Registration number: SC393010

Statcourt Electrical Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Statcourt Electrical Limited

Company Information

Director

Mr Gregg Walker

Registered office

13-15 Morningside Drive Edinburgh EH10 5LZ

Accountants

JS Accounting Services Ltd 13-15 Morningside Drive Edinburgh EH10 5LZ

Statcourt Electrical Limited

(Registration number: SC393010)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	35,086	43,828
Current assets
Debtors	4	45,037	47,245
Cash at bank and in hand		71,994	75,665
		117,031	122,910
Creditors: Amounts falling due within one year	5	(21,465)	(31,939)
Net current assets		95,566	90,971
Net assets		130,652	134,799
Capital and reserves
Called up share capital		2	2
Retained earnings		130,650	134,797
Shareholders' funds		130,652	134,799

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 May 2026
 

......................................... Mr Gregg Walker Director

Statcourt Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance and 15% reducing balance

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Statcourt Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 3).

3	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2024	772	5,860	52,103	58,735
At 31 August 2025	772	5,860	52,103	58,735
Depreciation
At 1 September 2024	613	5,542	8,752	14,907
Charge for the year	24	48	8,670	8,742
At 31 August 2025	637	5,590	17,422	23,649
Carrying amount
At 31 August 2025	135	270	34,681	35,086
At 31 August 2024	159	318	43,351	43,828

4

Debtors

Current	2025 £	2024 £
Trade debtors	27,127	26,776
Other debtors	17,910	20,469
	45,037	47,245

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	885	3,025
Taxation and social security	13,020	23,914
Other creditors	7,560	5,000
	21,465	31,939