REGISTERED NUMBER: 10973028 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

M.Y. Electrical Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible fixed assets

4

2,493

3,149

Current assets

Debtors

5

51,772

10,936

Cash at bank

18,434

25,980

70,206

36,916

Creditors

Amounts falling due within one year

6

15,549

10,256

Net current assets

54,657

26,660

Total assets less current liabilities

57,150

29,809

Capital and reserves

Called up share capital

7

2

2

Retained earnings

57,148

29,807

Shareholders' funds

57,150

29,809

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

H York - Director

1.	Statutory information

M.Y. Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10973028

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of VAT and discounts. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Computer equipment - 25% reducing balance

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.

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 2 (2024 - NIL ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 October 2024

and 30 September 2025

3,276

Depreciation

At 1 October 2024

127

Charge for year

656

At 30 September 2025

783

Net book value

At 30 September 2025

2,493

At 30 September 2024

3,149

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

6,049

-

Other debtors

45,723

10,936

51,772

10,936

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

1,428

1,764

Taxation and social security

12,920

7,291

Other creditors

1,201

1,201

15,549

10,256

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2

8.	Off-balance sheet arrangements

At the period end, the company had lease commitments of £17,748 (2024: £nil).

9.	Directors' advances, credits and guarantees

During the year, the company advanced the directors £38,844 (2024: £22,750) and they repaid £6,057 (2024: £13,314). At the year end, the directors owed the company £42,223 (2024: £9,436). The advances were interest-free, unsecured and repayable on demand.