REGISTERED NUMBER: 07763686 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Pennine Electrical Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

Mr N D Cuming

SECRETARY:

Miss M L Allen

REGISTERED OFFICE:

Copper Tree Lodge

Langsett

Sheffield

South Yorkshire

S36 4GY

REGISTERED NUMBER:

07763686 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

75,129

99,456

CURRENT ASSETS

Debtors

6

621,913

313,371

Cash at bank

1,348,363

1,667,966

1,970,276

1,981,337

CREDITORS

Amounts falling due within one year

7

281,589

249,550

NET CURRENT ASSETS

1,688,687

1,731,787

TOTAL ASSETS LESS CURRENT LIABILITIES

1,763,816

1,831,243

PROVISIONS FOR LIABILITIES

9,147

13,114

NET ASSETS

1,754,669

1,818,129

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

1,754,659

1,818,119

SHAREHOLDERS' FUNDS

1,754,669

1,818,129

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

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

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

Mr N D Cuming - Director

1.	STATUTORY INFORMATION

Pennine Electrical Services 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

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

These financial statements have been prepared in compliance with FRS 102, 'The Financial Standard Applicable in the UK and the Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Subsequent to the year-end, the Coronavirus pandemic has caused a global health and economic crisis that is without precedent.

Whilst governments worldwide (including in the UK) and global authorities responded with extraordinary measures, the crisis has had, and will continue to have, a very significant impact on many businesses.

The accounts are required to be drawn up on a going concern basis which looks ahead at least 12 months from the date of signing. During the pandemic, the company has drawn upon appropriate government support, but remains profitable and has cash reserves. Accordingly the director has a reasonable expectation that the company will remain operational for the next 12 months and so is a going concern. However, any further significant and sustained UK lockdown or widespread second wave of the pandemic could potentially impact on this assessment.

Significant judgements and estimates

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

Turnover

Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

All fixed assets are initially recorded at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

195,653

Additions

1,940

At 31 August 2025

197,593

DEPRECIATION

At 1 September 2024

96,197

Charge for year

26,267

At 31 August 2025

122,464

NET BOOK VALUE

At 31 August 2025

75,129

At 31 August 2024

99,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

612,778

303,767

Other debtors

9,135

9,604

621,913

313,371

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

50,322

53,584

Taxation and social security

229,179

186,537

Other creditors

2,088

9,429

281,589

249,550

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Ordinary

£1

10

10