Company Registration No. 10706283 (England and Wales)
L R Blakers Electrical Limited
Unaudited accounts
for the year ended 31 March 2025
L R Blakers Electrical Limited
Unaudited accounts
Contents
L R Blakers Electrical Limited
Company Information
for the year ended 31 March 2025
Company Number
10706283 (England and Wales)
Registered Office
255 Queens Road
Portsmouth
PO2 7LX
England
L R Blakers Electrical Limited
Statement of financial position
as at 31 March 2025
Tangible assets
2,144
2,859
Cash at bank and in hand
2,317
1,724
Creditors: amounts falling due within one year
(3,887)
(576)
Net current (liabilities)/assets
(322)
1,677
Total assets less current liabilities
1,822
4,536
Creditors: amounts falling due after more than one year
(869)
(5,213)
Provisions for liabilities
Net assets/(liabilities)
546
(1,220)
Called up share capital
200
200
Profit and loss account
346
(1,420)
Shareholders' funds
546
(1,220)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 November 2025 and were signed on its behalf by
Lee Russ Blakely
Director
Company Registration No. 10706283
L R Blakers Electrical Limited
Notes to the Accounts
for the year ended 31 March 2025
L R Blakers Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 10706283. The registered office is 255 Queens Road, Portsmouth, PO2 7LX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets - goodwill
Goodwill is included at cost less accumulated amortisation and has been written off on a straight line basis over its estimated useful life of 5 years.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
L R Blakers Electrical Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 A Ordinary shares of £1 each
100
100
100 B Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's (loan)/current account
13,006
15,919
20,031
8,894
13,006
15,919
20,031
8,894
The director's (loan)/current account is unsecured and repayable on demand. Interest is charged at the HMRC official rates for beneficial loan arrangements.
L R Blakers Electrical Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).