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REGISTERED NUMBER: 11643248 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Mayville Electrical Ltd

Mayville Electrical Ltd (Registered number: 11643248)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

Mayville Electrical Ltd

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | Mr D B Gilding

| Ms L Martin

| REGISTERED OFFICE: | The Retreat

| 406 Roding Lane South

| Woodford Green

| Essex

| IG8 8EY

| REGISTERED NUMBER: | 11643248 (England and Wales)

| ACCOUNTANTS: | Nordens

| The Retreat

| 406 Roding Lane South

| Woodford Green

| Essex

| IG8 8EY

Mayville Electrical Ltd (Registered number: 11643248)

Statement of Financial Position

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 6,591 |  | 8,578 |  |

CURRENT ASSETS

Debtors | 5 | 30,225 |  | 5,770 |  |

Cash at bank and in hand | 41 |  | 1,036 |  |

30,266 |  | 6,806 |  |

CREDITORS

Amounts falling due within one year | 6 | 36,311 |  | 12,892 |  |

NET CURRENT LIABILITIES | (6,045 | ) | (6,086 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 546 |  | 2,492 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 544 |  | 2,490 |  |

SHAREHOLDERS' FUNDS | 546 |  | 2,492 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 9 June 2026 and were signed on its behalf by:

Mr D B Gilding - Director

Ms L Martin - Director

Mayville Electrical Ltd (Registered number: 11643248)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Mayville 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

| Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Going concern

| The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2024

| and 31 October 2025 | 3,000 |  | 20,559 |  | 1,600 |  | 25,159 |  |

| DEPRECIATION

| At 1 November 2024 | 1,434 |  | 14,053 |  | 1,094 |  | 16,581 |  |

| Charge for year | 235 |  | 1,626 |  | 126 |  | 1,987 |  |

| At 31 October 2025 | 1,669 |  | 15,679 |  | 1,220 |  | 18,568 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,331 |  | 4,880 |  | 380 |  | 6,591 |  |

| At 31 October 2024 | 1,566 |  | 6,506 |  | 506 |  | 8,578 |  |

Mayville Electrical Ltd (Registered number: 11643248)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

4. | PROPERTY, PLANT AND EQUIPMENT - continued

| Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 20,559 |  |

| DEPRECIATION

| At 1 November 2024 | 11,885 |  |

| Charge for year | 1,626 |  |

| At 31 October 2025 | 13,511 |  |

| NET BOOK VALUE

| At 31 October 2025 | 7,048 |  |

| At 31 October 2024 | 8,674 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 30,225 |  | 5,770 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade creditors | 529 |  | 1,691 |  |

| Taxation and social security | 4,321 |  | - |  |

| Other creditors | 31,461 |  | 11,201 |  |

36,311 |  | 12,892 |  |

7. | RELATED PARTY DISCLOSURES

| The directors Mr D B Gilding and Mrs L Martin are considered to be the key management personnel.