BSB Electrical Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03437383

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		68,915		91,886

			68,915		91,886
CURRENT ASSETS
Stocks	5	371,556		309,594
Debtors		535,717		265,030
Cash at bank and in hand		1,813,902		2,154,224

		2,721,175		2,728,848
Creditors: Amounts Falling Due Within One Year		(302,184 )		(289,308 )

NET CURRENT ASSETS (LIABILITIES)			2,418,991		2,439,540

TOTAL ASSETS LESS CURRENT LIABILITIES			2,487,906		2,531,426

PROVISIONS FOR LIABILITIES
Deferred Taxation			(18,765 )		(11,118 )

NET ASSETS			2,469,141		2,520,308

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			2,468,141		2,519,308

SHAREHOLDERS' FUNDS			2,469,141		2,520,308

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BSB Electrical Services Limited

Balance Sheet (continued)

As At 30 September 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Benn Smith

Director

20th March 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

BSB Electrical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03437383 . The registered office is 237 Westcombe Hill, London, SE3 7DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

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

Tax is recognised in the profit and loss account 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.

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BSB Electrical Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 12)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	9,944	180,909	3,408	36,258	230,519

As at 30 September 2025	9,944	180,909	3,408	36,258	230,519

Depreciation
As at 1 October 2024	9,027	93,022	1,085	35,499	138,633
Provided during the period	229	21,972	581	189	22,971

As at 30 September 2025	9,256	114,994	1,666	35,688	161,604

Net Book Value
As at 30 September 2025	688	65,915	1,742	570	68,915

As at 1 October 2024	917	87,887	2,323	759	91,886

5. Stocks

	2025	2024
	£	£
Stock	371,556	309,594

6. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
1,000 Ordinary Shares of £ 1.00 each	1,000	1,000

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