G & R Electrical (Leeds) Limited

G & R Electrical (Leeds) Limited
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	168,810	67,669
		168,810	67,669
Current assets
Stocks	4	105,000	175,000
Debtors	5	1,239,356	853,001
Cash at bank and in hand		998,653	668,507
		2,343,009	1,696,508
Creditors: amount falling due within one year	6	(1,671,731)	(1,005,948)
Net current assets		671,278	690,560

Total assets less current liabilities		840,088	758,229
Creditors: amount falling due after more than one year	7	(110,189)	(43,399)
Provisions for liabilities	8	(41,618)	(16,917)
Net assets		688,281	697,913

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		687,281	696,913
Shareholders' funds		688,281	697,913

For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 15 January 2026 and were signed on its behalf by:

-------------------------------
Ryan McHale
Director

G & R Electrical (Leeds) Limited
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

G & R Electrical (Leeds) Limited is a private company, limited by shares, registered in England and Wales, registration number 05247809, registration address 48 Ringwood Drive, Wellington Hill, Leeds, West Yorkshire, LS14 1AP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

25% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 46 (2024 : 48).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 November 2024	163,678	163,678
Additions	177,546	177,546
Disposals	(63,637)	(63,637)
At 31 October 2025	277,587	277,587
Depreciation
At 01 November 2024	96,009	96,009
Charge for year	56,270	56,270
On disposals	(43,502)	(43,502)
At 31 October 2025	108,777	108,777
Net book values
Closing balance as at 31 October 2025	168,810	168,810
Opening balance as at 01 November 2024	67,669	67,669

Stocks

	2025 £		2024 £
Stocks	105,000		175,000
	105,000		175,000

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	913,638	552,982
Other Debtors	325,718	300,019
	1,239,356	853,001

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	741,906	400,579
Taxation and Social Security	129,339	92,399
Obligations under HP/Financial Leases	26,340	7,432
Other Creditors	774,146	505,538
	1,671,731	1,005,948

Creditors: amount falling due after more than one year

	2025 £		2024 £
Obligations under HP/Financial Leases	110,189		43,399
	110,189		43,399

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	41,618		16,917
	41,618		16,917

Registered Number: 05247809
England and Wales
G & R ELECTRICAL (LEEDS) LIMITED

Financial Statements

Period of accounts Start date: 01 November 2024 End date: 31 October 2025