REGISTERED NUMBER: 08323479 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THEYDON ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs. G Johnson

Mr. L S Johnson

Mr L S Johnson

REGISTERED OFFICE:

Ground Floor Marlborough House,

298 Regents Park Road,

London,

United Kingdom,

N3 2SZ

REGISTERED NUMBER:

08323479 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

50,205

-

CURRENT ASSETS

Stocks

5

4,743

3,400

Debtors

6

42,181

98,858

Cash at bank

1,307

44,460

48,231

146,718

CREDITORS

Amounts falling due within one year

7

92,195

132,071

NET CURRENT (LIABILITIES)/ASSETS

(43,964

)

14,647

TOTAL ASSETS LESS CURRENT LIABILITIES

6,241

14,647

CREDITORS

Amounts falling due after more than one year

8

343

4,314

NET ASSETS

5,898

10,333

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

5,896

10,331

SHAREHOLDERS' FUNDS

5,898

10,333

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 7 January 2026 and were signed on its behalf by:

Mr. L S Johnson - Director

1.	STATUTORY INFORMATION

Theydon Electrical 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 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.

Office equipment 33.33% on cost

Fixtures & Fittings 20% on cost

Motor Vehicle 33.33% 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 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

Equipment

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

29,741

6,000

-

35,741

Additions

-

-

56,495

56,495

Disposals

(27,450

)

-

-

(27,450

)

At 31 March 2025

2,291

6,000

56,495

64,786

DEPRECIATION

At 1 April 2024

29,741

6,000

-

35,741

Charge for year

-

-

6,290

6,290

Eliminated on disposal

(27,450

)

-

-

(27,450

)

At 31 March 2025

2,291

6,000

6,290

14,581

NET BOOK VALUE

At 31 March 2025

-

-

50,205

50,205

At 31 March 2024

-

-

-

-

5.

STOCKS

31.3.25

31.3.24

£

£

Finished goods

4,743

3,400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

33,030

94,445

Corporation tax recoverable

4,413

4,413

VAT

4,738

-

42,181

98,858

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

3,778

3,778

Trade creditors

48,444

80,907

Corporation tax

12,527

24,698

Social security and other taxes

(1,498

)

144

VAT

-

5,744

Other creditors

11,760

3,832

Credit Card

17,184

12,771

Director's current account

-

197

92,195

132,071

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

BBL > 1 year

343

4,314

The bank loan is part of the BBL Scheme that was launched on 27 April 2020. The scheme is 100% government backed. The interest rate is 2.5% per year and the term of the loan is 5 years, and early repayment is possible without additional charges.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary Shares

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

10,331

Profit for the year

89,539

Dividends

(93,974

)

At 31 March 2025

5,896

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mrs. G Johnson

Balance outstanding at start of year

197

(9,174

)

Amounts advanced

109,935

95,460

Amounts repaid

(110,132

)

(86,089

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

197

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £93,974 were paid to the directors .

13.	ULTIMATE CONTROLLING PARTY

The controlling parties are the company directors by virtue of their shareholdings.