Company registration number: 03493836
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
M J Newton Electrical Contractors Limited
Pages for filing with the Registrar
Company registration number: 03493836
M J Newton Electrical Contractors Limited
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 161,011 106,376
161,011 106,376
Current assets
Stocks 120,000 30,000
Debtors 40,496 148,521
Cash at bank and in hand 157,779 113,098
318,275 291,619
Creditors: amounts falling due within one
year 		(202,770) (273,491)
Net current assets 115,505 18,128
Total assets less current liabilities 276,516 124,504
Creditors: Amounts falling due after more
than one year 		(74,088) (41,762)
NET ASSETS 202,428 82,742
Capital and reserves
Called up share capital 110 110
Profit and loss account 202,318 82,632
TOTAL EQUITY 202,428 82,742
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03493836
M J Newton Electrical Contractors Limited
Balance sheet - continued
as at 31 January 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 9 June 2026 and signed on its behalf by:
Mr M Newton, Director
9 June 2026
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M J Newton Electrical Contractors Limited
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
M J Newton Electrical Contractors Limited is a private company registered in England and Wales. Its registered number is 03493836. The company is limited by shares. Its registered office is College House, 17 King Edwards Road, Ruislip, Middlesex, HA4 7AE.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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M J Newton Electrical Contractors Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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.
3 Average number of employees
During the year the average number of employees was 5 (2025 - 7).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 February 2025 192,157
Additions 142,324
Disposals (92,996)
At 31 January 2026 241,485
Depreciation
At 1 February 2025 85,781
Charge for year 53,292
Eliminated on disposal (58,599)
At 31 January 2026 80,474
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M J Newton Electrical Contractors Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
4 Tangible fixed assets - continued
Net book value
At 31 January 2026 161,011
At 31 January 2025 106,376
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