The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions of part 15 of the Companies Act 2006, relating to small companies.

Gas and Electricity Connections Limited is a private company limited by shares incorporated in England and Wales. The registered office is Athenaeum House, Market Street, Bury, United Kingdom, BL9 0BL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the directors have a reasonable expectation that the truecompany has adequate resources to continue in operational existence for the foreseeable future. The directors consider that the current and forecasted levels of cash will be sufficient to meet the company's liabilities as they fall due. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

In reaching this conclusion, the directors have considered the expected future performance of the company compared to its budgeted performance up to the date of signing the financial statements, the financial position of the company at the balance sheet date, the timing of repayments to related parties, and the expected future cash flows of the company in the 12 months following the date of signing the financial statements.

The directors continually monitor the company's cash reserves, and operate a central treasury function for the group, whereby cash surplus can be distributed around the group as necessary to meet current cash requirements. The company has little external debt and are able to call upon funds from related parties if required.

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Accruals and deferred income includes an element of profit margin deferred on all jobs which are incomplete at the year end based on the estimated percentage stage of completion.

The company uses only basic financial instruments, which are initially measured at transaction price including transaction cost. Financial assets and financial liabilities are subsequently carried at amortised cost using the effective interest rate method.

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

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

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.

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.

The amount of margin recognised on jobs incomplete at the year end is determined by reference to the estimated stage of completion of the job based on historical data trends. Professional judgement is used to estimate the stage of completion.

The average monthly number of persons (including directors) employed by the company during the year was:

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, an amount of £nil (2024: £nil) was payable by the company to the fund.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

The company has taken advantage of the exemption in Financial Reporting Standard 102, section 33, and has not disclosed transactions with fellow group undertakings unless they have not taken place on an arms length basis. Closing balances only (with corresponding comparatives) are disclosed as set out below.

At the balance sheet date, an amount of £591,833 (2024: £15,157) was due to Crown Energy Limited, the immediate parent undertaking.

During the year the company made purchases of £186,512 (2024: £158,560) from Crown Oil Limited, a company related by common directorship. At the balance sheet date, £8,150 (2024: £64,623) was due to Crown Oil Limited. This amount is unsecured and repayable on demand.

The immediate parent company is Crown Energy Limited, a company incorporated in England and Wales.

The directors consider that the ultimate parent undertaking is Crown Energy Holdings Limited, a company registered in England and Wales. The largest and smallest group of which group accounts are drawn up is that headed by Crown Energy Holdings Limited, whose registered office is the same as the company's.

Copies of the group financial statements can be found from Companies House, Crown Way, Cardiff, CF14 3UZ.