Company registration number 02404271 (England and Wales)
GBA ELECTRICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
GBA ELECTRICAL LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
20,133
8,042
Current assets
Stocks
150
150
Debtors
4
8,954
9,068
Cash at bank and in hand
425,452
434,387
434,556
443,605
Creditors: amounts falling due within one year
5
(219,817)
(178,441)
Net current assets
214,739
265,164
Total assets less current liabilities
234,872
273,206
Creditors: amounts falling due after more than one year
6
(8,123)
-
0
Provisions for liabilities
(5,034)
(2,011)
Net assets
221,715
271,195
Capital and reserves
Called up share capital
10
100
100
Profit and loss reserves
221,615
271,095
Total equity
221,715
271,195
GBA ELECTRICAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2025
31 August 2025
- 2 -

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

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

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.

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.

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

The financial statements were approved and signed by the director and authorised for issue on 16 April 2026
Mr B Gilbert
Director
Company Registration No. 02404271
GBA ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
1
Accounting policies
Company information

GBA Electrical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Williams Way, West Row, Bury St. Edmunds, Suffolk, IP28 8QB.

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

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

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:

Plant and equipment
25% reducing balance
Motor vehicles
25% 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
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.

1.5
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.

1.6
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.

GBA ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
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.

1.7
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.

1.8
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.

1.9
Retirement benefits

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

GBA ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
2
Employees

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

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 September 2024
9,847
24,269
34,116
Additions
-
0
21,185
21,185
Disposals
-
0
(24,269)
(24,269)
At 31 August 2025
9,847
21,185
31,032
Depreciation and impairment
At 1 September 2024
9,483
16,591
26,074
Depreciation charged in the year
91
1,324
1,415
Eliminated in respect of disposals
-
0
(16,590)
(16,590)
At 31 August 2025
9,574
1,325
10,899
Carrying amount
At 31 August 2025
273
19,860
20,133
At 31 August 2024
364
7,678
8,042
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
4,903
4,540
Prepayments and accrued income
4,051
4,528
8,954
9,068
GBA ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,709
6,408
Corporation tax
397
3,103
Other taxation and social security
3,493
1,983
Other creditors
211,218
166,947
219,817
178,441
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Obligations under finance leases
7
8,123
-
0

Borrowings under finance leases and hire purchase contracts are secured against the assets for which they were undertaken.

7
Finance lease obligations
2025
2024
Amounts due:
£
£
Within one year
3,677
4,976
After more than one year
8,123
-
0
11,800
4,976
2025
2024
Future minimum lease payments due under finance leases:
£
£
Within one year
3,677
4,976
In two to five years
8,123
-
0
11,800
4,976
8
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
5,034
2,011
GBA ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
8
Deferred taxation
(Continued)
- 7 -
2025
Movements in the year:
£
Liability at 1 September 2024
2,011
Charge to profit or loss
3,023
Liability at 31 August 2025
5,034
9
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
245
245

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

There were no contributions payable to the fund at the balance sheet date (2024 - £Nil).

10
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2025-08-31 2024-09-01 false false false 16 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr B Gilbert Mrs D Gilbert 02404271 2024-09-01 2025-08-31 02404271 2025-08-31 02404271 2024-08-31 02404271 core:PlantMachinery 2025-08-31 02404271 core:MotorVehicles 2025-08-31 02404271 core:PlantMachinery 2024-08-31 02404271 core:MotorVehicles 2024-08-31 02404271 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 02404271 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 02404271 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 02404271 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 02404271 core:CurrentFinancialInstruments 2025-08-31 02404271 core:CurrentFinancialInstruments 2024-08-31 02404271 core:ShareCapital 2025-08-31 02404271 core:ShareCapital 2024-08-31 02404271 core:RetainedEarningsAccumulatedLosses 2025-08-31 02404271 core:RetainedEarningsAccumulatedLosses 2024-08-31 02404271 core:ShareCapitalOrdinaryShareClass1 2025-08-31 02404271 core:ShareCapitalOrdinaryShareClass1 2024-08-31 02404271 bus:Director1 2024-09-01 2025-08-31 02404271 core:PlantMachinery 2024-09-01 2025-08-31 02404271 core:MotorVehicles 2024-09-01 2025-08-31 02404271 core:PlantMachinery 2024-08-31 02404271 core:MotorVehicles 2024-08-31 02404271 2024-08-31 02404271 core:WithinOneYear 2025-08-31 02404271 core:WithinOneYear 2024-08-31 02404271 core:BetweenTwoFiveYears 2025-08-31 02404271 core:BetweenTwoFiveYears 2024-08-31 02404271 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 02404271 bus:OrdinaryShareClass1 2025-08-31 02404271 bus:OrdinaryShareClass1 2024-08-31 02404271 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02404271 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 02404271 bus:FRS102 2024-09-01 2025-08-31 02404271 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 02404271 bus:CompanySecretary1 2024-09-01 2025-08-31 02404271 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP