Wetherby Electrical Contractors Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01774042 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Wetherby Electrical Contractors Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr G R Hawke

REGISTERED OFFICE:

Epsom House

Malton Way

Adwick-Le-Street

Doncaster

South Yorkshire

DN6 7FE

REGISTERED NUMBER:

01774042 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

2,523

2,999

CURRENT ASSETS

Debtors

6

1,039,921

1,294,633

Cash at bank

30,074

76,403

1,069,995

1,371,036

CREDITORS

Amounts falling due within one year

7

(820,557

)

(743,042

)

NET CURRENT ASSETS

249,438

627,994

TOTAL ASSETS LESS CURRENT
LIABILITIES

251,961

630,993

CREDITORS

Amounts falling due after more than one
year

8

-

(11,667

)

NET ASSETS

251,961

619,326

CAPITAL AND RESERVES

Called up share capital

10

100

Share premium

4,000

Capital redemption reserve

10,000

Retained earnings

237,861

605,226

SHAREHOLDERS' FUNDS

251,961

619,326

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 April 2026 and were signed by:

Mr G R Hawke - Director

1.	STATUTORY INFORMATION

Wetherby Electrical Contractors 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

Over the life of the lease straight line

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

33% on cost straight line and 15% on reducing balance

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Construction contracts

When the outcome of a construction contract can be estimated reliably in terms of its stage of completion, future costs to complete and collectability of billings, the company recognises revenue and expenses on the construction contract by reference to the stage of completion of the contract activity at the end of the reporting period. The stage of completion is determined on the basis of the proportion of the contract costs incurred to date over the estimated total costs. When the outcome of a contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable contract costs incurred.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 35 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

COST

At 1 May 2024

78,467

25,529

65,699

169,695

Disposals

(78,467

)

-

(78,467

)

At 30 April 2025

-

25,529

65,699

91,228

DEPRECIATION

At 1 May 2024

78,467

25,266

62,963

166,696

Charge for year

-

65

411

476

Eliminated on disposal

(78,467

)

-

(78,467

)

At 30 April 2025

-

25,331

63,374

88,705

NET BOOK VALUE

At 30 April 2025

-

198

2,325

2,523

At 30 April 2024

-

263

2,736

2,999

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

627,852

919,947

Amounts owed by group undertakings

69,187

53,593

Amounts recoverable on contract

337,882

280,602

Other debtors

5,000

40,491

1,039,921

1,294,633

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

90,625

10,000

Trade creditors

300,388

293,944

Amounts owed to group undertakings

31,073

Taxation and social security

333,794

305,194

Other creditors

64,677

102,831

820,557

743,042

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

11,667

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

24,000

2,821

Between one and five years

118,000

-

142,000

2,821

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100