Gardner Electrical Limited 13963025 false 2025-04-01 2026-03-31 2026-03-31 The principal activity of the company is that of electrical services. Digita Accounts Production Advanced 6.30.9574.0 true 13963025 2025-04-01 2026-03-31 13963025 2026-03-31 13963025 core:CurrentFinancialInstruments 2026-03-31 13963025 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 13963025 core:FurnitureFittingsToolsEquipment 2026-03-31 13963025 core:MotorVehicles 2026-03-31 13963025 bus:SmallEntities 2025-04-01 2026-03-31 13963025 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 13963025 bus:FilletedAccounts 2025-04-01 2026-03-31 13963025 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13963025 bus:RegisteredOffice 2025-04-01 2026-03-31 13963025 bus:Director1 2025-04-01 2026-03-31 13963025 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13963025 core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 13963025 core:MotorVehicles 2025-04-01 2026-03-31 13963025 core:OfficeEquipment 2025-04-01 2026-03-31 13963025 countries:England 2025-04-01 2026-03-31 13963025 2025-03-31 13963025 core:FurnitureFittingsToolsEquipment 2025-03-31 13963025 core:MotorVehicles 2025-03-31 13963025 2024-04-01 2025-03-31 13963025 2025-03-31 13963025 core:CurrentFinancialInstruments 2025-03-31 13963025 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 13963025 core:FurnitureFittingsToolsEquipment 2025-03-31 13963025 core:MotorVehicles 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 13963025

Gardner Electrical Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

Gardner Electrical Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 6

Gardner Electrical Limited

(Registration number: 13963025)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 32,111 | 34,020
Current assets |  |  |
Debtors | 5 | 12,745 | 4,924
Cash at bank and in hand |  | 16,642 | 9,800
|  | 29,387 | 14,724
Creditors: Amounts falling due within one year | 6 | (25,619) | (16,229)
Net current assets/(liabilities) |  | 3,768 | (1,505)
Net assets |  | 35,879 | 32,515
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 35,779 | 32,415
Shareholders' funds |  | 35,879 | 32,515

For the financial year ending 31 March 2026 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 4 June 2026

......................................... Mr T Gardner Director

Gardner Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
125A Maxwell Drive
Loughborough
LE11 5EJ

These financial statements were authorised for issue by the director on 4 June 2026.

2 | 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.

Judgements

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 based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

Gardner Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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
Motor Vehicles | 25% reducing balance
Office Equipment | 25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Gardner Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Financial instruments

Recognition and measurement
A financial asset or financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis or similar credit risk characteristics.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Gardner Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2025 | 3,468 | 39,328 | 42,796
Additions | 6,118 | - | 6,118
At 31 March 2026 | 9,586 | 39,328 | 48,914
Depreciation
At 1 April 2025 | 910 | 7,866 | 8,776
Charge for the year | 1,735 | 6,292 | 8,027
At 31 March 2026 | 2,645 | 14,158 | 16,803
Carrying amount
At 31 March 2026 | 6,941 | 25,170 | 32,111
At 31 March 2025 | 2,558 | 31,462 | 34,020

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of freehold land and buildings.

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 8,178 | 4,924
Other debtors | 4,567 | -
| 12,745 | 4,924

Gardner Electrical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 300 | 366
Taxation and social security | 3,809 | 6,707
Accruals and deferred income | 1,345 | 1,345
Other creditors | 20,165 | 7,811
| 25,619 | 16,229

7 | Related party transactions

The amount owing to the director at 31st March 2026 was £1449 (2025: £6235).