REGISTERED NUMBER: 04316514 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Gavin Electrical Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Gavin

K Gavin

Mrs F Hawkins

SECRETARY:

Mrs M E Gavin

REGISTERED OFFICE:

Phoenix Way

Garngoch Industrial Estate

Gorseinon

Swansea

West Glamorgan

SA4 9WF

REGISTERED NUMBER:

04316514 (England and Wales)

ACCOUNTANTS:

DGL Accountancy Services Limited

Chartered Certified Accountants

35 Hen Parc Avenue

Upper Killay

Swansea

SA2 7HA

FIXED ASSETS

Intangible assets

4

301

301

Tangible assets

5

86,047

56,522

86,348

56,823

CURRENT ASSETS

Stocks

70,969

132,651

Debtors

6

833,805

710,572

Prepayments and accrued income

22,724

10,429

Cash at bank and in hand

74,394

59,791

1,001,892

913,443

CREDITORS

Amounts falling due within one year

7

209,369

169,773

NET CURRENT ASSETS

792,523

743,670

TOTAL ASSETS LESS CURRENT LIABILITIES

878,871

800,493

PROVISIONS FOR LIABILITIES

8

(17,900

)

(10,740

)

ACCRUALS AND DEFERRED INCOME

(77,400

)

(80,100

)

NET ASSETS

783,571

709,653

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

9

733,571

659,653

SHAREHOLDERS' FUNDS

783,571

709,653

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 13 January 2026 and were signed on its behalf by:

D J Gavin - Director

1.	STATUTORY INFORMATION

Gavin Electrical Engineering 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% 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.

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.

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 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

100,000

300

100,300

AMORTISATION

At 1 May 2024

and 30 April 2025

99,999

-

99,999

NET BOOK VALUE

At 30 April 2025

1

300

301

At 30 April 2024

1

300

301

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

80,915

129,133

72,196

282,244

Additions

-

45,797

-

45,797

At 30 April 2025

80,915

174,930

72,196

328,041

DEPRECIATION

At 1 May 2024

75,780

79,944

69,998

225,722

Charge for year

774

14,009

1,489

16,272

At 30 April 2025

76,554

93,953

71,487

241,994

NET BOOK VALUE

At 30 April 2025

4,361

80,977

709

86,047

At 30 April 2024

5,135

49,189

2,198

56,522

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

243,912

132,138

Amounts owed by group undertakings

550,725

555,725

Other debtors

39,168

22,709

833,805

710,572

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

134,627

59,751

Taxation and social security

41,744

73,502

Other creditors

32,998

36,520

209,369

169,773

8.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

17,900

10,740

Deferred

tax

£

Balance at 1 May 2024

10,740

Charge to Income Statement during year

7,160

Balance at 30 April 2025

17,900

9.

RESERVES

Retained

earnings

£

At 1 May 2024

659,653

Profit for the year

98,918

Dividends

(25,000

)

At 30 April 2025

733,571

10.	RELATED PARTY DISCLOSURES

As at 30th April 2025, Nivag Limited owed Gavin Electrical Engineering Limited £550,725 (2024 : £555,725).

11.	ULTIMATE PARENT COMPANY

The ultimate controlling party is Nivag Limited.