REGISTERED NUMBER: 05745205 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Interlec (Brighton) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

CT Stevens

M D Evans

SECRETARY:

CT Stevens

REGISTERED OFFICE:

49 Falmer Road

Brighton

BN2 7DA

REGISTERED NUMBER:

05745205 (England and Wales)

ACCOUNTANTS:

Sussex Accounting Solutions Ltd

7 The Green

Lewes Road

Ringmer

LEWES

East Sussex

BN8 5QG

FIXED ASSETS

Tangible assets

4

10,527

16,220

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

167,433

182,568

Cash at bank

119,500

205,442

291,933

393,010

CREDITORS

Amounts falling due within one year

6

130,026

244,745

NET CURRENT ASSETS

161,907

148,265

TOTAL ASSETS LESS CURRENT LIABILITIES

172,434

164,485

CREDITORS

Amounts falling due after more than one year

7

(36,753

)

(51,095

)

PROVISIONS FOR LIABILITIES

(2,632

)

(4,055

)

NET ASSETS

133,049

109,335

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

133,047

109,333

SHAREHOLDERS' FUNDS

133,049

109,335

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

M Evans - Director

1.	STATUTORY INFORMATION

Interlec (Brighton) 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.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

Office equipment

-

33% on cost

Computer equipment

-

33% on cost

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 Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Computer

machinery

equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

23,052

742

1,816

25,610

DEPRECIATION

At 1 April 2024

7,265

617

1,508

9,390

Charge for year

5,262

125

306

5,693

At 31 March 2025

12,527

742

1,814

15,083

NET BOOK VALUE

At 31 March 2025

10,525

-

2

10,527

At 31 March 2024

15,787

125

308

16,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

51,866

182,568

Other debtors

115,567

-

167,433

182,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,440

9,932

Trade creditors

52,231

90,902

Taxation and social security

27,785

41,438

Other creditors

39,570

102,473

130,026

244,745

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,651

13,343

Other creditors

34,102

37,752

36,753

51,095

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

12,960

3,915

Between one and five years

33,479

-

46,439

3,915

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

M D Evans

Balance outstanding at start of year

218

2,062

Amounts repaid

150

(2,204

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

368

218

CT Stevens

Balance outstanding at start of year

3,343

2,983

Amounts repaid

(2,850

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

493

3,343

10.	RELATED PARTY DISCLOSURES

Mr M Evans and Mr C Stevens the directors and shareholders of this company, are also the directors and shareholders of InterRental Ltd.

During the year the company made sales of £5,300 to InterRental Ltd (2024: £9.691). The company also loaned InterRental Ltd £96,000 in the year. As at the year end, £96,000 was outstanding (2024: £NIL).

11.	ULTIMATE CONTROLLING PARTY

During the period the company was under the control of the directors who are also the shareholders.