

Amounts advanced

817,126

743,275

Amounts repaid

(52,862

)

(1,563,989

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(20

)

(764,284

)

Overdrawn balances exceeding £20,000 during the year have been charged at the official rate of interest.

11.	Ultimate controlling party

The parent company is Electrical Installations (Lincs) Eot Limited, and its registered office address is 27 Market Place Market Deeping, Peterborough, Cambridgeshire, England, PE6 8EA.