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Company Registration No. 03646350 (England and Wales)
B S Entwistle Electrical Contractors Limited Unaudited accounts for the year ended 31 August 2025
B S Entwistle Electrical Contractors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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B S Entwistle Electrical Contractors Limited Company Information for the year ended 31 August 2025
Director
B J McLoughlin
Secretary
B J McLoughlin
Company Number
03646350 (England and Wales)
Registered Office
Electric House 5 Howarth Court Gateway Crescent Oldham OL9 9XB United Kingdom
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
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B S Entwistle Electrical Contractors Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
45,657
56,578
Current assets
Inventories
45,250
32,650
Debtors
6
1,442,096
1,145,618
Cash at bank and in hand
236,348
393,302
1,723,694
1,571,570
Creditors: amounts falling due within one year
7
(728,068)
(729,367)
Net current assets
995,626
842,203
Total assets less current liabilities
1,041,283
898,781
Creditors: amounts falling due after more than one year
8
-
(43,076)
Net assets
1,041,283
855,705
Capital and reserves
Called up share capital
10
10
Profit and loss account
1,041,273
855,695
Shareholders' funds
1,041,283
855,705
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 March 2026 and were signed on its behalf by
B J McLoughlin Director Company Registration No. 03646350
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B S Entwistle Electrical Contractors Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
B S Entwistle Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 03646350. The registered office is Electric House, 5 Howarth Court, Gateway Crescent, Oldham, OL9 9XB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line basis
Fixtures & fittings
20% straight line basis
Computer equipment
33% straight line basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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B S Entwistle Electrical Contractors Limited Notes to the Accounts for the year ended 31 August 2025
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2024
279,600
At 31 August 2025
279,600
Amortisation
At 1 September 2024
279,600
At 31 August 2025
279,600
Net book value
At 31 August 2025
-
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
55,518
10,088
16,131
81,737
Additions
-
272
1,012
1,284
At 31 August 2025
55,518
10,360
17,143
83,021
Depreciation
At 1 September 2024
700
9,999
14,460
25,159
Charge for the year
10,964
84
1,157
12,205
At 31 August 2025
11,664
10,083
15,617
37,364
Net book value
At 31 August 2025
43,854
277
1,526
45,657
At 31 August 2024
54,818
89
1,671
56,578
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B S Entwistle Electrical Contractors Limited Notes to the Accounts for the year ended 31 August 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
61,726
46,959
Trade debtors
410,009
291,050
Amounts due from group undertakings etc.
734,241
734,241
Other debtors
236,120
73,368
1,442,096
1,145,618
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
43,076
68,158
Trade creditors
494,595
448,610
Taxes and social security
132,195
141,079
Other creditors
33,329
30,502
Accruals
24,873
41,018
728,068
729,367
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
43,076
9
Average number of employees
During the year the average number of employees was 32 (2024: 32).
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