REGISTERED NUMBER: 08488181 (England and Wales)

Financial Statements for the Year Ended 30th April 2025

for

Credland Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Credland

Mrs M Credland

REGISTERED OFFICE:

5 Raymond Road

Scunthorpe

North Lincolnshire

DN16 2LN

REGISTERED NUMBER:

08488181 (England and Wales)

ACCOUNTANTS:

Peter R Burton Accountants

43 Oswald Road

Scunthorpe

North Lincolnshire

DN15 7PN

FIXED ASSETS

Tangible assets

4

20,554

10,478

CURRENT ASSETS

Stocks

605

605

Debtors

5

8,769

9,428

Cash at bank

9,493

9,752

18,867

19,785

CREDITORS

Amounts falling due within one year

6

19,075

19,158

NET CURRENT (LIABILITIES)/ASSETS

(208

)

627

TOTAL ASSETS LESS CURRENT LIABILITIES

20,346

11,105

CREDITORS

Amounts falling due after more than one year

7

12,813

-

NET ASSETS

7,533

11,105

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

7,433

11,005

SHAREHOLDERS' FUNDS

7,533

11,105

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

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

A R Credland - Director

1.	STATUTORY INFORMATION

Credland 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.

Plant and machinery

-

20% on reducing balance

Office Equipment

-

15% on reducing balance

Motor vehicles

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

Equipment

vehicles

Totals

£

£

£

£

COST

At 1st May 2024

11,378

3,374

11,095

25,847

Additions

-

-

20,109

20,109

Disposals

-

-

(11,095

)

(11,095

)

At 30th April 2025

11,378

3,374

20,109

34,861

DEPRECIATION

At 1st May 2024

9,438

1,597

4,334

15,369

Charge for year

485

261

3,371

4,117

Eliminated on disposal

-

-

(5,179

)

(5,179

)

At 30th April 2025

9,923

1,858

2,526

14,307

NET BOOK VALUE

At 30th April 2025

1,455

1,516

17,583

20,554

At 30th April 2024

1,940

1,777

6,761

10,478

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

6,487

8,211

Other debtors

2,282

1,217

8,769

9,428

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

551

735

Taxation and social security

3,926

4,645

Other creditors

14,598

13,778

19,075

19,158

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

12,813

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

12,813

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1st May 2024

11,005

Profit for the year

11,428

Dividends

(15,000

)

At 30th April 2025

7,433