Company registration number 04463574 (England and Wales)
D.J.W. ELECTRICAL ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
D.J.W. ELECTRICAL ENGINEERING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 8
D.J.W. ELECTRICAL ENGINEERING LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
23,458
65,427
Current assets
Stocks
12,000
12,000
Debtors
5
1,725,232
1,222,117
Cash at bank and in hand
130,920
126,776
1,868,152
1,360,893
Creditors: amounts falling due within one year
6
(1,590,117)
(1,101,902)
Net current assets
278,035
258,991
Total assets less current liabilities
301,493
324,418
Creditors: amounts falling due after more than one year
7
(12,833)
(45,775)
Net assets
288,660
278,643
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
288,560
278,543
Total equity
288,660
278,643

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 8 March 2026
D.J. Wren
Director
Company registration number 04463574 (England and Wales)
D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

D.J.W. Electrical Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is Westgate Chambers, 8a Elm Park Road, Pinner, Middlesex, HA5 3LA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -
1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

1.14

Debts factored with recourse

Amounts receivable and payable arising from the factoring of debts are reported in accordance with the provision of FRS 5 which in the circumstances requires separate presentation.

The gross amount of uncollected factored debts is shown within current assets. The corresponding amount , in respect of the proceeds received from the factor, is treated as a liability. The interest and other factoring charges are charged to the profit and loss account as they arise.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
16
15
D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2024
171,428
Transfers
(79,819)
At 30 June 2025
91,609
Depreciation and impairment
At 1 July 2024
106,001
Depreciation charged in the year
7,924
Transfers
(45,774)
At 30 June 2025
68,151
Carrying amount
At 30 June 2025
23,458
At 30 June 2024
65,427
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
865,752
859,607
Other debtors
251,660
267,660
Prepayments and accrued income
607,820
94,850
1,725,232
1,222,117

Trade debtors comprise entirely of debts factored with recourse of £849,333 (20 2 4: £812,546)

D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 7 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
31,614
30,671
Obligations under finance leases
8
1,217
20,965
Trade creditors
394,444
178,860
Amounts owed to group undertakings
524,631
267,830
Corporation tax
87,827
81,550
Other taxation and social security
40,279
54,788
Other creditors
505,670
460,086
Accruals and deferred income
4,435
7,152
1,590,117
1,101,902

Bank loans and overdraft, hire purchase contracts and the factoring creditor are secured.

Other creditors include an amount of £501,753 (20 2 4: £456,169) due to a factoring company.

7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
12,833
44,447
Obligations under finance leases
8
-
0
1,328
12,833
45,775

The bank loans are secured by fixed charges over the company's assets.

D.J.W. ELECTRICAL ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 8 -
8
Finance lease obligations
2025
2024
Amounts due:
£
£
Within one year
1,217
20,965
After more than one year
-
0
1,328
1,217
22,293
2025
2024
Future minimum lease payments due under finance leases:
£
£
Within one year
1,328
22,831
In two to five years
-
0
1,328
1,328
24,159
Less: future finance charges
(111)
(1,866)
1,217
22,293

Finance lease payments represent rentals payable by the company for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets. The average lease term is three years. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.

9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
139,680
180,000
10
Related party transactions

Debtors include £251,660 (2024: £267,660) owed by the companies in which the director has material interests.

Creditors include £3,027 (2024: £3,027) owed to the company in which the director has material interest.

2025-06-30 2024-07-01 false false false 08 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity D.J. Wren 04463574 2024-07-01 2025-06-30 04463574 2025-06-30 04463574 2024-06-30 04463574 core:OtherPropertyPlantEquipment 2025-06-30 04463574 core:OtherPropertyPlantEquipment 2024-06-30 04463574 core:CurrentFinancialInstruments 2025-06-30 04463574 core:CurrentFinancialInstruments 2024-06-30 04463574 core:Non-currentFinancialInstruments 2025-06-30 04463574 core:Non-currentFinancialInstruments 2024-06-30 04463574 core:ShareCapital 2025-06-30 04463574 core:ShareCapital 2024-06-30 04463574 core:RetainedEarningsAccumulatedLosses 2025-06-30 04463574 core:RetainedEarningsAccumulatedLosses 2024-06-30 04463574 bus:Director1 2024-07-01 2025-06-30 04463574 core:ComputerEquipment 2024-07-01 2025-06-30 04463574 core:MotorVehicles 2024-07-01 2025-06-30 04463574 2023-07-01 2024-06-30 04463574 core:OtherPropertyPlantEquipment 2024-06-30 04463574 core:OtherPropertyPlantEquipment 2024-07-01 2025-06-30 04463574 core:WithinOneYear 2025-06-30 04463574 core:WithinOneYear 2024-06-30 04463574 core:BetweenTwoFiveYears 2025-06-30 04463574 core:BetweenTwoFiveYears 2024-06-30 04463574 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04463574 bus:FRS102 2024-07-01 2025-06-30 04463574 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 04463574 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 04463574 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP