Gareth Edwards Electrics Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07163028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

GARETH EDWARDS ELECTRICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G J Edwards

Mrs S Edwards

REGISTERED OFFICE:

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

REGISTERED NUMBER:

07163028 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

CURRENT ASSETS

Debtors

4

43,631

40,960

Cash at bank

7

43,638

40,967

CREDITORS

Amounts falling due within one year

5

32,960

26,812

NET CURRENT ASSETS

10,678

14,155

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,678

14,155

CREDITORS

Amounts falling due after more than one
year

6

10,619

13,959

NET ASSETS

59

196

CAPITAL AND RESERVES

Called up share capital

7

10

Retained earnings

8

49

186

SHAREHOLDERS' FUNDS

59

196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 14 May 2026 and were signed on its behalf by:

Mr G J Edwards - Director

1.	STATUTORY INFORMATION

Gareth Edwards Electrics 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

1,850

1,158

Directors' loan accounts

23,509

15,724

Section 455 tax recoverable

6,712

6,578

Social security and other taxes

2,310

-

Prepayments and accrued income

9,250

17,500

43,631

40,960

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

8,750

5,246

Trade creditors

10,681

9,880

Corporation tax

1,905

3,161

Social security and other taxes

-

1,777

Other creditors

7,874

2,998

Accrued expenses

3,750

32,960

26,812

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

Bank loans - 1-2 years

3,218

3,209

Bank loans - 2-5 years

7,401

9,297

Bank loans more 5 yr by instal

-

1,453

10,619

13,959

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,453

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

10

Ordinary

£1

10

8.

RESERVES

Retained

earnings

£

At 1 April 2025

186

Profit for the year

7,363

Dividends

(7,500

)

At 31 March 2026

49

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

Mr G J Edwards

Balance outstanding at start of year

15,724

20,122

Amounts advanced

7,785

-

Amounts repaid

-

(4,398

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

23,509

15,724

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G J Edwards.