REGISTERED NUMBER: 11643248 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Mayville Electrical Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

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

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

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

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.