REGISTERED NUMBER: 04515543 (England and Wales)

D.J.Mace & Son (Electrical Contractors)

Limited

Unaudited Financial Statements

for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Hobson

SECRETARY:

M Perry

REGISTERED OFFICE:

Unit N2 Lambs Farm Business Park,

Basingstoke Road,

Swallowfield,

Reading

Berkshire

RG7 1PQ

REGISTERED NUMBER:

04515543 (England and Wales)

Fixed assets

Tangible assets

5

40,924

54,565

Current assets

Stocks

6

31,634

34,065

Debtors

7

1,057,376

859,820

Cash in hand

220,721

66,017

1,309,731

959,902

Creditors

Amounts falling due within one year

8

(426,363

)

(277,221

)

Net current assets

883,368

682,681

Total assets less current liabilities

924,292

737,246

Provisions for liabilities

9

(13,616

)

(13,616

)

Net assets

910,676

723,630

Capital and reserves

Called up share capital

10

100

100

Share premium

9,417

9,417

Retained earnings

901,159

714,113

Shareholders' funds

910,676

723,630

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 May 2026 and were signed by:

D Hobson - Director

1.	GENERAL INFORMATION

D.J. Mace & Son (Electrical Contractors) Limited is a limited liability company incorporated in England and Wales. The address of its registered office is Unit N2 Lambs Farm Business Park, Basingstoke Road, Swallowfield, Reading, Berkshire, England, RG7 1PQ.

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 under the historical cost convention unless otherwise

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group.

The following principal accounting policies have been applied:

GOING CONCERN

The directors have produced a detailed forecast profit and loss, balance sheet and cash flow for a period of 12 months from the date of the approval of these financial statements which indicate the group will have sufficient cash reserves to meet its liabilities as they fall due assuming the continued support of the bank, related companies and group. On this basis the directors are of the opinion the going concern basis remains applicable.

REVENUE

Revenue represents the fair value of consideration receivable for electrical contracting services and the supply of related materials provided in the normal course of business, net of value added tax, trade discounts and rebates.

Revenue from contracts for services is recognised by reference to the stage of completion of the contract activity at the reporting date, when the outcome of the contract can be estimated reliably. The stage of completion is assessed by reference to the proportion of contract costs incurred for work performed to date compared with the estimated total contract costs.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent that contract costs incurred are expected to be recoverable.

Revenue relating to the supply of materials is recognised when control of the goods has passed to the customer.

PENSIONS

Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery - 25% Reducing balance

Motor vehicles - 25% Reducing balance

Office equipment - 20/25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, Including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations\ that management has made in the process of applying the entity's accounting policies and that have the mast significant effect on the amounts recognised in the financial statements are described below.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

The fixed asset depreciation charge is derived from the estimated useful economic life and residual value of the asset. These are reviewed annually alongside any impairment indicators.

The directors assess the closing debtor balances for recoverability and those not considered probable of

recovery are provided for in full. For the current year, the directors have assessed the balances outstanding and consider no provision to be required against these.

There were no other key sources of estimation uncertainty.

TAXATION

Taxation for the year comprises current 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

and 30 June 2025

10,305

188,308

16,892

215,505

DEPRECIATION

At 1 July 2024

9,216

140,556

11,168

160,940

Charge for year

272

11,938

1,431

13,641

At 30 June 2025

9,488

152,494

12,599

174,581

NET BOOK VALUE

At 30 June 2025

817

35,814

4,293

40,924

At 30 June 2024

1,089

47,752

5,724

54,565

6.

STOCKS

2025

2024

£

£

Raw materials and consumables

31,078

31,078

Finished goods and goods for resale

556

2,987

31,634

34,065

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

390,127

271,697

Amounts owed by group undertakings

553,050

478,287

Other debtors

114,199

109,836

1,057,376

859,820

Amounts owed by group undertakings are unsecured and no interest receivable on the above stated balance.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

232,377

165,969

Amounts owed to group undertakings

-

45,054

Other taxation and social security

23,628

13,748

Other creditors

170,358

52,450

426,363

277,221

Amounts owed to group undertakings are unsecured and no interest payable on the above stated balances.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

13,616

13,616

Deferred

tax

£

Balance at 1 July 2024

13,616

Balance at 30 June 2025

13,616

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

1

100

100

11.	PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,798.04 (2024: £14,239). Contributions were payable to the fund at the balance sheet date of £11,248 (2024: £1,174).

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13.	ULTIMATE CONTROLLING PARTY

The Company is controlled and owned by Advantos DJM Limited by virtue of their 100% shareholding.

The ultimate parent undertaking is IIEHServices Ltd and will prepare consolidated accounts for the period ended 30 June 2025.

The ultimate controlling parties are the directors by virtue of their shareholding in IIEHServices Ltd. There is no single individual controlling party.

The largest and smallest group of undertakings for which group accounts for the period ending 30 June 2025 have been drawn up, is that headed by IIEHServices Ltd. Copies of the group accounts are available from 98 Flitwick Road, Ampthill, Bedford, England, MK45 2NY.