REGISTERED NUMBER: 04237481

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Darren Wilkins Electrical Contractors

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S J Wilkins

D Wilkins

SECRETARY:

Mrs S J Wilkins

REGISTERED OFFICE:

Coombend

Radstock

BA3 3AS

REGISTERED NUMBER:

04237481

ACCOUNTANTS:

Nigelmarks Ltd

North Lodge

South Horrington

Wells

Somerset

BA5 3DZ

FIXED ASSETS

Tangible assets

4

164,612

180,107

CURRENT ASSETS

Stocks

113,151

31,272

Debtors

5

214,247

200,736

Prepayments and accrued income

17,382

13,740

Cash at bank and in hand

459,335

443,178

804,115

688,926

CREDITORS

Amounts falling due within one year

6

130,148

146,009

NET CURRENT ASSETS

673,967

542,917

TOTAL ASSETS LESS CURRENT LIABILITIES

838,579

723,024

CREDITORS

Amounts falling due after more than one year

7

(63,014

)

(67,061

)

PROVISIONS FOR LIABILITIES

(40,271

)

(41,853

)

NET ASSETS

735,294

614,110

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

735,194

614,010

735,294

614,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by:

D Wilkins - Director

1.	STATUTORY INFORMATION

Darren Wilkins Electrical Contractors Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 March 2025

33,692

68,120

17,450

Additions

-

1,134

-

Disposals

-

-

-

At 28 February 2026

33,692

69,254

17,450

DEPRECIATION

At 1 March 2025

33,268

57,443

9,343

Charge for year

424

2,953

2,027

Eliminated on disposal

-

-

-

At 28 February 2026

33,692

60,396

11,370

NET BOOK VALUE

At 28 February 2026

-

8,858

6,080

At 28 February 2025

424

10,677

8,107

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

385,814

36,148

541,224

Additions

83,225

1,970

86,329

Disposals

(65,090

)

-

(65,090

)

At 28 February 2026

403,949

38,118

562,463

DEPRECIATION

At 1 March 2025

232,695

28,368

361,117

Charge for year

47,454

2,437

55,295

Eliminated on disposal

(18,561

)

-

(18,561

)

At 28 February 2026

261,588

30,805

397,851

NET BOOK VALUE

At 28 February 2026

142,361

7,313

164,612

At 28 February 2025

153,119

7,780

180,107

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

207,461

193,822

Other debtors

6,786

6,914

214,247

200,736

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,273

9,094

Finance leases

23,386

32,976

Trade creditors

60,832

59,200

Taxation and social security

32,050

29,618

Other creditors

11,607

15,121

130,148

146,009

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases

63,014

67,061

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

D Wilkins

Balance outstanding at start of year

(307

)

6,158

Amounts advanced

307

25,535

Amounts repaid

-

(32,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(307

)

Mrs S J Wilkins

Balance outstanding at start of year

(307

)

6,158

Amounts advanced

307

25,535

Amounts repaid

-

(32,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(307

)