REGISTERED NUMBER: 10928455 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st August 2025

for

Mulcahy Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Mulcahy

Mrs G L Mulcahy

REGISTERED OFFICE:

25 Printshop Lane

Darwen

United Kingdom

BB3 2QF

REGISTERED NUMBER:

10928455 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

48,341

38,328

CURRENT ASSETS

Stocks

2,285

5,309

Debtors

5

40,727

33,393

Cash at bank

27,905

37,909

70,917

76,611

CREDITORS

Amounts falling due within one year

6

24,398

45,999

NET CURRENT ASSETS

46,519

30,612

TOTAL ASSETS LESS CURRENT LIABILITIES

94,860

68,940

PROVISIONS FOR LIABILITIES

9,185

-

NET ASSETS

85,675

68,940

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

85,665

68,930

85,675

68,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th May 2026 and were signed on its behalf by:

Mr S Mulcahy - Director

1.	STATUTORY INFORMATION

Mulcahy Electrical Ltd 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.

Tangible fixed assets

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

Stocks

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

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st September 2024

8,280

5,640

55,244

2,367

71,531

Additions

1,208

-

28,091

-

29,299

Disposals

-

-

(16,246

)

-

(16,246

)

At 31st August 2025

9,488

5,640

67,089

2,367

84,584

DEPRECIATION

At 1st September 2024

3,607

1,201

26,777

1,618

33,203

Charge for year

1,024

364

3,605

247

5,240

Eliminated on disposal

-

-

(2,200

)

-

(2,200

)

At 31st August 2025

4,631

1,565

28,182

1,865

36,243

NET BOOK VALUE

At 31st August 2025

4,857

4,075

38,907

502

48,341

At 31st August 2024

4,673

4,439

28,467

749

38,328

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,155

17,599

Other debtors

14,572

15,794

40,727

33,393

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,491

14,109

Taxation and social security

305

23,076

Other creditors

8,602

8,814

24,398

45,999

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is the directors.