REGISTERED NUMBER: 02112667 (England and Wales)

B.K.S. ELECTRICAL SUPPLIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Burrows

Mrs L M Burrows

J H Burrows

SECRETARY:

Mrs L M Burrows

REGISTERED OFFICE:

Unit A, Albert Court

Peasehill Road

Ripley

Derbyshire

DE5 3AQ

REGISTERED NUMBER:

02112667 (England and Wales)

FIXED ASSETS

Tangible assets

4

757,792

755,192

CURRENT ASSETS

Stocks

12,928

-

Debtors

5

181,537

311,725

Cash at bank

390,323

401,688

584,788

713,413

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

125,904

245,525

NET CURRENT ASSETS

458,884

467,888

TOTAL ASSETS LESS CURRENT LIABILITIES

1,216,676

1,223,080

PROVISIONS FOR LIABILITIES

8

5,091

3,894

NET ASSETS

1,211,585

1,219,186

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,211,485

1,219,086

SHAREHOLDERS' FUNDS

1,211,585

1,219,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 16 January 2026 and were signed on its behalf by:

N Burrows - Director

1.	STATUTORY INFORMATION

B.K.S. Electrical Supplies 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

Compliance with accounting standards

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.

The financial statements are prepared in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise) stated.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognised in the profit and

loss account in other administrative expenses.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the

employees are entitled are recognised at the undiscounted amount expected to be paid in exchange

for that service.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2024

734,700

1,622

5,038

Additions

-

12,475

-

Disposals

(3,700

)

-

-

At 31 May 2025

731,000

14,097

5,038

DEPRECIATION

At 1 June 2024

-

618

4,671

Charge for year

-

2,022

55

At 31 May 2025

-

2,640

4,726

NET BOOK VALUE

At 31 May 2025

731,000

11,457

312

At 31 May 2024

734,700

1,004

367

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

33,991

10,071

785,422

Additions

-

1,023

13,498

Disposals

-

-

(3,700

)

At 31 May 2025

33,991

11,094

795,220

DEPRECIATION

At 1 June 2024

14,871

10,070

30,230

Charge for year

4,780

341

7,198

At 31 May 2025

19,651

10,411

37,428

NET BOOK VALUE

At 31 May 2025

14,340

683

757,792

At 31 May 2024

19,120

1

755,192

The freehold property addition is included at market value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

92,375

60,714

Other debtors

89,162

251,011

181,537

311,725

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

86,798

177,304

Taxation and social security

28,217

61,829

Other creditors

10,889

6,392

125,904

245,525

7.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

15,850

1,560

Between one and five years

47,550

6,240

In more than five years

-

4,290

63,400

12,090

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

5,091

3,894

Deferred

tax

£

Balance at 1 June 2024

3,894

Provided during year

1,197

Balance at 31 May 2025

5,091

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

10.	RELATED PARTY DISCLOSURES

During the year, the company purchased goods amounting to £169,171 (2024: £227,717) from BKS Electrical Services, a business carried on by the directors in partnership. The amount owed to/(by) BKS Electrical Services at 31 May 2025 was £5,350 (2024: £105,176)

BKS Electrical Services also provided management services totalling £47,732 (2024: £49,954) to the company.

These transactions were on normal commercial terms.

N Burrows

Director

Included in other creditors is the following amount owed to the director, the amount is interest free and

repayable on demand.

2025

2024

£

£

Amount due to related party at the balance sheet date

168

13

11.	CONTROLLING PARTY

The controlling party is N Burrows.