REGISTERED NUMBER: 05096766 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

DRF Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N J Leak

Mrs A Leak

REGISTERED OFFICE:

Metcalfe Road

Skippers Lane Industrial Estate

Middlesbrough

Co. Durham

TS6 6PT

REGISTERED NUMBER:

05096766 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Intangible assets

4

13,715

16,715

Tangible assets

5

115,494

87,802

129,209

104,517

CURRENT ASSETS

Debtors

6

910,661

900,340

Cash at bank

511,924

257,827

1,422,585

1,158,167

CREDITORS

Amounts falling due within one year

7

261,686

304,827

NET CURRENT ASSETS

1,160,899

853,340

TOTAL ASSETS LESS CURRENT LIABILITIES

1,290,108

957,857

CREDITORS

Amounts falling due after more than one year

8

(13,000

)

(2,093

)

PROVISIONS FOR LIABILITIES

(28,751

)

(20,759

)

NET ASSETS

1,248,357

935,005

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,248,257

934,905

1,248,357

935,005

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 January 2026 and were signed on its behalf by:

Mr N J Leak - Director

1.	STATUTORY INFORMATION

DRF 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

60,000

AMORTISATION

At 1 May 2024

43,285

Charge for year

3,000

At 30 April 2025

46,285

NET BOOK VALUE

At 30 April 2025

13,715

At 30 April 2024

16,715

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

87,755

95,635

183,390

Additions

-

87,608

87,608

Disposals

-

(51,062

)

(51,062

)

At 30 April 2025

87,755

132,181

219,936

DEPRECIATION

At 1 May 2024

42,130

53,458

95,588

Charge for year

3,510

23,212

26,722

Eliminated on disposal

-

(17,868

)

(17,868

)

At 30 April 2025

45,640

58,802

104,442

NET BOOK VALUE

At 30 April 2025

42,115

73,379

115,494

At 30 April 2024

45,625

42,177

87,802

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

479,969

594,486

Amounts owed by group undertakings

310,514

180,210

Other debtors

120,178

125,644

910,661

900,340

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Hire purchase contracts

13,000

11,456

Trade creditors

105,588

130,938

Taxation and social security

138,183

159,408

Other creditors

4,915

3,025

261,686

304,827

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Hire purchase contracts

13,000

2,093

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30/4/25

30/4/24

£

£

Mr D R Foster

Balance outstanding at start of year

-

89,204

Amounts advanced

-

24,006

Amounts repaid

-

(113,210

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Mr N J Leak

Balance outstanding at start of year

4,798

-

Amounts advanced

242

4,798

Amounts repaid

(367

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,673

4,798